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      <regZipOrPostalCode>64111</regZipOrPostalCode>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>First Citizens BancShares Inc/NC</name>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="46780.000000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ford Motor Co</name>
        <lei>20S05OYHG0MQM4VUIC57</lei>
        <title>Ford Motor Co (pfd) 6.50%</title>
        <cusip>345370811</cusip>
        <identifiers>
          <isin value="US3453708113"/>
          <ticker value="F"/>
          <other otherDesc="SEDOL" value="BPJK038"/>
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        <balance>19437.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>482037.6000000000</valUSD>
        <pctVal>0.5357172666</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="325872.000000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Huntington Bancshares Inc/OH</name>
        <lei>549300XTVCVV9I7B5T19</lei>
        <title>Huntington Bancshares Inc/OH (pfd) 6.88% Series J</title>
        <cusip>446150773</cusip>
        <identifiers>
          <isin value="US4461507737"/>
          <ticker value="HBAN"/>
          <other otherDesc="SEDOL" value="BQMS207"/>
        </identifiers>
        <balance>12789.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>338524.8300000000</valUSD>
        <pctVal>0.3762229266</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="209875.780000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Jackson Financial Inc</name>
        <lei>213800WXW2KG1N4CO374</lei>
        <title>Jackson Financial Inc (pfd) 8.00%</title>
        <cusip>46817M206</cusip>
        <identifiers>
          <isin value="US46817M2061"/>
          <ticker value="JXN"/>
          <other otherDesc="SEDOL" value="BMW6VL7"/>
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        <balance>19757.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>542724.7900000000</valUSD>
        <pctVal>0.6031625769</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="123615.000000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan Chase &amp; Co</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMorgan Chase &amp; Co (pfd) 4.75% Series GG</title>
        <cusip>48128B622</cusip>
        <identifiers>
          <isin value="US48128B6222"/>
          <ticker value="JPM"/>
          <other otherDesc="SEDOL" value="BK57WX2"/>
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        <balance>32705.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>722126.4000000000</valUSD>
        <pctVal>0.8025423351</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="290374.080000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan Chase &amp; Co</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMorgan Chase &amp; Co (pfd) 5.75% Series DD</title>
        <cusip>48128B655</cusip>
        <identifiers>
          <isin value="US48128B6552"/>
          <ticker value="JPM"/>
          <other otherDesc="SEDOL" value="BFY34D0"/>
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        <balance>73543.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1842987.5800000000</valUSD>
        <pctVal>2.0482225218</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="230828.000000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>M&amp;T Bank Corp</name>
        <lei>549300WYXDDBYRASEG81</lei>
        <title>M&amp;T Bank Corp (pfd) 7.50% Series J</title>
        <cusip>55261F864</cusip>
        <identifiers>
          <isin value="US55261F8648"/>
          <ticker value="MTB"/>
          <other otherDesc="SEDOL" value="BS55Z77"/>
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        <balance>49413.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1358363.3700000000</valUSD>
        <pctVal>1.5096306005</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="515684.910000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>MetLife Inc</name>
        <lei>C4BXATY60WC6XEOZDX54</lei>
        <title>MetLife Inc (pfd) 6.21% Series A</title>
        <cusip>59156R504</cusip>
        <identifiers>
          <isin value="US59156R5046"/>
          <ticker value="MET"/>
          <other otherDesc="SEDOL" value="B0B87W3"/>
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        <balance>33856.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>839628.8000000000</valUSD>
        <pctVal>0.9331297925</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="2480.000000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley (pfd) 5.62% Series A</title>
        <cusip>61747S504</cusip>
        <identifiers>
          <isin value="US61747S5047"/>
          <ticker value="MS"/>
          <other otherDesc="SEDOL" value="B1802M4"/>
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        <balance>61651.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1479007.4900000000</valUSD>
        <pctVal>1.6437096396</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="134344.000000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley (pfd) 6.38% Series I</title>
        <cusip>61761J406</cusip>
        <identifiers>
          <isin value="US61761J4067"/>
          <ticker value="MS"/>
          <other otherDesc="SEDOL" value="BQT2G00"/>
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        <balance>25074.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>635625.9000000000</valUSD>
        <pctVal>0.7064091467</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="274920.750000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley (pfd) 5.85% Series K</title>
        <cusip>61762V606</cusip>
        <identifiers>
          <isin value="US61762V6065"/>
          <ticker value="MS"/>
          <other otherDesc="SEDOL" value="BYYYY81"/>
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        <balance>39546.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>985881.7800000000</valUSD>
        <pctVal>1.0956694920</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="3814.290000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>National Storage Affiliates Trust</name>
        <lei>N/A</lei>
        <title>National Storage Affiliates Trust (pfd) 6.00% Series A</title>
        <cusip>637870205</cusip>
        <identifiers>
          <isin value="US6378702053"/>
          <ticker value="NSA"/>
          <other otherDesc="SEDOL" value="BF0M624"/>
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        <balance>14661.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>348198.7500000000</valUSD>
        <pctVal>0.3869741335</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="23275.000000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>NextEra Energy Inc</name>
        <lei>254900RHL9MEUS5NKX63</lei>
        <title>NextEra Energy Inc (conv) 7.30% 06-01-2027</title>
        <cusip>65339F663</cusip>
        <identifiers>
          <isin value="US65339F6631"/>
          <ticker value="NEE"/>
          <other otherDesc="SEDOL" value="BPBP9W3"/>
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        <balance>10902.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>569356.9500000000</valUSD>
        <pctVal>0.6327604920</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="423762.080000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>NextEra Energy Capital Holdings Inc</name>
        <lei>UMI46YPGBLUE4VGNNT48</lei>
        <title>NextEra Energy Capital Holdings Inc 4.80 12/01/2077</title>
        <cusip>65339KAV2</cusip>
        <identifiers>
          <isin value="US65339KAV26"/>
          <ticker value="NEE"/>
          <other otherDesc="SEDOL" value="BF3BKY8"/>
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        <balance>221000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>214022.3700000000</valUSD>
        <pctVal>0.2378558831</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2077-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.800000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="162881.890000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Brookfield Oaktree Holdings LLC</name>
        <lei>254900T1ODNFOK2L6090</lei>
        <title>Brookfield Oaktree Holdings LLC (pfd) 6.63% Series A</title>
        <cusip>674001300</cusip>
        <identifiers>
          <isin value="US6740013007"/>
          <ticker value="OAK"/>
          <other otherDesc="SEDOL" value="BYVNFF5"/>
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        <balance>26853.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>608220.4500000000</valUSD>
        <pctVal>0.6759518281</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="43035.000000000000"/>
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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) 6.20% 12/15/2172 Perpetual</title>
        <cusip>693475BF1</cusip>
        <identifiers>
          <isin value="US693475BF18"/>
          <ticker value="PNC"/>
          <other otherDesc="SEDOL" value="BPLHNP0"/>
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        <balance>552000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>560027.7400000000</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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="424260.570000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Public Storage/new</name>
        <lei>549300LMZF40TKJ6DM64</lei>
        <title>Public Storage (pfd) 4.10% Series S</title>
        <cusip>74460W396</cusip>
        <identifiers>
          <isin value="US74460W3960"/>
          <ticker value="PSA"/>
          <other otherDesc="SEDOL" value="BMX8DR2"/>
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        <balance>17023.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>316968.2600000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Public Storage/new</name>
        <lei>549300LMZF40TKJ6DM64</lei>
        <title>Public Storage (pfd) 4.00% Series R</title>
        <cusip>74460W420</cusip>
        <identifiers>
          <isin value="US74460W4208"/>
          <ticker value="PSA"/>
          <other otherDesc="SEDOL" value="BMQ85K6"/>
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        <balance>33883.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>611249.3200000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="30668.000000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Regions Financial Corp</name>
        <lei>CW05CS5KW59QTC0DG824</lei>
        <title>Regions Financial Corp (pfd) 5.70% Series C</title>
        <cusip>7591EP704</cusip>
        <identifiers>
          <isin value="US7591EP7044"/>
          <ticker value="RF"/>
          <other otherDesc="SEDOL" value="BJMXZX7"/>
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        <balance>28489.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>717353.0200000000</valUSD>
        <pctVal>0.7972373919</pctVal>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Regions Financial Corp</name>
        <lei>CW05CS5KW59QTC0DG824</lei>
        <title>Regions Financial Corp (pfd) 4.45% Series E</title>
        <cusip>7591EP886</cusip>
        <identifiers>
          <isin value="US7591EP8869"/>
          <ticker value="RF"/>
          <other otherDesc="SEDOL" value="BP2C5M5"/>
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        <balance>21122.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>422017.5600000000</valUSD>
        <pctVal>0.4690134000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="314505.180000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Reinsurance Group of America Inc</name>
        <lei>LORM1GNEU1DKEW527V90</lei>
        <title>Reinsurance Group of America Inc (pfd) 5.75%</title>
        <cusip>759351802</cusip>
        <identifiers>
          <isin value="US7593518027"/>
          <ticker value="RGA"/>
          <other otherDesc="SEDOL" value="BYT3Q98"/>
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        <balance>22617.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>565877.3400000000</valUSD>
        <pctVal>0.6288933929</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="2500.000000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>RenaissanceRe Holdings Ltd</name>
        <lei>EK6GB9U3U58PDI411C94</lei>
        <title>RenaissanceRe Holdings Ltd (pfd) 5.75% Series F</title>
        <cusip>75968N309</cusip>
        <identifiers>
          <isin value="US75968N3098"/>
          <ticker value="RNR"/>
          <other otherDesc="SEDOL" value="BFMZ665"/>
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        <balance>14806.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>361710.5800000000</valUSD>
        <pctVal>0.4019906397</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="73290.000000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Charles Schwab Corp/The</name>
        <lei>549300VSGCJ7E698NM85</lei>
        <title>Charles Schwab Corp/The (pfd) 4.45% Series J</title>
        <cusip>808513865</cusip>
        <identifiers>
          <isin value="US8085138654"/>
          <ticker value="SCHW"/>
          <other otherDesc="SEDOL" value="BMW32F9"/>
        </identifiers>
        <balance>23260.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>494275.0000000000</valUSD>
        <pctVal>0.5493174224</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="369218.750000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Southern Co/The</name>
        <lei>549300FC3G3YU2FBZD92</lei>
        <title>Southern Co/The (pfd) 4.20% Series C</title>
        <cusip>842587883</cusip>
        <identifiers>
          <isin value="US8425878837"/>
          <ticker value="SO"/>
          <other otherDesc="SEDOL" value="BMGS0L2"/>
        </identifiers>
        <balance>116744.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2306861.4400000000</valUSD>
        <pctVal>2.5637533358</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="849680.000000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>State Street Corp</name>
        <lei>549300ZFEEJ2IP5VME73</lei>
        <title>State Street Corp (pfd) 5.35% Series G</title>
        <cusip>857477855</cusip>
        <identifiers>
          <isin value="US8574778556"/>
          <ticker value="STT"/>
          <other otherDesc="SEDOL" value="BYPK477"/>
        </identifiers>
        <balance>38979.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>977203.5300000000</valUSD>
        <pctVal>1.0860248328</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="643571.970000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Stifel Financial Corp</name>
        <lei>549300E5F07FE5GHJX84</lei>
        <title>Stifel Financial Corp (pfd) 5.20%</title>
        <cusip>860630607</cusip>
        <identifiers>
          <isin value="US8606306079"/>
          <ticker value="SF"/>
          <other otherDesc="SEDOL" value="BD9FPT0"/>
        </identifiers>
        <balance>14910.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>331896.6000000000</valUSD>
        <pctVal>0.3688565774</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="117376.980000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TPG Operating Group II LP</name>
        <lei>2549001H9RJQNZT7MU11</lei>
        <title>TPG Operating Group II LP (pfd) 6.95%</title>
        <cusip>872652102</cusip>
        <identifiers>
          <isin value="US8726521029"/>
          <ticker value="TPG"/>
          <other otherDesc="SEDOL" value="BRC7MJ0"/>
        </identifiers>
        <balance>22673.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>590631.6500000000</valUSD>
        <pctVal>0.6564043408</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="442954.200000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Tennessee Valley Authority</name>
        <lei>549300HE1ISW43LNKM54</lei>
        <title>Tennessee Valley Authority (pfd) 2.13% Series D</title>
        <cusip>880591300</cusip>
        <identifiers>
          <isin value="US8805913006"/>
          <ticker value="TVA"/>
          <other otherDesc="SEDOL" value="2612674"/>
        </identifiers>
        <balance>14287.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>325029.2500000000</valUSD>
        <pctVal>0.3612244799</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="236941.250000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>US Bancorp</name>
        <lei>N1GZ7BBF3NP8GI976H15</lei>
        <title>US Bancorp (pfd) 5.52% Series B*</title>
        <cusip>902973155</cusip>
        <identifiers>
          <isin value="US9029731554"/>
          <ticker value="USB"/>
          <other otherDesc="SEDOL" value="B125QN4"/>
        </identifiers>
        <balance>32821.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>757508.6800000000</valUSD>
        <pctVal>0.8418647828</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="537707.580000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Wells Fargo &amp; Co</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>Wells Fargo &amp; Co (pfd) 5.63% Series Y</title>
        <cusip>94988U656</cusip>
        <identifiers>
          <isin value="US94988U6560"/>
          <ticker value="WFC"/>
          <other otherDesc="SEDOL" value="BYQHXS1"/>
        </identifiers>
        <balance>28808.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>710693.3600000000</valUSD>
        <pctVal>0.7898361127</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="503021.300000000000"/>
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      </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>11996007.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>11996007.0000000000</valUSD>
        <pctVal>13.3318813297</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="11996007.000000000000" isCashCollateral="Y"/>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AGNC Investment Corp</name>
        <lei>5TRACI5HRMELWV32OF39</lei>
        <title>AGNC Investment Corp (pfd) 6.13% Series F</title>
        <cusip>00123Q872</cusip>
        <identifiers>
          <isin value="US00123Q8722"/>
          <ticker value="AGNC"/>
          <other otherDesc="SEDOL" value="BK8ZYQ0"/>
        </identifiers>
        <balance>17709.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>434578.8600000000</valUSD>
        <pctVal>0.4829735253</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <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 (pfd) 4.75% Series C</title>
        <cusip>00206R706</cusip>
        <identifiers>
          <isin value="US00206R7061"/>
          <ticker value="T"/>
          <other otherDesc="SEDOL" value="BLL1ZY7"/>
        </identifiers>
        <balance>48058.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>969329.8600000000</valUSD>
        <pctVal>1.0772743516</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Affiliated Managers Group Inc</name>
        <lei>2JE75BUE3T1BLCYYGK54</lei>
        <title>Affiliated Managers Group Inc (pfd) 4.20%</title>
        <cusip>008252835</cusip>
        <identifiers>
          <isin value="US0082528359"/>
          <ticker value="AMG"/>
          <other otherDesc="SEDOL" value="BL972M4"/>
        </identifiers>
        <balance>25809.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>449076.6000000000</valUSD>
        <pctVal>0.4990857324</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>American Financial Group Inc/OH</name>
        <lei>549300AFOM7IVKIU1G39</lei>
        <title>American Financial Group Inc/OH (pfd) 5.13%</title>
        <cusip>025932880</cusip>
        <identifiers>
          <isin value="US0259328807"/>
          <ticker value="AFG"/>
          <other otherDesc="SEDOL" value="BJQY934"/>
        </identifiers>
        <balance>14706.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>324982.0100000000</valUSD>
        <pctVal>0.3611719793</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Apollo Global Management Inc</name>
        <lei>N/A</lei>
        <title>Apollo Global Management Inc (conv) 6.75% 07-31-2026</title>
        <cusip>03769M304</cusip>
        <identifiers>
          <isin value="US03769M3043"/>
          <ticker value="APO"/>
          <other otherDesc="SEDOL" value="BQVW6Z3"/>
        </identifiers>
        <balance>33511.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3105799.4800000000</valUSD>
        <pctVal>3.4516610487</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Arch Capital Group Ltd</name>
        <lei>549300AYR4P8AFKDCE43</lei>
        <title>Arch Capital Group Ltd (pfd) 5.45% Series F</title>
        <cusip>03939A107</cusip>
        <identifiers>
          <isin value="US03939A1079"/>
          <ticker value="ACGL"/>
          <other otherDesc="SEDOL" value="BF956G8"/>
        </identifiers>
        <balance>19726.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>453895.2600000000</valUSD>
        <pctVal>0.5044409979</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Arch Capital Group Ltd</name>
        <lei>549300AYR4P8AFKDCE43</lei>
        <title>Arch Capital Group Ltd (pfd) 4.55% Series G</title>
        <cusip>03939A404</cusip>
        <identifiers>
          <isin value="US03939A4040"/>
          <ticker value="ACGL"/>
          <other otherDesc="SEDOL" value="BNYBNX3"/>
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        <balance>28221.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>562726.7400000000</valUSD>
        <pctVal>0.6253919424</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Assurant Inc</name>
        <lei>H3F39CAXWQRVWURFXL38</lei>
        <title>Assurant Inc (pfd) 5.25%</title>
        <cusip>04621X306</cusip>
        <identifiers>
          <isin value="US04621X3061"/>
          <ticker value="AIZ"/>
          <other otherDesc="SEDOL" value="BLD4BS0"/>
        </identifiers>
        <balance>22135.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>485863.2500000000</valUSD>
        <pctVal>0.5399689406</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Athene Holding Ltd</name>
        <lei>549300H316CT32FQXI76</lei>
        <title>Athene Holding Ltd (pfd) 7.75% Series E</title>
        <cusip>04686J507</cusip>
        <identifiers>
          <isin value="US04686J5074"/>
          <ticker value="ATH"/>
          <other otherDesc="SEDOL" value="BPLKV33"/>
        </identifiers>
        <balance>28095.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>768117.3000000000</valUSD>
        <pctVal>0.8536547779</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Axis Capital Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Axis Capital Holdings Ltd (pfd) 5.50% Series E</title>
        <cusip>05461T305</cusip>
        <identifiers>
          <isin value="US05461T3059"/>
          <ticker value="AXS"/>
          <other otherDesc="SEDOL" value="BD2Z8N2"/>
        </identifiers>
        <balance>30592.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>705451.5200000000</valUSD>
        <pctVal>0.7840105419</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank of America Corp</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>Bank of America Corp (pfd) 6.00% Series GG</title>
        <cusip>060505229</cusip>
        <identifiers>
          <isin value="US0605052291"/>
          <ticker value="BAC"/>
          <other otherDesc="SEDOL" value="BFZNM46"/>
        </identifiers>
        <balance>31841.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>804303.6600000000</valUSD>
        <pctVal>0.8938708479</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank of America Corp</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>Bank of America Corp (pfd) 5.43% Series 02</title>
        <cusip>060505625</cusip>
        <identifiers>
          <isin value="US0605056250"/>
          <ticker value="BAC"/>
          <other otherDesc="SEDOL" value="B06H0T3"/>
        </identifiers>
        <balance>19202.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>442798.1200000000</valUSD>
        <pctVal>0.4921080814</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank of America Corp</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>Bank of America Corp (pfd) 5.00% Series LL</title>
        <cusip>06055H202</cusip>
        <identifiers>
          <isin value="US06055H2022"/>
          <ticker value="BAC"/>
          <other otherDesc="SEDOL" value="BKVJXF1"/>
        </identifiers>
        <balance>49917.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1091185.6200000000</valUSD>
        <pctVal>1.2126999588</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>W R Berkley Corp</name>
        <lei>SQOAGCLKBDWNVYV1OV80</lei>
        <title>W R Berkley Corp (pfd) 5.10%</title>
        <cusip>084423805</cusip>
        <identifiers>
          <isin value="US0844238057"/>
          <ticker value="WRB"/>
          <other otherDesc="SEDOL" value="BJBK4B0"/>
        </identifiers>
        <balance>10822.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>246958.0400000000</valUSD>
        <pctVal>0.2744592665</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Brookfield Infrastructure Finance ULC</name>
        <lei>N/A</lei>
        <title>Brookfield Infrastructure Finance ULC (pfd) 5.00%</title>
        <cusip>11276B109</cusip>
        <identifiers>
          <isin value="US11276B1098"/>
          <ticker value="BIP"/>
          <other otherDesc="SEDOL" value="BNC42V5"/>
        </identifiers>
        <balance>26362.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>480052.0200000000</valUSD>
        <pctVal>0.5335105725</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Brunswick Corp/DE</name>
        <lei>YM4O38W15AX4YLLQKU27</lei>
        <title>Brunswick Corp/DE (pfd) 6.63%</title>
        <cusip>117043505</cusip>
        <identifiers>
          <isin value="US1170435051"/>
          <ticker value="BC"/>
          <other otherDesc="SEDOL" value="BH42ZM7"/>
        </identifiers>
        <balance>12749.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>321019.8200000000</valUSD>
        <pctVal>0.3567685601</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Capital One Financial Corp</name>
        <lei>ZUE8T73ROZOF6FLBAR73</lei>
        <title>Capital One Financial Corp (pfd) 4.25% Series N</title>
        <cusip>14040H733</cusip>
        <identifiers>
          <isin value="US14040H7338"/>
          <ticker value="COF"/>
          <other otherDesc="SEDOL" value="BMHJZD1"/>
        </identifiers>
        <balance>9758.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>177790.7600000000</valUSD>
        <pctVal>0.1975895241</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Capital One Financial Corp</name>
        <lei>ZUE8T73ROZOF6FLBAR73</lei>
        <title>Capital One Financial Corp (pfd) 4.38% Series L</title>
        <cusip>14040H758</cusip>
        <identifiers>
          <isin value="US14040H7585"/>
          <ticker value="COF"/>
          <other otherDesc="SEDOL" value="BMX47S9"/>
        </identifiers>
        <balance>29562.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>559017.4200000000</valUSD>
        <pctVal>0.6212695528</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chart Industries Inc</name>
        <lei>EM7QGKC1GYOF3LSZSL80</lei>
        <title>Chart Industries Inc (conv) 6.75% 12-15-2025</title>
        <cusip>16115Q407</cusip>
        <identifiers>
          <isin value="US16115Q4073"/>
          <ticker value="GTLS"/>
          <other otherDesc="SEDOL" value="BNTBQN9"/>
        </identifiers>
        <balance>11735.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>844450.6000000000</valUSD>
        <pctVal>0.9384885477</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citizens Financial Group Inc</name>
        <lei>2138004JDDA4ZQUPFW65</lei>
        <title>Citizens Financial Group Inc (pfd) 5.00% Series E</title>
        <cusip>174610402</cusip>
        <identifiers>
          <isin value="US1746104025"/>
          <ticker value="CFG"/>
          <other otherDesc="SEDOL" value="BK229B7"/>
        </identifiers>
        <balance>20738.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>443585.8200000000</valUSD>
        <pctVal>0.4929834996</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EIDP Inc</name>
        <lei>GLU7INWNWH88J9XBXD45</lei>
        <title>EIDP Inc (pfd) 4.50% Series B</title>
        <cusip>263534307</cusip>
        <identifiers>
          <isin value="US2635343070"/>
          <ticker value="CTVA"/>
          <other otherDesc="SEDOL" value="2287748"/>
        </identifiers>
        <balance>4028.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>293923.1600000000</valUSD>
        <pctVal>0.3266544184</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>F&amp;G Annuities &amp; Life Inc</name>
        <lei>N/A</lei>
        <title>F&amp;G Annuities &amp; Life Inc (pfd) 7.95%</title>
        <cusip>30190A203</cusip>
        <identifiers>
          <isin value="US30190A2033"/>
          <ticker value="FG"/>
          <other otherDesc="SEDOL" value="BNKG9F6"/>
        </identifiers>
        <balance>19331.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>534502.1500000000</valUSD>
        <pctVal>0.5940242644</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fifth Third Bancorp</name>
        <lei>THRNG6BD57P9QWTQLG42</lei>
        <title>Fifth Third Bancorp (pfd) 4.95% Series K</title>
        <cusip>316773860</cusip>
        <identifiers>
          <isin value="US3167738604"/>
          <ticker value="FITB"/>
          <other otherDesc="SEDOL" value="BKKBGL5"/>
        </identifiers>
        <balance>16511.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>392136.2500000000</valUSD>
        <pctVal>0.4358045098</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ford Motor Co</name>
        <lei>20S05OYHG0MQM4VUIC57</lei>
        <title>Ford Motor Co (pfd) 6.00%</title>
        <cusip>345370837</cusip>
        <identifiers>
          <isin value="US3453708378"/>
          <ticker value="F"/>
          <other otherDesc="SEDOL" value="BJP1KW2"/>
        </identifiers>
        <balance>28315.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>668517.1500000000</valUSD>
        <pctVal>0.7429631636</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ford Motor Co</name>
        <lei>20S05OYHG0MQM4VUIC57</lei>
        <title>Ford Motor Co (pfd) 6.20%</title>
        <cusip>345370845</cusip>
        <identifiers>
          <isin value="US3453708451"/>
          <ticker value="F"/>
          <other otherDesc="SEDOL" value="BJ029D4"/>
        </identifiers>
        <balance>18444.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>439520.5200000000</valUSD>
        <pctVal>0.4884654881</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Globe Life Inc</name>
        <lei>5493001JFHKQOPP6XA71</lei>
        <title>Globe Life Inc (pfd) 4.25%</title>
        <cusip>37959E300</cusip>
        <identifiers>
          <isin value="US37959E3009"/>
          <ticker value="GL"/>
          <other otherDesc="SEDOL" value="BKP8TS9"/>
        </identifiers>
        <balance>16748.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>290075.3600000000</valUSD>
        <pctVal>0.3223781277</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs Group Inc/The</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
        <title>Goldman Sachs Group Inc/The (pfd) 5.53% Series A</title>
        <cusip>38143Y665</cusip>
        <identifiers>
          <isin value="US38143Y6656"/>
          <ticker value="GS"/>
          <other otherDesc="SEDOL" value="B07GC93"/>
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        <balance>18395.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>445159.0000000000</valUSD>
        <pctVal>0.4947318688</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hewlett Packard Enterprise Co</name>
        <lei>549300BX44RGX6ANDV88</lei>
        <title>Hewlett Packard Enterprise Co (conv) 7.63% 09-01-2027</title>
        <cusip>42824C208</cusip>
        <identifiers>
          <isin value="US42824C2089"/>
          <ticker value="HPE"/>
          <other otherDesc="SEDOL" value="BRBVKF5"/>
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        <balance>28847.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1784475.4200000000</valUSD>
        <pctVal>1.9831944526</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Huntington Bancshares Inc/OH</name>
        <lei>549300XTVCVV9I7B5T19</lei>
        <title>Huntington Bancshares Inc/OH (pfd) 4.50% Series H</title>
        <cusip>446150823</cusip>
        <identifiers>
          <isin value="US4461508230"/>
          <ticker value="HBAN"/>
          <other otherDesc="SEDOL" value="BKPLQ32"/>
        </identifiers>
        <balance>22139.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>433260.2300000000</valUSD>
        <pctVal>0.4815080527</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan Chase &amp; Co</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMorgan Chase &amp; Co (pfd) 4.20% Series MM</title>
        <cusip>48128B523</cusip>
        <identifiers>
          <isin value="US48128B5232"/>
          <ticker value="JPM"/>
          <other otherDesc="SEDOL" value="BN75VC7"/>
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        <balance>36108.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>704467.0800000000</valUSD>
        <pctVal>0.7829164747</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan Chase &amp; Co</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMorgan Chase &amp; Co (pfd) 4.63% Series LL</title>
        <cusip>48128B549</cusip>
        <identifiers>
          <isin value="US48128B5497"/>
          <ticker value="JPM"/>
          <other otherDesc="SEDOL" value="BND7XB0"/>
        </identifiers>
        <balance>23837.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>508681.5800000000</valUSD>
        <pctVal>0.5653283179</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan Chase &amp; Co</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMorgan Chase &amp; Co (pfd) 4.55% Series JJ</title>
        <cusip>48128B580</cusip>
        <identifiers>
          <isin value="US48128B5802"/>
          <ticker value="JPM"/>
          <other otherDesc="SEDOL" value="BM8TGF9"/>
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        <balance>23802.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>495557.6400000000</valUSD>
        <pctVal>0.5507428971</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kimco Realty Corp</name>
        <lei>549300EA7I6T15IBYS12</lei>
        <title>Kimco Realty Corp (pfd) 5.25% Series M</title>
        <cusip>49446R711</cusip>
        <identifiers>
          <isin value="US49446R7118"/>
          <ticker value="KIM"/>
          <other otherDesc="SEDOL" value="BD0RST6"/>
        </identifiers>
        <balance>16731.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>377785.9800000000</valUSD>
        <pctVal>0.4198561949</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lincoln National Corp</name>
        <lei>EFQMQROEDSNBRIP7LE47</lei>
        <title>Lincoln National Corp (pfd) 9.00% Series D</title>
        <cusip>534187885</cusip>
        <identifiers>
          <isin value="US5341878859"/>
          <ticker value="LNC"/>
          <other otherDesc="SEDOL" value="BP398R1"/>
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        <balance>19973.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>565235.9000000000</valUSD>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MFA Financial Inc</name>
        <lei>YW72IMH2RRC8Z1TGLG58</lei>
        <title>MFA Financial Inc (pfd) 6.50% Series C</title>
        <cusip>55272X508</cusip>
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          <isin value="US55272X5086"/>
          <ticker value="MFA"/>
          <other otherDesc="SEDOL" value="BLHGG32"/>
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        <balance>12504.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>304222.3200000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Meiji Yasuda Life Insurance Co</name>
        <lei>549300SLU4LP6YMRLK07</lei>
        <title>Meiji Yasuda Life Insurance Co 5.10 04/26/2048</title>
        <cusip>585270AC5</cusip>
        <identifiers>
          <isin value="US585270AC58"/>
          <ticker value="MYLIFE"/>
          <other otherDesc="SEDOL" value="BD5JMR3"/>
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        <balance>197000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>196866.3600000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MetLife Capital Trust IV</name>
        <lei>N/A</lei>
        <title>MetLife Capital Trust IV 7.88 12/15/2067</title>
        <cusip>591560AA5</cusip>
        <identifiers>
          <isin value="US591560AA57"/>
          <ticker value="MET"/>
          <other otherDesc="SEDOL" value="B29W497"/>
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        <balance>180000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>198470.1600000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2067-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.875000000000000</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>MetLife Inc</name>
        <lei>C4BXATY60WC6XEOZDX54</lei>
        <title>MetLife Inc 6.40 12/15/2066</title>
        <cusip>59156RAP3</cusip>
        <identifiers>
          <isin value="US59156RAP38"/>
          <ticker value="MET"/>
          <other otherDesc="SEDOL" value="B1L8RP3"/>
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        <balance>191000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>198920.0100000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2066-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.400000000000000</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>MetLife Inc</name>
        <lei>C4BXATY60WC6XEOZDX54</lei>
        <title>MetLife Inc 9.25 04/08/2068</title>
        <cusip>59156RBS6</cusip>
        <identifiers>
          <isin value="US59156RBS67"/>
          <ticker value="MET"/>
          <other otherDesc="SEDOL" value="BDFBTL2"/>
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        <balance>166000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>196862.2200000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2068-04-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.250000000000000</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>
        <name>Mitsui Sumitomo Insurance Co Ltd</name>
        <lei>5493006KRZ0SJO41LZ83</lei>
        <title>Mitsui Sumitomo Insurance Co Ltd (pfd) 4.95% 09/06/2173 Perpetual</title>
        <cusip>606839AB4</cusip>
        <identifiers>
          <isin value="US606839AB40"/>
          <ticker value="MSINS"/>
          <other otherDesc="SEDOL" value="BJLZY93"/>
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        <balance>200000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>198497.9800000000</valUSD>
        <pctVal>0.2206026983</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley (pfd) 6.50% Series P</title>
        <cusip>61762V853</cusip>
        <identifiers>
          <isin value="US61762V8533"/>
          <ticker value="MS"/>
          <other otherDesc="SEDOL" value="BQH5ZL5"/>
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        <balance>15774.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>411543.6600000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley (pfd) 4.25% Series O</title>
        <cusip>61762V861</cusip>
        <identifiers>
          <isin value="US61762V8616"/>
          <ticker value="MS"/>
          <other otherDesc="SEDOL" value="BMF4W82"/>
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        <balance>48461.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>931905.0300000000</valUSD>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NextEra Energy Inc</name>
        <lei>N/A</lei>
        <title>NextEra Energy Inc (conv) 6.93% 09-01-2025</title>
        <cusip>65339F713</cusip>
        <identifiers>
          <isin value="US65339F7134"/>
          <ticker value="NEE"/>
          <other otherDesc="SEDOL" value="BQV3827"/>
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        <balance>75549.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3325289.2400000000</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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NextEra Energy Capital Holdings Inc</name>
        <lei>UMI46YPGBLUE4VGNNT48</lei>
        <title>NextEra Energy Capital Holdings Inc (pfd) 5.65% Series N</title>
        <cusip>65339K860</cusip>
        <identifiers>
          <isin value="US65339K8606"/>
          <ticker value="NEE"/>
          <other otherDesc="SEDOL" value="BH3JGK4"/>
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        <balance>15661.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>381658.5700000000</valUSD>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Nippon Life Insurance Co</name>
        <lei>549300Y0HHMFW3EVWY08</lei>
        <title>Nippon Life Insurance Co 3.40 01/23/2050</title>
        <cusip>654579AG6</cusip>
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          <ticker value="NIPLIF"/>
          <other otherDesc="SEDOL" value="BKX9V55"/>
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        <curCd>USD</curCd>
        <valUSD>429868.0600000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-01-23</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.400000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Brookfield Oaktree Holdings LLC</name>
        <lei>254900T1ODNFOK2L6090</lei>
        <title>Brookfield Oaktree Holdings LLC (pfd) 6.55% Series B</title>
        <cusip>674001409</cusip>
        <identifiers>
          <isin value="US6740014096"/>
          <ticker value="OAK"/>
          <other otherDesc="SEDOL" value="BG4SNK2"/>
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        <balance>27182.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>614041.3800000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PNC Financial Services Group Inc/The</name>
        <lei>CFGNEKW0P8842LEUIA51</lei>
        <title>PNC Financial Services Group Inc/The (pfd) 5.00% 05/01/2173 Perpetual</title>
        <cusip>693475AQ8</cusip>
        <identifiers>
          <isin value="US693475AQ81"/>
          <ticker value="PNC"/>
          <other otherDesc="SEDOL" value="BDZTV98"/>
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        <balance>436000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>432522.5900000000</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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          <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 (pfd) 6.00% 08/15/2173 Perpetual</title>
        <cusip>693475BD6</cusip>
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          <isin value="US693475BD69"/>
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          <other otherDesc="SEDOL" value="BMF2521"/>
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        <valUSD>197298.7000000000</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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          <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) 6.25% 06/15/2173 Perpetual</title>
        <cusip>693475BP9</cusip>
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          <isin value="US693475BP99"/>
          <ticker value="PNC"/>
          <other otherDesc="SEDOL" value="BN30MP6"/>
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        <balance>408000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>413677.6800000000</valUSD>
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        <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>
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      <invstOrSec>
        <name>PartnerRe Finance B LLC</name>
        <lei>549300O0FAGHK2F79881</lei>
        <title>PartnerRe Finance B LLC 4.50 10/01/2050</title>
        <cusip>70213BAC5</cusip>
        <identifiers>
          <isin value="US70213BAC54"/>
          <ticker value="PRE"/>
          <other otherDesc="SEDOL" value="BMY5736"/>
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        <balance>212000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>197715.0400000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.500000000000000</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>Public Storage/new</name>
        <lei>549300LMZF40TKJ6DM64</lei>
        <title>Public Storage (pfd) 4.00% Series P</title>
        <cusip>74460W461</cusip>
        <identifiers>
          <isin value="US74460W4612"/>
          <ticker value="PSA"/>
          <other otherDesc="SEDOL" value="BM91SN6"/>
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        <balance>33927.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>606275.4900000000</valUSD>
        <pctVal>0.6737902775</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Regions Financial Corp</name>
        <lei>CW05CS5KW59QTC0DG824</lei>
        <title>Regions Financial Corp (pfd) 6.95%</title>
        <cusip>7591EP860</cusip>
        <identifiers>
          <isin value="US7591EP8604"/>
          <ticker value="RF"/>
          <other otherDesc="SEDOL" value="BNM9HL5"/>
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        <balance>34692.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>915868.8000000000</valUSD>
        <pctVal>1.0178598725</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <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>
        <identifiers>
          <isin value="US8574927062"/>
          <ticker value="GVMXX"/>
          <other otherDesc="SEDOL" value="B284MN4"/>
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        <balance>2393899.3000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2393899.3000000000</valUSD>
        <pctVal>2.6604837245</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Charles Schwab Corp/The</name>
        <lei>549300VSGCJ7E698NM85</lei>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Transcanada Trust</name>
        <lei>549300Y0MFCAXLBWUV51</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Truist Financial Corp</name>
        <lei>549300DRQQI75D2JP341</lei>
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        <cusip>89832QAC3</cusip>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Vodafone Group PLC</name>
        <lei>213800TB53ELEUKM7Q61</lei>
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        <cusip>92857WBX7</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Wells Fargo &amp; Co</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
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        <cusip>949746TD3</cusip>
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          <ticker value="WFC"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Agree Realty Corp</name>
        <lei>N/A</lei>
        <title>Agree Realty Corp (pfd) 4.25% Series A</title>
        <cusip>008492209</cusip>
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          <isin value="US0084922097"/>
          <ticker value="ADC"/>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>American Financial Group Inc/OH</name>
        <lei>549300AFOM7IVKIU1G39</lei>
        <title>American Financial Group Inc/OH (pfd) 5.63%</title>
        <cusip>025932872</cusip>
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          <other otherDesc="SEDOL" value="BMWJ1L6"/>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>ACE Capital Trust II</name>
        <lei>N/A</lei>
        <title>ACE Capital Trust II 9.70 04/01/2030</title>
        <cusip>00440FAA2</cusip>
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          <isin value="US00440FAA21"/>
          <ticker value="CB"/>
          <other otherDesc="SEDOL" value="2582294"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Aegon Ltd</name>
        <lei>O4QK7KMMK83ITNTHUG69</lei>
        <title>Aegon Ltd 5.50 04/11/2048</title>
        <cusip>007924AJ2</cusip>
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          <ticker value="AEGON"/>
          <other otherDesc="SEDOL" value="BFBFTW3"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Allstate Corp/The</name>
        <lei>OBT0W1ED8G0NWVOLOJ77</lei>
        <title>Allstate Corp/The 6.50 05/15/2067</title>
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          <isin value="US020002AU59"/>
          <ticker value="ALL"/>
          <other otherDesc="SEDOL" value="B1XBFQ7"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>American Electric Power Co Inc</name>
        <lei>1B4S6S7G0TW5EE83BO58</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Athene Holding Ltd</name>
        <lei>549300H316CT32FQXI76</lei>
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        <cusip>04686JAJ0</cusip>
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          <ticker value="ATH"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Bank of America Corp</name>
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          <ticker value="BAC"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>Bank of America Corp</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>CMS Energy Corp</name>
        <lei>549300IA9XFBAGNIBW29</lei>
        <title>CMS Energy Corp 3.75 12/01/2050</title>
        <cusip>125896BV1</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CenterPoint Energy Inc</name>
        <lei>21TPXMRRHFKOBHDC8J74</lei>
        <title>CenterPoint Energy Inc 6.85 02/15/2055</title>
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          <ticker value="CNP"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Corebridge Financial Inc</name>
        <lei>549300XY1661QCIA7J65</lei>
        <title>Corebridge Financial Inc 6.88 12/15/2052</title>
        <cusip>21871XAP4</cusip>
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          <ticker value="CRBG"/>
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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>Variable</couponKind>
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          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>Duke Energy Corp</name>
        <lei>I1BZKREC126H0VB1BL91</lei>
        <title>Duke Energy Corp 3.25 01/15/2082</title>
        <cusip>26441CBP9</cusip>
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        <curCd>USD</curCd>
        <valUSD>210079.2700000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2082-01-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Enbridge Inc</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
        <title>Enbridge Inc 5.50 07/15/2077</title>
        <cusip>29250NAS4</cusip>
        <identifiers>
          <isin value="US29250NAS45"/>
          <ticker value="ENBCN"/>
          <other otherDesc="SEDOL" value="BF7GX73"/>
        </identifiers>
        <balance>325000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>315146.0700000000</valUSD>
        <pctVal>0.3502407098</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2077-07-15</maturityDt>
          <couponKind>Variable</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>Enbridge Inc</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
        <title>Enbridge Inc 6.25 03/01/2078</title>
        <cusip>29250NAW5</cusip>
        <identifiers>
          <isin value="US29250NAW56"/>
          <ticker value="ENBCN"/>
          <other otherDesc="SEDOL" value="BDVLN58"/>
        </identifiers>
        <balance>442000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>434563.9200000000</valUSD>
        <pctVal>0.4829569216</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2078-03-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.250000000000000</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>Enbridge Inc</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
        <title>Enbridge Inc 7.38 01/15/2083</title>
        <cusip>29250NBN4</cusip>
        <identifiers>
          <isin value="US29250NBN49"/>
          <ticker value="ENBCN"/>
          <other otherDesc="SEDOL" value="BMGCGM7"/>
        </identifiers>
        <balance>400000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>409074.8000000000</valUSD>
        <pctVal>0.4546293353</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2083-01-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.375000000000000</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>Energy Transfer LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>Energy Transfer LP (pfd) 6.25% 02/15/2173 Perpetual</title>
        <cusip>29273VAJ9</cusip>
        <identifiers>
          <isin value="US29273VAJ98"/>
          <ticker value="ET"/>
          <other otherDesc="SEDOL" value="BMHR7V7"/>
        </identifiers>
        <balance>452000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>447335.5000000000</valUSD>
        <pctVal>0.4971507436</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>Energy Transfer LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>Energy Transfer LP (pfd) 7.13% 05/15/2173 Perpetual</title>
        <cusip>29273VAM2</cusip>
        <identifiers>
          <isin value="US29273VAM28"/>
          <ticker value="ET"/>
          <other otherDesc="SEDOL" value="BMHR7W8"/>
        </identifiers>
        <balance>741000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>758171.9300000000</valUSD>
        <pctVal>0.8426018923</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>Enterprise Products Operating LLC</name>
        <lei>5493004LGN656HWLDA30</lei>
        <title>Enterprise Products Operating LLC 5.38 02/15/2078</title>
        <cusip>29379VBR3</cusip>
        <identifiers>
          <isin value="US29379VBR33"/>
          <ticker value="EPD"/>
          <other otherDesc="SEDOL" value="BYWF668"/>
        </identifiers>
        <balance>110000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>105993.5500000000</valUSD>
        <pctVal>0.1177969828</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2078-02-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.375000000000000</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>Public Storage/new</name>
        <lei>549300LMZF40TKJ6DM64</lei>
        <title>Public Storage (pfd) 3.90% Series O</title>
        <cusip>74460W487</cusip>
        <identifiers>
          <isin value="US74460W4877"/>
          <ticker value="PSA"/>
          <other otherDesc="SEDOL" value="BMW9C79"/>
        </identifiers>
        <balance>16106.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>285076.2000000000</valUSD>
        <pctVal>0.3168222616</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Public Storage/new</name>
        <lei>549300LMZF40TKJ6DM64</lei>
        <title>Public Storage (pfd) 3.88% Series N</title>
        <cusip>74460W511</cusip>
        <identifiers>
          <isin value="US74460W5114"/>
          <ticker value="PSA"/>
          <other otherDesc="SEDOL" value="BLFKCL6"/>
        </identifiers>
        <balance>19244.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>332921.2000000000</valUSD>
        <pctVal>0.3699952768</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Public Storage/new</name>
        <lei>549300LMZF40TKJ6DM64</lei>
        <title>Public Storage (pfd) 4.88% Series I</title>
        <cusip>74460W628</cusip>
        <identifiers>
          <isin value="US74460W6286"/>
          <ticker value="PSA"/>
          <other otherDesc="SEDOL" value="BK598B8"/>
        </identifiers>
        <balance>12121.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>267510.4700000000</valUSD>
        <pctVal>0.2973004134</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Public Storage/new</name>
        <lei>549300LMZF40TKJ6DM64</lei>
        <title>Public Storage (pfd) 5.60% Series H</title>
        <cusip>74460W644</cusip>
        <identifiers>
          <isin value="US74460W6443"/>
          <ticker value="PSA"/>
          <other otherDesc="SEDOL" value="BGMHQB3"/>
        </identifiers>
        <balance>15847.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>391579.3700000000</valUSD>
        <pctVal>0.4351856157</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SCE Trust IV</name>
        <lei>N/A</lei>
        <title>SCE Trust IV (pfd) 5.38% Series J</title>
        <cusip>78409G206</cusip>
        <identifiers>
          <isin value="US78409G2066"/>
          <ticker value="EIX"/>
          <other otherDesc="SEDOL" value="BYX6KN5"/>
        </identifiers>
        <balance>18502.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>459404.6600000000</valUSD>
        <pctVal>0.5105639243</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SCE Trust VI</name>
        <lei>N/A</lei>
        <title>SCE Trust VI (pfd) 5.00%</title>
        <cusip>78410V200</cusip>
        <identifiers>
          <isin value="US78410V2007"/>
          <ticker value="EIX"/>
          <other otherDesc="SEDOL" value="BDC3P68"/>
        </identifiers>
        <balance>8634.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>176737.9800000000</valUSD>
        <pctVal>0.1964195066</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tennessee Valley Authority</name>
        <lei>549300HE1ISW43LNKM54</lei>
        <title>Tennessee Valley Authority (pfd) 2.22% Series A</title>
        <cusip>880591409</cusip>
        <identifiers>
          <isin value="US8805914095"/>
          <ticker value="TVA"/>
          <other otherDesc="SEDOL" value="2520249"/>
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        <balance>67437.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1524076.2000000000</valUSD>
        <pctVal>1.6937971973</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Truist Financial Corp</name>
        <lei>549300DRQQI75D2JP341</lei>
        <title>Truist Financial Corp (pfd) 4.75% Series R</title>
        <cusip>89832Q695</cusip>
        <identifiers>
          <isin value="US89832Q6952"/>
          <ticker value="TFC"/>
          <other otherDesc="SEDOL" value="BLD4B13"/>
        </identifiers>
        <balance>34781.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>732140.0500000000</valUSD>
        <pctVal>0.8136711043</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Truist Financial Corp</name>
        <lei>549300DRQQI75D2JP341</lei>
        <title>Truist Financial Corp (pfd) 5.74% Series I</title>
        <cusip>89832Q810</cusip>
        <identifiers>
          <isin value="US89832Q8107"/>
          <ticker value="TFC"/>
          <other otherDesc="SEDOL" value="BKMF2F1"/>
        </identifiers>
        <balance>13628.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>329661.3200000000</valUSD>
        <pctVal>0.3663723768</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>United States Cellular Corp</name>
        <lei>N/A</lei>
        <title>United States Cellular Corp (pfd) 6.25%</title>
        <cusip>911684702</cusip>
        <identifiers>
          <isin value="US9116847024"/>
          <ticker value="USM"/>
          <other otherDesc="SEDOL" value="BMGR6C2"/>
        </identifiers>
        <balance>29159.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>683195.3700000000</valUSD>
        <pctVal>0.7592759489</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>United States Cellular Corp</name>
        <lei>N/A</lei>
        <title>United States Cellular Corp (pfd) 5.50%</title>
        <cusip>911684884</cusip>
        <identifiers>
          <isin value="US9116848840"/>
          <ticker value="USM"/>
          <other otherDesc="SEDOL" value="BNMBT60"/>
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        <balance>28519.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>649662.8200000000</valUSD>
        <pctVal>0.7220092169</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wells Fargo &amp; Co</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>Wells Fargo &amp; Co (conv) 7.5% 12/31/2049 Series L</title>
        <cusip>949746804</cusip>
        <identifiers>
          <isin value="US9497468044"/>
          <ticker value="WFC"/>
          <other otherDesc="SEDOL" value="B3KRSW9"/>
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        <balance>2250.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2755312.6300000000</valUSD>
        <pctVal>3.0621440125</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>Wells Fargo &amp; Co</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>Wells Fargo &amp; Co (pfd) 4.75% Series Z</title>
        <cusip>94988U151</cusip>
        <identifiers>
          <isin value="US94988U1512"/>
          <ticker value="WFC"/>
          <other otherDesc="SEDOL" value="BJVB6B7"/>
        </identifiers>
        <balance>33497.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>681328.9800000000</valUSD>
        <pctVal>0.7572017179</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WESCO International Inc</name>
        <lei>529900TXOGREY3WNJ434</lei>
        <title>WESCO International Inc (pfd) 10.63% Series A</title>
        <cusip>95082P303</cusip>
        <identifiers>
          <isin value="US95082P3038"/>
          <ticker value="WCC"/>
          <other otherDesc="SEDOL" value="BLFBXS3"/>
        </identifiers>
        <balance>45154.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1177164.7800000000</valUSD>
        <pctVal>1.3082537508</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Brookfield Infrastructure Partners LP</name>
        <lei>549300WEH5R2OODI7Y90</lei>
        <title>Brookfield Infrastructure Partners LP (pfd) 5.13% Series 13</title>
        <cusip>G16252267</cusip>
        <identifiers>
          <isin value="USG162522670"/>
          <ticker value="BIP"/>
          <other otherDesc="SEDOL" value="BL55WZ5"/>
        </identifiers>
        <balance>22884.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>439830.4800000000</valUSD>
        <pctVal>0.4888099652</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2025-01-24</ncom:dateSigned>
      <ncom:nameOfApplicant>American Century ETF Trust</ncom:nameOfApplicant>
      <ncom:signature>Amy R. Bitter</ncom:signature>
      <ncom:signerName>Amy R. Bitter</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
