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      <invstOrSec>
        <name>MORGAN STANLEY BANK,N.A.</name>
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      <invstOrSec>
        <name>GOLDMAN SACHS + CO LLC</name>
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        <identifiers>
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        <units>NC</units>
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        <assetCat>DFE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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      <invstOrSec>
        <name>Brand Industrial Services Inc</name>
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          <other otherDesc="SEDOL" value="BS3BCF4"/>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CCO Holdings LLC / CCO Holdings Capital Corp</name>
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          <ticker value="CHTR"/>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Carnival Corp Ltd</name>
        <lei>F1OF2ZSX47CR0BCWA982</lei>
        <title>Carnival Corp Ltd 6.13 02/15/2033</title>
        <cusip>143658BX9</cusip>
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          <ticker value="CCL"/>
          <other otherDesc="SEDOL" value="BV0YZ47"/>
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        <valUSD>909728.2600000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Meta Platforms Inc</name>
        <lei>BQ4BKCS1HXDV9HN80Z93</lei>
        <title>Meta Platforms Inc 5.25 05/15/2036</title>
        <cusip>30303MAH5</cusip>
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          <ticker value="META"/>
          <other otherDesc="SEDOL" value="BS6YV64"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>HPS Corporate Lending Fund</name>
        <lei>549300ZS7IHUA6FKFV61</lei>
        <title>HPS Corporate Lending Fund 6.25 09/30/2029</title>
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          <ticker value="HLEND"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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      <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"/>
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        <balance>1632450.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Capital One Financial Corp</name>
        <lei>ZUE8T73ROZOF6FLBAR73</lei>
        <title>Capital One Financial Corp (pfd) 5.50% 10/30/2174 Perpetual</title>
        <cusip>14040HDK8</cusip>
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          <isin value="US14040HDK86"/>
          <ticker value="COF"/>
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        <units>NS</units>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Celanese US Holdings LLC</name>
        <lei>CD30XVRLT4QO00B1C706</lei>
        <title>Celanese US Holdings LLC 7.00 02/15/2031</title>
        <cusip>15089QBC7</cusip>
        <identifiers>
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          <ticker value="CE"/>
          <other otherDesc="SEDOL" value="BWH3YK3"/>
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        <balance>845000.0000000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Centersquare Issuer LLC</name>
        <lei>N/A</lei>
        <title>Centersquare Issuer LLC 5.00</title>
        <cusip>15201EAK0</cusip>
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          <isin value="US15201EAK01"/>
          <ticker value="CNSQ"/>
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        <balance>754706.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>718613.7700000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Charter Communications Operati</name>
        <lei>549300TPZNMN50BJ3745</lei>
        <title>CHARTER COMMUNIC OPERATING LLC 2023 TERM LOAN B4</title>
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          <isin value="US16117LCB36"/>
          <ticker value="CHTR"/>
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        <balance>99744.2500000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>98845.5500000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-09</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.652100000000000</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>Chase Home Lending Mortgage Tr</name>
        <lei>N/A</lei>
        <title>Chase Home Lending Mortgage Trust Series 2024-7 6.00</title>
        <cusip>16159TAD3</cusip>
        <identifiers>
          <isin value="US16159TAD37"/>
          <ticker value="CHASE"/>
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        <balance>293338.8900000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>292745.6400000000</valUSD>
        <pctVal>0.0000000000</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-06-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chase Home Lending Mortgage Trust Series 2024-6</name>
        <lei>N/A</lei>
        <title>Chase Home Lending Mortgage Trust Series 2024-6 6.00</title>
        <cusip>161931AK6</cusip>
        <identifiers>
          <isin value="US161931AK67"/>
          <ticker value="CHASE"/>
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        <balance>180475.9800000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>179504.4800000000</valUSD>
        <pctVal>0.0683438654</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cheniere Energy Inc</name>
        <lei>MIHC87W9WTYSYZWV1J40</lei>
        <title>Cheniere Energy Inc 5.20 07/30/2036</title>
        <cusip>16411RAP4</cusip>
        <identifiers>
          <isin value="US16411RAP47"/>
          <ticker value="LNG"/>
          <other otherDesc="SEDOL" value="BW47T47"/>
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        <balance>20000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>19290.0500000000</valUSD>
        <pctVal>0.0073444216</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.200000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cherry Securitization Trust 2025-1</name>
        <lei>N/A</lei>
        <title>Cherry Securitization Trust 2025-1 6.53</title>
        <cusip>16473RAB0</cusip>
        <identifiers>
          <isin value="US16473RAB06"/>
          <ticker value="CHRY"/>
        </identifiers>
        <balance>800000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>805514.4000000000</valUSD>
        <pctVal>0.3066885448</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.530000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citadel Finance LLC</name>
        <lei>549300BQL283NCR7P163</lei>
        <title>Citadel Finance LLC 5.90 02/10/2030</title>
        <cusip>17287HAD2</cusip>
        <identifiers>
          <isin value="US17287HAD26"/>
          <ticker value="CITADL"/>
          <other otherDesc="SEDOL" value="BTRFVJ6"/>
        </identifiers>
        <balance>718000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>721126.2700000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.900000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citigroup Commercial Mortgage Trust 2026-MFAM1</name>
        <lei>N/A</lei>
        <title>Citigroup Commercial Mortgage Trust 2026-MFAM1 6.09</title>
        <cusip>17292PAF2</cusip>
        <identifiers>
          <isin value="US17292PAF27"/>
          <ticker value="CGCMT"/>
        </identifiers>
        <balance>867000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>849112.0600000000</valUSD>
        <pctVal>0.3232877550</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-07-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.086663000000000</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>Citigroup Inc</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup Inc (pfd) 7.63% 02/15/2175 Perpetual</title>
        <cusip>172967PE5</cusip>
        <identifiers>
          <isin value="US172967PE54"/>
          <ticker value="C"/>
          <other otherDesc="SEDOL" value="BR55Z58"/>
        </identifiers>
        <balance>1115000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1167198.7300000000</valUSD>
        <pctVal>0.0000000000</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>Citigroup Commercial Mortgage Trust 2020-555</name>
        <lei>N/A</lei>
        <title>Citigroup Commercial Mortgage Trust 2020-555 3.62</title>
        <cusip>17328EAJ7</cusip>
        <identifiers>
          <isin value="US17328EAJ73"/>
          <ticker value="CGCMT"/>
        </identifiers>
        <balance>741000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>657085.2300000000</valUSD>
        <pctVal>0.2501761768</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.619767000000000</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>Cleveland-Cliffs Inc</name>
        <lei>549300TM2WLI2BJMDD86</lei>
        <title>Cleveland-Cliffs Inc 7.38 05/01/2033</title>
        <cusip>185899AR2</cusip>
        <identifiers>
          <isin value="US185899AR28"/>
          <ticker value="CLF"/>
          <other otherDesc="SEDOL" value="BS0D1J0"/>
        </identifiers>
        <balance>579000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>590883.4000000000</valUSD>
        <pctVal>0.2249707393</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-01</maturityDt>
          <couponKind>Fixed</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>University of California College of the Law San Francisco</name>
        <lei>N/A</lei>
        <title>University of California College of the Law San Francisco 5.99% 08/01/2050</title>
        <cusip>194248AR1</cusip>
        <identifiers>
          <isin value="US194248AR10"/>
          <ticker value="HASHGR"/>
        </identifiers>
        <balance>35000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>34525.2600000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.993000000000000</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>University of California College of the Law San Francisco</name>
        <lei>N/A</lei>
        <title>University of California College of the Law San Francisco 6.09% 08/01/2055</title>
        <cusip>194248AS9</cusip>
        <identifiers>
          <isin value="US194248AS92"/>
          <ticker value="HASHGR"/>
        </identifiers>
        <balance>40000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>39669.8200000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.093000000000000</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>COLT 2026-5 Mortgage Loan Trust</name>
        <lei>213800MONQ6SOXXV7351</lei>
        <title>COLT 2026-5 Mortgage Loan Trust 5.84</title>
        <cusip>19689HAK6</cusip>
        <identifiers>
          <isin value="US19689HAK68"/>
          <ticker value="COLT"/>
        </identifiers>
        <balance>600000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>592080.9600000000</valUSD>
        <pctVal>0.2254266938</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2071-07-27</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.838000000000000</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>Columbia Pipelines Operating Co LLC</name>
        <lei>N/A</lei>
        <title>Columbia Pipelines Operating Co LLC 5.51 05/15/2036</title>
        <cusip>19828BAA3</cusip>
        <identifiers>
          <isin value="US19828BAA35"/>
          <ticker value="CPGX"/>
          <other otherDesc="SEDOL" value="BTRTX58"/>
        </identifiers>
        <balance>363000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>357107.4500000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.507000000000001</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>Goldman Sachs Group Inc/The</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
        <title>Goldman Sachs Group Inc/The (pfd) 6.50% 02/10/2175 Perpetual</title>
        <cusip>38141GF66</cusip>
        <identifiers>
          <isin value="US38141GF665"/>
          <ticker value="GS"/>
          <other otherDesc="SEDOL" value="C04JZ51"/>
        </identifiers>
        <balance>490000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>487909.9500000000</valUSD>
        <pctVal>0.1857650124</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>Goldman Sachs Group Inc/The</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
        <title>Goldman Sachs Group Inc/The 5.07 01/21/2037</title>
        <cusip>38145GAS9</cusip>
        <identifiers>
          <isin value="US38145GAS93"/>
          <ticker value="GS"/>
          <other otherDesc="SEDOL" value="BX567J1"/>
        </identifiers>
        <balance>415000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>394202.7800000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-21</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.065000000000000</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>Goldman Sachs BDC Inc</name>
        <lei>6D01AGSGBNZIJSN77043</lei>
        <title>Goldman Sachs BDC Inc 5.10 01/28/2029</title>
        <cusip>38147UAG2</cusip>
        <identifiers>
          <isin value="US38147UAG22"/>
          <ticker value="GSBD"/>
          <other otherDesc="SEDOL" value="BWXJG43"/>
        </identifiers>
        <balance>218000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>213733.6600000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.100000000000001</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>Goldman Sachs Private Credit Corp</name>
        <lei>549300TD27G6372IYJ65</lei>
        <title>Goldman Sachs Private Credit Corp 5.05 02/23/2028</title>
        <cusip>38152BAK7</cusip>
        <identifiers>
          <isin value="US38152BAK70"/>
          <ticker value="GSCRED"/>
          <other otherDesc="SEDOL" value="BTHZJR0"/>
        </identifiers>
        <balance>375000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>373321.8500000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.050000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
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        <name>Golub Capital BDC Inc</name>
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      <invstOrSec>
        <name>Freddie Mac Pool</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac Pool</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac Strips</name>
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        <curCd>USD</curCd>
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        <issuerCat>USGA</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae Interest Strip</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Interest Strip 2.00</title>
        <cusip>31424UGV2</cusip>
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          <isin value="US31424UGV26"/>
          <ticker value="FNS"/>
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        <issuerCat>USGA</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Golub Capital BDC Inc</name>
        <lei>2549005WE0QLGK9APF78</lei>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Golub Capital Private Credit Fund</name>
        <lei>254900B5KBW6OY1F9951</lei>
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        <cusip>38179RAF2</cusip>
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          <isin value="US38179RAF29"/>
          <ticker value="GCRED"/>
          <other otherDesc="SEDOL" value="BVWST90"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GoodLeap Sustainable Home Solutions Trust 2021-4</name>
        <lei>N/A</lei>
        <title>GoodLeap Sustainable Home Solutions Trust 2021-4 1.93</title>
        <cusip>38237GAA7</cusip>
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          <isin value="US38237GAA76"/>
          <ticker value="GOOD"/>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-07-20</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Goodyear Tire &amp; Rubber Co/The</name>
        <lei>5493002BI0S2ZQUY3437</lei>
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        <cusip>382550BT7</cusip>
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          <ticker value="GT"/>
          <other otherDesc="SEDOL" value="BV4HGL6"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Gray Media Inc</name>
        <lei>529900TM5726KDN7UU35</lei>
        <title>Gray Media Inc 7.25 08/15/2033</title>
        <cusip>389375AP1</cusip>
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          <ticker value="GTN"/>
          <other otherDesc="SEDOL" value="BRT81Q6"/>
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        <valUSD>535228.7100000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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        <name>Greenko Wind Projects Mauritius Ltd</name>
        <lei>254900MSUXE1FF83DP82</lei>
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          <ticker value="GRNKEN"/>
          <other otherDesc="SEDOL" value="BTZNQ64"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-09-27</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Grupo Energia Bogota SA ESP</name>
        <lei>529900LG618OWYVHI655</lei>
        <title>Grupo Energia Bogota SA ESP 5.75 10/22/2035</title>
        <cusip>40053XAC3</cusip>
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          <ticker value="GEBCB"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <name>HCA Inc</name>
        <lei>L3CJ6J7LJ2DX62FTXD46</lei>
        <title>HCA Inc 5.30 05/15/2036</title>
        <cusip>404119DL0</cusip>
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          <ticker value="HCA"/>
          <other otherDesc="SEDOL" value="BVH9P45"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HBOS PLC</name>
        <lei>213800RS21X7UUH5QU25</lei>
        <title>HBOS PLC 6.00 11/01/2033</title>
        <cusip>4041A2AF1</cusip>
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          <ticker value="LLOYDS"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HSBC Holdings PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
        <title>HSBC Holdings PLC 6.50 09/15/2037</title>
        <cusip>404280AH2</cusip>
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          <isin value="US404280AH22"/>
          <ticker value="HSBC"/>
          <other otherDesc="SEDOL" value="BFN0JF9"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.500000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HSBC Holdings PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
        <title>HSBC Holdings PLC (pfd) 6.50% 09/23/2174 Perpetual</title>
        <cusip>404280BP3</cusip>
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          <isin value="US404280BP39"/>
          <ticker value="HSBC"/>
          <other otherDesc="SEDOL" value="BFMXK12"/>
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        <valUSD>451607.5600000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HSBC Holdings PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
        <title>HSBC Holdings PLC (pfd) 6.88% 03/11/2175 Perpetual</title>
        <cusip>404280EH8</cusip>
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          <ticker value="HSBC"/>
          <other otherDesc="SEDOL" value="BQXRZP9"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</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>HPS Corporate Lending Fund</name>
        <lei>549300ZS7IHUA6FKFV61</lei>
        <title>HPS Corporate Lending Fund 4.90 09/11/2028</title>
        <cusip>40440VBB0</cusip>
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          <isin value="US40440VBB09"/>
          <ticker value="HLEND"/>
          <other otherDesc="SEDOL" value="BWXJHP1"/>
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        <balance>300000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>295081.3700000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.900000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Hawaiian Electric Co Inc</name>
        <lei>549300PQE8D806LWQV52</lei>
        <title>Hawaiian Electric Co Inc 6.00 10/01/2033</title>
        <cusip>419866AV0</cusip>
        <identifiers>
          <isin value="US419866AV08"/>
          <ticker value="HE"/>
          <other otherDesc="SEDOL" value="BPCT8C7"/>
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        <balance>513000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>506393.6400000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Herc Holdings Inc</name>
        <lei>549300TP80QLITMSBP82</lei>
        <title>Herc Holdings Inc 7.25 06/15/2033</title>
        <cusip>42704LAG9</cusip>
        <identifiers>
          <isin value="US42704LAG95"/>
          <ticker value="HRI"/>
          <other otherDesc="SEDOL" value="BV5GRT7"/>
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        <balance>940000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>972914.1200000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Hilton Grand Vacations Trust 2024-2</name>
        <lei>N/A</lei>
        <title>Hilton Grand Vacations Trust 2024-2 6.91</title>
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          <isin value="US43283JAD81"/>
          <ticker value="HGVT"/>
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        <balance>153912.1200000000</balance>
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        <curCd>USD</curCd>
        <valUSD>156129.2200000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-03-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.910000000000000</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>Hilton Grand Vacations Trust 2024-1B</name>
        <lei>N/A</lei>
        <title>Hilton Grand Vacations Trust 2024-1B 5.99</title>
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        <identifiers>
          <isin value="US43283YAB92"/>
          <ticker value="HGVT"/>
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        <balance>419980.9300000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>424230.7200000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.990000000000000</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>Humana Inc</name>
        <lei>529900YLDW34GJAO4J06</lei>
        <title>Humana Inc 6.63 09/15/2056</title>
        <cusip>444859CE0</cusip>
        <identifiers>
          <isin value="US444859CE04"/>
          <ticker value="HUM"/>
          <other otherDesc="SEDOL" value="BW47PK5"/>
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        <balance>464000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>460272.9200000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-09-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.625000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Liberty Mutual Group Inc</name>
        <lei>QUR0DG15Z6FFGYCHH861</lei>
        <title>Liberty Mutual Group Inc 4.13 12/15/2051</title>
        <cusip>53079EBM5</cusip>
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          <isin value="US53079EBM57"/>
          <ticker value="LIBMUT"/>
          <other otherDesc="SEDOL" value="BLNL7Z0"/>
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        <balance>838000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>837923.6700000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-12-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.125000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Lloyds Banking Group PLC</name>
        <lei>549300PPXHEU2JF0AM85</lei>
        <title>Lloyds Banking Group PLC</title>
        <cusip>53944YAV5</cusip>
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          <isin value="US53944YAV56"/>
          <ticker value="LLOYDS"/>
          <other otherDesc="SEDOL" value="BNHN7R8"/>
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        <balance>818000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>868578.5800000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Luxury Lease Partners Auto Lease Trust 2025-A</name>
        <lei>N/A</lei>
        <title>Luxury Lease Partners Auto Lease Trust 2025-A 5.51</title>
        <cusip>55069BAA5</cusip>
        <identifiers>
          <isin value="US55069BAA52"/>
          <ticker value="LLP"/>
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        <balance>238590.3800000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>237495.6600000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>M+T BANK RV TRUST MTBRV 2026 1A A 144A</name>
        <lei>N/A</lei>
        <title>M+T BANK RV TRUST MTBRV 2026 1A A 144A</title>
        <cusip>551923AA3</cusip>
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          <isin value="US551923AA38"/>
          <ticker value="MTBRV"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Hydro One Inc</name>
        <lei>549300X54QEYZVDC8R04</lei>
        <title>Hydro One Inc 4.75 05/30/2031</title>
        <cusip>448810AD3</cusip>
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          <ticker value="HYDONE"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Icon Investments Six DAC</name>
        <lei>635400FQ1M7J2CHLAS59</lei>
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          <isin value="US45115AAF12"/>
          <ticker value="ICLR"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Intel Corp</name>
        <lei>KNX4USFCNGPY45LOCE31</lei>
        <title>Intel Corp 5.30 05/15/2036</title>
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          <isin value="US458140CS72"/>
          <ticker value="INTC"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Intercontinental Exchange Inc</name>
        <lei>5493000F4ZO33MV32P92</lei>
        <title>Intercontinental Exchange Inc 5.15 09/01/2033</title>
        <cusip>45865VAF7</cusip>
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          <isin value="US45865VAF76"/>
          <ticker value="ICE"/>
          <other otherDesc="SEDOL" value="BW0SR06"/>
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        <valUSD>630383.3400000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Iron Mountain Inc</name>
        <lei>SQL3F6CKNNBM3SQGHX24</lei>
        <title>Iron Mountain Inc 6.25 01/15/2035</title>
        <cusip>46284VAR2</cusip>
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          <isin value="US46284VAR24"/>
          <ticker value="IRM"/>
          <other otherDesc="SEDOL" value="BWMT9W3"/>
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        <balance>385000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>381212.7600000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JP Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>JP Morgan Mortgage Trust 6.16</title>
        <cusip>46593VAH0</cusip>
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          <isin value="US46593VAH06"/>
          <ticker value="JPMMT"/>
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        <balance>373326.6800000000</balance>
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        <curCd>USD</curCd>
        <valUSD>370118.8700000000</valUSD>
        <pctVal>0.1409176765</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-11-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.157000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>J.P. Morgan Mortgage Trust 2026-NQM4</name>
        <lei>529900ZVNDPWY3KEOV81</lei>
        <title>J.P. Morgan Mortgage Trust 2026-NQM4 6.44</title>
        <cusip>46594YAH3</cusip>
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          <isin value="US46594YAH36"/>
          <ticker value="JPMMT"/>
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        <balance>937000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>934548.6200000000</valUSD>
        <pctVal>0.3558165518</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2066-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.439000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>J.P. Morgan Mortgage Trust 2023-6</name>
        <lei>N/A</lei>
        <title>J.P. Morgan Mortgage Trust 2023-6 6.00</title>
        <cusip>465989AC5</cusip>
        <identifiers>
          <isin value="US465989AC55"/>
          <ticker value="JPMMT"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>263467.5900000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-12-26</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>J.P. Morgan Mortgage Trust 2023-8</name>
        <lei>N/A</lei>
        <title>J.P. Morgan Mortgage Trust 2023-8 6.00</title>
        <cusip>46657CAD4</cusip>
        <identifiers>
          <isin value="US46657CAD48"/>
          <ticker value="JPMMT"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>472288.4600000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.000000000000000</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JP Morgan Mortgage Trust 2023-7</name>
        <lei>N/A</lei>
        <title>JP Morgan Mortgage Trust 2023-7 5.50</title>
        <cusip>46657DAE0</cusip>
        <identifiers>
          <isin value="US46657DAE04"/>
          <ticker value="JPMMT"/>
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        <balance>562367.7800000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>561805.4100000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.500000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>J.P. Morgan Mortgage Trust 2024-1</name>
        <lei>N/A</lei>
        <title>J.P. Morgan Mortgage Trust 2024-1 6.00</title>
        <cusip>46657PAD5</cusip>
        <identifiers>
          <isin value="US46657PAD50"/>
          <ticker value="JPMMT"/>
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        <curCd>USD</curCd>
        <valUSD>161897.6100000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-06-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.000000000000000</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>J.P. Morgan Mortgage Trust 2024-10</name>
        <lei>N/A</lei>
        <title>J.P. Morgan Mortgage Trust 2024-10 5.50</title>
        <cusip>46658LAD3</cusip>
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          <isin value="US46658LAD38"/>
          <ticker value="JPMMT"/>
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        <curCd>USD</curCd>
        <valUSD>176331.6300000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-03-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.500000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>J.P. Morgan Mortgage Trust 2024-10</name>
        <lei>N/A</lei>
        <title>J.P. Morgan Mortgage Trust 2024-10 5.50</title>
        <cusip>46658LAK7</cusip>
        <identifiers>
          <isin value="US46658LAK70"/>
          <ticker value="JPMMT"/>
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        <balance>82797.0800000000</balance>
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        <curCd>USD</curCd>
        <valUSD>82666.5400000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-03-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.500000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JP Morgan Mortgage Trust Series 2025-CES7</name>
        <lei>N/A</lei>
        <title>JP Morgan Mortgage Trust Series 2025-CES7 5.06</title>
        <cusip>46660GAA6</cusip>
        <identifiers>
          <isin value="US46660GAA67"/>
          <ticker value="JPMMT"/>
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        <balance>776969.0200000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>768714.8900000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-04-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.055000000000001</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JP Morgan Mortgage Trust Series 2025-CES7</name>
        <lei>N/A</lei>
        <title>JP Morgan Mortgage Trust Series 2025-CES7 5.21</title>
        <cusip>46660GAB4</cusip>
        <identifiers>
          <isin value="US46660GAB41"/>
          <ticker value="JPMMT"/>
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        <balance>986960.6400000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>977910.9000000000</valUSD>
        <pctVal>0.3723261444</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-04-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.207000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JP Morgan Mortgage Trust Series 2025-11</name>
        <lei>N/A</lei>
        <title>JP Morgan Mortgage Trust Series 2025-11 5.50</title>
        <cusip>46662QAQ7</cusip>
        <identifiers>
          <isin value="US46662QAQ73"/>
          <ticker value="JPMMT"/>
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        <balance>524957.8400000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>521731.4500000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.500000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JP Morgan Mortgage Trust 2026-NQM2</name>
        <lei>529900RSI65K84EMSY59</lei>
        <title>JP Morgan Mortgage Trust 2026-NQM2 5.61</title>
        <cusip>46664AAF4</cusip>
        <identifiers>
          <isin value="US46664AAF49"/>
          <ticker value="JPMMT"/>
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        <balance>1014091.7400000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1008100.1800000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2066-09-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.610000000000000</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>JP Morgan Mortgage Trust 2026-ACES1</name>
        <lei>529900YPO46YLJDFF157</lei>
        <title>JP Morgan Mortgage Trust 2026-ACES1 5.16</title>
        <cusip>46664MAH4</cusip>
        <identifiers>
          <isin value="US46664MAH43"/>
          <ticker value="JPMMT"/>
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        <curCd>USD</curCd>
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        <pctVal>0.3205418965</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2066-04-25</maturityDt>
          <couponKind>Variable</couponKind>
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          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JPMorgan Chase &amp; Co</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMorgan Chase &amp; Co 5.80 07/23/2041</title>
        <cusip>48128BAT8</cusip>
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          <ticker value="JPM"/>
          <other otherDesc="SEDOL" value="BX2GQQ4"/>
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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>
          <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>KeyCorp</name>
        <lei>RKPI3RZGV1V1FJTH5T61</lei>
        <title>KeyCorp (pfd) 5.00% 12/15/2174 Perpetual</title>
        <cusip>493267AK4</cusip>
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          <ticker value="KEY"/>
          <other otherDesc="SEDOL" value="BD8F8M5"/>
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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>
      <invstOrSec>
        <name>Kilroy Realty LP</name>
        <lei>5493008CT3N3JR7P1552</lei>
        <title>Kilroy Realty LP 3.05 02/15/2030</title>
        <cusip>49427RAP7</cusip>
        <identifiers>
          <isin value="US49427RAP73"/>
          <ticker value="KRC"/>
          <other otherDesc="SEDOL" value="BKLMSM2"/>
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        <balance>470000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>432168.9900000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.050000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Kilroy Realty LP</name>
        <lei>5493008CT3N3JR7P1552</lei>
        <title>Kilroy Realty LP 5.88 10/15/2035</title>
        <cusip>49427RAT9</cusip>
        <identifiers>
          <isin value="US49427RAT95"/>
          <ticker value="KRC"/>
          <other otherDesc="SEDOL" value="BVD9055"/>
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        <balance>745000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>720223.0200000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.875000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Kioxia Holdings Corp</name>
        <lei>35380080RTKRARNH4R73</lei>
        <title>Kioxia Holdings Corp 6.25 07/24/2030</title>
        <cusip>49726JAA6</cusip>
        <identifiers>
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          <ticker value="KIOXIA"/>
          <other otherDesc="SEDOL" value="BSNMDB0"/>
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        <balance>200000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>204565.2000000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-24</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kobalt Music Assets LP</name>
        <lei>N/A</lei>
        <title>Kobalt Music Assets LP 6.63</title>
        <cusip>499876AA8</cusip>
        <identifiers>
          <isin value="US499876AA86"/>
          <ticker value="BEATS"/>
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        <balance>308155.7300000000</balance>
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        <name>Rocket Cos Inc</name>
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        <name>QXO Building Products Inc</name>
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        <name>Royal Caribbean Cruises Ltd</name>
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        <name>State Street Institutional US Government Money Market Fund</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SEB Funding LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SS&amp;C Technologies Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Scalelogix Abs Us Issuer LLC</name>
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        <name>Charles Schwab Corp/The</name>
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        <name>Seagate Data Storage Technology Pte Ltd</name>
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        <name>Sequoia Mortgage Trust 2023-5</name>
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          <ticker value="SEMT"/>
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        <name>Sequoia Mortgage Trust 2025-6</name>
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        <name>Sequoia Mortgage Trust 2026-INV3</name>
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        <title>Sequoia Mortgage Trust 2026-INV3 5.24</title>
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        <name>ServiceNow Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>ServiceNow Inc</name>
        <lei>549300HJTQM36M0E1G39</lei>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Skyworks Solutions Inc</name>
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        <name>Societe Generale SA</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Societe Generale SA</name>
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        <name>South Bow Canadian Infrastructure Holdings Ltd</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Expand Energy Corp</name>
        <lei>X2MT1W32SPAZ9WSKLE78</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Stack Infrastructure Issuer LLC</name>
        <lei>254900AV7V87H3A2WM57</lei>
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        <name>Standard Building Solutions Inc</name>
        <lei>54930064UHXCIUWVI755</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Standard Chartered PLC</name>
        <lei>U4LOSYZ7YG4W3S5F2G91</lei>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Standard Industries Inc/NY</name>
        <lei>54930064UHXCIUWVI755</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Stellantis Financial Services US Corp</name>
        <lei>5493000KNKFDOC1BOW59</lei>
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        <name>Subway Funding LLC</name>
        <lei>N/A</lei>
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        <name>Sunbelt Rentals Holdings Inc</name>
        <lei>529900W4BQDNMAOSRA49</lei>
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        <issuerCat>CORP</issuerCat>
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        <name>Sunoco LP</name>
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        <name>THPT 2023-THL Mortgage Trust</name>
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        <name>Toronto-Dominion Bank/The</name>
        <lei>PT3QB789TSUIDF371261</lei>
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          <ticker value="TD"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Toronto-Dominion Bank/The</name>
        <lei>PT3QB789TSUIDF371261</lei>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Towd Point Mortgage Trust 2026-CES2</name>
        <lei>N/A</lei>
        <title>Towd Point Mortgage Trust 2026-CES2 4.92</title>
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          <isin value="US89190MAB00"/>
          <ticker value="TPMT"/>
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        <curCd>USD</curCd>
        <valUSD>499168.9300000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2066-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.922000000000001</annualizedRt>
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      <invstOrSec>
        <name>Towd Point Mortgage Trust 2026-CES3</name>
        <lei>254900G6DKE25XILFE68</lei>
        <title>Towd Point Mortgage Trust 2026-CES3 6.11</title>
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          <isin value="US891962AD45"/>
          <ticker value="TPMT"/>
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        <balance>300000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>297894.9300000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2066-06-20</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Transcanada Trust</name>
        <lei>549300Y0MFCAXLBWUV51</lei>
        <title>Transcanada Trust 5.30 03/15/2077</title>
        <cusip>89356BAC2</cusip>
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          <isin value="US89356BAC28"/>
          <ticker value="TRPCN"/>
          <other otherDesc="SEDOL" value="BDZV3W1"/>
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        <curCd>USD</curCd>
        <valUSD>199159.2400000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2077-03-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.300000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TransDigm Inc</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TRANSDIGM INC 2025 TERM LOAN K</title>
        <cusip>89364MCF9</cusip>
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          <isin value="US89364MCF95"/>
          <ticker value="TDG"/>
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        <balance>1083271.3600000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1086954.4800000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-22</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Triangle Re 2023-1 Ltd</name>
        <lei>N/A</lei>
        <title>Triangle Re 2023-1 Ltd 7.04</title>
        <cusip>89589AAA7</cusip>
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          <isin value="US89589AAA79"/>
          <ticker value="TMIR"/>
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        <balance>23820.2300000000</balance>
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        <curCd>USD</curCd>
        <valUSD>23874.2400000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.043190000000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Trinidad &amp; Tobago Government International Bond</name>
        <lei>N/A</lei>
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        <cusip>896292AP4</cusip>
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          <isin value="US896292AP41"/>
          <ticker value="TRITOB"/>
          <other otherDesc="SEDOL" value="C04JX91"/>
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        <curCd>USD</curCd>
        <valUSD>573620.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.200000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Trust 2401</name>
        <lei>N/A</lei>
        <title>Trust 2401 7.70 01/23/2032</title>
        <cusip>89834MAB2</cusip>
        <identifiers>
          <isin value="US89834MAB28"/>
          <ticker value="NEXTPR"/>
          <other otherDesc="SEDOL" value="BQ7XX15"/>
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        <balance>295000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>313683.8300000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.700000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>UBS Group AG</name>
        <lei>549300SZJ9VS8SGXAN81</lei>
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        <cusip>902613BF4</cusip>
        <identifiers>
          <isin value="US902613BF40"/>
          <ticker value="UBS"/>
          <other otherDesc="SEDOL" value="BMGC4M3"/>
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        <balance>1175000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1257568.4300000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>USQ Rail I LLC</name>
        <lei>25490077I8NB6ADB4I38</lei>
        <title>USQ Rail I LLC 2.25</title>
        <cusip>90352WAD6</cusip>
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          <isin value="US90352WAD65"/>
          <ticker value="STEAM"/>
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        <balance>517322.7000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>494327.0300000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-02-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.250000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>United Auto Credit Securitization Trust 2026-1</name>
        <lei>N/A</lei>
        <title>United Auto Credit Securitization Trust 2026-1 5.65</title>
        <cusip>90945FAD7</cusip>
        <identifiers>
          <isin value="US90945FAD78"/>
          <ticker value="UACST"/>
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        <balance>709000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>703988.6500000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-10</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>United Airlines Holdings Inc</name>
        <lei>98450079DA0B78DD6764</lei>
        <title>United Airlines Holdings Inc 5.38 03/01/2031</title>
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          <ticker value="UAL"/>
          <other otherDesc="SEDOL" value="BW46M90"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.375000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>U.S. TREASURY</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond 4.75 02/15/2056</title>
        <cusip>912810UR7</cusip>
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          <isin value="US912810UR76"/>
          <ticker value="T"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.750000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>U.S. TREASURY</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond 4.63 09/15/2026</title>
        <cusip>91282CHY0</cusip>
        <identifiers>
          <isin value="US91282CHY03"/>
          <ticker value="T"/>
          <other otherDesc="SEDOL" value="BP5X257"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.625000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>U.S. TREASURY</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond 4.38 12/31/2029</title>
        <cusip>91282CMD0</cusip>
        <identifiers>
          <isin value="US91282CMD01"/>
          <ticker value="T"/>
          <other otherDesc="SEDOL" value="BS60BM8"/>
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        <balance>695000.0000000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Xcel Energy Inc</name>
        <lei>LGJNMI9GH8XIDG5RCM61</lei>
        <title>Xcel Energy Inc 5.75 12/03/2056</title>
        <cusip>98389BBF6</cusip>
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          <ticker value="XEL"/>
          <other otherDesc="SEDOL" value="BWPJHP9"/>
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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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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Universal Health Services Inc</name>
        <lei>549300YGMGQDO0NMJD09</lei>
        <title>Universal Health Services Inc 5.50 09/01/2031</title>
        <cusip>913903BD1</cusip>
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          <ticker value="UHS"/>
          <other otherDesc="SEDOL" value="BW0SQZ4"/>
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        <curCd>USD</curCd>
        <valUSD>564992.3500000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Univision Communications Inc</name>
        <lei>549300YQDE2JSGTL8V47</lei>
        <title>Univision Communications Inc 8.875 04/15/2033</title>
        <cusip>914906BB7</cusip>
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          <isin value="US914906BB78"/>
          <ticker value="UVN"/>
          <other otherDesc="SEDOL" value="BTWQYH3"/>
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        <balance>284000.0000000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.875000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>VB-S1 Issuer LLC - VBTEL</name>
        <lei>N/A</lei>
        <title>VB-S1 Issuer LLC - VBTEL 8.87</title>
        <cusip>91823ABG5</cusip>
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          <isin value="US91823ABG58"/>
          <ticker value="VBTEL"/>
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        <balance>475000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>483945.1100000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.871000000000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Velocity Commercial Capital Loan Trust 2025-5</name>
        <lei>N/A</lei>
        <title>Velocity Commercial Capital Loan Trust 2025-5 5.94</title>
        <cusip>92262KAD7</cusip>
        <identifiers>
          <isin value="US92262KAD72"/>
          <ticker value="VCC"/>
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        <balance>400731.3400000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>396830.6200000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-12-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.940000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Velocity Commercial Capital Loan Trust 2026-1</name>
        <lei>N/A</lei>
        <title>Velocity Commercial Capital Loan Trust 2026-1 5.89</title>
        <cusip>92262WAC3</cusip>
        <identifiers>
          <isin value="US92262WAC38"/>
          <ticker value="VCC"/>
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        <balance>311399.2200000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>304076.9500000000</valUSD>
        <pctVal>0.1157731225</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.890000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Venture Global Plaquemines LNG LLC</name>
        <lei>549300TKP4I6OJ02BF90</lei>
        <title>Venture Global Plaquemines LNG LLC 6.75 01/15/2036</title>
        <cusip>922966AD8</cusip>
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          <isin value="US922966AD85"/>
          <ticker value="VEGLPL"/>
          <other otherDesc="SEDOL" value="BRJW1T1"/>
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        <balance>660000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>695088.8300000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.750000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Venture Global Plaquemines LNG LLC</name>
        <lei>549300TKP4I6OJ02BF90</lei>
        <title>Venture Global Plaquemines LNG LLC 6.13 12/15/2030</title>
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          <isin value="US922966AE68"/>
          <ticker value="VEGLPL"/>
          <other otherDesc="SEDOL" value="BQ68BH3"/>
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        <balance>750000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>766036.5000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.125000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Verizon Communications Inc</name>
        <lei>2S72QS2UO2OESLG6Y829</lei>
        <title>Verizon Communications Inc 6.20 05/14/2056</title>
        <cusip>92343VHN7</cusip>
        <identifiers>
          <isin value="US92343VHN73"/>
          <ticker value="VZ"/>
          <other otherDesc="SEDOL" value="BQB86N9"/>
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        <balance>652000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>631143.5000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-05-14</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.200000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Verizon Communications Inc</name>
        <lei>2S72QS2UO2OESLG6Y829</lei>
        <title>Verizon Communications Inc 6.05 05/14/2058</title>
        <cusip>92343VHP2</cusip>
        <identifiers>
          <isin value="US92343VHP22"/>
          <ticker value="VZ"/>
          <other otherDesc="SEDOL" value="BQB86M8"/>
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        <balance>517000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>504960.0500000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-05-14</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.050000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>VERTICAL BRIDGE CC LLC</name>
        <lei>549300DKEDU9WZPGTC09</lei>
        <title>VERTICAL BRIDGE CC LLC 7.45</title>
        <cusip>92535VAU6</cusip>
        <identifiers>
          <isin value="US92535VAU61"/>
          <ticker value="VBTOW"/>
          <other otherDesc="SEDOL" value="BNRNCL7"/>
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        <balance>740972.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>746827.6800000000</valUSD>
        <pctVal>0.2843443821</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-08-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.446000000000001</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Virginia Electric and Power Co</name>
        <lei>CQKUMNNZVDJLRYV2PT43</lei>
        <title>Virginia Electric and Power Co 6.30 08/15/2056</title>
        <cusip>927804HA5</cusip>
        <identifiers>
          <isin value="US927804HA52"/>
          <ticker value="D"/>
          <other otherDesc="SEDOL" value="BV8B3P7"/>
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        <balance>104000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>105139.8000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.300000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Vista Point Securitization Trust 2024-CES1</name>
        <lei>N/A</lei>
        <title>Vista Point Securitization Trust 2024-CES1 6.68</title>
        <cusip>92839HAA4</cusip>
        <identifiers>
          <isin value="US92839HAA41"/>
          <ticker value="VSTA"/>
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        <balance>270317.2000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>271522.1700000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.676000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Lmrk Issuer Co 2 LLC</name>
        <lei>549300TATF7H68SRLE80</lei>
        <title>Lmrk Issuer Co 2 LLC 5.52</title>
        <cusip>50209AAH4</cusip>
        <identifiers>
          <isin value="US50209AAH41"/>
          <ticker value="LMRK"/>
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        <balance>611000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>602101.8800000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.520000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp</name>
        <lei>N/A</lei>
        <title>Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp 4.75 06/15/2029</title>
        <cusip>505742AP1</cusip>
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          <isin value="US505742AP10"/>
          <ticker value="LADR"/>
          <other otherDesc="SEDOL" value="BNHV192"/>
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        <curCd>USD</curCd>
        <valUSD>655028.9800000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp</name>
        <lei>N/A</lei>
        <title>Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp 7.00 07/15/2031</title>
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          <isin value="US505742AR75"/>
          <ticker value="LADR"/>
          <other otherDesc="SEDOL" value="BL56C47"/>
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        <curCd>USD</curCd>
        <valUSD>1646629.9400000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Level 3 Financing Inc</name>
        <lei>254900AE5FEFIJOXWL19</lei>
        <title>Level 3 Financing Inc 7.00 03/31/2034</title>
        <cusip>527298CN1</cusip>
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          <isin value="US527298CN12"/>
          <ticker value="LVLT"/>
          <other otherDesc="SEDOL" value="BV6KVQ3"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>946192.4000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isDefault>N</isDefault>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Lyra Music Assets Delaware LP</name>
        <lei>9845007N9EAB0C048A12</lei>
        <title>Lyra Music Assets Delaware LP 5.76</title>
        <cusip>552339AA1</cusip>
        <identifiers>
          <isin value="US552339AA18"/>
          <ticker value="LYRA"/>
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        <balance>639959.6100000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>642603.8000000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2064-12-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.760000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Lyra Music Assets Delaware LP</name>
        <lei>9845007N9EAB0C048A12</lei>
        <title>Lyra Music Assets Delaware LP 5.60</title>
        <cusip>552339AD5</cusip>
        <identifiers>
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          <ticker value="LYRA"/>
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        <balance>299138.2200000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>299823.6700000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>M&amp;T Bank Corp</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Maple Parent Holdings Corp</name>
        <lei>254900J6FBJ1E892Q074</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Matador Resources Co</name>
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          <ticker value="MTDR"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Medline Borrower LP/Medline Co-Issuer Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Medline Borrower LP/Medline Co-Issuer Inc</name>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Medline Borrower LP/Medline Co-Issuer Inc</name>
        <lei>N/A</lei>
        <title>Medline Borrower LP/Medline Co-Issuer Inc 5.25 06/15/2033</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Merck &amp; Co Inc</name>
        <lei>4YV9Y5M8S0BRK1RP0397</lei>
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          <ticker value="MRK"/>
          <other otherDesc="SEDOL" value="BMWG429"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Merck &amp; Co Inc</name>
        <lei>4YV9Y5M8S0BRK1RP0397</lei>
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          <ticker value="MRK"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Mineral Resources Ltd</name>
        <lei>5299007V1ACKFFX2P066</lei>
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          <ticker value="MINAU"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Minerva Luxembourg SA</name>
        <lei>222100NM3G3RCPGZ2Z17</lei>
        <title>Minerva Luxembourg SA 7.50 04/22/2036</title>
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          <ticker value="BEEFBZ"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Mission Lane Credit Card Master Trust</name>
        <lei>N/A</lei>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Mission Lane Credit Card Master Trust</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>ST JOHN'S LUTHERAN</name>
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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Mosaic Solar Loan Trust 2023-3</name>
        <lei>N/A</lei>
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          <ticker value="MSAIC"/>
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        <issuerCat>CORP</issuerCat>
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      <invstOrSec>
        <name>Mosaic Co/The</name>
        <lei>2YD5STGSJNMUB7H76907</lei>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Mosaic Solar Loan Trust 2023-2</name>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Mosaic Solar Loan Trust 2021-3</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>423873.6800000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Motorola Solutions Inc</name>
        <lei>6S552MUG6KGJVEBSEC55</lei>
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          <isin value="US620076CE71"/>
          <ticker value="MSI"/>
          <other otherDesc="SEDOL" value="BVSPGC7"/>
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        <curCd>USD</curCd>
        <valUSD>264085.6000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>NGPL PipeCo LLC</name>
        <lei>549300K3NT1HSQFEM073</lei>
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          <ticker value="NGPLCO"/>
          <other otherDesc="SEDOL" value="BW6FTV6"/>
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        <balance>270000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>262943.9800000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.600000000000001</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NRG Energy Inc</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
        <title>NRG Energy Inc 6.13 05/15/2036</title>
        <cusip>629377DG4</cusip>
        <identifiers>
          <isin value="US629377DG42"/>
          <ticker value="NRG"/>
          <other otherDesc="SEDOL" value="BVPLGW8"/>
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        <balance>391000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>383248.8900000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.125000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Zayo Issuer LLC</name>
        <lei>N/A</lei>
        <title>Zayo Issuer LLC 6.04</title>
        <cusip>98919WAW3</cusip>
        <identifiers>
          <isin value="US98919WAW38"/>
          <ticker value="ZAYO"/>
          <other otherDesc="SEDOL" value="BVFD9T2"/>
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        <balance>958155.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>951161.9100000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-04-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.035000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Zions Bancorp NA</name>
        <lei>8WH0EE09O9V05QJZ3V89</lei>
        <title>Zions Bancorp NA 3.25 10/29/2029</title>
        <cusip>98971DAB6</cusip>
        <identifiers>
          <isin value="US98971DAB64"/>
          <ticker value="ZION"/>
          <other otherDesc="SEDOL" value="BJLC074"/>
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        <balance>910000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>853780.1300000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Mexican Bonos</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>Mexican Bonos 7.75 11/13/2042</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MX0MGO0000R8"/>
          <ticker value="MBONO"/>
          <other otherDesc="SEDOL" value="B7V21L1"/>
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        <balance>36000000.0000000000</balance>
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        <currencyConditional curCd="MXN" exchangeRt="16.9964500000"/>
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        <pctVal>0.6757087714</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-11-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.750000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ING Groep NV</name>
        <lei>549300NYKK9MWM7GGW15</lei>
        <title>ING Groep NV (pfd) 7.50% 05/16/2175 Perpetual</title>
        <cusip>N4578ELM8</cusip>
        <identifiers>
          <isin value="XS2585240984"/>
          <ticker value="INTNED"/>
          <other otherDesc="SEDOL" value="BMX7FG2"/>
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        <balance>400000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>410411.2100000000</valUSD>
        <pctVal>0.1562584316</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Credit Agricole SA</name>
        <lei>969500TJ5KRTCJQWXH05</lei>
        <title>Credit Agricole SA (pfd) 6.50% 03/23/2175 Perpetual</title>
        <cusip>F2R125S48</cusip>
        <identifiers>
          <isin value="FR001400N2U2"/>
          <ticker value="ACAFP"/>
          <other otherDesc="SEDOL" value="BQB5MX2"/>
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        <balance>200000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>241876.4100000000</valUSD>
        <pctVal>0.0920911211</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Swedbank AB</name>
        <lei>M312WZV08Y7LYUC71685</lei>
        <title>Swedbank AB (pfd) 7.75% 09/17/2174 Perpetual</title>
        <cusip>W94240RW5</cusip>
        <identifiers>
          <isin value="XS2759983385"/>
          <ticker value="SWEDA"/>
          <other otherDesc="SEDOL" value="BRBYVK6"/>
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        <balance>1000000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1052552.6800000000</valUSD>
        <pctVal>0.4007449770</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Vistra Corp</name>
        <lei>549300KP43CPCUJOOG15</lei>
        <title>Vistra Corp (pfd) 8.00% 04/15/2175 Perpetual</title>
        <cusip>92840MAB8</cusip>
        <identifiers>
          <isin value="US92840MAB81"/>
          <ticker value="VST"/>
          <other otherDesc="SEDOL" value="BL5BH14"/>
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        <balance>640000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>641825.9200000000</valUSD>
        <pctVal>0.2443664041</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Vistra Operations Co LLC</name>
        <lei>549300ZH5GKBTJZ7NM23</lei>
        <title>Vistra Operations Co LLC 6.88 04/15/2032</title>
        <cusip>92840VAR3</cusip>
        <identifiers>
          <isin value="US92840VAR33"/>
          <ticker value="VST"/>
          <other otherDesc="SEDOL" value="BMDPV13"/>
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        <balance>637000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>657722.8800000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.875000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>VoltaGrid LLC</name>
        <lei>254900R5BEUGIKK1FM03</lei>
        <title>VoltaGrid LLC 7.38 11/01/2030</title>
        <cusip>92874BAA3</cusip>
        <identifiers>
          <isin value="US92874BAA35"/>
          <ticker value="VOLTAG"/>
          <other otherDesc="SEDOL" value="BVK6BT0"/>
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        <balance>694000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>698682.4700000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.375000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Wayfair LLC</name>
        <lei>549300CTUWTZGOXMYI40</lei>
        <title>Wayfair LLC 6.75 11/15/2032</title>
        <cusip>94419NAC1</cusip>
        <identifiers>
          <isin value="US94419NAC11"/>
          <ticker value="W"/>
          <other otherDesc="SEDOL" value="BMJ0P09"/>
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        <balance>655000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>674389.3100000000</valUSD>
        <pctVal>0.2567644676</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.750000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Westgate Resorts 2026-1 LLC</name>
        <lei>N/A</lei>
        <title>Westgate Resorts 2026-1 LLC 6.08</title>
        <cusip>959921AC1</cusip>
        <identifiers>
          <isin value="US959921AC17"/>
          <ticker value="WESTR"/>
          <other otherDesc="SEDOL" value="BWTZ3F5"/>
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        <balance>348056.7300000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>348388.5000000000</valUSD>
        <pctVal>0.1326441366</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-10-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.080000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Whirlpool Corp</name>
        <lei>WHENKOULSSK7WUM60H03</lei>
        <title>Whirlpool Corp 7.50 07/01/2031</title>
        <cusip>963320BF2</cusip>
        <identifiers>
          <isin value="US963320BF20"/>
          <ticker value="WHR"/>
          <other otherDesc="SEDOL" value="BX52G92"/>
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        <balance>410000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>411545.2900000000</valUSD>
        <pctVal>0.1566902169</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.500000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Williams Scotsman Inc</name>
        <lei>549300DAKDS8SCO1OT57</lei>
        <title>Williams Scotsman Inc 6.63 06/15/2029</title>
        <cusip>96949VAM5</cusip>
        <identifiers>
          <isin value="US96949VAM54"/>
          <ticker value="WLSC"/>
          <other otherDesc="SEDOL" value="BR4ZGJ0"/>
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        <balance>670000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>682311.9200000000</valUSD>
        <pctVal>0.2597808926</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.625000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NP SPE IX LP</name>
        <lei>549300M4DFCB4G0UM882</lei>
        <title>NP SPE IX LP 2.57</title>
        <cusip>62954JAA2</cusip>
        <identifiers>
          <isin value="US62954JAA25"/>
          <ticker value="NPRL"/>
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        <balance>1812.6600000000</balance>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>New Economy Assets - Phase 1 Sponsor LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>NextEra Energy Capital Holdings Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>NextEra Energy Capital Holdings Inc</name>
        <lei>UMI46YPGBLUE4VGNNT48</lei>
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          <ticker value="NEE"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>Nexstar Media Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Nexstar Media Inc</name>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Nissan Motor Acceptance Co LLC</name>
        <lei>7D6DIU2QXTUJRFNNJA49</lei>
        <title>Nissan Motor Acceptance Co LLC 6.13 09/30/2030</title>
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          <ticker value="NSANY"/>
          <other otherDesc="SEDOL" value="BVBG0S1"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.125000000000000</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NVIDIA Corp</name>
        <lei>549300S4KLFTLO7GSQ80</lei>
        <title>NVIDIA Corp 4.75 06/15/2033</title>
        <cusip>67066GAS3</cusip>
        <identifiers>
          <isin value="US67066GAS30"/>
          <ticker value="NVDA"/>
          <other otherDesc="SEDOL" value="BWTYM11"/>
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        <balance>465000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>450447.7800000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.750000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OBX 2026-AHC1 Trust</name>
        <lei>N/A</lei>
        <title>OBX 2026-AHC1 Trust 5.39</title>
        <cusip>67124JAV0</cusip>
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          <isin value="US67124JAV08"/>
          <ticker value="OBX"/>
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        <balance>618774.1600000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>615266.1400000000</valUSD>
        <pctVal>0.2342541327</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>5.393190000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OBX 2026-NQM8 Trust</name>
        <lei>254900LEFJQLQVRADY79</lei>
        <title>OBX 2026-NQM8 Trust 5.79</title>
        <cusip>67124UAK9</cusip>
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          <ticker value="OBX"/>
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        <balance>300000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>297122.2800000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>OBX 2025-NQM21 Trust</name>
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        <title>OBX 2025-NQM21 Trust 4.99</title>
        <cusip>67448BAE4</cusip>
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          <isin value="US67448BAE48"/>
          <ticker value="OBX"/>
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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>Variable</couponKind>
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        <name>OBX 2025-NQM21 Trust</name>
        <lei>254900E5OS34AOMYSY84</lei>
        <title>OBX 2025-NQM21 Trust 5.19</title>
        <cusip>67448BAJ3</cusip>
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          <ticker value="OBX"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Occidental Petroleum Corp</name>
        <lei>IM7X0T3ECJW4C1T7ON55</lei>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Occidental Petroleum Corp</name>
        <lei>IM7X0T3ECJW4C1T7ON55</lei>
        <title>Occidental Petroleum Corp 6.20 03/15/2040</title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>OCCU Auto Receivables Trust 2026-1</name>
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        <title>OCCU Auto Receivables Trust 2026-1 5.85</title>
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        <name>Oportun Issuance Trust 2026-A</name>
        <lei>N/A</lei>
        <title>Oportun Issuance Trust 2026-A 6.28</title>
        <cusip>68390VAD8</cusip>
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          <ticker value="OPTN"/>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ovintiv Inc</name>
        <lei>2549003MEX7YMKLGI239</lei>
        <title>Ovintiv Inc 7.10 07/15/2053</title>
        <cusip>69047QAD4</cusip>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Blue Owl Credit Income Corp</name>
        <lei>5493003I42XBWPE05N35</lei>
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        <cusip>69120VAW1</cusip>
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        <curCd>USD</curCd>
        <valUSD>716954.7700000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Banco Santander SA</name>
        <lei>5493006QMFDDMYWIAM13</lei>
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        <cusip>N/A</cusip>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Commerzbank AG</name>
        <lei>851WYGNLUQLFZBSYGB56</lei>
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        <cusip>D1706CKE3</cusip>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AXA SA</name>
        <lei>F5WCUMTUM4RKZ1MAIE39</lei>
        <title>AXA SA (pfd) 5.75% 12/02/2174 Perpetual</title>
        <cusip>F0609NBN7</cusip>
        <identifiers>
          <isin value="XS3085146929"/>
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          <other otherDesc="SEDOL" value="BVMTH55"/>
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        <balance>515000.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>mBank SA</name>
        <lei>259400DZXF7UJKK2AY35</lei>
        <title>mBank SA 4.78 09/25/2035</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS3090129332"/>
          <ticker value="MBKPW"/>
          <other otherDesc="SEDOL" value="BV5GW81"/>
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        <balance>500000.0000000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
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        <pctVal>0.2246000925</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-09-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.778400000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Eurex 5 Year Euro BOBL Future</name>
        <lei>N/A</lei>
        <title>EURO-BOBL FUTURE  Sep26</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000F3A9EU1"/>
          <ticker value="OEU6"/>
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        <balance>-6.0000000000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>Bank of America</counterpartyName>
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            <payOffProf>Short</payOffProf>
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                <issuerName>EURO-BOBL FUTURE</issuerName>
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        <securityLending>
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      <invstOrSec>
        <name>CAN 10YR BOND FUT</name>
        <lei>N/A</lei>
        <title>CAN 10YR BOND FUT Dec26</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="CNZ6"/>
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        <balance>-2.0000000000</balance>
        <units>NC</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Bank of America</counterpartyName>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
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                <issuerName>CAN 10YR BOND FUT</issuerName>
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            <expDate>2026-12-18</expDate>
            <notionalAmt>-235613.0000000000</notionalAmt>
            <curCd>CAD</curCd>
            <unrealizedAppr>875.2100000000</unrealizedAppr>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CBOT 10 Year US Treasury Note</name>
        <lei>N/A</lei>
        <title>US 10YR NOTE (CBT)Dec26</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="TYZ6"/>
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        <balance>198.0000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-167448.6000000000</valUSD>
        <pctVal>-0.0637537547</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Bank of America</counterpartyName>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
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                <issuerName>US 10YR NOTE (CBT)</issuerName>
                <issueTitle>US 10YR NOTE (CBT)Dec26</issueTitle>
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            <expDate>2026-12-21</expDate>
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            <unrealizedAppr>-167448.6000000000</unrealizedAppr>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CME Ultra Long Term US Treasury</name>
        <lei>N/A</lei>
        <title>US ULTRA BOND CBT Dec26</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="WNZ6"/>
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        <balance>35.0000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-34066.2000000000</valUSD>
        <pctVal>-0.0129702378</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>Bank of America</counterpartyName>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
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        <securityLending>
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      <invstOrSec>
        <name>CBOT 10 Year Ultra US Treasury Note</name>
        <lei>N/A</lei>
        <title>US 10yr Ultra Fut Dec26</title>
        <cusip>N/A</cusip>
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          <ticker value="UXYZ6"/>
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        <units>NC</units>
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        <assetCat>DIR</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

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        <derivativeInfo>
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              <counterpartyName>Bank of America</counterpartyName>
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            <payOffProf>Long</payOffProf>
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      <invstOrSec>
        <name>CBOT 2 Year US Treasury Note</name>
        <lei>N/A</lei>
        <title>US 2YR NOTE (CBT) Dec26</title>
        <cusip>N/A</cusip>
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          <ticker value="TUZ6"/>
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      <invstOrSec>
        <name>ING Groep NV</name>
        <lei>549300NYKK9MWM7GGW15</lei>
        <title>ING Groep NV (pfd) 4.88% 05/16/2175 Perpetual</title>
        <cusip>N4578EKR8</cusip>
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        <assetCat>EP</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Clarios Global LP</name>
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        <title>CLARIOS GLOBAL LP 2024 USD TERM LOAN B</title>
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          <ticker value="POWSOL"/>
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        <issuerCat>CORP</issuerCat>
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      <invstOrSec>
        <name>Jazz Financing Lux Sarl</name>
        <lei>635400WUEO2NSG5OIU34</lei>
        <title>JAZZ FINANCING LUX SARL 2024 1ST LIEN TERM LOAN B2</title>
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          <ticker value="JAZZ"/>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>PNC Financial Services Group Inc/The</name>
        <lei>CFGNEKW0P8842LEUIA51</lei>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Pacific Gas and Electric Co</name>
        <lei>1HNPXZSMMB7HMBMVBS46</lei>
        <title>Pacific Gas and Electric Co 6.30 08/15/2056</title>
        <cusip>694308LE5</cusip>
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      <invstOrSec>
        <name>Pagaya AI Debt Grantor Trust 2026-4</name>
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      <invstOrSec>
        <name>Pagaya AI Debt Selection Trust</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Apollo Debt Solutions BDC</name>
        <lei>549300UMUGX092P8DW87</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AppLovin Corp</name>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Aqua Finance Issuer Trust 2025-B</name>
        <lei>N/A</lei>
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          <isin value="US03837GAD97"/>
          <ticker value="AQFIT"/>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ArcelorMittal SA</name>
        <lei>2EULGUTUI56JI9SAL165</lei>
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          <isin value="US03938LBM54"/>
          <ticker value="MTNA"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Ares Strategic Income Fund</name>
        <lei>549300IANZJVZPTICV54</lei>
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        <cusip>04020EAG2</cusip>
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          <isin value="US04020EAG26"/>
          <ticker value="ARESSI"/>
          <other otherDesc="SEDOL" value="BVMCB41"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>Aspire Mortgage Trust 2026-1</name>
        <lei>N/A</lei>
        <title>Aspire Mortgage Trust 2026-1 5.06</title>
        <cusip>04539FAD0</cusip>
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          <isin value="US04539FAD06"/>
          <ticker value="SPIRE"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Asurion LLC/ Asurion Co-Issuer Inc</name>
        <lei>549300KNQVXGIOXWK278</lei>
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          <ticker value="ASUCOR"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Athene Holding Ltd</name>
        <lei>549300H316CT32FQXI76</lei>
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          <ticker value="ATH"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Atlas Warehouse Lending Co LP</name>
        <lei>25490068J12A1HV7YM70</lei>
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          <ticker value="ATWALD"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Avant Credit Card Master Trust</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Avant Loans Funding Trust 2026-REV1</name>
        <lei>N/A</lei>
        <title>Avant Loans Funding Trust 2026-REV1 5.56</title>
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          <isin value="US05359NAD75"/>
          <ticker value="AVNT"/>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Avnet Inc</name>
        <lei>XJI53DCPL7QABOWK4Z75</lei>
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          <ticker value="AVT"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BHG Owner Loan Trust Series 2026-1CON</name>
        <lei>N/A</lei>
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          <isin value="US05494TAD00"/>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-06-17</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Azule Energy Finance Plc</name>
        <lei>2138006X6O82RJSQDB63</lei>
        <title>Azule Energy Finance Plc 8.13 01/23/2030</title>
        <cusip>05501YAA6</cusip>
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          <isin value="US05501YAA64"/>
          <ticker value="AZURGY"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-23</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico/TX</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BNP Paribas SA</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
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        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BPCE SA</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>A&amp;D Mortgage Trust 2026-NQM2</name>
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          <ticker value="ADMT"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ACM Auto Trust 2025-4</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ACM Auto Trust 2025-2</name>
        <lei>N/A</lei>
        <title>ACM Auto Trust 2025-2 5.55</title>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-20</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ACM Auto Trust 2025-2</name>
        <lei>N/A</lei>
        <title>ACM Auto Trust 2025-2 7.25</title>
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          <isin value="US00161TAC53"/>
          <ticker value="ACMAT"/>
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        <balance>439000.0000000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-02-20</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ACM Auto Trust 2025-3</name>
        <lei>N/A</lei>
        <title>ACM Auto Trust 2025-3 6.08</title>
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          <ticker value="ACMAT"/>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>AREIT 2026-CRE12 Ltd</name>
        <lei>N/A</lei>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>BSPRT 2023-FL10 Issuer Ltd</name>
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          <isin value="US05610VAA08"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BPR Commercial Mortgage Trust 2025-STAR</name>
        <lei>N/A</lei>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Caesars Entertainment Inc</name>
        <lei>549300FA4CTCW903Y781</lei>
        <title>Caesars Entertainment Inc 7.00 02/15/2030</title>
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        <issuerCat>CORP</issuerCat>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Canadian Imperial Bank of Commerce</name>
        <lei>2IGI19DL77OX0HC3ZE78</lei>
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          <ticker value="CM"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AT&amp;T Inc</name>
        <lei>549300Z40J86GGSTL398</lei>
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          <ticker value="T"/>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Acadia Healthcare Co Inc</name>
        <lei>5493005CW985Y9D0NC11</lei>
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      <invstOrSec>
        <name>Advance Auto Parts Inc</name>
        <lei>529900UCNQ5H9FSL0Y70</lei>
        <title>Advance Auto Parts Inc 7.00 08/01/2030</title>
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          <ticker value="AAP"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Advance Auto Parts Inc</name>
        <lei>529900UCNQ5H9FSL0Y70</lei>
        <title>Advance Auto Parts Inc 7.38 08/01/2033</title>
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          <ticker value="AAP"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sumisho Air Lease Corp</name>
        <lei>5493004NW4M4P8TMMK63</lei>
        <title>Sumisho Air Lease Corp (pfd) 8.26% 06/15/2175 Perpetual</title>
        <cusip>00912XBJ2</cusip>
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          <isin value="US00912XBJ28"/>
          <ticker value="SUMIAL"/>
          <other otherDesc="SEDOL" value="BMZ9QP2"/>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>342136.9000000000</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>Ovintiv Inc</name>
        <lei>2549003MEX7YMKLGI239</lei>
        <title>Ovintiv Inc 7.38 11/01/2031</title>
        <cusip>012873AK1</cusip>
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          <isin value="US012873AK13"/>
          <ticker value="OVV"/>
          <other otherDesc="SEDOL" value="2835772"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>385577.3600000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.375000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC</name>
        <lei>549300YKWOC0AOR16R51</lei>
        <title>Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC 5.50 03/31/2031</title>
        <cusip>01309QAC2</cusip>
        <identifiers>
          <isin value="US01309QAC24"/>
          <ticker value="ACI"/>
          <other otherDesc="SEDOL" value="BTMNSP0"/>
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        <balance>569000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>551968.2900000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Alexandria Real Estate Equities Inc</name>
        <lei>MGCJBT4MKTQBVLNUIS88</lei>
        <title>Alexandria Real Estate Equities Inc 7.25 02/15/2057</title>
        <cusip>015271BG3</cusip>
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          <isin value="US015271BG35"/>
          <ticker value="ARE"/>
          <other otherDesc="SEDOL" value="BXDRD54"/>
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        <curCd>USD</curCd>
        <valUSD>532032.8800000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-02-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Allianz SE</name>
        <lei>529900K9B0N5BT694847</lei>
        <title>Allianz SE 6.35 09/06/2053</title>
        <cusip>018820AC4</cusip>
        <identifiers>
          <isin value="US018820AC48"/>
          <ticker value="ALVGR"/>
          <other otherDesc="SEDOL" value="BRF4DY0"/>
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        <balance>200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>205449.6000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-09-06</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.350000000000001</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Allison Transmission Inc</name>
        <lei>MWKQ3I0U1GXP2YDSZW75</lei>
        <title>Allison Transmission Inc 5.88 12/01/2033</title>
        <cusip>019736AH0</cusip>
        <identifiers>
          <isin value="US019736AH02"/>
          <ticker value="ALSN"/>
          <other otherDesc="SEDOL" value="BTWWZY5"/>
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        <balance>596000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>592103.3500000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.875000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Alphabet Inc</name>
        <lei>5493006MHB84DD0ZWV18</lei>
        <title>Alphabet Inc 5.65 02/15/2056</title>
        <cusip>02079KBP1</cusip>
        <identifiers>
          <isin value="US02079KBP12"/>
          <ticker value="GOOGL"/>
          <other otherDesc="SEDOL" value="BW1N4Z4"/>
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        <balance>435000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>398252.0000000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.650000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Amazon.com Inc</name>
        <lei>ZXTILKJKG63JELOEG630</lei>
        <title>Amazon.com Inc 4.55 03/13/2033</title>
        <cusip>023135DE3</cusip>
        <identifiers>
          <isin value="US023135DE35"/>
          <ticker value="AMZN"/>
          <other otherDesc="SEDOL" value="BS0DRY7"/>
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        <balance>1335000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1286167.1800000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-03-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.550000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Amazon.com Inc</name>
        <lei>ZXTILKJKG63JELOEG630</lei>
        <title>Amazon.com Inc 4.80 07/09/2031</title>
        <cusip>023135EC6</cusip>
        <identifiers>
          <isin value="US023135EC69"/>
          <ticker value="AMZN"/>
          <other otherDesc="SEDOL" value="BVK0M44"/>
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        <balance>370000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>366691.5900000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.800000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Amazon.com Inc</name>
        <lei>ZXTILKJKG63JELOEG630</lei>
        <title>Amazon.com Inc 5.10 07/09/2033</title>
        <cusip>023135ED4</cusip>
        <identifiers>
          <isin value="US023135ED43"/>
          <ticker value="AMZN"/>
          <other otherDesc="SEDOL" value="BVK0M33"/>
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        <balance>305000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>301629.2100000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.100000000000001</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AMCR ABS Trust 2026-A</name>
        <lei>N/A</lei>
        <title>AMCR ABS Trust 2026-A 5.52</title>
        <cusip>02341AAA9</cusip>
        <identifiers>
          <isin value="US02341AAA97"/>
          <ticker value="AMCR"/>
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        <balance>289929.7800000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>290118.7000000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.520000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AMERICAN AIRLINES INC</name>
        <lei>IWUQB36BXD6OWD6X4T14</lei>
        <title>AMERICAN AIRLINES INC 2024 1ST LIEN TERM LOAN B</title>
        <cusip>02376CBR5</cusip>
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          <isin value="US02376CBR51"/>
          <ticker value="AAL"/>
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        <balance>465600.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>465309.0000000000</valUSD>
        <pctVal>0.1771600111</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.993300000000001</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AMERICAN AIRLINES INC</name>
        <lei>IWUQB36BXD6OWD6X4T14</lei>
        <title>American Airlines Inc 7.25 02/15/2028</title>
        <cusip>023771T32</cusip>
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          <isin value="US023771T329"/>
          <ticker value="AAL"/>
          <other otherDesc="SEDOL" value="BMZLS41"/>
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        <curCd>USD</curCd>
        <valUSD>753615.3000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>American Airlines 2019-1 Class B Pass Through Trust</name>
        <lei>N/A</lei>
        <title>American Airlines 2019-1 Class B Pass Through Trust 3.85 08/15/2029</title>
        <cusip>02379DAA8</cusip>
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          <isin value="US02379DAA81"/>
          <ticker value="AAL"/>
          <other otherDesc="SEDOL" value="BMG9LP6"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>American Assets Trust LP</name>
        <lei>549300V1TI0SMG9Z6U69</lei>
        <title>American Assets Trust LP 3.38 02/01/2031</title>
        <cusip>02401LAA2</cusip>
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          <isin value="US02401LAA26"/>
          <ticker value="AAT"/>
          <other otherDesc="SEDOL" value="BM9QFV8"/>
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        <curCd>USD</curCd>
        <valUSD>1264855.4000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.375000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>American Axle &amp; Manufacturing Inc</name>
        <lei>RY5TAKFOBLDUGX31MS24</lei>
        <title>American Axle &amp; Manufacturing Inc 7.75 10/15/2033</title>
        <cusip>02406PBD1</cusip>
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          <ticker value="AXL"/>
          <other otherDesc="SEDOL" value="BLDCF37"/>
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        <valUSD>970035.3700000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Global Net Lease Inc</name>
        <lei>549300NUYANCT5SU8Z65</lei>
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          <isin value="US02608AAA79"/>
          <ticker value="GNL"/>
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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>
      <invstOrSec>
        <name>Angel Oak Mortgage Trust 2020-5</name>
        <lei>N/A</lei>
        <title>Angel Oak Mortgage Trust 2020-5 1.58</title>
        <cusip>03464WAB8</cusip>
        <identifiers>
          <isin value="US03464WAB81"/>
          <ticker value="AOMT"/>
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        <balance>161826.8100000000</balance>
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        <curCd>USD</curCd>
        <valUSD>157313.2200000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>Angel Oak Mortgage Trust 2021-5</name>
        <lei>N/A</lei>
        <title>Angel Oak Mortgage Trust 2021-5 0.95</title>
        <cusip>03465HAA2</cusip>
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          <isin value="US03465HAA23"/>
          <ticker value="AOMT"/>
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        <balance>316392.4200000000</balance>
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        <curCd>USD</curCd>
        <valUSD>273326.5700000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2066-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.951000000000000</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>Antares Holdings LP</name>
        <lei>5493008EAIGV4283RM42</lei>
        <title>Antares Holdings LP 7.95 08/11/2028</title>
        <cusip>03666HAF8</cusip>
        <identifiers>
          <isin value="US03666HAF82"/>
          <ticker value="ANTHOL"/>
          <other otherDesc="SEDOL" value="BRF2S05"/>
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        <balance>680000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>702925.7700000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-11</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BXMT 2026-FL6 Ltd</name>
        <lei>N/A</lei>
        <title>BXMT 2026-FL6 Ltd 5.40</title>
        <cusip>05620AAC0</cusip>
        <identifiers>
          <isin value="US05620AAC09"/>
          <ticker value="BXMT"/>
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        <balance>601000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>599426.2200000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-08-19</maturityDt>
          <couponKind>Floating</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Banco de Credito e Inversiones SA</name>
        <lei>549300E9E5Y3PKW24142</lei>
        <title>Banco de Credito e Inversiones SA (pfd) 8.75% 08/08/2175 Perpetual</title>
        <cusip>05890MAC7</cusip>
        <identifiers>
          <isin value="US05890MAC73"/>
          <ticker value="BCICI"/>
          <other otherDesc="SEDOL" value="BSMP4H3"/>
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        <balance>309000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>330634.6400000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Baltimore Gas &amp; Electric Co</name>
        <lei>88V8C2WYSOD1SPSSLH72</lei>
        <title>Baltimore Gas and Electric Co 6.05 06/01/2056</title>
        <cusip>059165EW6</cusip>
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          <isin value="US059165EW62"/>
          <ticker value="EXC"/>
          <other otherDesc="SEDOL" value="BT3KY41"/>
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        <balance>369000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>362194.1900000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.050000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Banco Bilbao Vizcaya Argentaria SA</name>
        <lei>K8MS7FD7N5Z2WQ51AZ71</lei>
        <title>Banco Bilbao Vizcaya Argentaria SA (pfd) 6.13% 02/16/2175 Perpetual</title>
        <cusip>05946KAF8</cusip>
        <identifiers>
          <isin value="US05946KAF84"/>
          <ticker value="BBVASM"/>
          <other otherDesc="SEDOL" value="BD5W7S8"/>
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        <balance>400000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>400782.4000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Banco Bilbao Vizcaya Argentaria SA</name>
        <lei>K8MS7FD7N5Z2WQ51AZ71</lei>
        <title>Banco Bilbao Vizcaya Argentaria SA (pfd) 9.38% 12/19/2174 Perpetual</title>
        <cusip>05946KAM3</cusip>
        <identifiers>
          <isin value="US05946KAM36"/>
          <ticker value="BBVASM"/>
          <other otherDesc="SEDOL" value="BSB7ZW2"/>
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        <balance>420000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>455164.0800000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Banco Mercantil del Norte SA/Grand Cayman</name>
        <lei>549300QTVYRPFHS0J362</lei>
        <title>Banco Mercantil del Norte SA/Grand Cayman (pfd) 7.63% 10/06/2174 Perpetual</title>
        <cusip>05962GAJ8</cusip>
        <identifiers>
          <isin value="US05962GAJ85"/>
          <ticker value="BANORT"/>
          <other otherDesc="SEDOL" value="BYVX878"/>
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        <balance>385000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>388056.5200000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Banco Mercantil del Norte SA/Grand Cayman</name>
        <lei>549300QTVYRPFHS0J362</lei>
        <title>Banco Mercantil del Norte SA/Grand Cayman (pfd) 8.00% 10/24/2174 Perpetual</title>
        <cusip>05971PAF5</cusip>
        <identifiers>
          <isin value="US05971PAF53"/>
          <ticker value="BANORT"/>
          <other otherDesc="SEDOL" value="BPK4X85"/>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>234409.5000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Banco Mercantil del Norte SA/Grand Cayman</name>
        <lei>549300QTVYRPFHS0J362</lei>
        <title>Banco Mercantil del Norte SA/Grand Cayman (pfd) 5.88% 01/24/2175 Perpetual</title>
        <cusip>05973KAA5</cusip>
        <identifiers>
          <isin value="US05973KAA51"/>
          <ticker value="BANORT"/>
          <other otherDesc="SEDOL" value="BSQMYT2"/>
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        <curCd>USD</curCd>
        <valUSD>129778.6800000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Banco Nacional de Mexico SA</name>
        <lei>2SFFM4FUIE05S37WFU55</lei>
        <title>Banco Nacional de Mexico SA 6.70 08/07/2036</title>
        <cusip>05975FAA4</cusip>
        <identifiers>
          <isin value="US05975FAA49"/>
          <ticker value="BANMEX"/>
          <other otherDesc="SEDOL" value="BVK3D51"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>419442.0000000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-07</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.697000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bank of America Corp</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>Bank of America Corp (pfd) 4.38% 04/27/2175 Perpetual</title>
        <cusip>060505GB4</cusip>
        <identifiers>
          <isin value="US060505GB47"/>
          <ticker value="BAC"/>
          <other otherDesc="SEDOL" value="BPV95D8"/>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>383476.7100000000</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>Bank of America Corp</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>Bank of America Corp 5.49 04/23/2037</title>
        <cusip>06051GNC9</cusip>
        <identifiers>
          <isin value="US06051GNC95"/>
          <ticker value="BAC"/>
          <other otherDesc="SEDOL" value="BX54N64"/>
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        <balance>460000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>446779.9400000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>5.489000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bank of Montreal</name>
        <lei>NQQ6HPCNCCU6TUTQYE16</lei>
        <title>Bank of Montreal 7.70 05/26/2084</title>
        <cusip>06368LQ58</cusip>
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          <isin value="US06368LQ586"/>
          <ticker value="BMO"/>
          <other otherDesc="SEDOL" value="BRC27N4"/>
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        <balance>1656000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1730972.0900000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2084-05-26</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.700000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bank of New York Mellon Corp/The</name>
        <lei>WFLLPEPC7FZXENRZV188</lei>
        <title>Bank of New York Mellon Corp/The (pfd) 6.15% 12/20/2174 Perpetual</title>
        <cusip>064058AW0</cusip>
        <identifiers>
          <isin value="US064058AW09"/>
          <ticker value="BNY"/>
          <other otherDesc="SEDOL" value="BXP39D0"/>
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        <balance>228000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>227412.4700000000</valUSD>
        <pctVal>0.0000000000</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>
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      <invstOrSec>
        <name>Bank of Nova Scotia/The</name>
        <lei>L3I9ZG2KFGXZ61BMYR72</lei>
        <title>Bank of Nova Scotia/The 8.00 01/27/2084</title>
        <cusip>0641598V1</cusip>
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          <isin value="US0641598V18"/>
          <ticker value="BNS"/>
          <other otherDesc="SEDOL" value="BRXGPQ4"/>
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        <balance>1110000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1170022.1400000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2084-01-27</maturityDt>
          <couponKind>Variable</couponKind>
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        <name>Banque Federative du Credit Mutuel SA</name>
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        <name>Beacon Point DC LLC</name>
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        <name>Benchmark 2020-B16 Mortgage Trust</name>
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        <name>Palomino Funding Trust I</name>
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        <name>Ovintiv Inc</name>
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        <name>Pawneee Equipment Receivables Series 2022-1 LLC</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>PennyMac Financial Services Inc</name>
        <lei>549300W1D516HBDEU871</lei>
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        <cusip>70932MAE7</cusip>
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          <isin value="US70932MAE75"/>
          <ticker value="PFSI"/>
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        <balance>802000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>805800.6800000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Permian Resources Operating LLC</name>
        <lei>5493004CTVUMQLRPOE23</lei>
        <title>Permian Resources Operating LLC 6.25 02/01/2033</title>
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          <isin value="US71424VAB62"/>
          <ticker value="PR"/>
          <other otherDesc="SEDOL" value="BP091F3"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.250000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PetSmart LLC / PetSmart Finance Corp</name>
        <lei>N/A</lei>
        <title>PetSmart LLC / PetSmart Finance Corp 7.50 09/15/2032</title>
        <cusip>71677KAC2</cusip>
        <identifiers>
          <isin value="US71677KAC27"/>
          <ticker value="PETM"/>
          <other otherDesc="SEDOL" value="BNRNCC8"/>
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        <balance>360000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>363663.7200000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.500000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Piedmont Operating Partnership LP</name>
        <lei>549300WKGDPAS39FBD10</lei>
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        <cusip>720198AF7</cusip>
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          <isin value="US720198AF73"/>
          <ticker value="PDM"/>
          <other otherDesc="SEDOL" value="BNZGVP5"/>
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        <balance>184000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>157173.3100000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.750000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Piedmont Operating Partnership LP</name>
        <lei>549300WKGDPAS39FBD10</lei>
        <title>Piedmont Operating Partnership LP 5.63 01/15/2033</title>
        <cusip>720198AK6</cusip>
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          <isin value="US720198AK68"/>
          <ticker value="PDM"/>
          <other otherDesc="SEDOL" value="BVMNMC9"/>
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        <balance>955000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>939314.9100000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.625000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PMT Loan Trust 2025-CNF1</name>
        <lei>N/A</lei>
        <title>PMT Loan Trust 2025-CNF1 5.00</title>
        <cusip>729906AH0</cusip>
        <identifiers>
          <isin value="US729906AH00"/>
          <ticker value="PMTLT"/>
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        <balance>1224676.2200000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1203296.0700000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-10-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Prosus NV</name>
        <lei>635400Z5LQ5F9OLVT688</lei>
        <title>Prosus NV 5.53 07/13/2033</title>
        <cusip>74365PAK4</cusip>
        <identifiers>
          <isin value="US74365PAK49"/>
          <ticker value="PRXNA"/>
          <other otherDesc="SEDOL" value="BTMQJF6"/>
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        <balance>208000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>206690.0500000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.528000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Prudential Financial Inc</name>
        <lei>5PRBRS5FEH7NREC8OR45</lei>
        <title>Prudential Financial Inc 5.70 09/15/2048</title>
        <cusip>744320BF8</cusip>
        <identifiers>
          <isin value="US744320BF81"/>
          <ticker value="PRU"/>
          <other otherDesc="SEDOL" value="BGHCHW1"/>
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        <balance>815000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>816902.6700000000</valUSD>
        <pctVal>0.3110244722</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-09-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.700000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Public Service Co of Oklahoma</name>
        <lei>F3TJNSIZRGXRH8GEIK79</lei>
        <title>Public Service Co of Oklahoma 5.40 02/15/2034</title>
        <cusip>744533BT6</cusip>
        <identifiers>
          <isin value="US744533BT62"/>
          <ticker value="AEP"/>
          <other otherDesc="SEDOL" value="BXDRBD8"/>
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        <balance>142000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>141505.3800000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.400000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Purchasing Power Funding 2026-A LLC</name>
        <lei>N/A</lei>
        <title>Purchasing Power Funding 2026-A LLC 5.40</title>
        <cusip>74614AAD2</cusip>
        <identifiers>
          <isin value="US74614AAD28"/>
          <ticker value="PPWR"/>
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        <balance>733000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>726413.4800000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.400000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>QTS Central Issuer LLC/ QTS TRS Central Issuer LLC</name>
        <lei>N/A</lei>
        <title>QTS Central Issuer LLC/ QTS TRS Central Issuer LLC 6.63 09/01/2031</title>
        <cusip>74751QAA6</cusip>
        <identifiers>
          <isin value="US74751QAA67"/>
          <ticker value="QTSODY"/>
          <other otherDesc="SEDOL" value="BXTCTD3"/>
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        <balance>271000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>267199.9100000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.625000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Blackbird Capital II Aircraft Lease Ltd</name>
        <lei>N/A</lei>
        <title>Blackbird Capital II Aircraft Lease Ltd 3.45</title>
        <cusip>09229CAB5</cusip>
        <identifiers>
          <isin value="US09229CAB54"/>
          <ticker value="BBIRD"/>
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        <balance>286796.1900000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>275223.5000000000</valUSD>
        <pctVal>0.1047875677</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <isDefault>N</isDefault>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Blackstone Private Credit Fund</name>
        <lei>549300ORP3TTCNXSYO43</lei>
        <title>Blackstone Private Credit Fund 3.25 03/15/2027</title>
        <cusip>09261HAK3</cusip>
        <identifiers>
          <isin value="US09261HAK32"/>
          <ticker value="BCRED"/>
          <other otherDesc="SEDOL" value="BPLHNF0"/>
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        <balance>720000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>713547.7100000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Blackstone Private Credit Fund</name>
        <lei>549300ORP3TTCNXSYO43</lei>
        <title>Blackstone Private Credit Fund 5.95 07/16/2029</title>
        <cusip>09261HBN6</cusip>
        <identifiers>
          <isin value="US09261HBN61"/>
          <ticker value="BCRED"/>
          <other otherDesc="SEDOL" value="BM9XKF8"/>
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        <balance>20000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20000.1400000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.950000000000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Blue Racer Midstream LLC / Blue Racer Finance Corp</name>
        <lei>N/A</lei>
        <title>Blue Racer Midstream LLC / Blue Racer Finance Corp 7.00 07/15/2029</title>
        <cusip>095796AJ7</cusip>
        <identifiers>
          <isin value="US095796AJ72"/>
          <ticker value="BLURAC"/>
          <other otherDesc="SEDOL" value="BPJKDC8"/>
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        <balance>635000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>653875.3800000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bluepeak ABS Issuer LLC</name>
        <lei>N/A</lei>
        <title>Bluepeak ABS Issuer LLC 5.86</title>
        <cusip>09631QAA8</cusip>
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          <isin value="US09631QAA85"/>
          <ticker value="BPEAK"/>
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        <balance>450516.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>450267.6300000000</valUSD>
        <pctVal>0.1714332161</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.858000000000001</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>Boeing Co/The</name>
        <lei>RVHJWBXLJ1RFUBSY1F30</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Boston Gas Co</name>
        <lei>FN7P4E7K9JOBORDEUX61</lei>
        <title>Boston Gas Co 5.66 07/24/2036</title>
        <cusip>100743AQ6</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Boston Properties LP</name>
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        <title>Boston Properties LP 5.75 01/15/2035</title>
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          <isin value="US10112RBJ23"/>
          <ticker value="BXP"/>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BRAVO Residential Funding Trust 2025-NQM5</name>
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        <title>BRAVO Residential Funding Trust 2025-NQM5 5.80</title>
        <cusip>10569RAE2</cusip>
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          <isin value="US10569RAE27"/>
          <ticker value="BRAVO"/>
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        <balance>369670.4500000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Ciudad Autonoma De Buenos Aires/Government Bonds</name>
        <lei>5299007MC8RF52X0ON96</lei>
        <title>Ciudad Autonoma De Buenos Aires/Government Bonds 7.80 11/26/2033</title>
        <cusip>11943HAD1</cusip>
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          <isin value="US11943HAD17"/>
          <ticker value="BUEAIR"/>
          <other otherDesc="SEDOL" value="BTVKHT9"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-11-26</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>RIVERSPRING HLTH SENIOR</name>
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        <title>Build NYC Resource Corp 7.00% 12/15/2030</title>
        <cusip>12008EXX9</cusip>
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          <isin value="US12008EXX92"/>
          <ticker value="BUIGEN"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>7.000000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Builders FirstSource Inc</name>
        <lei>549300W0SKP6L3H7DP63</lei>
        <title>Builders FirstSource Inc 4.25 02/01/2032</title>
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          <isin value="US12008RAP29"/>
          <ticker value="BLDR"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000000</annualizedRt>
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      <invstOrSec>
        <name>RCKT Mortgage Trust 2024-CES4</name>
        <lei>N/A</lei>
        <title>RCKT Mortgage Trust 2024-CES4 6.67</title>
        <cusip>74939FAD9</cusip>
        <identifiers>
          <isin value="US74939FAD96"/>
          <ticker value="RCKT"/>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>RCKT Trust 2025-PL1</name>
        <lei>N/A</lei>
        <title>RCKT Trust 2025-PL1 5.42</title>
        <cusip>74939RAD3</cusip>
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          <other otherDesc="SEDOL" value="BRT81F5"/>
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        <issuerCat>CORP</issuerCat>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>RNL PH Owner LLC</name>
        <lei>N/A</lei>
        <title>RNL PH Owner LLC 5.59</title>
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          <ticker value="RLNT"/>
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        <balance>667117.0000000000</balance>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Radian Mortgage Capital Trust 2025-J4</name>
        <lei>N/A</lei>
        <title>Radian Mortgage Capital Trust 2025-J4 5.00</title>
        <cusip>75024UAX5</cusip>
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          <ticker value="RMCT"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>RATE Mortgage Trust 2026-J2</name>
        <lei>N/A</lei>
        <title>RATE Mortgage Trust 2026-J2 5.29</title>
        <cusip>75410WBC8</cusip>
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          <isin value="US75410WBC82"/>
          <ticker value="RATE"/>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>U.S. TREASURY</name>
        <lei>254900HROIFWPRGM1V77</lei>
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          <ticker value="T"/>
          <other otherDesc="SEDOL" value="BXW2BS9"/>
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        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>U.S. TREASURY</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond 4.25 07/31/2028</title>
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          <ticker value="T"/>
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        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>U.S. TREASURY</name>
        <lei>254900HROIFWPRGM1V77</lei>
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          <ticker value="T"/>
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        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>BX Commercial Mortgage Trust 2020-VIVA</name>
        <lei>N/A</lei>
        <title>BX Commercial Mortgage Trust 2020-VIVA 3.67</title>
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          <ticker value="BX"/>
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        <curCd>USD</curCd>
        <valUSD>369629.1600000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CCO Holdings LLC / CCO Holdings Capital Corp</name>
        <lei>N/A</lei>
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        <name>CMS Energy Corp</name>
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        <name>Caesars Entertainment Inc</name>
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        <name>Commercial Metals Co</name>
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        <name>Uniti Fiber Abs Issuer Llc</name>
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      <invstOrSec>
        <name>Core Scientific Finance I LLC</name>
        <lei>N/A</lei>
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          <isin value="US21874LAA08"/>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Coty Inc/HFC Prestige Products Inc/HFC Prestige International US LLC</name>
        <lei>N/A</lei>
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          <ticker value="COTY"/>
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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>COX Asset Mexico SA de CV</name>
        <lei>4469000001ERQUPOUR24</lei>
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          <ticker value="COXMEX"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Cox Communications Inc</name>
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        <title>Cox Communications Inc 5.70 06/15/2033</title>
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          <isin value="US224044CS42"/>
          <ticker value="COXENT"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Credit Agricole SA</name>
        <lei>969500TJ5KRTCJQWXH05</lei>
        <title>Credit Agricole SA (pfd) 4.75% 03/23/2175 Perpetual</title>
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          <isin value="US225313AP06"/>
          <ticker value="ACAFP"/>
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        <curCd>USD</curCd>
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        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UBS Group AG</name>
        <lei>549300SZJ9VS8SGXAN81</lei>
        <title>UBS Group AG 9.02 11/15/2033</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-15</maturityDt>
          <couponKind>Variable</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cross 2026-NQM3 Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Cross 2026-NQM3 Mortgage Trust 5.36</title>
        <cusip>227925AF1</cusip>
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          <isin value="US227925AF12"/>
          <ticker value="CROSS"/>
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        <balance>733915.3400000000</balance>
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        <curCd>USD</curCd>
        <valUSD>725341.9600000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2071-03-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.363000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>CSAIL 2019-C15 Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>CSAIL 2019-C15 Commercial Mortgage Trust 3.00</title>
        <cusip>22945DAY9</cusip>
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          <isin value="US22945DAY94"/>
          <ticker value="CSAIL"/>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>CyrusOne Data Centers Issuer I LLC</name>
        <lei>N/A</lei>
        <title>CyrusOne Data Centers Issuer I LLC 0.00</title>
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          <ticker value="CYRUS"/>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>DataBank Issuer</name>
        <lei>N/A</lei>
        <title>DataBank Issuer 5.12</title>
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          <ticker value="COLO"/>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>DataBank Issuer</name>
        <lei>N/A</lei>
        <title>DataBank Issuer 5.81</title>
        <cusip>23802WAQ4</cusip>
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          <isin value="US23802WAQ42"/>
          <ticker value="COLO"/>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Deephaven Residential Mortgage Trust 2021-3</name>
        <lei>N/A</lei>
        <title>Deephaven Residential Mortgage Trust 2021-3 1.19</title>
        <cusip>24381VAA8</cusip>
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          <isin value="US24381VAA89"/>
          <ticker value="DRMT"/>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Digicel International Finance Ltd / Difl US LLC</name>
        <lei>N/A</lei>
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          <ticker value="DIGDIF"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Discovery Communications LLC</name>
        <lei>L2Z2MO2EQURH3BREWI15</lei>
        <title>Discovery Communications LLC 3.95 03/20/2028</title>
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          <ticker value="WBD"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Discovery Communications LLC</name>
        <lei>L2Z2MO2EQURH3BREWI15</lei>
        <title>Discovery Communications LLC 4.13 05/15/2029</title>
        <cusip>25470DCQ0</cusip>
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          <ticker value="WBD"/>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Magallanes Inc</name>
        <lei>549300DXR29GD4N0A520</lei>
        <title>DISCOVERY GLOBAL HOLDINGS INC 2026 USD TERM LOAN B</title>
        <cusip>25472YAB7</cusip>
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          <ticker value="WBD"/>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Dominion Energy Inc</name>
        <lei>ILUL7B6Z54MRYCF6H308</lei>
        <title>Dominion Energy Inc (pfd) 4.35% 04/15/2175 Perpetual</title>
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        <curCd>USD</curCd>
        <valUSD>750511.6400000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Dominion Energy Inc</name>
        <lei>ILUL7B6Z54MRYCF6H308</lei>
        <title>Dominion Energy Inc 5.35 06/15/2036</title>
        <cusip>25746UEB1</cusip>
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          <isin value="US25746UEB17"/>
          <ticker value="D"/>
          <other otherDesc="SEDOL" value="BLN92R1"/>
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        <balance>354000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>343891.3100000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EDI ABS Issuer 1 LLC</name>
        <lei>N/A</lei>
        <title>EDI ABS Issuer 1 LLC 4.55</title>
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          <isin value="US268332AB90"/>
          <ticker value="ECORE"/>
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        <curCd>USD</curCd>
        <valUSD>281599.6800000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Eni SpA</name>
        <lei>BUCRF72VH5RBN7X3VL35</lei>
        <title>Eni SpA 5.25 05/18/2036</title>
        <cusip>26874RAW8</cusip>
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          <isin value="US26874RAW88"/>
          <ticker value="ENIIM"/>
          <other otherDesc="SEDOL" value="BQ3RJD5"/>
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        <balance>200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>193198.1900000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Eni SpA</name>
        <lei>BUCRF72VH5RBN7X3VL35</lei>
        <title>Eni SpA 6.00 05/18/2056</title>
        <cusip>26874RAY4</cusip>
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          <isin value="US26874RAY45"/>
          <ticker value="ENIIM"/>
          <other otherDesc="SEDOL" value="BQ852Z7"/>
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        <balance>200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>191072.8100000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-05-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ecolab Inc</name>
        <lei>82DYEISM090VG8LTLS26</lei>
        <title>Ecolab Inc 5.15 06/15/2033</title>
        <cusip>278865BW9</cusip>
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          <isin value="US278865BW98"/>
          <ticker value="ECL"/>
          <other otherDesc="SEDOL" value="BT3HHR6"/>
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        <balance>590000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>587446.9000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.150000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ecolab Inc</name>
        <lei>82DYEISM090VG8LTLS26</lei>
        <title>Ecolab Inc 5.35 06/15/2036</title>
        <cusip>278865BX7</cusip>
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          <isin value="US278865BX71"/>
          <ticker value="ECL"/>
          <other otherDesc="SEDOL" value="BT3HHS7"/>
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        <balance>500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>496513.8400000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.350000000000001</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EFMT 2024-CES1</name>
        <lei>N/A</lei>
        <title>EFMT 2024-CES1 5.80</title>
        <cusip>281907AB1</cusip>
        <identifiers>
          <isin value="US281907AB15"/>
          <ticker value="EFMT"/>
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        <balance>406000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>406115.0600000000</valUSD>
        <pctVal>0.1546227315</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-01-26</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.796000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Enbridge Inc</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
        <title>Enbridge Inc 6.00 01/15/2077</title>
        <cusip>29250NAN5</cusip>
        <identifiers>
          <isin value="US29250NAN57"/>
          <ticker value="ENBCN"/>
          <other otherDesc="SEDOL" value="BWH8VL8"/>
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        <balance>1015000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1018723.0200000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2077-01-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Enbridge Inc</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
        <title>Enbridge Inc 7.38 03/15/2055</title>
        <cusip>29250NCG8</cusip>
        <identifiers>
          <isin value="US29250NCG88"/>
          <ticker value="ENBCN"/>
          <other otherDesc="SEDOL" value="BPLVKV7"/>
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        <balance>458000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>478642.9800000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-03-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.375000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Energy Transfer LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>Energy Transfer LP (pfd) 6.25% 02/15/2175 Perpetual</title>
        <cusip>29273VAJ9</cusip>
        <identifiers>
          <isin value="US29273VAJ98"/>
          <ticker value="ET"/>
          <other otherDesc="SEDOL" value="BMHR7V7"/>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1108403.1200000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Energy Transfer LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>Energy Transfer LP (pfd) 7.13% 05/15/2175 Perpetual</title>
        <cusip>29273VAM2</cusip>
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          <isin value="US29273VAM28"/>
          <ticker value="ET"/>
          <other otherDesc="SEDOL" value="BMHR7W8"/>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>289193.4000000000</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>Energy Transfer LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>Energy Transfer LP 5.95 05/15/2054</title>
        <cusip>29273VAW0</cusip>
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          <isin value="US29273VAW00"/>
          <ticker value="ET"/>
          <other otherDesc="SEDOL" value="BQHNMW9"/>
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        <curCd>USD</curCd>
        <valUSD>621691.0400000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Energy Transfer LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>Energy Transfer LP 8.00 05/15/2054</title>
        <cusip>29273VAX8</cusip>
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          <ticker value="ET"/>
          <other otherDesc="SEDOL" value="BRF20T8"/>
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        <curCd>USD</curCd>
        <valUSD>385880.4900000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Enterprise Products Operating LLC</name>
        <lei>5493004LGN656HWLDA30</lei>
        <title>Enterprise Products Operating LLC 5.25 08/16/2077</title>
        <cusip>29379VBN2</cusip>
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          <ticker value="EPD"/>
          <other otherDesc="SEDOL" value="BF47Q58"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1066324.4400000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2077-08-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Enterprise Products Operating LLC</name>
        <lei>5493004LGN656HWLDA30</lei>
        <title>Enterprise Products Operating LLC 5.38 02/15/2078</title>
        <cusip>29379VBR3</cusip>
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          <isin value="US29379VBR33"/>
          <ticker value="EPD"/>
          <other otherDesc="SEDOL" value="BYWF668"/>
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        <balance>533000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>532823.3100000000</valUSD>
        <pctVal>0.0000000000</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>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Essent Group Ltd</name>
        <lei>254900QUO860OUT6ZF83</lei>
        <title>Essent Group Ltd 6.25 07/01/2029</title>
        <cusip>29669JAA7</cusip>
        <identifiers>
          <isin value="US29669JAA79"/>
          <ticker value="ESNT"/>
          <other otherDesc="SEDOL" value="BR2NPG6"/>
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        <balance>309000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>316823.4100000000</valUSD>
        <pctVal>0.1206261621</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Essential Properties LP</name>
        <lei>254900XX9FNFCDE1NX02</lei>
        <title>Essential Properties LP 5.38 07/15/2036</title>
        <cusip>29670VAC3</cusip>
        <identifiers>
          <isin value="US29670VAC37"/>
          <ticker value="EPRT"/>
          <other otherDesc="SEDOL" value="BR4V6G5"/>
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        <balance>545000.0000000000</balance>
        <units>PA</units>
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        <name>FNB Corp/PA</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Meta Platforms Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>FIP Master Funding LLC</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Fedex Freight Holding Co Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fibra SOMA Trust F/6185</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>FinBe USA Trust 2025-1</name>
        <lei>N/A</lei>
        <title>FinBe USA Trust 2025-1 6.60</title>
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          <isin value="US317967AB30"/>
          <ticker value="FINBE"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.600000000000001</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Flexential Issuer LLC</name>
        <lei>N/A</lei>
        <title>Flexential Issuer LLC 6.03</title>
        <cusip>33938MAK5</cusip>
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          <isin value="US33938MAK53"/>
          <ticker value="FLX"/>
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        <balance>247853.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>244311.7800000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PONTE VEDRA PINE OBLIG</name>
        <lei>N/A</lei>
        <title>Florida Local Government Finance Commission 6.75% 11/15/2030</title>
        <cusip>34077UAN0</cusip>
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          <isin value="US34077UAN00"/>
          <ticker value="FLSFAC"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Flowserve Corp</name>
        <lei>6Y0GK87T6V7NJKZJVM41</lei>
        <title>Flowserve Corp 5.70 05/15/2036</title>
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          <ticker value="FLS"/>
          <other otherDesc="SEDOL" value="BSHW372"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Ford Motor Credit Co LLC</name>
        <lei>UDSQCVRUX5BONN0VY111</lei>
        <title>Ford Motor Credit Co LLC 7.20 06/10/2030</title>
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          <ticker value="F"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Ford Motor Credit Co LLC</name>
        <lei>UDSQCVRUX5BONN0VY111</lei>
        <title>Ford Motor Credit Co LLC 6.11 08/15/2033</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Foundation Finance Trust 2026-1</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Foundry JV Holdco LLC</name>
        <lei>21380048QROAMGM6EP30</lei>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>Foundry JV Holdco LLC</name>
        <lei>21380048QROAMGM6EP30</lei>
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      <invstOrSec>
        <name>Freedom Mortgage Corp</name>
        <lei>549300LYRWPSYPK6S325</lei>
        <title>Freedom Mortgage Corp 6.63 01/15/2027</title>
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          <ticker value="FREMOR"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Freedom Mortgage Holdings LLC</name>
        <lei>254900ROJ91RGM43S156</lei>
        <title>Freedom Mortgage Holdings LLC 9.25 02/01/2029</title>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Freedom Mortgage Holdings LLC</name>
        <lei>254900ROJ91RGM43S156</lei>
        <title>Freedom Mortgage Holdings LLC 6.88 05/01/2031</title>
        <cusip>35641AAE8</cusip>
        <identifiers>
          <isin value="US35641AAE82"/>
          <ticker value="FREMOR"/>
          <other otherDesc="SEDOL" value="BWH3W54"/>
        </identifiers>
        <balance>25000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>23986.4200000000</valUSD>
        <pctVal>0.0091325000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.875000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GLP Capital LP / GLP Financing II Inc</name>
        <lei>N/A</lei>
        <title>GLP Capital LP / GLP Financing II Inc 5.63 03/01/2036</title>
        <cusip>361841AX7</cusip>
        <identifiers>
          <isin value="US361841AX75"/>
          <ticker value="GLPI"/>
          <other otherDesc="SEDOL" value="BVPN4P3"/>
        </identifiers>
        <balance>600000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>572082.4800000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.625000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GS Mortgage-Backed Securities Trust 2024-HE1</name>
        <lei>N/A</lei>
        <title>GS Mortgage-Backed Securities Trust 2024-HE1 5.24</title>
        <cusip>36270AAA2</cusip>
        <identifiers>
          <isin value="US36270AAA25"/>
          <ticker value="GSMBS"/>
        </identifiers>
        <balance>252083.2900000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>253069.3400000000</valUSD>
        <pctVal>0.0963526755</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.243189999999999</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>GS Mortgage-Backed Securities Trust 2025-NQM2</name>
        <lei>254900WJFO182DZH8M35</lei>
        <title>GS Mortgage-Backed Securities Trust 2025-NQM2 7.26</title>
        <cusip>36272EAE4</cusip>
        <identifiers>
          <isin value="US36272EAE41"/>
          <ticker value="GSMBS"/>
        </identifiers>
        <balance>550000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>553187.8000000000</valUSD>
        <pctVal>0.2106186573</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-06-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.260910000000000</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>GS Mortgage-Backed Securities Trust 2026-PJ7</name>
        <lei>N/A</lei>
        <title>GS Mortgage-Backed Securities Trust 2026-PJ7 5.50</title>
        <cusip>362982AD2</cusip>
        <identifiers>
          <isin value="US362982AD27"/>
          <ticker value="GSMBS"/>
        </identifiers>
        <balance>604272.8300000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>600927.3300000000</valUSD>
        <pctVal>0.2287948277</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-10-25</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>Global Atlantic Fin Co</name>
        <lei>98450051B2E65CAA7E94</lei>
        <title>Global Atlantic Fin Co 4.40 10/15/2029</title>
        <cusip>37959GAA5</cusip>
        <identifiers>
          <isin value="US37959GAA58"/>
          <ticker value="GBLATL"/>
          <other otherDesc="SEDOL" value="BKYC2J4"/>
        </identifiers>
        <balance>961000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>925788.0600000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.400000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Intercontinental Exchange Inc</name>
        <lei>5493000F4ZO33MV32P92</lei>
        <title>MARKIT CDX.NA.HY.46 06/31</title>
        <cusip>SP4T0FDR2</cusip>
        <identifiers>
          <ticker value="/CDS"/>
          <other otherDesc="Internal ID" value="SP4T0FDR2"/>
        </identifiers>
        <balance>4361000.0000000000</balance>
        <units>OU</units>
        <descOthUnits>Swap Contract Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-345361.5</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-20</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>Bank of America</counterpartyName>
              <counterpartyLei>B4TYDEB6GKMZO031MB27</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Markit CDX North America High Yield Index</issuerName>
                <issueTitle>Markit CDX North America High Yield Index Series 46</issueTitle>
                <identifiers>
                  <ticker value="CDX.NA.HY"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="Markit CDX North America High Yield Index Series 46" floatingRtSpread="0.000000000000" pmntAmt="0.000000000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Month" rateTenorUnit="3" resetDt="Month" resetDtUnit="3"/>
              </rtResetTenors>
            </floatingRecDesc>
            <fixedPmntDesc amount="-43004.3100000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="5.000000000000"/>
            <terminationDt>2031-06-20</terminationDt>
            <upfrontPmnt>0.000000000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>299663.819999999830</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>4361000.0000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-45697.67999999999</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>I7331LVCZKQKX5T7XV54</lei>
        <title>SWAP 12.98 01/02/31</title>
        <cusip>SLA5CB4A9</cusip>
        <identifiers>
          <ticker value="/SWAP"/>
          <other otherDesc="Internal ID" value="SLA5CB4A9"/>
        </identifiers>
        <balance>12000000.0000000000</balance>
        <units>OU</units>
        <descOthUnits>Swap Contract Amount</descOthUnits>
        <currencyConditional curCd="BRL" exchangeRt="5.1815500000"/>
        <valUSD>-150336.08999999985</valUSD>
        <pctVal>-0.0572384015</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-02</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>Morgan Stanley</counterpartyName>
              <counterpartyLei>I7331LVCZKQKX5T7XV54</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Brazil Interbank Deposit Rate</issuerName>
                <issueTitle>Brazil Interbank Deposit Rate</issueTitle>
                <identifiers>
                  <ticker value="BZDIOVRA"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="0.0000000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="12.982500000000"/>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="BZDIOVRA" floatingRtSpread="0.000000000000" pmntAmt="0.000000000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Year" rateTenorUnit="5" resetDt="Day" resetDtUnit="1"/>
              </rtResetTenors>
            </floatingPmntDesc>
            <terminationDt>2031-01-02</terminationDt>
            <upfrontPmnt>0.000000000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.000000000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>12000000.0000000000</notionalAmt>
            <curCd>BRL</curCd>
            <unrealizedAppr>-150336.09</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-10-29</ncom:dateSigned>
      <ncom:nameOfApplicant>American Century ETF Trust</ncom:nameOfApplicant>
      <ncom:signature>Amy R. Bitter</ncom:signature>
      <ncom:signerName>Amy R. Bitter</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
