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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CREDIT INDUST ET COMM NY</name>
        <lei>N/A</lei>
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          <other otherDesc="INTERNAL" value="22536WGB6"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Battalion CLO LTD</name>
        <lei>549300JIE0P78OIZGS60</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UBS GROUP AG</name>
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        <invCountry>CH</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GENERAL MOTORS FINL CO</name>
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        <name>COREBRIDGE GLOB FUNDING</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FORTIVE CORPORATION</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Sound Point CLO LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FLORIDA POWER &amp; LIGHT CO</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CITIBANK NA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Barclays Commercial Mortgage S</name>
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        <name>UK CLEARING HOUSE LIMITED</name>
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        <name>STARBUCKS CORP</name>
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        <title>Starbucks Corp</title>
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        <name>Carval CLO LTD</name>
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        <name>COMM Mortgage Trust</name>
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        <title>COMM 2014-UBS3 Mortgage Trust</title>
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      <invstOrSec>
        <name>SVENSKA HANDELSBANKEN NY</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Voya CLO Ltd</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ENTERPRISE PRODUCTS OPER</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UNION PACIFIC CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>KENVUE INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>JEFFERIES FIN GROUP INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bluemountain CLO Ltd</name>
        <lei>N/A</lei>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-15</maturityDt>
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        <name>MIZUHO BANK LTD/NY</name>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DOMINION 3/27/2008 3.20%</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-10-02</maturityDt>
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      <invstOrSec>
        <name>Wells Fargo Commercial Mortgag</name>
        <lei>N/A</lei>
        <title>Wells Fargo Commercial Mortgage Trust 2015-NXS2</title>
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        <name>BRISTOL-MYERS SQUIBB CO</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Romark CLO Ltd</name>
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        <title>Romark WM-R Ltd</title>
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        <name>J.P. MORGAN SECURITIES LLC</name>
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        <name>Citigroup Commercial Mortgage</name>
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        <name>JPMBB Commercial Mortgage Secu</name>
        <lei>N/A</lei>
        <title>JPMBB Commercial Mortgage Securities Trust 2015-C32</title>
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        <name>Enterprise Fleet Financing LLC</name>
        <lei>N/A</lei>
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        <name>Nassau LTD</name>
        <lei>N/A</lei>
        <title>Nassau 2022-I Ltd</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>JPMBB Commercial Mortgage Secu</name>
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      <invstOrSec>
        <name>CFCRE Commercial Mortgage Trus</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>COMM Mortgage Trust</name>
        <lei>N/A</lei>
        <title>COMM 2015-PC1 Mortgage Trust</title>
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          <isin value="US12593GAF90"/>
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        <fairValLevel>2</fairValLevel>
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        <name>UK CLEARING HOUSE LIMITED</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WELLTOWER OP LLC</name>
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        <name>CATERPILLAR FINL SERVICE</name>
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        <title>Caterpillar Financial Services Corp</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DAIMLER TRUCK FINAN NA</name>
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        <title>Daimler Truck Finance North America LLC</title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>KKR Financial CLO Ltd</name>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>ANZ BANK</name>
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        <fairValLevel>2</fairValLevel>
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        <name>APPLE INC</name>
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        <title>Apple Inc</title>
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        <fairValLevel>2</fairValLevel>
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        <name>(PIPA070) PGIM Core Government Money Market Fund</name>
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        <name>Palmer Square Loan Funding Ltd</name>
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        <name>Morgan Stanley BAML Trust</name>
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        <name>ARES CLO Ltd</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GS Mortgage Securities Trust</name>
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        <title>GS Mortgage Securities Trust 2016-GS3</title>
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        <name>BENCHMARK Mortgage Trust</name>
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        <title>Benchmark 2018-B3 Mortgage Trust</title>
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        <name>ANALOG DEVICES INC</name>
        <lei>GYVOE5EZ4GDAVTU4CQ61</lei>
        <title>Analog Devices Inc</title>
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        <fairValLevel>2</fairValLevel>
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        <name>VOLKSWAGEN GROUP AMERICA</name>
        <lei>5493002SQ1AVQBY41K40</lei>
        <title>Volkswagen Group of America Finance LLC</title>
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        <name>KIMCO REALTY OP LLC</name>
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        <name>CBAM CLO Management</name>
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        <name>Palmer Square CLO Ltd</name>
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        <name>Voya CLO Ltd</name>
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        <name>CREDIT AGRICOLE CIB NY</name>
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        <name>BNP PARIBAS NY</name>
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        <name>UK CLEARING HOUSE LIMITED</name>
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        <name>TORONTO DOMINION BANK NY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>UK CLEARING HOUSE LIMITED</name>
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        <name>BENCHMARK Mortgage Trust</name>
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        <name>Oaktree CLO Ltd</name>
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        <name>COMM Mortgage Trust</name>
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        <name>OneMain Financial Issuance Tru</name>
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        <name>Ocean Trails CLO</name>
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        <name>NATIXIS NY BRANCH</name>
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        <name>DOMINION 3/27/2008 3.20%</name>
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        <name>Morgan Stanley BAML Trust</name>
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        <name>CIFC Funding Ltd</name>
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      <invstOrSec>
        <name>CARGILL INC</name>
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        <name>NEXTERA ENERGY CAPITAL HO</name>
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        <name>DNB BANK ASA</name>
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        <name>UK CLEARING HOUSE LIMITED</name>
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      <invstOrSec>
        <name>JPMBB Commercial Mortgage Secu</name>
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        <name>BENCHMARK Mortgage Trust</name>
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        <name>DAIMLER TRUCK FINAN NA</name>
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        <name>Voya CLO Ltd</name>
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        <name>3650R Commercial Mortgage Trus</name>
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        <name>Deutsche Bank Commercial Mortg</name>
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        <name>TOYOTA MOTOR CREDIT CORP</name>
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        <title>Toyota Motor Credit Corp</title>
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        <name>UK CLEARING HOUSE LIMITED</name>
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        <title>IRS USD</title>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Morgan Stanley Capital I Trust</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>JPMBB Commercial Mortgage Secu</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Citigroup Commercial Mortgage</name>
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        <name>BOFA SECURITIES INC</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>BELL CANADA</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>OZLM Ltd</name>
        <lei>N/A</lei>
        <title>OZLM IX Ltd</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>REALTY INCOME CORP</name>
        <lei>549300CUWDAUZSH43859</lei>
        <title>Realty Income Corp</title>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PACCAR FINANCIAL CORP</name>
        <lei>PH3S12DWZBHHQKVYZ297</lei>
        <title>PACCAR Financial Corp</title>
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      <invstOrSec>
        <name>Trinitas CLO Ltd</name>
        <lei>635400UFTIJ9NEWTCB16</lei>
        <title>TRINITAS CLO IV LTD</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Park Avenue Institutional Advi</name>
        <lei>N/A</lei>
        <title>Park Avenue Institutional Advisers CLO Ltd 2018-1</title>
        <cusip>70016RAL9</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CHICAGO MERCANTILE EXCHANGE INC.</name>
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        <name>NUCOR CORP</name>
        <lei>549300GGJCRSI2TIEJ46</lei>
        <title>Nucor Corp</title>
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      <invstOrSec>
        <name>Cent CLO LP</name>
        <lei>549300EPPYTG18BLNK44</lei>
        <title>Columbia Cent CLO 30 Ltd</title>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>COMM Mortgage Trust</name>
        <lei>N/A</lei>
        <title>COMM 2015-CCRE26 Mortgage Trust</title>
        <cusip>12593QBE9</cusip>
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        <balance>12465000.00000000</balance>
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        <valUSD>12222822.50000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.63000000</annualizedRt>
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      <invstOrSec>
        <name>VOLKSWAGEN GROUP AMERICA</name>
        <lei>5493002SQ1AVQBY41K40</lei>
        <title>Volkswagen Group of America Finance LLC</title>
        <cusip>928668BR2</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <annualizedRt>3.95000000</annualizedRt>
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      <invstOrSec>
        <name>Wells Fargo Commercial Mortgag</name>
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        <title>Wells Fargo Commercial Mortgage Trust 2015-NXS2</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JPMBB Commercial Mortgage Secu</name>
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          <isin value="US46643GAQ38"/>
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        <fairValLevel>2</fairValLevel>
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        <name>ARES CLO Ltd</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Citigroup Commercial Mortgage</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ALIMENTATION COUCHE-TARD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>UK CLEARING HOUSE LIMITED</name>
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        <title>IRS USD</title>
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      <invstOrSec>
        <name>COMM Mortgage Trust</name>
        <lei>N/A</lei>
        <title>COMM 2015-LC19 Mortgage Trust</title>
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        <name>GENERAL DYNAMICS CORP</name>
        <lei>9C1X8XOOTYY2FNYTVH06</lei>
        <title>General Dynamics Corp</title>
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      <invstOrSec>
        <name>JPMDB Commercial Mortgage Secu</name>
        <lei>N/A</lei>
        <title>JPMDB Commercial Mortgage Securities Trust 2016-C4</title>
        <cusip>46646RAH6</cusip>
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          <isin value="US46646RAH66"/>
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        <name>BANQUE FED CRED MUTUEL</name>
        <lei>VBHFXSYT7OG62HNT8T76</lei>
        <title>Banque Federative du Credit Mutuel SA</title>
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        <invCountry>FR</invCountry>
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        <name>DIAGEO CAPITAL PLC</name>
        <lei>213800L23DJLALFC4O95</lei>
        <title>Diageo Capital PLC</title>
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        <name>DTE ELECTRIC CO</name>
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        <title>DTE Electric Co</title>
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        <name>UK CLEARING HOUSE LIMITED</name>
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        <title>IRS USD</title>
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      <invstOrSec>
        <name>COMM Mortgage Trust</name>
        <lei>N/A</lei>
        <title>COMM 2012-CCRE4 Mortgage Trust</title>
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        <name>COOPERAT RABOBANK UA/NY</name>
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        <name>JPMBB Commercial Mortgage Secu</name>
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        <name>UK CLEARING HOUSE LIMITED</name>
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        <name>CANADIAN IMPERIAL BANK</name>
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        <name>VW CREDIT INC</name>
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        <name>UK CLEARING HOUSE LIMITED</name>
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        <name>One New York Plaza Trust 2020-</name>
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        <title>Home Depot Inc/The</title>
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      <invstOrSec>
        <name>Voya CLO Ltd</name>
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        <name>UK CLEARING HOUSE LIMITED</name>
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        <name>Wells Fargo Commercial Mortgag</name>
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        <name>Woodward Capital Management</name>
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        <name>DUKE ENERGY CORP</name>
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        <title>Duke Energy Corp</title>
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        <name>WELLS FARGO BANK NA</name>
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        <title>Wells Fargo Bank NA</title>
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        <name>UK CLEARING HOUSE LIMITED</name>
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        <name>KKR Financial CLO Ltd</name>
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        <name>NEW YORK LIFE GLOBAL FDG</name>
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        <name>PPM CLO LTD</name>
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        <name>Enterprise Fleet Financing LLC</name>
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        <name>IBM INTERNAT CAPITAL</name>
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        <name>JP Morgan Chase Commercial Mor</name>
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        <name>Deutsche Bank Commercial Mortg</name>
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        <name>COMMONWEALTH BANK AUST</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Carlyle Global Market Strategi</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Royal Bank of Canada</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NEXTERA ENERGY CAPITAL</name>
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        <name>CONS EDISON CO CP.</name>
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        <name>Towd Point Mortgage Trust</name>
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      <invstOrSec>
        <name>JPMBB Commercial Mortgage Secu</name>
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        <name>MERCEDES-BENZ FIN NA</name>
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        <name>Carlyle Global Market Strategi</name>
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        <name>PHILIP MORRIS INTL INC</name>
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        <name>Bank</name>
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        <name>GS Mortgage Securities Trust</name>
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        <name>Ballyrock Ltd</name>
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        <name>ONEOK INC</name>
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        <name>COMM Mortgage Trust</name>
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        <name>TOYOTA MOTOR CREDIT CORP</name>
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        <name>Avis Budget Rental Car Funding</name>
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        <name>INTEL CORP</name>
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        <name>COMM Mortgage Trust</name>
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      <invstOrSec>
        <name>Carlyle C17 CLO</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Neuberger Berman CLO Ltd</name>
        <lei>549300Y2YE54ON4DJE28</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>COMM Mortgage Trust</name>
        <lei>N/A</lei>
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          <isin value="US12593AAY10"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-05-10</maturityDt>
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      <invstOrSec>
        <name>Wells Fargo Commercial Mortgag</name>
        <lei>549300XO83D3BDYP0P62</lei>
        <title>Wells Fargo Commercial Mortgage Trust 2015-LC22</title>
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        <balance>8000000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>ENTERPRISE PRODUCTS OPER</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JP Morgan Chase Commercial Mor</name>
        <lei>N/A</lei>
        <title>JP Morgan Chase Commercial Mortgage Securities Trust 2015-JP1</title>
        <cusip>46590KAE4</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.91400000</annualizedRt>
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      <invstOrSec>
        <name>GLENCORE FUNDING LLC</name>
        <lei>N/A</lei>
        <title>GLENCORE FUNDING LLC</title>
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          <other otherDesc="INTERNAL" value="37790ALJ0"/>
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        <balance>10000000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-11-18</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>ING (US) FUNDING LLC</name>
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        <title>ING US FUNDING LLC</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-12-23</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Canyon Capital CLO Ltd</name>
        <lei>N/A</lei>
        <title>Canyon Capital CLO 2017-1 Ltd</title>
        <cusip>13876GAJ7</cusip>
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          <isin value="US13876GAJ76"/>
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        <balance>12492356.11000000</balance>
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        <assetCat>ABS-CBDO</assetCat>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>UNILEVER CAPITAL CORP</name>
        <lei>MYF1DAS6G5WY7PRWCU78</lei>
        <title>Unilever Capital Corp</title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>ING US FDG LLC DISC CP 4/A2 0 CP 27/11/2024</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>COREBRIDGE GLOB FUNDING</name>
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        <title>Corebridge Global Funding</title>
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          <isin value="US00138CAW82"/>
          <other otherDesc="SEDOL" value="BRCDDJ5"/>
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        <balance>30000000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Venture CDO Ltd</name>
        <lei>549300IW5Q3C6JHMIU22</lei>
        <title>Venture 37 CLO Ltd</title>
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        <balance>35000000.00000000</balance>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <name>ENBRIDGE INC</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
        <title>Enbridge Inc</title>
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        <balance>19000000.00000000</balance>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Canyon Capital CLO Ltd</name>
        <lei>N/A</lei>
        <title>Canyon Capital CLO 2016-1 Ltd</title>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-15</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>Morgan Stanley BAML Trust</name>
        <lei>N/A</lei>
        <title>Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>BHP BILLITON FIN USA LTD</name>
        <lei>5493003NUVITP3TMY274</lei>
        <title>BHP Billiton Finance USA Ltd</title>
        <cusip>055451AY4</cusip>
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        <balance>30000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>30123975.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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        <name>UK CLEARING HOUSE LIMITED</name>
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        <name>UK CLEARING HOUSE LIMITED</name>
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        <name>MERCEDES-BENZ FIN NA</name>
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        <name>UK CLEARING HOUSE LIMITED</name>
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      <invstOrSec>
        <name>Sound Point CLO LTD</name>
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      <invstOrSec>
        <name>PPG INDUSTRIES INC.</name>
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      <invstOrSec>
        <name>BRISTOL-MYERS SQUIBB CO</name>
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      <invstOrSec>
        <name>COMM Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SOFI CONSUMER LOAN PROGRAM TRU</name>
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        <name>Enterprise Fleet Financing LLC</name>
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        <name>CHICAGO MERCANTILE EXCHANGE INC.</name>
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        <name>MONDELEZ INTL HLDINGS NE</name>
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        <name>Sound Point CLO LTD</name>
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        <name>Rockford Tower CLO Ltd</name>
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        <name>HYUNDAI CAPITAL AMERICA</name>
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        <name>GLENCORE FUNDING LLC</name>
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        <name>Wells Fargo Commercial Mortgag</name>
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        <name>Shackleton CLO LTD</name>
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        <name>TOYOTA MOTOR CREDIT CORP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SUMITOMO MITSUI TR NY</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-09-03</maturityDt>
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        <name>UK CLEARING HOUSE LIMITED</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>SOUTHERN CAL EDISON</name>
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        <name>LSEG US FIN CORP</name>
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        <name>BELL CANADA</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-09-19</maturityDt>
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        <name>Romark CLO Ltd</name>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>UK CLEARING HOUSE LIMITED</name>
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        <name>Rockford Tower CLO Ltd</name>
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        <name>COOPERAT RABOBANK UA/NY</name>
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        <name>ROYAL BANK OF CANADA</name>
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        <name>PRINCIPAL LFE GLB FND II</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MERCEDES-BENZ FIN NA</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-03-30</maturityDt>
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      <invstOrSec>
        <name>BANK OF NEW YORK MELLON</name>
        <lei>N/A</lei>
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          <other otherDesc="INTERNAL" value="06428DAB8"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HONEYWELL INTERNATIONAL</name>
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        <title>Honeywell International Inc</title>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>TICP CLO Ltd</name>
        <lei>N/A</lei>
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          <isin value="US87248TAU97"/>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-04-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>COMM Mortgage Trust</name>
        <lei>N/A</lei>
        <title>COMM 2015-CCRE22 Mortgage Trust</title>
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          <isin value="US12592XBA37"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-03-10</maturityDt>
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      <invstOrSec>
        <name>Madison Park Funding Ltd</name>
        <lei>N/A</lei>
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          <isin value="US55821UAA25"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-04-19</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>WEC ENERGY GROUP INC</name>
        <lei>549300IGLYTZUK3PVP70</lei>
        <title>WEC Energy Group Inc</title>
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          <isin value="US92939UAK25"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>NORDEA BANK ABP</name>
        <lei>529900ODI3047E2LIV03</lei>
        <title>Nordea Bank Abp</title>
        <cusip>65558RAF6</cusip>
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          <isin value="US65558RAF64"/>
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        <balance>5556000.00000000</balance>
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        <invCountry>FI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>ORACLE CORP</name>
        <lei>1Z4GXXU7ZHVWFCD8TV52</lei>
        <title>Oracle Corp</title>
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          <isin value="US68389XBS36"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Golub Capital Partners Static</name>
        <lei>25490083RWI1EQQYLH43</lei>
        <title>Golub Capital Partners Static 2024-1 Ltd</title>
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          <isin value="US381929AA67"/>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>VERISK ANALYTICS INC</name>
        <lei>549300I1YSWNIRKBWP67</lei>
        <title>Verisk Analytics Inc</title>
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        <fairValLevel>2</fairValLevel>
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        <name>ALIMENTATION COUCHE-TARD</name>
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        <title>ALIMENTATION COUCHE-TARD</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CSAIL Commercial Mortgage Trus</name>
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        <title>Csail 2015-C2 Commercial Mortgage Trust</title>
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        <name>UK CLEARING HOUSE LIMITED</name>
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        <name>Cathedral Lake LTD</name>
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        <name>Palmer Square Loan Funding Ltd</name>
        <lei>N/A</lei>
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        <title>Georgia Power Co</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ROYAL BANK OF CANADA</name>
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        <title>Royal Bank of Canada</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-01-19</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Morgan Stanley BAML Trust</name>
        <lei>N/A</lei>
        <title>Morgan Stanley Bank of America Merrill Lynch Trust 2014 C19</title>
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          <isin value="US61764PBU57"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AMPHENOL CORP</name>
        <lei>549300D3L3G0R4U4VT04</lei>
        <title>Amphenol Corp</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-03-30</maturityDt>
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      <invstOrSec>
        <name>JP Morgan Mortgage Trust</name>
        <lei>529900ELA1S09AZO9Q54</lei>
        <title>JP Morgan Mortgage Trust 2024-HE2</title>
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          <isin value="US46593HAA68"/>
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        <curCd>USD</curCd>
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          <maturityDt>2054-10-20</maturityDt>
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      <invstOrSec>
        <name>COMM Mortgage Trust</name>
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        <title>COMM 2015-CCRE23 Mortgage Trust</title>
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          <isin value="US12593ABA25"/>
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          <maturityDt>2048-05-10</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CNH INDUSTRIAL CAP LLC</name>
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        <title>CNH Industrial Capital LLC</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-05-23</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>DAIMLER TRUCK FINAN NA</name>
        <lei>5493003HSDTSCZRXBA58</lei>
        <title>Daimler Truck Finance North America LLC</title>
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          <isin value="US233853AV24"/>
          <other otherDesc="SEDOL" value="BRF2087"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>GS Mortgage Securities Trust</name>
        <lei>N/A</lei>
        <title>GS Mortgage Securities Trust 2016-GS4</title>
        <cusip>36251XAQ0</cusip>
        <identifiers>
          <isin value="US36251XAQ07"/>
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        <balance>5764436.35000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5582903.87000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-11-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.17800000</annualizedRt>
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      <invstOrSec>
        <name>CIFC Funding Ltd</name>
        <lei>254900JEH56UBUEZJW15</lei>
        <title>CIFC Funding 2017-IV Ltd</title>
        <cusip>12551JAL0</cusip>
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          <isin value="US12551JAL08"/>
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        <curCd>USD</curCd>
        <valUSD>15537832.75000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>COMM Mortgage Trust</name>
        <lei>N/A</lei>
        <title>COMM 2015-LC23 Mortgage Trust</title>
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          <isin value="US12636FBJ12"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>AUST &amp; NZ BANKING GROUP</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>COMM Mortgage Trust</name>
        <lei>N/A</lei>
        <title>COMM 2015-CCRE22 Mortgage Trust</title>
        <cusip>12592XBC9</cusip>
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          <isin value="US12592XBC92"/>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Citigroup Commercial Mortgage</name>
        <lei>N/A</lei>
        <title>Citigroup Commercial Mortgage Trust 2014-GC25</title>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Zais Clo 7 llc</name>
        <lei>549300XFDOUEB0QTZS87</lei>
        <title>Zais Clo 7 Ltd</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>DOMINION 3/27/2008 3.20%</name>
        <lei>N/A</lei>
        <title>DOMINION RESOURCES INC.</title>
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          <other otherDesc="INTERNAL" value="2574P0K37"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-10-03</maturityDt>
          <couponKind>None</couponKind>
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        <name>BMW US CAPITAL LLC</name>
        <lei>KK5MZM9DIXLXZL9DZL15</lei>
        <title>BMW US Capital LLC</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Voya CLO Ltd</name>
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        <name>BMW US CAPITAL LLC</name>
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        <name>Avis Budget Rental Car Funding</name>
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        <name>KEURIG DR PEPPER INC</name>
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        <name>NATWEST MARKETS PLC</name>
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        <name>LOWE'S COS INC</name>
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        <name>ALEXANDRIA REAL ESTATE EQ</name>
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        <name>NATIONAL AUSTRALIA BK/NY</name>
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        <name>Voya CLO Ltd</name>
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        <name>Wellfleet CLO Ltd</name>
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        <name>Morgan Stanley BAML Trust</name>
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        <name>Ford Credit Floorplan Master O</name>
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        <name>Palmer Square CLO Ltd</name>
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      <invstOrSec>
        <name>Banc of America Commercial Mor</name>
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        <name>GILEAD SCIENCES INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Wells Fargo Commercial Mortgag</name>
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        <title>Wells Fargo Commercial Mortgage Trust 2016-C36</title>
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          <isin value="US95000MBN02"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GENERAL MOTORS FINL CO</name>
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        <title>General Motors Financial Co Inc</title>
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          <isin value="US37045XEW20"/>
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        <fairValLevel>2</fairValLevel>
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        <name>UK CLEARING HOUSE LIMITED</name>
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        <title>IRS USD</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>SUMITOMO MITSUI TR BK LT</name>
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        <title>Sumitomo Mitsui Trust Bank Ltd</title>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>OWENS CORNING</name>
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        <title>Owens Corning</title>
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        <fairValLevel>2</fairValLevel>
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        <name>UK CLEARING HOUSE LIMITED</name>
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        <name>Enterprise Fleet Financing LLC</name>
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        <name>MONDELEZ INTERNATIONAL</name>
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        <title>Mondelez International Inc</title>
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        <name>CREDIT IND ET COMML NY</name>
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        <name>MERCEDES-BENZ FIN NA</name>
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        <title>Mercedes-Benz Finance North America LLC</title>
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        <name>AM.HONDA 2/8/08 4.25%</name>
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        <name>FISERV INC</name>
        <lei>GI7UBEJLXYLGR2C7GV83</lei>
        <title>Fiserv Inc</title>
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      <invstOrSec>
        <name>FED CAISSES DESJARDINS</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NUTRIEN LTD</name>
        <lei>5493002QQ7GD21OWF963</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Greywolf CLO Ltd</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SWEDBANK AB</name>
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        <invCountry>SE</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>DTE ENERGY CO</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CSAIL Commercial Mortgage Trus</name>
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        <title>CSAIL 2016-C5 Commercial Mortgage Trust</title>
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        <name>Morgan Stanley BAML Trust</name>
        <lei>N/A</lei>
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          <isin value="US61764XBH70"/>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BAE SYSTEMS PLC</name>
        <lei>8SVCSVKSGDWMW2QHOH83</lei>
        <title>BAE Systems PLC</title>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>ERP OPERATING LP</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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        <name>Morgan Stanley Capital I Trust</name>
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        <name>MidOcean Credit CLO</name>
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        <title>Midocean Credit Clo VII</title>
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        <name>Morgan Stanley BAML Trust</name>
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      <invstOrSec>
        <name>COMM Mortgage Trust</name>
        <lei>N/A</lei>
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        <name>AMPHENOL CORP</name>
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        <title>Amphenol Corp</title>
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        <name>ROYAL BANK OF CANADA</name>
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        <name>UK CLEARING HOUSE LIMITED</name>
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        <name>COMM Mortgage Trust</name>
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        <name>MET LIFE GLOB FUNDING I</name>
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        <name>Saratoga Investment Corp CLO L</name>
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        <name>Citigroup Commercial Mortgage</name>
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        <name>COMMONWEALTH BK AUSTR NY</name>
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        <name>Deutsche Bank Commercial Mortg</name>
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        <name>Regatta XVI Funding Ltd.</name>
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        <name>UK CLEARING HOUSE LIMITED</name>
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        <name>Benefit Street Partners CLO Lt</name>
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        <name>ICG US CLO Ltd</name>
        <lei>635400HSQQQ24A9NAK80</lei>
        <title>ICG US CLO 2014-3 Ltd</title>
        <cusip>44929FBA9</cusip>
        <identifiers>
          <isin value="US44929FBA93"/>
        </identifiers>
        <balance>4747871.28000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4750245.22000000</valUSD>
        <pctVal>0.063301928174</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.57621000</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>PROTECTIVE LIFE GLOBAL</name>
        <lei>635400EVYITCJYWL2I50</lei>
        <title>Protective Life Global Funding</title>
        <cusip>74368CBX1</cusip>
        <identifiers>
          <isin value="US74368CBX11"/>
          <other otherDesc="SEDOL" value="BR87C38"/>
        </identifiers>
        <balance>19000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>19232733.66000000</valUSD>
        <pctVal>0.256296058066</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.99200000</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>RTX CORP</name>
        <lei>I07WOS4YJ0N7YRFE7309</lei>
        <title>RTX Corp</title>
        <cusip>75513ECT6</cusip>
        <identifiers>
          <isin value="US75513ECT64"/>
          <other otherDesc="SEDOL" value="BQHN230"/>
        </identifiers>
        <balance>40000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>41022646.80000000</valUSD>
        <pctVal>0.546669176216</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</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 HONDA FINANCE</name>
        <lei>B6Q2VFHD1797Q7NZ3E43</lei>
        <title>American Honda Finance Corp</title>
        <cusip>02665WFB2</cusip>
        <identifiers>
          <isin value="US02665WFB28"/>
          <other otherDesc="SEDOL" value="BQC5QN9"/>
        </identifiers>
        <balance>10000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10011351.20000000</valUSD>
        <pctVal>0.133411604082</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-08-14</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.93437400</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>Venture CDO Ltd</name>
        <lei>549300EDZDHKTKE7JV77</lei>
        <title>Venture XXIV CLO Ltd</title>
        <cusip>92330WBJ5</cusip>
        <identifiers>
          <isin value="US92330WBJ53"/>
        </identifiers>
        <balance>513386.44000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>513489.12000000</valUSD>
        <pctVal>0.006842773348</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.44362000</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>UK CLEARING HOUSE LIMITED</name>
        <lei>213800O8SCO4XJGBU385</lei>
        <title>IRS USD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="B8ABK03S0"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>42766.62000000</valUSD>
        <pctVal>0.000569909421</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>UK CLEARING HOUSE LIMITED</counterpartyName>
              <counterpartyLei>213800O8SCO4XJGBU385</counterpartyLei>
            </counterparties>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="THE SECURED OVERNIGHT FINANCING RATE" floatingRtSpread="0.00000000" pmntAmt="8000000.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Year" rateTenorUnit="1" resetDt="Day" resetDtUnit="1"/>
              </rtResetTenors>
            </floatingRecDesc>
            <fixedPmntDesc amount="N/A" curCd="USD" fixedOrFloating="Fixed" fixedRt="4.24050000"/>
            <terminationDt>2025-05-25</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>8000000.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>42766.62000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNITEDHEALTH GROUP INC</name>
        <lei>549300GHBMY8T5GXDE41</lei>
        <title>UnitedHealth Group Inc</title>
        <cusip>91324PEN8</cusip>
        <identifiers>
          <isin value="US91324PEN87"/>
          <other otherDesc="SEDOL" value="BQ82ZF9"/>
        </identifiers>
        <balance>5750000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5794611.61000000</valUSD>
        <pctVal>0.077219189945</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.15000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>

      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2024-10-28</ncom:dateSigned>
      <ncom:nameOfApplicant>PGIM ETF Trust</ncom:nameOfApplicant>
      <ncom:signature>Christian J. Kelly</ncom:signature>
      <ncom:signerName>Christian J. Kelly</ncom:signerName>
      <ncom:title>Chief Financial Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
