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        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-01-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000000</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>Regions Bank/Birmingham AL</name>
        <lei>EQTWLK1G7ODGC2MGLV11</lei>
        <title>Regions Bank/Birmingham AL 4.76 07/27/2029</title>
        <cusip>759187JX6</cusip>
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          <isin value="US759187JX65"/>
          <ticker value="RF"/>
          <other otherDesc="SEDOL" value="BSLPZJ3"/>
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        <curCd>USD</curCd>
        <valUSD>896662.4600000000</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>2029-07-27</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.755000000000000</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Research-Driven Pagaya Motor Asset Trust 2025-4</name>
        <lei>N/A</lei>
        <title>Research-Driven Pagaya Motor Asset Trust 2025-4 5.50</title>
        <cusip>76089MAC9</cusip>
        <identifiers>
          <isin value="US76089MAC91"/>
          <ticker value="RPM"/>
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        <balance>475220.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>475616.3300000000</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>2034-04-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.497000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Research-Driven Pagaya Motor Asset Trust 2026-1</name>
        <lei>N/A</lei>
        <title>Research-Driven Pagaya Motor Asset Trust 2026-1 5.69</title>
        <cusip>76100KAE4</cusip>
        <identifiers>
          <isin value="US76100KAE47"/>
          <ticker value="RPM"/>
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        <balance>390600.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>383157.7400000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.689000000000000</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>Rio Grande LNG LLC</name>
        <lei>549300B7F0EABT50P531</lei>
        <title>Rio Grande LNG LLC 5.25 06/30/2031</title>
        <cusip>76711AAB3</cusip>
        <identifiers>
          <isin value="US76711AAB35"/>
          <ticker value="RIOLNG"/>
          <other otherDesc="SEDOL" value="BPY0MD7"/>
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        <balance>1030000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1018583.7300000000</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>2031-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SHR Trust 2024-LXRY</name>
        <lei>N/A</lei>
        <title>SHR Trust 2024-LXRY 6.09</title>
        <cusip>784234AC0</cusip>
        <identifiers>
          <isin value="US784234AC03"/>
          <ticker value="SHR"/>
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        <balance>247000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>247869.2900000000</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>2041-10-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.089200000000000</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>SEB Funding LLC</name>
        <lei>N/A</lei>
        <title>SEB Funding LLC 7.39</title>
        <cusip>78433DAC8</cusip>
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          <isin value="US78433DAC83"/>
          <ticker value="SEB4P"/>
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        <balance>343216.2800000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>347193.9200000000</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>2054-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.386000000000000</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>SCG 2024-MSP Mortgage Trust</name>
        <lei>N/A</lei>
        <title>SCG 2024-MSP Mortgage Trust 6.08</title>
        <cusip>78436EAC3</cusip>
        <identifiers>
          <isin value="US78436EAC30"/>
          <ticker value="SCG"/>
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        <balance>261000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>261424.5900000000</valUSD>
        <pctVal>0.0896986363</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-04-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.079200000000000</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>SS&amp;C Technologies Inc</name>
        <lei>549300KY09TR3J12JU49</lei>
        <title>SS&amp;C Technologies Inc 6.50 06/01/2032</title>
        <cusip>78466CAD8</cusip>
        <identifiers>
          <isin value="US78466CAD83"/>
          <ticker value="SSNC"/>
          <other otherDesc="SEDOL" value="BNZHS79"/>
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        <balance>610000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>618339.3100000000</valUSD>
        <pctVal>0.2121613460</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-01</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>SWCH Commercial Mortgage Trust 2025-DATA</name>
        <lei>N/A</lei>
        <title>SWCH Commercial Mortgage Trust 2025-DATA 5.08</title>
        <cusip>78489CAA7</cusip>
        <identifiers>
          <isin value="US78489CAA71"/>
          <ticker value="SWCH"/>
          <other otherDesc="SEDOL" value="BTRFVR4"/>
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        <balance>246000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>244323.3400000000</valUSD>
        <pctVal>0.0838309450</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-02-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.082100000000001</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>Santander Mortgage Asset Receivable Trust 2025-NQM3</name>
        <lei>N/A</lei>
        <title>Santander Mortgage Asset Receivable Trust 2025-NQM3 5.85</title>
        <cusip>80263AAD3</cusip>
        <identifiers>
          <isin value="US80263AAD37"/>
          <ticker value="SAN"/>
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        <balance>1518388.7800000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1515790.2100000000</valUSD>
        <pctVal>0.5200899991</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.852000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Santander Mortgage Asset Receivable Trust 2026-NQMS1</name>
        <lei>254900U2GYIIS9QNE495</lei>
        <title>Santander Mortgage Asset Receivable Trust 2026-NQMS1 6.00</title>
        <cusip>802645AG6</cusip>
        <identifiers>
          <isin value="US802645AG69"/>
          <ticker value="SAN"/>
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        <balance>747088.1900000000</balance>
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        <curCd>USD</curCd>
        <valUSD>742601.4000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</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>
        <name>Santander Mortgage Asset Receivable Trust 2025-Ces1</name>
        <lei>254900WEZWXJLYHMU869</lei>
        <title>Santander Mortgage Asset Receivable Trust 2025-Ces1 5.04</title>
        <cusip>802650AB7</cusip>
        <identifiers>
          <isin value="US802650AB74"/>
          <ticker value="SAN"/>
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        <balance>575574.9900000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>568243.2600000000</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>
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          <couponKind>Variable</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Santander Mortgage Asset Receivable Trust 2026-NQM3</name>
        <lei>2549005ZY4JF8SF73087</lei>
        <title>Santander Mortgage Asset Receivable Trust 2026-NQM3 5.18</title>
        <cusip>802929AC3</cusip>
        <identifiers>
          <isin value="US802929AC37"/>
          <ticker value="SAN"/>
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        <balance>539198.5900000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>533630.3900000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2066-03-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.176000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Santander Mortgage Asset Receivable Trust 2026-CES1</name>
        <lei>25490018SHMEBF8BBD83</lei>
        <title>Santander Mortgage Asset Receivable Trust 2026-CES1 4.88</title>
        <cusip>802932AA1</cusip>
        <identifiers>
          <isin value="US802932AA18"/>
          <ticker value="SAN"/>
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        <balance>710588.4500000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>699417.7200000000</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>2056-01-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.876000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Banco Davivienda SA</name>
        <lei>549300P161V4IPKAQS70</lei>
        <title>Banco Davivienda SA (pfd) 6.65% 10/22/2174 Perpetual</title>
        <cusip>059501AD8</cusip>
        <identifiers>
          <isin value="US059501AD88"/>
          <ticker value="DAVIVI"/>
          <other otherDesc="SEDOL" value="BMD52V0"/>
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        <balance>811000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>769931.2800000000</valUSD>
        <pctVal>0.2641747889</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Banco Mercantil del Norte SA/Grand Cayman</name>
        <lei>549300QTVYRPFHS0J362</lei>
        <title>Banco Mercantil del Norte SA/Grand Cayman (pfd) 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>600000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>604763.4000000000</valUSD>
        <pctVal>0.2075032508</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>
        </securityLending>
      </invstOrSec>
      <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>
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        <name>Bank of America Corp</name>
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        <name>Banque Federative du Credit Mutuel SA</name>
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        <name>Benchmark 2018-B5 Mortgage Trust</name>
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        <name>BINOM Mortgage Loan Trust 2026-NQM1</name>
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      <invstOrSec>
        <name>Blackstone Private Credit Fund</name>
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        <name>Blackstone Private Credit Fund</name>
        <lei>549300ORP3TTCNXSYO43</lei>
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        <name>Enbridge Inc</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
        <title>Enbridge Inc 6.00 01/15/2077</title>
        <cusip>29250NAN5</cusip>
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        <curCd>USD</curCd>
        <valUSD>1370006.8200000000</valUSD>
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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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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Enbridge Inc</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
        <title>Enbridge Inc 7.38 03/15/2055</title>
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          <isin value="US29250NCG88"/>
          <ticker value="ENBCN"/>
          <other otherDesc="SEDOL" value="BPLVKV7"/>
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        <curCd>USD</curCd>
        <valUSD>785894.1400000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-03-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.375000000000000</annualizedRt>
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      <invstOrSec>
        <name>Energy Transfer LP</name>
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        <cusip>29273VAJ9</cusip>
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          <isin value="US29273VAJ98"/>
          <ticker value="ET"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>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"/>
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        <curCd>USD</curCd>
        <valUSD>298455.8200000000</valUSD>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <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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          <isin value="US29273VAX82"/>
          <ticker value="ET"/>
          <other otherDesc="SEDOL" value="BRF20T8"/>
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        <curCd>USD</curCd>
        <valUSD>559946.1400000000</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>Variable</couponKind>
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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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          <isin value="US29379VBN29"/>
          <ticker value="EPD"/>
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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>2077-08-16</maturityDt>
          <couponKind>Variable</couponKind>
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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>
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          <isin value="US29379VBR33"/>
          <ticker value="EPD"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Equinix Asia Financing Corp Pte Ltd</name>
        <lei>2549002E9B0F5FQ3X427</lei>
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        <cusip>29447KAA3</cusip>
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          <ticker value="EQIX"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Essent Group Ltd</name>
        <lei>254900QUO860OUT6ZF83</lei>
        <title>Essent Group Ltd 6.25 07/01/2029</title>
        <cusip>29669JAA7</cusip>
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          <isin value="US29669JAA79"/>
          <ticker value="ESNT"/>
          <other otherDesc="SEDOL" value="BR2NPG6"/>
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        <balance>354000.0000000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Evergy Missouri West Inc</name>
        <lei>EZIFUDC0VSUS6T6LCG85</lei>
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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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      <invstOrSec>
        <name>FNB Corp/PA</name>
        <lei>PCYSKIGYNYFDTBLVZU83</lei>
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        <cusip>302520AD3</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>FIP Master Funding LLC</name>
        <lei>N/A</lei>
        <title>FIP Master Funding LLC 5.39</title>
        <cusip>30332YAR2</cusip>
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          <ticker value="FI"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FS Rialto 2024-FL9 Issuer LLC</name>
        <lei>N/A</lei>
        <title>FS Rialto 2024-FL9 Issuer LLC 5.28</title>
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          <ticker value="FSRIA"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac Strips</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac Strips 2.00</title>
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          <ticker value="FHS"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <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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        <curCd>USD</curCd>
        <valUSD>943266.0700000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fedex Freight Holding Co Inc</name>
        <lei>984500Y1DA5A58ICE336</lei>
        <title>Fedex Freight Holding Co Inc 4.65 03/15/2031</title>
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          <ticker value="FDXF"/>
          <other otherDesc="SEDOL" value="BWRNHY8"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.650000000000000</annualizedRt>
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      <invstOrSec>
        <name>Fifth Third Bancorp</name>
        <lei>THRNG6BD57P9QWTQLG42</lei>
        <title>Fifth Third Bancorp 5.98 01/30/2030</title>
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          <ticker value="FITB"/>
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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>
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          <couponKind>Variable</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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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>
        <cusip>317967AB3</cusip>
        <identifiers>
          <isin value="US317967AB30"/>
          <ticker value="FINBE"/>
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        <balance>562000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>557454.4300000000</valUSD>
        <pctVal>0.1912708448</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <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>
          <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>PONTE VEDRA PINE OBLIG</name>
        <lei>N/A</lei>
        <title>Florida Local Government Finance Commission 6.75% 11/15/2030</title>
        <cusip>34077UAN0</cusip>
        <identifiers>
          <isin value="US34077UAN00"/>
          <ticker value="FLSFAC"/>
        </identifiers>
        <balance>210000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>207590.4400000000</valUSD>
        <pctVal>0.0712273447</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.750000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BFLD Trust 2025-FPM</name>
        <lei>N/A</lei>
        <title>BFLD Trust 2025-FPM 5.78</title>
        <cusip>05556HAC3</cusip>
        <identifiers>
          <isin value="US05556HAC34"/>
          <ticker value="BFLD"/>
        </identifiers>
        <balance>105000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>104207.8600000000</valUSD>
        <pctVal>0.0357552552</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-10-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.779453999999999</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>BDS 2026-FL18 LLC</name>
        <lei>N/A</lei>
        <title>BDS 2026-FL18 LLC 4.95</title>
        <cusip>05557UAA7</cusip>
        <identifiers>
          <isin value="US05557UAA79"/>
          <ticker value="BDS"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1000925.5000000000</valUSD>
        <pctVal>0.3434323160</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-02-19</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.947300000000000</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>BNP Paribas SA</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
        <title>BNP Paribas SA (pfd) 8.50% 02/14/2175 Perpetual</title>
        <cusip>05565A5R0</cusip>
        <identifiers>
          <isin value="US05565A5R02"/>
          <ticker value="BNP"/>
          <other otherDesc="SEDOL" value="BQH61V0"/>
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        <balance>1065000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1119356.5400000000</valUSD>
        <pctVal>0.3840677543</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BXMT 2021-FL4 Ltd</name>
        <lei>N/A</lei>
        <title>BXMT 2021-FL4 Ltd 5.30</title>
        <cusip>05609GAC2</cusip>
        <identifiers>
          <isin value="US05609GAC24"/>
          <ticker value="BXMT"/>
        </identifiers>
        <balance>250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>250177.7000000000</valUSD>
        <pctVal>0.0858396623</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-05-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.303680000000000</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>BSPRT 2023-FL10 Issuer Ltd</name>
        <lei>N/A</lei>
        <title>BSPRT 2023-FL10 Issuer Ltd 5.90</title>
        <cusip>05610VAA0</cusip>
        <identifiers>
          <isin value="US05610VAA08"/>
          <ticker value="BSPRT"/>
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        <balance>17506.6900000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>17510.7100000000</valUSD>
        <pctVal>0.0060081831</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-09-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.898200000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Banco 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>497000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>531797.4600000000</valUSD>
        <pctVal>0.1824675596</pctVal>
        <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>
        </securityLending>
      </invstOrSec>
      <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>800000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>801564.8000000000</valUSD>
        <pctVal>0.2750287166</pctVal>
        <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>
        </securityLending>
      </invstOrSec>
      <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>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>455164.0800000000</valUSD>
        <pctVal>0.1561735156</pctVal>
        <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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Blackstone Secured Lending Fund</name>
        <lei>549300KM7KWQHVBNH962</lei>
        <title>Blackstone Secured Lending Fund 2.75 09/16/2026</title>
        <cusip>09261XAB8</cusip>
        <identifiers>
          <isin value="US09261XAB82"/>
          <ticker value="BXSL"/>
          <other otherDesc="SEDOL" value="BMZ6HG1"/>
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        <balance>466000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>465654.6100000000</valUSD>
        <pctVal>0.1597729713</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.750000000000000</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>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>1260000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1297453.5000000000</valUSD>
        <pctVal>0.4451754505</pctVal>
        <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>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bluepeak ABS Issuer LLC</name>
        <lei>N/A</lei>
        <title>Bluepeak ABS Issuer LLC 5.86</title>
        <cusip>09631QAA8</cusip>
        <identifiers>
          <isin value="US09631QAA85"/>
          <ticker value="BPEAK"/>
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        <balance>403846.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>403623.3600000000</valUSD>
        <pctVal>0.1384891336</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-12-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.858000000000001</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Boeing Co/The</name>
        <lei>RVHJWBXLJ1RFUBSY1F30</lei>
        <title>Boeing Co/The 6.30 05/01/2029</title>
        <cusip>097023DQ5</cusip>
        <identifiers>
          <isin value="US097023DQ55"/>
          <ticker value="BA"/>
          <other otherDesc="SEDOL" value="BPLNHF6"/>
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        <balance>1349000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1393986.8800000000</valUSD>
        <pctVal>0.4782974784</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.298000000000000</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>BRAVO Residential Funding Trust 2024-NQM2</name>
        <lei>N/A</lei>
        <title>BRAVO Residential Funding Trust 2024-NQM2 6.59</title>
        <cusip>10569KAC1</cusip>
        <identifiers>
          <isin value="US10569KAC18"/>
          <ticker value="BRAVO"/>
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        <balance>392315.3500000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>393114.2200000000</valUSD>
        <pctVal>0.1348832925</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2064-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.589000000000000</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>Bravo Residential Funding Trust 2025-NQM9</name>
        <lei>254900XY2WSFF1Q6S467</lei>
        <title>Bravo Residential Funding Trust 2025-NQM9 5.55</title>
        <cusip>10569WAE1</cusip>
        <identifiers>
          <isin value="US10569WAE12"/>
          <ticker value="BRAVO"/>
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        <balance>342633.1200000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>339793.5100000000</valUSD>
        <pctVal>0.1165881698</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-09-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.551000000000000</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>BRAVO Residential Funding Trust 2025-NQM4</name>
        <lei>25490082TY9NA9XBGW19</lei>
        <title>BRAVO Residential Funding Trust 2025-NQM4 5.82</title>
        <cusip>10570QAG6</cusip>
        <identifiers>
          <isin value="US10570QAG64"/>
          <ticker value="BRAVO"/>
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        <balance>381300.2200000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>380890.5900000000</valUSD>
        <pctVal>0.1306891846</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.816000000000000</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>BRAVO Residential Funding Trust 2025-NQM7</name>
        <lei>254900I1LYOO3G3UAT10</lei>
        <title>BRAVO Residential Funding Trust 2025-NQM7 5.46</title>
        <cusip>10570TAB1</cusip>
        <identifiers>
          <isin value="US10570TAB17"/>
          <ticker value="BRAVO"/>
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        <balance>225753.3800000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>BRAVO Residential Funding Trust 2026-CES1</name>
        <lei>254900J5U90LUAKSAW04</lei>
        <title>BRAVO Residential Funding Trust 2026-CES1 5.25</title>
        <cusip>105926AA7</cusip>
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          <isin value="US105926AA71"/>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>RIVERSPRING HLTH SENIOR</name>
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          <isin value="US12008EXX92"/>
          <ticker value="BUIGEN"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.000000000000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CCO Holdings LLC / CCO Holdings Capital Corp</name>
        <lei>N/A</lei>
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        <cusip>1248EPBX0</cusip>
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          <isin value="US1248EPBX05"/>
          <ticker value="CHTR"/>
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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>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CCO Holdings LLC / CCO Holdings Capital Corp</name>
        <lei>N/A</lei>
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          <ticker value="CHTR"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Capital Automotive REIT</name>
        <lei>N/A</lei>
        <title>Capital Automotive REIT 5.55</title>
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          <isin value="US12510HBF64"/>
          <ticker value="CAUTO"/>
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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>2056-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.550000000000000</annualizedRt>
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      <invstOrSec>
        <name>CFE Fibra E</name>
        <lei>N/A</lei>
        <title>CFE Fibra E 5.88 09/23/2040</title>
        <cusip>125276AA3</cusip>
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          <isin value="US125276AA34"/>
          <ticker value="FCFEMM"/>
          <other otherDesc="SEDOL" value="BVN5GN3"/>
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        <balance>395379.3300000000</balance>
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        <valUSD>382252.7400000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-09-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.875000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CLI Funding IX LLC</name>
        <lei>2549008S2Z91ASJFZL83</lei>
        <title>CLI Funding IX LLC 5.63</title>
        <cusip>12571WAA1</cusip>
        <identifiers>
          <isin value="US12571WAA18"/>
          <ticker value="CLIF"/>
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        <balance>898905.1700000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>898519.0900000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-07-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.630000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CIFC Funding Ltd</name>
        <lei>N/A</lei>
        <title>CIFC Funding 2025-VII Ltd 4.93</title>
        <cusip>12575VAA9</cusip>
        <identifiers>
          <isin value="US12575VAA98"/>
          <ticker value="CIFC"/>
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        <balance>675000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>675984.9600000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-01-22</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.933219999999999</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CMS Energy Corp</name>
        <lei>549300IA9XFBAGNIBW29</lei>
        <title>CMS Energy Corp 4.75 06/01/2050</title>
        <cusip>125896BU3</cusip>
        <identifiers>
          <isin value="US125896BU39"/>
          <ticker value="CMS"/>
          <other otherDesc="SEDOL" value="BLD8NV9"/>
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        <balance>401000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>389373.0900000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-06-01</maturityDt>
          <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>
        <name>Chpe LLC</name>
        <lei>2549001XI2F7Q85COR50</lei>
        <title>Chpe LLC 4.88 06/30/2031</title>
        <cusip>12602LAA8</cusip>
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          <ticker value="CHPELL"/>
          <other otherDesc="SEDOL" value="BV4G486"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.875000000000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Canadian Imperial Bank of Commerce</name>
        <lei>2IGI19DL77OX0HC3ZE78</lei>
        <title>Canadian Imperial Bank of Commerce 7.00 10/28/2085</title>
        <cusip>13607P7Y4</cusip>
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          <ticker value="CM"/>
          <other otherDesc="SEDOL" value="BT8PHX1"/>
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        <curCd>USD</curCd>
        <valUSD>1000974.6700000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>7.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Canon Music Issuer Trust</name>
        <lei>N/A</lei>
        <title>Canon Music Issuer Trust 5.52</title>
        <cusip>138011AA9</cusip>
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          <isin value="US138011AA94"/>
          <ticker value="CANON"/>
          <other otherDesc="SEDOL" value="BW0TV96"/>
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        <curCd>USD</curCd>
        <valUSD>498349.3600000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2076-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.521000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Capital One Financial Corp</name>
        <lei>ZUE8T73ROZOF6FLBAR73</lei>
        <title>Capital One Financial Corp (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>
        <curCd>USD</curCd>
        <valUSD>970187.4500000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Carnival Corp Ltd</name>
        <lei>F1OF2ZSX47CR0BCWA982</lei>
        <title>Carnival Corp Ltd 5.13 05/01/2029</title>
        <cusip>143658CB6</cusip>
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          <isin value="US143658CB65"/>
          <ticker value="CCL"/>
          <other otherDesc="SEDOL" value="BV2JDT1"/>
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        <balance>1071000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1066085.5000000000</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>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Cenovus Energy Inc</name>
        <lei>254900LJGL2N2XEMD470</lei>
        <title>Cenovus Energy Inc 4.65 03/20/2031</title>
        <cusip>15135UBA6</cusip>
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          <ticker value="CVECN"/>
          <other otherDesc="SEDOL" value="BV4GSX9"/>
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        <curCd>USD</curCd>
        <valUSD>1473920.0500000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-20</maturityDt>
          <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>Centersquare Issuer LLC</name>
        <lei>N/A</lei>
        <title>Centersquare Issuer LLC 5.00</title>
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          <isin value="US15201EAK01"/>
          <ticker value="CNSQ"/>
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        <curCd>USD</curCd>
        <valUSD>343037.0400000000</valUSD>
        <pctVal>0.1177010728</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-08-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Chase Home Lending Mortgage Trust Series 2025-9</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Chase Home Lending Mortgage Trust 2025-8</name>
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        <title>Chase Home Lending Mortgage Trust 2025-8 6.25</title>
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      <invstOrSec>
        <name>Chase Home Lending Mortgage Trust 2026-4</name>
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        <title>Chase Home Lending Mortgage Trust 2026-4 5.50</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Chase Home Lending Mortgage Trust 2026-9</name>
        <lei>N/A</lei>
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          <isin value="US16190BAK70"/>
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        <assetCat>ABS-MBS</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Chase Home Lending Mortgage Trust 2026-9</name>
        <lei>N/A</lei>
        <title>Chase Home Lending Mortgage Trust 2026-9 5.50</title>
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          <isin value="US16190BAW19"/>
          <ticker value="CHASE"/>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Chase Home Lending Mortgage Trust Series 2024-2</name>
        <lei>N/A</lei>
        <title>Chase Home Lending Mortgage Trust Series 2024-2 6.00</title>
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        <identifiers>
          <isin value="US161929BH65"/>
          <ticker value="CHASE"/>
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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>Corebridge Global Funding</name>
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          <ticker value="CRBG"/>
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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>ACM Auto Trust 2025-4</name>
        <lei>N/A</lei>
        <title>ACM Auto Trust 2025-4 5.87</title>
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        <fairValLevel>2</fairValLevel>
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        <name>ACM Auto Trust 2025-2</name>
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        <name>ACM Auto Trust 2025-2</name>
        <lei>N/A</lei>
        <title>ACM Auto Trust 2025-2 7.25</title>
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        <name>ACM Auto Trust 2025-3</name>
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        <name>AREIT 2026-CRE12 Ltd</name>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>AS Mileage Plan IP Ltd</name>
        <lei>N/A</lei>
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          <ticker value="ALK"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AS Mileage Plan IP Ltd</name>
        <lei>N/A</lei>
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          <ticker value="ALK"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-10-20</maturityDt>
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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>Adams Outdoor Advertising LP</name>
        <lei>549300BTFXNHDCUHER30</lei>
        <title>Adams Outdoor Advertising LP 6.39</title>
        <cusip>006346BA7</cusip>
        <identifiers>
          <isin value="US006346BA72"/>
          <ticker value="ADMSO"/>
          <other otherDesc="SEDOL" value="BWL86R5"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>996656.0000000000</valUSD>
        <pctVal>0.3419673875</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-07-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.392000000000000</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>Advance Auto Parts Inc</name>
        <lei>529900UCNQ5H9FSL0Y70</lei>
        <title>Advance Auto Parts Inc 7.00 08/01/2030</title>
        <cusip>00751YAK2</cusip>
        <identifiers>
          <isin value="US00751YAK29"/>
          <ticker value="AAP"/>
          <other otherDesc="SEDOL" value="BPK4QX1"/>
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        <balance>1097000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1122263.6400000000</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>2030-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Aimco CDO</name>
        <lei>2549005IX0D6XDJNNS95</lei>
        <title>AIMCO CLO 18 Ltd 0.00</title>
        <cusip>00889EBS3</cusip>
        <identifiers>
          <isin value="US00889EBS37"/>
          <ticker value="AIMCO"/>
          <other otherDesc="SEDOL" value="BVJ1VX0"/>
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        <balance>700000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>701321.3200000000</valUSD>
        <pctVal>0.2406336987</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sumisho Air Lease Corp</name>
        <lei>5493004NW4M4P8TMMK63</lei>
        <title>Sumisho Air Lease Corp (pfd) 8.26% 06/15/2175 Perpetual</title>
        <cusip>00912XBJ2</cusip>
        <identifiers>
          <isin value="US00912XBJ28"/>
          <ticker value="SUMIAL"/>
          <other otherDesc="SEDOL" value="BMZ9QP2"/>
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        <balance>205000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>206288.4300000000</valUSD>
        <pctVal>0.0707806058</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>
      <invstOrSec>
        <name>Aircastle Ltd</name>
        <lei>549300PNK8AKY3OIKP58</lei>
        <title>Aircastle Ltd 6.50 07/18/2028</title>
        <cusip>00928QAX9</cusip>
        <identifiers>
          <isin value="US00928QAX97"/>
          <ticker value="AYR"/>
          <other otherDesc="SEDOL" value="BQ9CJW3"/>
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        <balance>280000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>287396.2300000000</valUSD>
        <pctVal>0.0986098894</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.500000000000000</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>Ovintiv Inc</name>
        <lei>2549003MEX7YMKLGI239</lei>
        <title>Ovintiv Inc 7.38 11/01/2031</title>
        <cusip>012873AK1</cusip>
        <identifiers>
          <isin value="US012873AK13"/>
          <ticker value="OVV"/>
          <other otherDesc="SEDOL" value="2835772"/>
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        <balance>147000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>160566.2100000000</valUSD>
        <pctVal>0.0550926371</pctVal>
        <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>790000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>766353.1700000000</valUSD>
        <pctVal>0.2629470865</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>
          <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>Ally Financial Inc</name>
        <lei>549300JBN1OSM8YNAI90</lei>
        <title>Ally Financial Inc (pfd) 4.70% 08/15/2175 Perpetual</title>
        <cusip>02005NBN9</cusip>
        <identifiers>
          <isin value="US02005NBN93"/>
          <ticker value="ALLY"/>
          <other otherDesc="SEDOL" value="BN0ZM87"/>
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        <balance>1010000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>980371.3500000000</valUSD>
        <pctVal>0.3363798837</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>Alphabet Inc</name>
        <lei>5493006MHB84DD0ZWV18</lei>
        <title>Alphabet Inc 4.63 08/10/2029</title>
        <cusip>02079KCN5</cusip>
        <identifiers>
          <isin value="US02079KCN54"/>
          <ticker value="GOOGL"/>
          <other otherDesc="SEDOL" value="BWK81H1"/>
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        <balance>590000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>588491.7400000000</valUSD>
        <pctVal>0.2019202041</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.625000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Amazon.com Inc</name>
        <lei>ZXTILKJKG63JELOEG630</lei>
        <title>Amazon.com Inc 4.25 03/13/2031</title>
        <cusip>023135DD5</cusip>
        <identifiers>
          <isin value="US023135DD51"/>
          <ticker value="AMZN"/>
          <other otherDesc="SEDOL" value="BS0DS00"/>
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        <balance>660000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>640356.9700000000</valUSD>
        <pctVal>0.2197159302</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </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>77346.8400000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>76930.4800000000</valUSD>
        <pctVal>0.0263959834</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>
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      </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 7.03</title>
        <cusip>161931AT7</cusip>
        <identifiers>
          <isin value="US161931AT76"/>
          <ticker value="CHASE"/>
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        <balance>509049.1000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>529435.9600000000</valUSD>
        <pctVal>0.1816572941</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>7.029096999999999</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>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"/>
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        <balance>365000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>367515.9500000000</valUSD>
        <pctVal>0.1261001482</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Cherry Securitization Trust 2026-1</name>
        <lei>N/A</lei>
        <title>Cherry Securitization Trust 2026-1 5.43</title>
        <cusip>16473TAA8</cusip>
        <identifiers>
          <isin value="US16473TAA88"/>
          <ticker value="CHRY"/>
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        <balance>566000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>564870.2600000000</valUSD>
        <pctVal>0.1938153256</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.430000000000000</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 4.60 07/09/2029</title>
        <cusip>023135EB8</cusip>
        <identifiers>
          <isin value="US023135EB86"/>
          <ticker value="AMZN"/>
          <other otherDesc="SEDOL" value="BVK0M66"/>
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        <balance>695000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>691914.2300000000</valUSD>
        <pctVal>0.2374059872</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.600000000000001</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Amazon.com Inc</name>
        <lei>ZXTILKJKG63JELOEG630</lei>
        <title>Amazon.com Inc 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>750000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>743293.7700000000</valUSD>
        <pctVal>0.2550350660</pctVal>
        <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>
        </securityLending>
      </invstOrSec>
      <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>259988.0700000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>260157.4800000000</valUSD>
        <pctVal>0.0892638722</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>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Global Net Lease Inc</name>
        <lei>549300NUYANCT5SU8Z65</lei>
        <title>Global Net Lease Inc 4.50 09/30/2028</title>
        <cusip>02608AAA7</cusip>
        <identifiers>
          <isin value="US02608AAA79"/>
          <ticker value="GNL"/>
          <other otherDesc="SEDOL" value="BPBRT30"/>
        </identifiers>
        <balance>1410000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1382739.0600000000</valUSD>
        <pctVal>0.4744381853</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>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"/>
        </identifiers>
        <balance>26861.7000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>26112.4900000000</valUSD>
        <pctVal>0.0089595808</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.579000000000000</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>Apollo Debt Solutions BDC</name>
        <lei>549300UMUGX092P8DW87</lei>
        <title>Apollo Debt Solutions BDC 5.20 12/08/2028</title>
        <cusip>03770DAH6</cusip>
        <identifiers>
          <isin value="US03770DAH61"/>
          <ticker value="APODS"/>
          <other otherDesc="SEDOL" value="BWH3W09"/>
        </identifiers>
        <balance>450000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>443637.0700000000</valUSD>
        <pctVal>0.1522184283</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.200000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Apidos CLO</name>
        <lei>2549003C3B2NUHQ1XK34</lei>
        <title>Apidos Clo Lviii 0.00</title>
        <cusip>03790MAA7</cusip>
        <identifiers>
          <isin value="US03790MAA71"/>
          <ticker value="APID"/>
        </identifiers>
        <balance>675000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>675505.3700000000</valUSD>
        <pctVal>0.2317758651</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-10-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AppLovin Corp</name>
        <lei>549300LLVXMUAOL3SQ07</lei>
        <title>AppLovin Corp 5.13 12/01/2029</title>
        <cusip>03831WAB4</cusip>
        <identifiers>
          <isin value="US03831WAB46"/>
          <ticker value="APP"/>
          <other otherDesc="SEDOL" value="BX9HHC3"/>
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        <balance>1163000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1165134.9100000000</valUSD>
        <pctVal>0.3997749889</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.125000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aqua Finance Issuer Trust 2025-B</name>
        <lei>N/A</lei>
        <title>Aqua Finance Issuer Trust 2025-B 6.16</title>
        <cusip>03837GAD9</cusip>
        <identifiers>
          <isin value="US03837GAD97"/>
          <ticker value="AQFIT"/>
        </identifiers>
        <balance>424587.8900000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>424006.1200000000</valUSD>
        <pctVal>0.1454827595</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-05-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.160000000000000</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>Aqua Finance Issuer Trust 2026-B</name>
        <lei>N/A</lei>
        <title>Aqua Finance Issuer Trust 2026-B 6.47</title>
        <cusip>038401AD7</cusip>
        <identifiers>
          <isin value="US038401AD75"/>
          <ticker value="AQFIT"/>
        </identifiers>
        <balance>1051000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1052173.5500000000</valUSD>
        <pctVal>0.3610162786</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.470000000000000</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>Aqua Finance Issuer Trust 2026-A</name>
        <lei>N/A</lei>
        <title>Aqua Finance Issuer Trust 2026-A 5.10</title>
        <cusip>038410AB2</cusip>
        <identifiers>
          <isin value="US038410AB27"/>
          <ticker value="AQFIT"/>
        </identifiers>
        <balance>640000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>633223.9400000000</valUSD>
        <pctVal>0.2172684823</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-04-17</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>Aqua Finance Issuer Trust 2026-A</name>
        <lei>N/A</lei>
        <title>Aqua Finance Issuer Trust 2026-A 5.30</title>
        <cusip>038410AC0</cusip>
        <identifiers>
          <isin value="US038410AC00"/>
          <ticker value="AQFIT"/>
        </identifiers>
        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>984113.4000000000</valUSD>
        <pctVal>0.3376638363</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-04-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.300000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ares Strategic Income Fund</name>
        <lei>549300IANZJVZPTICV54</lei>
        <title>Ares Strategic Income Fund 5.70 03/15/2028</title>
        <cusip>04020EAG2</cusip>
        <identifiers>
          <isin value="US04020EAG26"/>
          <ticker value="ARESSI"/>
          <other otherDesc="SEDOL" value="BVMCB41"/>
        </identifiers>
        <balance>626000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>627977.1800000000</valUSD>
        <pctVal>0.2154682415</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.700000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ashtead Capital Inc</name>
        <lei>213800J1134IW58IC398</lei>
        <title>Ashtead Capital Inc 4.38 08/15/2027</title>
        <cusip>045054AF0</cusip>
        <identifiers>
          <isin value="US045054AF03"/>
          <ticker value="SUNB"/>
          <other otherDesc="SEDOL" value="BD93QF7"/>
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        <balance>550000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>548934.3300000000</valUSD>
        <pctVal>0.1883474727</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.375000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Atlas Warehouse Lending Co LP</name>
        <lei>25490068J12A1HV7YM70</lei>
        <title>Atlas Warehouse Lending Co LP 6.05 01/15/2028</title>
        <cusip>049463AD4</cusip>
        <identifiers>
          <isin value="US049463AD44"/>
          <ticker value="ATWALD"/>
          <other otherDesc="SEDOL" value="BS9GD72"/>
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        <balance>282000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>285092.9900000000</valUSD>
        <pctVal>0.0978196138</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.050000000000000</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>Atlas Warehouse Lending Co LP</name>
        <lei>25490068J12A1HV7YM70</lei>
        <title>Atlas Warehouse Lending Co LP 4.63 11/15/2028</title>
        <cusip>049463AF9</cusip>
        <identifiers>
          <isin value="US049463AF91"/>
          <ticker value="ATWALD"/>
          <other otherDesc="SEDOL" value="BV97309"/>
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        <balance>528000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>520761.9800000000</valUSD>
        <pctVal>0.1786811235</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.625000000000000</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>Australia &amp; New Zealand Banking Group Ltd</name>
        <lei>JHE42UYNWWTJB8YTTU19</lei>
        <title>Australia &amp; New Zealand Banking Group Ltd 2.57 11/25/2035</title>
        <cusip>052528AM8</cusip>
        <identifiers>
          <isin value="US052528AM81"/>
          <ticker value="ANZ"/>
          <other otherDesc="SEDOL" value="BNKJS47"/>
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        <balance>1611000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1431650.1100000000</valUSD>
        <pctVal>0.4912202886</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-11-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.570000000000000</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>Avant Credit Card Master Trust</name>
        <lei>N/A</lei>
        <title>Avant Credit Card Master Trust 5.55</title>
        <cusip>05351KAF6</cusip>
        <identifiers>
          <isin value="US05351KAF66"/>
          <ticker value="AVCCT"/>
        </identifiers>
        <balance>424000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>424508.8000000000</valUSD>
        <pctVal>0.1456552364</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.550000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Avant Loans Funding Trust 2026-REV1</name>
        <lei>N/A</lei>
        <title>Avant Loans Funding Trust 2026-REV1 5.56</title>
        <cusip>05359NAD7</cusip>
        <identifiers>
          <isin value="US05359NAD75"/>
          <ticker value="AVNT"/>
        </identifiers>
        <balance>651000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>640794.2700000000</valUSD>
        <pctVal>0.2198659743</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.560000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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        <name>Avilease Capital Ltd</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Avianca Midco 2 PLC</name>
        <lei>213800AMPX5VKH9AMX10</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Avilease Capital Ltd</name>
        <lei>635400SXOPVAVBWNE366</lei>
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          <isin value="US05370HAA14"/>
          <ticker value="AVILES"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Avnet Inc</name>
        <lei>XJI53DCPL7QABOWK4Z75</lei>
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          <isin value="US053807BA01"/>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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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>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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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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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Citadel Finance LLC</name>
        <lei>549300BQL283NCR7P163</lei>
        <title>Citadel Finance LLC 4.75 02/14/2029</title>
        <cusip>17287HAE0</cusip>
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          <isin value="US17287HAE09"/>
          <ticker value="CITADL"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Citigroup Commercial Mortgage Trust 2026-MFAM1</name>
        <lei>N/A</lei>
        <title>Citigroup Commercial Mortgage Trust 2026-MFAM1 6.09</title>
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          <isin value="US17292PAF27"/>
          <ticker value="CGCMT"/>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Citigroup Inc</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
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        <cusip>172967PE5</cusip>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Citibank NA</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
        <title>Citibank NA 4.85 06/18/2032</title>
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          <ticker value="C"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Citigroup Commercial Mortgage Trust 2020-555</name>
        <lei>N/A</lei>
        <title>Citigroup Commercial Mortgage Trust 2020-555 3.62</title>
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          <isin value="US17328EAJ73"/>
          <ticker value="CGCMT"/>
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        <issuerCat>CORP</issuerCat>
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        <name>Citigroup Mortgage Loan Trust 2024-1</name>
        <lei>N/A</lei>
        <title>Citigroup Mortgage Loan Trust 2024-1 6.00</title>
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          <ticker value="CMLTI"/>
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        <name>Citigroup Mortgage Loan Trust 2024-CMI1</name>
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      <invstOrSec>
        <name>Citizens Financial Group Inc</name>
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        <name>Compass Datacenters Issuer III LLC</name>
        <lei>N/A</lei>
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        <name>Conagra Brands Inc</name>
        <lei>54930035UDEIH090K650</lei>
        <title>Conagra Brands Inc 5.40 08/01/2031</title>
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          <ticker value="CAG"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <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>
        <cusip>922966AE6</cusip>
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          <ticker value="VEGLPL"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Charles Schwab Corp/The</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Seagate Data Storage Technology Pte Ltd</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Sequoia Mortgage Trust 2024-4</name>
        <lei>N/A</lei>
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        <name>Sequoia Mortgage Trust 2025-7</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Sequoia Mortgage Trust 2025-6</name>
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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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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>ServiceNow Inc</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SG Residential Mortgage Trust 2025-1</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SG Residential Mortgage Trust 2026-1</name>
        <lei>N/A</lei>
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        <name>Sierra Timeshare 2026-2 Receivables Funding LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Societe Generale SA</name>
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        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>South Bow Canadian Infrastructure Holdings Ltd</name>
        <lei>2549004FYUSYLPBT1G26</lei>
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        <name>Expand Energy Corp</name>
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        <name>Stack Infrastructure Issuer LLC</name>
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      <invstOrSec>
        <name>Stellantis Financial Services US Corp</name>
        <lei>5493000KNKFDOC1BOW59</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Store Capital LLC</name>
        <lei>254900Z9PIEFQ6AYXK50</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Store Master Funding I-VII XIV XIX XX XXII XXIV XXXIV XXXVII XXXVIII</name>
        <lei>N/A</lei>
        <title>Store Master Funding I-VII XIV XIX XX XXII XXIV XXXIV XXXVII XXXVIII 5.32</title>
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          <isin value="US86212FAK57"/>
          <ticker value="STR"/>
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        <balance>998750.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>982839.5100000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-06-20</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      </invstOrSec>
      <invstOrSec>
        <name>Concord Music Royalties LLC</name>
        <lei>N/A</lei>
        <title>Concord Music Royalties LLC 5.51</title>
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        <identifiers>
          <isin value="US20633KAJ79"/>
          <ticker value="TUNES"/>
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        <balance>251000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>251046.3800000000</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>2075-07-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.507000000000001</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>Connecticut Avenue Securities Trust 2024-R01</name>
        <lei>N/A</lei>
        <title>Connecticut Avenue Securities Trust 2024-R01 4.69</title>
        <cusip>20753UAA8</cusip>
        <identifiers>
          <isin value="US20753UAA88"/>
          <ticker value="CAS"/>
          <other otherDesc="SEDOL" value="BPDYXX7"/>
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        <balance>24523.2300000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>24511.9900000000</valUSD>
        <pctVal>0.0084104256</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.693190000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Consolidated Communications LLC/Fidium Fiber Finance Holdco LLC</name>
        <lei>N/A</lei>
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          <isin value="US209031AB98"/>
          <ticker value="CNSL"/>
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        <balance>500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>504106.1000000000</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>2055-05-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.506000000000000</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>Core Scientific Finance I LLC</name>
        <lei>N/A</lei>
        <title>Core Scientific Finance I LLC 7.75 05/15/2031</title>
        <cusip>21874LAA0</cusip>
        <identifiers>
          <isin value="US21874LAA08"/>
          <ticker value="CORZ"/>
          <other otherDesc="SEDOL" value="BTXZ1D4"/>
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        <balance>900000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>873830.3400000000</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>2031-05-15</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>
      <invstOrSec>
        <name>Sunrun Artemis Issuer 2024-2 LLC</name>
        <lei>N/A</lei>
        <title>Sunrun Artemis Issuer 2024-2 LLC 6.25</title>
        <cusip>86771BAA9</cusip>
        <identifiers>
          <isin value="US86771BAA98"/>
          <ticker value="SUNRN"/>
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        <balance>962631.0100000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>962651.2300000000</valUSD>
        <pctVal>0.3302998489</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-07-30</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>Synchrony Financial</name>
        <lei>549300RS7EWPM9MA6C78</lei>
        <title>Synchrony Financial (pfd) 7.25% 08/15/2175 Perpetual</title>
        <cusip>87165BBA0</cusip>
        <identifiers>
          <isin value="US87165BBA08"/>
          <ticker value="SYF"/>
          <other otherDesc="SEDOL" value="BX52FF1"/>
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        <balance>250000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>246362.9800000000</valUSD>
        <pctVal>0.0845307756</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>THPT 2023-THL Mortgage Trust</name>
        <lei>N/A</lei>
        <title>THPT 2023-THL Mortgage Trust 7.92</title>
        <cusip>87252LAE5</cusip>
        <identifiers>
          <isin value="US87252LAE56"/>
          <ticker value="THPT"/>
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        <balance>300000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>300203.3100000000</valUSD>
        <pctVal>0.1030041877</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-12-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.924365000000000</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>Toronto-Dominion Bank/The</name>
        <lei>PT3QB789TSUIDF371261</lei>
        <title>Toronto-Dominion Bank/The 7.25 07/31/2084</title>
        <cusip>89116CKP1</cusip>
        <identifiers>
          <isin value="US89116CKP13"/>
          <ticker value="TD"/>
          <other otherDesc="SEDOL" value="BS2KYW3"/>
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        <balance>800000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>822522.4000000000</valUSD>
        <pctVal>0.2822195786</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2084-07-31</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Toronto-Dominion Bank/The</name>
        <lei>PT3QB789TSUIDF371261</lei>
        <title>Toronto-Dominion Bank/The 5.91 01/31/2085</title>
        <cusip>89116CVK0</cusip>
        <identifiers>
          <isin value="CA89116CVK03"/>
          <ticker value="TD"/>
          <other otherDesc="SEDOL" value="BRJ9PV2"/>
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        <balance>705000.0000000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.3859500000"/>
        <valUSD>511764.0200000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2085-01-31</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.909000000000001</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>Transcanada Trust</name>
        <lei>549300Y0MFCAXLBWUV51</lei>
        <title>Transcanada Trust 5.30 03/15/2077</title>
        <cusip>89356BAC2</cusip>
        <identifiers>
          <isin value="US89356BAC28"/>
          <ticker value="TRPCN"/>
          <other otherDesc="SEDOL" value="BDZV3W1"/>
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        <balance>188000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>188150.4400000000</valUSD>
        <pctVal>0.0645571937</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>
          <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>TransDigm Inc</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TRANSDIGM INC 2025 TERM LOAN K</title>
        <cusip>89364MCF9</cusip>
        <identifiers>
          <isin value="US89364MCF95"/>
          <ticker value="TDG"/>
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        <balance>1097236.1800000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1100966.7800000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-22</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.917500000000000</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>Travelers Cos Inc/The</name>
        <lei>549300Y650407RU8B149</lei>
        <title>Travelers Cos Inc/The 4.95 07/24/2031</title>
        <cusip>89417EAV1</cusip>
        <identifiers>
          <isin value="US89417EAV11"/>
          <ticker value="TRV"/>
          <other otherDesc="SEDOL" value="BWH96H2"/>
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        <balance>1175000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1170250.2700000000</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>2031-07-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.950000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Triangle Re 2023-1 Ltd</name>
        <lei>N/A</lei>
        <title>Triangle Re 2023-1 Ltd 7.04</title>
        <cusip>89589AAA7</cusip>
        <identifiers>
          <isin value="US89589AAA79"/>
          <ticker value="TMIR"/>
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        <balance>5496.9800000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5509.4400000000</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>2033-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.043190000000000</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>Trust Fibra Uno</name>
        <lei>N/A</lei>
        <title>Trust Fibra Uno 4.87 01/15/2030</title>
        <cusip>898339AA4</cusip>
        <identifiers>
          <isin value="US898339AA49"/>
          <ticker value="FUNOTR"/>
          <other otherDesc="SEDOL" value="BKDZ915"/>
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        <balance>740000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>711209.4900000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.869000000000001</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>Trust 2401</name>
        <lei>N/A</lei>
        <title>Trust 2401 4.87 01/15/2030</title>
        <cusip>89834MAA4</cusip>
        <identifiers>
          <isin value="US89834MAA45"/>
          <ticker value="NEXTPR"/>
          <other otherDesc="SEDOL" value="BVV5ST5"/>
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        <balance>715000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>687068.5300000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.869000000000001</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>UBS Group AG</name>
        <lei>549300SZJ9VS8SGXAN81</lei>
        <title>UBS Group AG (pfd) 9.25% 05/13/2175 Perpetual</title>
        <cusip>902613BF4</cusip>
        <identifiers>
          <isin value="US902613BF40"/>
          <ticker value="UBS"/>
          <other otherDesc="SEDOL" value="BMGC4M3"/>
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        <balance>1115000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1193352.1700000000</valUSD>
        <pctVal>0.4094567473</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UBS Commercial Mortgage Trust 2018-C14</name>
        <lei>N/A</lei>
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          <isin value="US90278KBE01"/>
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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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      <invstOrSec>
        <name>USQ Rail I LLC</name>
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          <ticker value="STEAM"/>
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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>
      <invstOrSec>
        <name>UNITED AIRLINES INC</name>
        <lei>K1OQBWM7XEOO08LDNP29</lei>
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          <isin value="US90932LAH06"/>
          <ticker value="UAL"/>
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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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        <securityLending>
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      <invstOrSec>
        <name>United Auto Credit Securitization Trust 2026-1</name>
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          <isin value="US90945FAD78"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>U.S. TREASURY</name>
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          <isin value="US91282CFT36"/>
          <ticker value="T"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>U.S. TREASURY</name>
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          <ticker value="T"/>
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        <issuerCat>UST</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>COX Asset Mexico SA de CV</name>
        <lei>4469000001ERQUPOUR24</lei>
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          <isin value="US22389AAA07"/>
          <ticker value="COXMEX"/>
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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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      <invstOrSec>
        <name>Credit Agricole SA</name>
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          <ticker value="ACAFP"/>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Cross 2024-H3 Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Cross 2024-H3 Mortgage Trust 6.58</title>
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          <isin value="US22758DAB55"/>
          <ticker value="CROSS"/>
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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>
        <name>Crown Castle Inc</name>
        <lei>54930012H97VSM0I2R19</lei>
        <title>Crown Castle Inc 4.80 09/01/2028</title>
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          <ticker value="CCI"/>
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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>Crown Castle Inc</name>
        <lei>54930012H97VSM0I2R19</lei>
        <title>Crown Castle Inc 4.90 09/01/2029</title>
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          <ticker value="CCI"/>
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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>DataBank Issuer</name>
        <lei>N/A</lei>
        <title>DataBank Issuer 5.12</title>
        <cusip>23802WAL5</cusip>
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          <isin value="US23802WAL54"/>
          <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>
          <annualizedRt>5.116000000000001</annualizedRt>
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      <invstOrSec>
        <name>U.S. TREASURY</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond 4.25 08/15/2029</title>
        <cusip>91282CRG8</cusip>
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          <ticker value="T"/>
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      <invstOrSec>
        <name>Uniti Fiber Abs Issuer Llc</name>
        <lei>N/A</lei>
        <title>Uniti Fiber Abs Issuer Llc 6.37</title>
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          <isin value="US91326EAB11"/>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Universal Health Services Inc</name>
        <lei>549300YGMGQDO0NMJD09</lei>
        <title>Universal Health Services Inc 1.65 09/01/2026</title>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Univision Communications Inc</name>
        <lei>549300YQDE2JSGTL8V47</lei>
        <title>Univision Communications Inc 7.38 06/30/2030</title>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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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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        <name>Verus Securitization Trust 2024-4</name>
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        <name>Deutsche Bank AG/New York NY</name>
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        <name>Development Bank of Mongolia LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Discovery Communications LLC</name>
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        <name>Discovery Communications LLC</name>
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        <name>Magallanes Inc</name>
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        <name>Dominion Energy Inc</name>
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        <name>EFMT 2025-NQM3</name>
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        <name>Eagle Funding Luxco Sarl</name>
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        <name>Verus Securitization Trust 2025-4</name>
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        <title>Verus Securitization Trust 2025-4 5.75</title>
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      <invstOrSec>
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      <invstOrSec>
        <name>Elmwood CLO Ltd</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ford Motor Credit Co LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ford Motor Credit Co LLC</name>
        <lei>UDSQCVRUX5BONN0VY111</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Foundation Finance Trust 2025-1</name>
        <lei>N/A</lei>
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          <isin value="US35040WAB37"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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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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          <isin value="US35641AAA60"/>
          <ticker value="FREMOR"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GA Global Funding Trust</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <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>
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          <isin value="US36270AAA25"/>
          <ticker value="GSMBS"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>GS Mortgage-Backed Securities Trust 2024-PJ8</name>
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        <title>GS Mortgage-Backed Securities Trust 2024-PJ8 5.00</title>
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        <name>GS Mortgage-Backed Securities Trust 2024-PJ7</name>
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        <name>Global Atlantic Fin Co</name>
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      <invstOrSec>
        <name>Goldman Sachs BDC Inc</name>
        <lei>6D01AGSGBNZIJSN77043</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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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>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"/>
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        <balance>320000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>318567.9700000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.050000000000000</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>Golub Capital BDC Inc</name>
        <lei>2549005WE0QLGK9APF78</lei>
        <title>Golub Capital BDC Inc 2.05 02/15/2027</title>
        <cusip>38173MAC6</cusip>
        <identifiers>
          <isin value="US38173MAC64"/>
          <ticker value="GBDC"/>
          <other otherDesc="SEDOL" value="BNHQ313"/>
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        <balance>294000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>289438.7600000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.050000000000000</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>Golub Capital BDC Inc</name>
        <lei>2549005WE0QLGK9APF78</lei>
        <title>Golub Capital BDC Inc 7.05 12/05/2028</title>
        <cusip>38173MAD4</cusip>
        <identifiers>
          <isin value="US38173MAD48"/>
          <ticker value="GBDC"/>
          <other otherDesc="SEDOL" value="BQRGLC1"/>
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        <balance>531000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>545701.9100000000</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>2028-12-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.050000000000000</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>Golub Capital Private Credit Fund</name>
        <lei>254900B5KBW6OY1F9951</lei>
        <title>Golub Capital Private Credit Fund 5.45 08/15/2028</title>
        <cusip>38179RAF2</cusip>
        <identifiers>
          <isin value="US38179RAF29"/>
          <ticker value="GCRED"/>
          <other otherDesc="SEDOL" value="BVWST90"/>
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        <balance>600000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>596398.0100000000</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>2028-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.450000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>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>
        <identifiers>
          <isin value="US38237GAA76"/>
          <ticker value="GOOD"/>
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        <balance>160528.0500000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>132763.8900000000</valUSD>
        <pctVal>0.0455532507</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-07-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.930000000000000</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>Greenko Wind Projects Mauritius Ltd</name>
        <lei>254900MSUXE1FF83DP82</lei>
        <title>Greenko Wind Projects Mauritius Ltd 7.25 09/27/2028</title>
        <cusip>39531JAB0</cusip>
        <identifiers>
          <isin value="US39531JAB08"/>
          <ticker value="GRNKEN"/>
          <other otherDesc="SEDOL" value="BTZNQ64"/>
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        <balance>807700.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>818101.6400000000</valUSD>
        <pctVal>0.2807027506</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Greensky Home Improvement Issuer Trust 2026-A</name>
        <lei>N/A</lei>
        <title>Greensky Home Improvement Issuer Trust 2026-A 5.76</title>
        <cusip>39572BAL5</cusip>
        <identifiers>
          <isin value="US39572BAL53"/>
          <ticker value="GSKY"/>
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        <balance>833000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>831817.1400000000</valUSD>
        <pctVal>0.2854087411</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2070-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.760000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HSBC Holdings PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
        <title>HSBC Holdings PLC (pfd) 6.50% 09/23/2174 Perpetual</title>
        <cusip>404280BP3</cusip>
        <identifiers>
          <isin value="US404280BP39"/>
          <ticker value="HSBC"/>
          <other otherDesc="SEDOL" value="BFMXK12"/>
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        <balance>567000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>574128.8900000000</valUSD>
        <pctVal>0.1969920982</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HSBC Holdings PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
        <title>HSBC Holdings PLC (pfd) 6.88% 03/11/2175 Perpetual</title>
        <cusip>404280EH8</cusip>
        <identifiers>
          <isin value="US404280EH85"/>
          <ticker value="HSBC"/>
          <other otherDesc="SEDOL" value="BQXRZP9"/>
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        <balance>980000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1001391.4400000000</valUSD>
        <pctVal>0.3435921869</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HPS Corporate Lending Fund</name>
        <lei>549300ZS7IHUA6FKFV61</lei>
        <title>HPS Corporate Lending Fund 5.45 01/14/2028</title>
        <cusip>40440VAH8</cusip>
        <identifiers>
          <isin value="US40440VAH87"/>
          <ticker value="HLEND"/>
          <other otherDesc="SEDOL" value="BN2RDN3"/>
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        <balance>865000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>864053.5700000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.450000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HPS Corporate Lending Fund</name>
        <lei>549300ZS7IHUA6FKFV61</lei>
        <title>HPS Corporate Lending Fund 4.90 09/11/2028</title>
        <cusip>40440VBB0</cusip>
        <identifiers>
          <isin value="US40440VBB09"/>
          <ticker value="HLEND"/>
          <other otherDesc="SEDOL" value="BWXJHP1"/>
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        <balance>255000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>250819.1700000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-11</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>
        <name>Hawaiian Electric Co Inc</name>
        <lei>549300PQE8D806LWQV52</lei>
        <title>Hawaiian Electric Co Inc 6.00 10/01/2033</title>
        <cusip>419866AV0</cusip>
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          <isin value="US419866AV08"/>
          <ticker value="HE"/>
          <other otherDesc="SEDOL" value="BPCT8C7"/>
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        <balance>292000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>288239.6500000000</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>
        <name>Herc Holdings Inc</name>
        <lei>549300TP80QLITMSBP82</lei>
        <title>Herc Holdings Inc 7.00 06/15/2030</title>
        <cusip>42704LAF1</cusip>
        <identifiers>
          <isin value="US42704LAF13"/>
          <ticker value="HRI"/>
          <other otherDesc="SEDOL" value="BV5GRS6"/>
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        <curCd>USD</curCd>
        <valUSD>1604589.4500000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>7.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Hilton Grand Vacations Trust 2024-2</name>
        <lei>N/A</lei>
        <title>Hilton Grand Vacations Trust 2024-2 6.91</title>
        <cusip>43283JAD8</cusip>
        <identifiers>
          <isin value="US43283JAD81"/>
          <ticker value="HGVT"/>
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        <balance>43974.8900000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>44608.3500000000</valUSD>
        <pctVal>0.0153057835</pctVal>
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        <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>
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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>Hilton Grand Vacations Trust 2026-1</name>
        <lei>N/A</lei>
        <title>Hilton Grand Vacations Trust 2026-1 7.21</title>
        <cusip>43284KAD4</cusip>
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          <isin value="US43284KAD46"/>
          <ticker value="HGVT"/>
          <other otherDesc="SEDOL" value="BTWQYR3"/>
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        <curCd>USD</curCd>
        <valUSD>422928.3900000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.210000000000000</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>HOMES 2025-AFC3 Trust</name>
        <lei>N/A</lei>
        <title>HOMES 2025-AFC3 Trust 4.93</title>
        <cusip>43762AAC9</cusip>
        <identifiers>
          <isin value="US43762AAC99"/>
          <ticker value="HOMES"/>
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        <balance>323938.3100000000</balance>
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        <curCd>USD</curCd>
        <valUSD>319998.9600000000</valUSD>
        <pctVal>0.1097963674</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-08-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.932000000000000</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>HOMES 2025-AFC3 Trust</name>
        <lei>N/A</lei>
        <title>HOMES 2025-AFC3 Trust 5.14</title>
        <cusip>43762AAD7</cusip>
        <identifiers>
          <isin value="US43762AAD72"/>
          <ticker value="HOMES"/>
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        <balance>668122.8400000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>660859.4100000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Hydro One Inc</name>
        <lei>549300X54QEYZVDC8R04</lei>
        <title>Hydro One Inc 4.75 05/30/2031</title>
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          <ticker value="HYDONE"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Intercontinental Exchange Inc</name>
        <lei>5493000F4ZO33MV32P92</lei>
        <title>Intercontinental Exchange Inc 4.70 08/20/2029</title>
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          <isin value="US45865VAD29"/>
          <ticker value="ICE"/>
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        <curCd>USD</curCd>
        <valUSD>460020.8800000000</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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      <invstOrSec>
        <name>Intercontinental Exchange Inc</name>
        <lei>5493000F4ZO33MV32P92</lei>
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          <isin value="US45865VAE02"/>
          <ticker value="ICE"/>
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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>Iron Mountain Inc</name>
        <lei>SQL3F6CKNNBM3SQGHX24</lei>
        <title>Iron Mountain Inc 6.25 01/15/2035</title>
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          <isin value="US46284VAR24"/>
          <ticker value="IRM"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      </invstOrSec>
      <invstOrSec>
        <name>JP Morgan Mortgage Trust Series 2025-NQM2</name>
        <lei>N/A</lei>
        <title>JP Morgan Mortgage Trust Series 2025-NQM2 5.57</title>
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          <isin value="US46590SAB34"/>
          <ticker value="JPMMT"/>
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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>
      <invstOrSec>
        <name>JP Morgan Mortgage Trust 2024-9</name>
        <lei>N/A</lei>
        <title>JP Morgan Mortgage Trust 2024-9 6.95</title>
        <cusip>46593DBL0</cusip>
        <identifiers>
          <isin value="US46593DBL01"/>
          <ticker value="JPMMT"/>
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        <balance>485644.1500000000</balance>
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        <curCd>USD</curCd>
        <valUSD>504437.4100000000</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>2055-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.950634000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JP Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>JP Morgan Mortgage Trust 6.16</title>
        <cusip>46593VAH0</cusip>
        <identifiers>
          <isin value="US46593VAH06"/>
          <ticker value="JPMMT"/>
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        <balance>164600.8700000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-11-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.157000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JP Morgan Mortgage Trust Series 2025-7MPR</name>
        <lei>N/A</lei>
        <title>JP Morgan Mortgage Trust Series 2025-7MPR 5.32</title>
        <cusip>46594CAE8</cusip>
        <identifiers>
          <isin value="US46594CAE84"/>
          <ticker value="JPMMT"/>
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        <balance>374259.3500000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-02-25</maturityDt>
          <couponKind>Variable</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JP Morgan Mortgage Trust Series 2025-CES5</name>
        <lei>N/A</lei>
        <title>JP Morgan Mortgage Trust Series 2025-CES5 5.14</title>
        <cusip>46594DAA4</cusip>
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          <isin value="US46594DAA46"/>
          <ticker value="JPMMT"/>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-02-25</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>JP Morgan Mortgage Trust Series 2025-CES5</name>
        <lei>N/A</lei>
        <title>JP Morgan Mortgage Trust Series 2025-CES5 5.24</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2056-02-25</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>JP Morgan Mortgage Trust Series 2026-NQX1</name>
        <lei>N/A</lei>
        <title>JP Morgan Mortgage Trust Series 2026-NQX1 5.81</title>
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        <identifiers>
          <isin value="US46594QAF46"/>
          <ticker value="JPMMT"/>
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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>
          <annualizedRt>5.805000000000001</annualizedRt>
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        <securityLending>
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      <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>
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          <isin value="US465989AC55"/>
          <ticker value="JPMMT"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>JPMorgan Chase &amp; Co</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
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          <ticker value="JPM"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <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>
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          <isin value="US46657CAD48"/>
          <ticker value="JPMMT"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <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>
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          <isin value="US46657PAD50"/>
          <ticker value="JPMMT"/>
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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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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JP Morgan Mortgage Trust 2026-CES1</name>
        <lei>N/A</lei>
        <title>JP Morgan Mortgage Trust 2026-CES1 4.91</title>
        <cusip>46660BAA7</cusip>
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          <isin value="US46660BAA70"/>
          <ticker value="JPMMT"/>
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        <valUSD>704072.4100000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-06-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.909000000000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
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        <name>JP Morgan Mortgage Trust 2026-ACES1</name>
        <lei>529900YPO46YLJDFF157</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>KeyCorp</name>
        <lei>RKPI3RZGV1V1FJTH5T61</lei>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Kilroy Realty LP</name>
        <lei>5493008CT3N3JR7P1552</lei>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Kilroy Realty LP</name>
        <lei>5493008CT3N3JR7P1552</lei>
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          <isin value="US49427RAP73"/>
          <ticker value="KRC"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Kioxia Holdings Corp</name>
        <lei>35380080RTKRARNH4R73</lei>
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          <isin value="US49726JAA60"/>
          <ticker value="KIOXIA"/>
          <other otherDesc="SEDOL" value="BSNMDB0"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Kobalt Music Assets LP</name>
        <lei>N/A</lei>
        <title>Kobalt Music Assets LP 6.63</title>
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          <isin value="US499876AA86"/>
          <ticker value="BEATS"/>
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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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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Lmrk Issuer Co 2 LLC</name>
        <lei>549300TATF7H68SRLE80</lei>
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          <isin value="US50209AAH41"/>
          <ticker value="LMRK"/>
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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>Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp</name>
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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>Liberty Mutual Group Inc</name>
        <lei>QUR0DG15Z6FFGYCHH861</lei>
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          <ticker value="LIBMUT"/>
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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>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>
        <name>Lincoln Financial Global Funding</name>
        <lei>984500OC010458395923</lei>
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          <ticker value="LNC"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Lloyds Banking Group PLC</name>
        <lei>549300PPXHEU2JF0AM85</lei>
        <title>Lloyds Banking Group PLC</title>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
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        <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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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Lyra Music Assets Delaware LP</name>
        <lei>9845007N9EAB0C048A12</lei>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Lyra Music Assets Delaware LP</name>
        <lei>9845007N9EAB0C048A12</lei>
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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>M&amp;T Bank Corp</name>
        <lei>549300WYXDDBYRASEG81</lei>
        <title>M&amp;T Bank Corp (pfd) 5.13% 05/01/2175 Perpetual</title>
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          <ticker value="MTB"/>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MF1 2025-FL17 LLC</name>
        <lei>N/A</lei>
        <title>MF1 2025-FL17 LLC 5.21</title>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MF1 2025-FL19 LLC</name>
        <lei>N/A</lei>
        <title>MF1 2025-FL19 LLC 5.13</title>
        <cusip>55287KAA1</cusip>
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          <ticker value="MF1"/>
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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>5.126910000000000</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>MVW 2020-1 LLC</name>
        <lei>N/A</lei>
        <title>MVW 2020-1 LLC 4.21</title>
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        <name>MetroNet Infrastructure Issuer LLC</name>
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        <name>Minerva Luxembourg SA</name>
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        <name>Mission Lane Credit Card Master Trust</name>
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        <name>Mission Lane Credit Card Master Trust</name>
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        <name>Morgan Stanley Private Bank NA</name>
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        <name>Morgan Stanley Residential Mortgage Loan Trust 2025-NQM1</name>
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        <name>Mosaic Solar Loan Trust 2021-3</name>
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        <name>NRG Energy Inc</name>
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        <name>Nationwide Building Society</name>
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        <name>New Economy Assets - Phase 1 Sponsor LLC</name>
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        <name>New Residential Mortgage Loan Trust 2026-NQM5</name>
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        <title>New Residential Mortgage Loan Trust 2026-NQM5 5.48</title>
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        <name>New Residential Mortgage Loan Trust 2026-NQM1</name>
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        <title>New Residential Mortgage Loan Trust 2026-NQM1 5.08</title>
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      <invstOrSec>
        <name>NextEra Energy Capital Holdings Inc</name>
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        <name>NextEra Energy Capital Holdings Inc</name>
        <lei>UMI46YPGBLUE4VGNNT48</lei>
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        <name>Nexstar Media Inc</name>
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        <name>Nissan Motor Acceptance Co LLC</name>
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        <name>Northern Trust Corp</name>
        <lei>549300GLF98S992BC502</lei>
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        <name>NVIDIA Corp</name>
        <lei>549300S4KLFTLO7GSQ80</lei>
        <title>NVIDIA Corp 4.35 06/15/2029</title>
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        <name>NVIDIA Corp</name>
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        <name>OnDeck Asset Securitization Trust IV LLC</name>
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        <name>OBX 2024-NQM11 Trust</name>
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        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OBX 2024-J1 Trust</name>
        <lei>N/A</lei>
        <title>OBX 2024-J1 Trust 5.50</title>
        <cusip>67119QAE9</cusip>
        <identifiers>
          <isin value="US67119QAE98"/>
          <ticker value="OBX"/>
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        <balance>21569.0900000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>21520.2900000000</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>2054-09-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.500000000000000</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>OBX 2025-NQM13 Trust</name>
        <lei>254900FPAGVH6E25VL74</lei>
        <title>OBX 2025-NQM13 Trust 5.44</title>
        <cusip>67121UAM8</cusip>
        <identifiers>
          <isin value="US67121UAM80"/>
          <ticker value="OBX"/>
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        <balance>416704.8000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>414462.6400000000</valUSD>
        <pctVal>0.1422082506</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.441000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>OBX 2026-INV2 Trust</name>
        <lei>N/A</lei>
        <title>OBX 2026-INV2 Trust 5.39</title>
        <cusip>67123YAU0</cusip>
        <identifiers>
          <isin value="US67123YAU01"/>
          <ticker value="OBX"/>
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        <balance>505332.6300000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>502442.9900000000</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>Floating</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>OBX 2026-AHC1 Trust</name>
        <lei>N/A</lei>
        <title>OBX 2026-AHC1 Trust 5.50</title>
        <cusip>67124JAE8</cusip>
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          <isin value="US67124JAE82"/>
          <ticker value="OBX"/>
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        <balance>935947.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>931896.6900000000</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>5.500000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>OBX 2026-AHC1 Trust</name>
        <lei>N/A</lei>
        <title>OBX 2026-AHC1 Trust 5.39</title>
        <cusip>67124JAV0</cusip>
        <identifiers>
          <isin value="US67124JAV08"/>
          <ticker value="OBX"/>
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        <balance>594975.1600000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>591602.0700000000</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>Floating</couponKind>
          <annualizedRt>5.393190000000000</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>OBX 2026-J2 Trust</name>
        <lei>N/A</lei>
        <title>OBX 2026-J2 Trust 5.50</title>
        <cusip>67125CAD4</cusip>
        <identifiers>
          <isin value="US67125CAD48"/>
          <ticker value="OBX"/>
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        <balance>763034.4400000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>759069.4800000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-07-25</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>
        <name>OBX 2025-J1 Trust</name>
        <lei>N/A</lei>
        <title>OBX 2025-J1 Trust 6.00</title>
        <cusip>673923AD0</cusip>
        <identifiers>
          <isin value="US673923AD03"/>
          <ticker value="OBX"/>
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        <balance>187001.7100000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>186214.0800000000</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>2055-05-25</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>
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      <invstOrSec>
        <name>OBX 2025-NQM11 Trust</name>
        <lei>254900KNWDG7C03UTA13</lei>
        <title>OBX 2025-NQM11 Trust 5.42</title>
        <cusip>67449BAN3</cusip>
        <identifiers>
          <isin value="US67449BAN38"/>
          <ticker value="OBX"/>
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        <balance>382141.8000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>379988.9300000000</valUSD>
        <pctVal>0.1303798118</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.418000000000000</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>OBX 2025-J3 Trust</name>
        <lei>N/A</lei>
        <title>OBX 2025-J3 Trust 5.00</title>
        <cusip>67449KAE3</cusip>
        <identifiers>
          <isin value="US67449KAE38"/>
          <ticker value="OBX"/>
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        <balance>177272.2100000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>174682.3700000000</valUSD>
        <pctVal>0.0599361000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-10-25</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>
      <invstOrSec>
        <name>OCCU Auto Receivables Trust 2026-1</name>
        <lei>N/A</lei>
        <title>OCCU Auto Receivables Trust 2026-1 5.85</title>
        <cusip>674920AG8</cusip>
        <identifiers>
          <isin value="US674920AG84"/>
          <ticker value="OCCU"/>
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        <balance>990000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>986212.5600000000</valUSD>
        <pctVal>0.3383840891</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.850000000000001</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>Octagon Credit Investors LLC</name>
        <lei>N/A</lei>
        <title>Octagon 68 Ltd 4.96</title>
        <cusip>675949AQ4</cusip>
        <identifiers>
          <isin value="US675949AQ45"/>
          <ticker value="OCT68"/>
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        <balance>475000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>476282.5000000000</valUSD>
        <pctVal>0.1634195572</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-10-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.959210000000000</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>Onemain Financial Issuance Trust 2025-1</name>
        <lei>N/A</lei>
        <title>Onemain Financial Issuance Trust 2025-1 5.20</title>
        <cusip>68270DAC5</cusip>
        <identifiers>
          <isin value="US68270DAC56"/>
          <ticker value="OMFIT"/>
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        <balance>1126000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1120005.8500000000</valUSD>
        <pctVal>0.3842905421</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-14</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>
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      </invstOrSec>
      <invstOrSec>
        <name>ONNI Commercial Mortgage Trust 2024-APT</name>
        <lei>N/A</lei>
        <title>ONNI Commercial Mortgage Trust 2024-APT 5.75</title>
        <cusip>682939AA1</cusip>
        <identifiers>
          <isin value="US682939AA17"/>
          <ticker value="ONNI"/>
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        <balance>200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>200535.8200000000</valUSD>
        <pctVal>0.0688068004</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.753011000000000</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>Oportun Issuance Trust 2026-A</name>
        <lei>N/A</lei>
        <title>Oportun Issuance Trust 2026-A 6.28</title>
        <cusip>68390VAD8</cusip>
        <identifiers>
          <isin value="US68390VAD82"/>
          <ticker value="OPTN"/>
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        <balance>629000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>625042.5200000000</valUSD>
        <pctVal>0.2144613163</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.280000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Blue Owl Credit Income Corp</name>
        <lei>5493003I42XBWPE05N35</lei>
        <title>Blue Owl Credit Income Corp 7.75 09/16/2027</title>
        <cusip>69120VAP6</cusip>
        <identifiers>
          <isin value="US69120VAP67"/>
          <ticker value="OCINCC"/>
          <other otherDesc="SEDOL" value="BR852H6"/>
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        <balance>535000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>546709.6000000000</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>2027-09-16</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>
      <invstOrSec>
        <name>Blue Owl Credit Income Corp</name>
        <lei>5493003I42XBWPE05N35</lei>
        <title>Blue Owl Credit Income Corp 7.75 01/15/2029</title>
        <cusip>69120VAW1</cusip>
        <identifiers>
          <isin value="US69120VAW19"/>
          <ticker value="OCINCC"/>
          <other otherDesc="SEDOL" value="BS88595"/>
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        <balance>755000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>778850.1400000000</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>2029-01-15</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PECO Energy Co</name>
        <lei>YH65D4JBECK76IFEJ279</lei>
        <title>PECO Energy Co 5.00 09/01/2031</title>
        <cusip>693304BK2</cusip>
        <identifiers>
          <isin value="US693304BK26"/>
          <ticker value="EXC"/>
          <other otherDesc="SEDOL" value="BX7YCR6"/>
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        <balance>630000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>628642.5400000000</valUSD>
        <pctVal>0.2156965363</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-01</maturityDt>
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          <annualizedRt>5.000000000000000</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>
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      </invstOrSec>
      <invstOrSec>
        <name>PNC Financial Services Group Inc/The</name>
        <lei>CFGNEKW0P8842LEUIA51</lei>
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          <isin value="US693475CL76"/>
          <ticker value="PNC"/>
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        <curCd>USD</curCd>
        <valUSD>590166.6800000000</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>2030-07-19</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.831000000000000</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>AGL CLO Ltd</name>
        <lei>5493001O95I190NV0196</lei>
        <title>AGL CLO 15 Ltd 4.93</title>
        <cusip>00121GAJ7</cusip>
        <identifiers>
          <isin value="US00121GAJ76"/>
          <ticker value="AGL"/>
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        <curCd>USD</curCd>
        <valUSD>475705.4200000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-01-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.929209999999999</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>Vistra Corp</name>
        <lei>549300KP43CPCUJOOG15</lei>
        <title>Vistra Corp (pfd) 8.00% 04/15/2175 Perpetual</title>
        <cusip>92840MAB8</cusip>
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          <other otherDesc="SEDOL" value="BL5BH14"/>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>591683.2700000000</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>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>573000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>591640.8400000000</valUSD>
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        <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>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>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>1026000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1032922.5000000000</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>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.375000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Voya CLO Ltd</name>
        <lei>N/A</lei>
        <title>Voya CLO 2021-3 Ltd 5.00</title>
        <cusip>92919DAL2</cusip>
        <identifiers>
          <isin value="US92919DAL29"/>
          <ticker value="VOYA"/>
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        <balance>575000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>576095.6100000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-04-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.002920000000000</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>WB Commercial Mortgage Trust 2024-HQ</name>
        <lei>N/A</lei>
        <title>WB Commercial Mortgage Trust 2024-HQ 6.13</title>
        <cusip>92943PAA9</cusip>
        <identifiers>
          <isin value="US92943PAA93"/>
          <ticker value="WB"/>
          <other otherDesc="SEDOL" value="BSLJM27"/>
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        <balance>209000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>209367.8000000000</valUSD>
        <pctVal>0.0718371831</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-03-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.134383000000000</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>Wells Fargo &amp; Co</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>Wells Fargo &amp; Co 4.18 01/23/2030</title>
        <cusip>95000U4D2</cusip>
        <identifiers>
          <isin value="US95000U4D22"/>
          <ticker value="WFC"/>
          <other otherDesc="SEDOL" value="BVMLP57"/>
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        <balance>575000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>565772.5700000000</valUSD>
        <pctVal>0.1941249214</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-23</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.182000000000000</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>Wells Fargo &amp; Co</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>Wells Fargo &amp; Co 4.58 05/20/2029</title>
        <cusip>95000U4H3</cusip>
        <identifiers>
          <isin value="US95000U4H36"/>
          <ticker value="WFC"/>
          <other otherDesc="SEDOL" value="BVSVYH6"/>
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        <balance>905000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>902195.5500000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.577000000000000</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>Wells Fargo Commercial Mortgage Trust 2017-C41</name>
        <lei>N/A</lei>
        <title>Wells Fargo Commercial Mortgage Trust 2017-C41 2.60</title>
        <cusip>95001AAD8</cusip>
        <identifiers>
          <isin value="US95001AAD81"/>
          <ticker value="WFCM"/>
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        <balance>20000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>17421.6400000000</valUSD>
        <pctVal>0.0059776219</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-11-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.600000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WESCO Distribution Inc</name>
        <lei>549300I2CEZJG9N4AH67</lei>
        <title>WESCO Distribution Inc 5.25 04/15/2031</title>
        <cusip>95081QAT1</cusip>
        <identifiers>
          <isin value="US95081QAT13"/>
          <ticker value="WCC"/>
          <other otherDesc="SEDOL" value="BT02W68"/>
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        <balance>643000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>633893.0000000000</valUSD>
        <pctVal>0.2174980466</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>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>
        <name>Western Midstream Operating LP</name>
        <lei>L6D8A6MLSY454J2JXJ60</lei>
        <title>Western Midstream Operating LP 4.80 03/01/2031</title>
        <cusip>958667AH0</cusip>
        <identifiers>
          <isin value="US958667AH04"/>
          <ticker value="WES"/>
          <other otherDesc="SEDOL" value="BTFHTQ7"/>
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        <balance>849000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>833584.3100000000</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>2031-03-01</maturityDt>
          <couponKind>Fixed</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>
        <name>Westgate Resorts 2026-1 LLC</name>
        <lei>N/A</lei>
        <title>Westgate Resorts 2026-1 LLC 6.08</title>
        <cusip>959921AC1</cusip>
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          <isin value="US959921AC17"/>
          <ticker value="WESTR"/>
          <other otherDesc="SEDOL" value="BWTZ3F5"/>
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        <balance>314316.5400000000</balance>
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        <curCd>USD</curCd>
        <valUSD>314616.1500000000</valUSD>
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        <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>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Westpac Banking Corp</name>
        <lei>EN5TNI6CI43VEPAMHL14</lei>
        <title>Westpac Banking Corp 2.67 11/15/2035</title>
        <cusip>961214EP4</cusip>
        <identifiers>
          <isin value="US961214EP44"/>
          <ticker value="WSTP"/>
          <other otherDesc="SEDOL" value="BMWS403"/>
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        <balance>796000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>712479.9900000000</valUSD>
        <pctVal>0.2444624031</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-11-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.668000000000000</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>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>365000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>366375.6900000000</valUSD>
        <pctVal>0.1257089082</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>Xcel Energy Inc</name>
        <lei>LGJNMI9GH8XIDG5RCM61</lei>
        <title>Xcel Energy Inc 5.75 12/03/2056</title>
        <cusip>98389BBF6</cusip>
        <identifiers>
          <isin value="US98389BBF67"/>
          <ticker value="XEL"/>
          <other otherDesc="SEDOL" value="BWPJHP9"/>
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        <balance>348000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>337770.3300000000</valUSD>
        <pctVal>0.1158939868</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-12-03</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.750000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>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"/>
        </identifiers>
        <balance>700000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>656753.9400000000</valUSD>
        <pctVal>0.2253419727</pctVal>
        <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>
      <invstOrSec>
        <name>Zions Bancorp NA</name>
        <lei>8WH0EE09O9V05QJZ3V89</lei>
        <title>Zions Bancorp NA 4.48 02/09/2029</title>
        <cusip>98971DAE0</cusip>
        <identifiers>
          <isin value="US98971DAE04"/>
          <ticker value="ZION"/>
          <other otherDesc="SEDOL" value="BMXGTS9"/>
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        <balance>805000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>797351.2900000000</valUSD>
        <pctVal>0.2735829991</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-09</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.483000000000001</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>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>450000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>461712.6100000000</valUSD>
        <pctVal>0.1584204129</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>
      <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>400000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>483752.8300000000</valUSD>
        <pctVal>0.1659827378</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>
      <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>1600000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1684084.2900000000</valUSD>
        <pctVal>0.5778341825</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Banco Santander SA</name>
        <lei>5493006QMFDDMYWIAM13</lei>
        <title>Banco Santander SA (pfd) 7.00% 08/20/2175 Perpetual</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2817323749"/>
          <ticker value="SANTAN"/>
          <other otherDesc="SEDOL" value="BSCBV47"/>
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        <balance>400000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>495558.4700000000</valUSD>
        <pctVal>0.1700334271</pctVal>
        <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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Magallanes Inc</name>
        <lei>549300DXR29GD4N0A520</lei>
        <title>Discovery Global Holdings Inc 4.30 01/17/2030</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2821805533"/>
          <ticker value="WBD"/>
          <other otherDesc="SEDOL" value="BPJJZP2"/>
        </identifiers>
        <balance>1046000.0000000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>1131412.0400000000</valUSD>
        <pctVal>0.3882041743</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.302000000000000</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>Commerzbank AG</name>
        <lei>851WYGNLUQLFZBSYGB56</lei>
        <title>Commerzbank AG (pfd) 7.50% 04/09/2175 Perpetual</title>
        <cusip>D1706CKE3</cusip>
        <identifiers>
          <isin value="XS2914160804"/>
          <ticker value="CMZB"/>
          <other otherDesc="SEDOL" value="BP7MR35"/>
        </identifiers>
        <balance>200000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>207683.3800000000</valUSD>
        <pctVal>0.0712592338</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KBC Group NV</name>
        <lei>213800X3Q9LSAKRUWY91</lei>
        <title>KBC Group NV (pfd) 6.00% 11/27/2174 Perpetual</title>
        <cusip>B5337GNS0</cusip>
        <identifiers>
          <isin value="BE0390219856"/>
          <ticker value="KBCBB"/>
          <other otherDesc="SEDOL" value="BRJNFJ2"/>
        </identifiers>
        <balance>600000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>720031.1500000000</valUSD>
        <pctVal>0.2470533176</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <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"/>
          <ticker value="AXASA"/>
          <other otherDesc="SEDOL" value="BVMTH55"/>
        </identifiers>
        <balance>658000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8609190000"/>
        <valUSD>779107.4900000000</valUSD>
        <pctVal>0.2673232820</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CBOT US Long Bond Future</name>
        <lei>N/A</lei>
        <title>US LONG BOND(CBT) Dec26</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="USZ6"/>
        </identifiers>
        <balance>-5.0000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>4990.2500000000</valUSD>
        <pctVal>0.0017122284</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>
              <counterpartyLei>B4TYDEB6GKMZO031MB27</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>US LONG BOND(CBT)</issuerName>
                <issueTitle>US LONG BOND(CBT) Dec26</issueTitle>
                <identifiers>
                  <ticker value="USZ6"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2026-12-21</expDate>
            <notionalAmt>-548115.2500000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>4990.2500000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <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>
        <identifiers>
          <ticker value="UXYZ6"/>
        </identifiers>
        <balance>-38.0000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>32582.1500000000</valUSD>
        <pctVal>0.0111794167</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>
              <counterpartyLei>B4TYDEB6GKMZO031MB27</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>US 10yr Ultra Fut</issuerName>
                <issueTitle>US 10yr Ultra Fut Dec26</issueTitle>
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                  <ticker value="UXYZ6"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2026-12-21</expDate>
            <notionalAmt>-4190613.4000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>32582.1500000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CBOT 2 Year US Treasury Note</name>
        <lei>N/A</lei>
        <title>US 2YR NOTE (CBT) Dec26</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="TUZ6"/>
        </identifiers>
        <balance>82.0000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-42472.2400000000</valUSD>
        <pctVal>-0.0145728526</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>
              <counterpartyLei>B4TYDEB6GKMZO031MB27</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>US 2YR NOTE (CBT)</issuerName>
                <issueTitle>US 2YR NOTE (CBT) Dec26</issueTitle>
                <identifiers>
                  <ticker value="TUZ6"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2026-12-31</expDate>
            <notionalAmt>16871691.0700000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-42472.2400000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CBOT 5 Year US Treasury Note</name>
        <lei>N/A</lei>
        <title>US 5YR NOTE (CBT) Dec26</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="FVZ6"/>
        </identifiers>
        <balance>-44.0000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>27314.9400000000</valUSD>
        <pctVal>0.0093721592</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>Bank of America</counterpartyName>
              <counterpartyLei>B4TYDEB6GKMZO031MB27</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>US 5YR NOTE (CBT)</issuerName>
                <issueTitle>US 5YR NOTE (CBT) Dec26</issueTitle>
                <identifiers>
                  <ticker value="FVZ6"/>
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            <expDate>2026-12-31</expDate>
            <notionalAmt>-4678252.4400000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>27314.9400000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ING Groep NV</name>
        <lei>549300NYKK9MWM7GGW15</lei>
        <title>ING Groep NV (pfd) 4.88% 05/16/2175 Perpetual</title>
        <cusip>N4578EKR8</cusip>
        <identifiers>
          <isin value="XS2122174415"/>
          <ticker value="INTNED"/>
          <other otherDesc="SEDOL" value="BLGM750"/>
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        <balance>1262000.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1217130.2100000000</valUSD>
        <pctVal>0.4176153439</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Clarios Global LP</name>
        <lei>549300474L1ZLXZY2P98</lei>
        <title>CLARIOS GLOBAL LP 2024 USD TERM LOAN B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XAC8000CAM55"/>
          <ticker value="POWSOL"/>
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        <balance>640000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>643040.0000000000</valUSD>
        <pctVal>0.2206365174</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-06</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.139200000000001</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>PRPM 2024-NQM3</name>
        <lei>N/A</lei>
        <title>PRPM 2024-NQM3 5.53</title>
        <cusip>69381FAC4</cusip>
        <identifiers>
          <isin value="US69381FAC41"/>
          <ticker value="PRPM"/>
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        <balance>987314.2500000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>981582.9900000000</valUSD>
        <pctVal>0.3367956153</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2069-08-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.533000000000000</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>PRKCM 2026-AFC2 Trust</name>
        <lei>N/A</lei>
        <title>PRKCM 2026-AFC2 Trust 5.72</title>
        <cusip>69383YAG2</cusip>
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        <curCd>USD</curCd>
        <valUSD>963218.8800000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>PMT Loan Trust 2025-J2</name>
        <lei>N/A</lei>
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          <isin value="US69392TAJ60"/>
          <ticker value="PMTLT"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>PRKCM 2025-AFC1 Trust</name>
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          <isin value="US69392YAB20"/>
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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>Variable</couponKind>
          <annualizedRt>5.101000000000000</annualizedRt>
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      <invstOrSec>
        <name>Pagaya AI Debt Grantor Trust 2025-1</name>
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        <title>Pagaya AI Debt Grantor Trust 2025-1 5.87</title>
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          <isin value="US69544NAD93"/>
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        <balance>398514.1200000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Pagaya AI Debt Grantor Trust 2025-3</name>
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          <isin value="US69544TAC80"/>
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        <balance>436911.3900000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Pagaya AI Debt Selection Trust</name>
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          <isin value="US69545UAC45"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Pagaya AI Debt Grantor Trust 2026-2</name>
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          <isin value="US69549PAC14"/>
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        <balance>584165.1200000000</balance>
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        <curCd>USD</curCd>
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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>
          <annualizedRt>6.029000000000000</annualizedRt>
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        <securityLending>
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        <name>RCKT Trust 2025-PL1</name>
        <lei>N/A</lei>
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          <isin value="US74939RAD35"/>
          <ticker value="RCKTL"/>
          <other otherDesc="SEDOL" value="BRT81F5"/>
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        <balance>138000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>136797.5500000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>RCKT Mortgage Trust 2024-CES1</name>
        <lei>N/A</lei>
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          <isin value="US749424AA57"/>
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        <balance>102971.5900000000</balance>
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        <curCd>USD</curCd>
        <valUSD>103170.3300000000</valUSD>
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        <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>RNL PH Owner LLC</name>
        <lei>N/A</lei>
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          <isin value="US74983YAC57"/>
          <ticker value="RLNT"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>RKTL 2026-3</name>
        <lei>N/A</lei>
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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>Eurex 5 Year Euro BOBL Future</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <ticker value="OEU6"/>
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        <assetCat>DIR</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CAN 10YR BOND FUT</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <ticker value="CNZ6"/>
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        <balance>-2.0000000000</balance>
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        <assetCat>DIR</assetCat>
        <issuerCat>NUSS</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>CBOT 10 Year US Treasury Note</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <ticker value="TYZ6"/>
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        <balance>-46.0000000000</balance>
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        <name>Jazz Financing Lux Sarl</name>
        <lei>635400WUEO2NSG5OIU34</lei>
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        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
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        <name>AMERICAN AIRLINES INC</name>
        <lei>IWUQB36BXD6OWD6X4T14</lei>
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          <ticker value="AAL"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AMERICAN AIRLINES INC</name>
        <lei>IWUQB36BXD6OWD6X4T14</lei>
        <title>American Airlines Inc 7.25 02/15/2028</title>
        <cusip>023771T32</cusip>
        <identifiers>
          <isin value="US023771T329"/>
          <ticker value="AAL"/>
          <other otherDesc="SEDOL" value="BMZLS41"/>
        </identifiers>
        <balance>1640000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1656741.4200000000</valUSD>
        <pctVal>0.5684524402</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>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>
        <identifiers>
          <isin value="US02379DAA81"/>
          <ticker value="AAL"/>
          <other otherDesc="SEDOL" value="BMG9LP6"/>
        </identifiers>
        <balance>918874.5900000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>898894.4900000000</valUSD>
        <pctVal>0.3084239702</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.850000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>American Assets Trust LP</name>
        <lei>549300V1TI0SMG9Z6U69</lei>
        <title>American Assets Trust LP 3.38 02/01/2031</title>
        <cusip>02401LAA2</cusip>
        <identifiers>
          <isin value="US02401LAA26"/>
          <ticker value="AAT"/>
          <other otherDesc="SEDOL" value="BM9QFV8"/>
        </identifiers>
        <balance>1460000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1323791.3100000000</valUSD>
        <pctVal>0.4542123420</pctVal>
        <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>
        </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>2597000.0000000000</balance>
        <units>OU</units>
        <descOthUnits>Swap Contract Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-205664.70999999996</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="-25609.3100000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="5.000000000000"/>
            <terminationDt>2031-06-20</terminationDt>
            <upfrontPmnt>0.000000000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>178724.799999999800</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>2597000.0000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-26939.910000000003</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>
