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        <othMon2 netRealizedGain="1299410.32000000" netUnrealizedAppr="5883556.42000000"/>
        <othMon3 netRealizedGain="679742.58000000" netUnrealizedAppr="-45334964.92000000"/>
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      <mon1Flow redemption="203595234.13999999" reinvestment="15086780.53999999" sales="110506232.79000001"/>
      <mon2Flow redemption="65173744.65999999" reinvestment="14798333.43999999" sales="55390285.85000000"/>
      <mon3Flow redemption="69885724.89000000" reinvestment="13262905.05000000" sales="58224184.63000000"/>



      <varInfo>

        <fundsDesignatedInfo>
          <nameDesignatedIndex>Fund`s Designated Reference Portfolio is the Fund`s Securities Portfolio</nameDesignatedIndex>
          <indexIdentifier>Fund`s Designated Reference Portfolio is the Fund`s Securities Portfolio</indexIdentifier>

        </fundsDesignatedInfo>

      </varInfo>
    </fundInfo>
    <invstOrSecs>
      <invstOrSec>
        <name>Bombardier, Inc.</name>
        <lei>W7L3VLU8EHQY34Z36697</lei>
        <title>Bombardier, Inc.</title>
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          <isin value="US097751CB51"/>
          <other otherDesc="Inhouse Asset ID" value="097751CB5"/>
        </identifiers>
        <balance>175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>183385.48000000</valUSD>
        <pctVal>0.004607401572</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mexican Peso</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="ISO Currency code" value="MXN"/>
        </identifiers>
        <balance>1941800.00000000</balance>
        <units>OU</units>
        <descOthUnits>Currencies</descOthUnits>
        <currencyConditional curCd="MXN" exchangeRt="17.92300000"/>
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        <pctVal>0.002721979949</pctVal>
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        <assetCat>STIV</assetCat>
        <issuerConditional desc="Foreign currencies" issuerCat="OTHER"/>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Stratton Mortgage Funding plc</name>
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        <balance>100000.00000000</balance>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HCA, Inc.</name>
        <lei>L3CJ6J7LJ2DX62FTXD46</lei>
        <title>HCA, Inc.</title>
        <cusip>404119BT5</cusip>
        <identifiers>
          <isin value="US404119BT57"/>
          <other otherDesc="Inhouse Asset ID" value="404119BT5"/>
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        <balance>9751000.00000000</balance>
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        <valUSD>9756634.91000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chemours Co. (The)</name>
        <lei>549300M1BOLNXL8DOV14</lei>
        <title>Chemours Co. (The)</title>
        <cusip>163851AL2</cusip>
        <identifiers>
          <isin value="US163851AL27"/>
          <other otherDesc="Inhouse Asset ID" value="163851AL2"/>
        </identifiers>
        <balance>201000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>200941.57000000</valUSD>
        <pctVal>0.005048483149</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.87500000</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>Emera US Finance LLC</name>
        <lei>N/A</lei>
        <title>Emera US Finance LLC</title>
        <cusip>29103HAC1</cusip>
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          <isin value="US29103HAC16"/>
          <other otherDesc="Inhouse Asset ID" value="29103HAC1"/>
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        <balance>4904000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4898160.12000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</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>Broadcom, Inc.</name>
        <lei>549300WV6GIDOZJTV909</lei>
        <title>Broadcom, Inc.</title>
        <cusip>11135FAQ4</cusip>
        <identifiers>
          <isin value="US11135FAQ46"/>
          <other otherDesc="Inhouse Asset ID" value="11135FAQ4"/>
        </identifiers>
        <balance>3381000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3328229.59000000</valUSD>
        <pctVal>0.083618889820</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.15000000</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>Flash Compute LLC</name>
        <lei>N/A</lei>
        <title>Flash Compute LLC</title>
        <cusip>33853QAA9</cusip>
        <identifiers>
          <isin value="US33853QAA94"/>
          <other otherDesc="Inhouse Asset ID" value="33853QAA9"/>
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        <balance>948000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>954437.87000000</valUSD>
        <pctVal>0.023979425978</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citigroup, Inc.</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup, Inc.</title>
        <cusip>172967LW9</cusip>
        <identifiers>
          <isin value="US172967LW98"/>
          <other otherDesc="Inhouse Asset ID" value="172967LW9"/>
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        <balance>1954000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1939625.63000000</valUSD>
        <pctVal>0.048731416346</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-23</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.07500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Goldman Home Improvement Trust Issuer Trust</name>
        <lei>N/A</lei>
        <title>Goldman Home Improvement Trust Issuer Trust, Series 2022-GRN2, Class A</title>
        <cusip>38151JAA3</cusip>
        <identifiers>
          <isin value="US38151JAA34"/>
          <other otherDesc="Inhouse Asset ID" value="38151JAA3"/>
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        <balance>941477.39000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>962194.13000000</valUSD>
        <pctVal>0.024174295302</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-10-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.80000000</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>Buckeye Partners LP</name>
        <lei>549300C1PQJLVEIUBK50</lei>
        <title>Buckeye Partners LP</title>
        <cusip>118230AV3</cusip>
        <identifiers>
          <isin value="US118230AV39"/>
          <other otherDesc="Inhouse Asset ID" value="118230AV3"/>
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        <balance>10000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10292.30000000</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>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</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>DBC Mortgage Trust</name>
        <lei>N/A</lei>
        <title>DBC Mortgage Trust, Series 2025-DBC, Class D</title>
        <cusip>23306HAG0</cusip>
        <identifiers>
          <isin value="US23306HAG02"/>
          <other otherDesc="Inhouse Asset ID" value="23306HAG0"/>
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        <balance>2250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2241566.78000000</valUSD>
        <pctVal>0.056317426587</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-11-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.27300000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Lsf12 Helix Parent LLC</name>
        <lei>254900H70V4IL22BHL88</lei>
        <title>Lsf12 Helix Parent LLC</title>
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          <isin value="US548916AA33"/>
          <other otherDesc="Inhouse Asset ID" value="548916AA3"/>
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        <balance>548000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>527398.54000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.12500000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>3140HP5K9</cusip>
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          <isin value="US3140HP5K92"/>
          <other otherDesc="Inhouse Asset ID" value="3140HP5K9"/>
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        <balance>516653.98030000</balance>
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        <curCd>USD</curCd>
        <valUSD>513752.61000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>JPMorgan Chase &amp; Co.</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMorgan Chase &amp; Co.</title>
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          <isin value="US46647PCP99"/>
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        <balance>2330000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2298114.91000000</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>2027-09-22</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.47000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>General Motors Financial Co., Inc.</name>
        <lei>5493008B6JBRUJ90QL97</lei>
        <title>General Motors Financial Co., Inc.</title>
        <cusip>37045XFM3</cusip>
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          <isin value="US37045XFM39"/>
          <other otherDesc="Inhouse Asset ID" value="37045XFM3"/>
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        <balance>2315000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2281590.96000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.60000000</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>Tower Bridge Funding plc</name>
        <lei>635400XMA28GDAPK1E69</lei>
        <title>Tower Bridge Funding plc, Series 2024-3X, Class C</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2885224134"/>
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        <name>Clydesdale Acquisition Holdings, Inc.</name>
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        <name>MFA Trust</name>
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        <name>KeyCorp</name>
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        <name>La Trobe Financial Capital Markets Trust</name>
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        <name>Auburn 15 plc</name>
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      <invstOrSec>
        <name>Benefit Street Partners CLO X Ltd.</name>
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        <name>AT&amp;T, Inc.</name>
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        <name>JPMorgan Chase &amp; Co.</name>
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        <name>NCMF Trust</name>
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        <name>New Residential Mortgage Loan Trust</name>
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        <name>CSTL Commercial Mortgage Trust</name>
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        <name>Nelnet Student Loan Trust</name>
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        <name>Cascade MH Asset Trust</name>
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        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
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      <invstOrSec>
        <name>Olympus Water U.S. Holding Corp.</name>
        <lei>549300YU2GGVCBN3MY89</lei>
        <title>Olympus Water US Holding Corp.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-08-01</maturityDt>
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          <annualizedRt>6.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Standard Industries, Inc.</name>
        <lei>54930064UHXCIUWVI755</lei>
        <title>Standard Industries, Inc.</title>
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          <isin value="US853496AG21"/>
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        <balance>605000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>570251.76000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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      <invstOrSec>
        <name>TCW CLO Ltd.</name>
        <lei>N/A</lei>
        <title>TCW CLO Ltd., Series 2023-1A, Class A1R</title>
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          <isin value="US872373AS41"/>
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        <balance>825000.00000000</balance>
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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>2038-03-31</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.04802080</annualizedRt>
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      <invstOrSec>
        <name>Tidewater, Inc.</name>
        <lei>2549000JA5GRUPLMUH98</lei>
        <title>Tidewater, Inc.</title>
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          <isin value="US88642RAE99"/>
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        <balance>191000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>203478.41000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Elevance Health, Inc.</name>
        <lei>8MYN82XMYQH89CTMTH67</lei>
        <title>Elevance Health, Inc.</title>
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          <isin value="US036752AY95"/>
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        <balance>181000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>184384.23000000</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>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.15000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Beach Acquisition Bidco LLC</name>
        <lei>254900F2FNX3GBTB6202</lei>
        <title>Beach Acquisition Bidco LLC</title>
        <cusip>07337JAE7</cusip>
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          <isin value="XS3109433477"/>
          <other otherDesc="Inhouse Asset ID" value="BYDLVXFY8"/>
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        <balance>365000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.86516416"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BWX Technologies, Inc.</name>
        <lei>549300NP85N265KWMS58</lei>
        <title>BWX Technologies, Inc.</title>
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          <isin value="US05605HAB69"/>
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        <balance>444000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>431710.70000000</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>2028-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Consumers Energy Co.</name>
        <lei>7NKTFWJ1G6MELP9TU740</lei>
        <title>Consumers Energy Co.</title>
        <cusip>210518DX1</cusip>
        <identifiers>
          <isin value="US210518DX16"/>
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        <balance>363000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>366594.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.70000000</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>Williams Scotsman, Inc.</name>
        <lei>549300DAKDS8SCO1OT57</lei>
        <title>Williams Scotsman, Inc.</title>
        <cusip>96949VAN3</cusip>
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          <isin value="US96949VAN38"/>
          <other otherDesc="Inhouse Asset ID" value="96949VAN3"/>
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        <balance>379000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>384984.03000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Together Asset-Backed Securitisation plc</name>
        <lei>635400IODF9CE3RX8L03</lei>
        <title>Together Asset-Backed Securitisation plc, Series 2024-2ND1X, Class D</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2742450344"/>
          <other otherDesc="Inhouse Asset ID" value="BRYUB2GS2"/>
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        <balance>119000.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.75551526"/>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-08-20</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GoodLeap Home Improvement Solutions Trust</name>
        <lei>N/A</lei>
        <title>GoodLeap Home Improvement Solutions Trust, Series 2025-3A, Class A</title>
        <cusip>38237FAA9</cusip>
        <identifiers>
          <isin value="US38237FAA93"/>
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        <balance>2496821.66000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-10-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Jupiter Mortgage No. 1 plc</name>
        <lei>6354009QIELPOGEAFS09</lei>
        <title>Jupiter Mortgage No. 1 plc, Series 1X, Class BR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2737622212"/>
          <other otherDesc="Inhouse Asset ID" value="BRYU9V8G6"/>
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        <balance>1362000.00000000</balance>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-07-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.45393950</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CSMC Trust</name>
        <lei>N/A</lei>
        <title>CSMC Trust, Series 2017-RPL1, Class A1</title>
        <cusip>22945AAA7</cusip>
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          <isin value="US22945AAA79"/>
          <other otherDesc="Inhouse Asset ID" value="22945AAA7"/>
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        <balance>256601.43000000</balance>
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        <curCd>USD</curCd>
        <valUSD>251497.47000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.75000040</annualizedRt>
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      <invstOrSec>
        <name>Braccan Mortgage Funding plc</name>
        <lei>6354003DBF3NI8QJRR63</lei>
        <title>Braccan Mortgage Funding plc, Series 2025-1X, Class A</title>
        <cusip>N/A</cusip>
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          <isin value="XS3063586344"/>
          <other otherDesc="Inhouse Asset ID" value="BYDJEKE54"/>
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        <balance>1029348.50100000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Liberty</name>
        <lei>N/A</lei>
        <title>Liberty, Series 2025-1, Class A1B</title>
        <cusip>N/A</cusip>
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          <isin value="AU3FN0095089"/>
          <other otherDesc="Inhouse Asset ID" value="Z96Z487C6"/>
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        <balance>417225.76000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.44938039"/>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>FirstEnergy Transmission LLC</name>
        <lei>549300AINIIPOLYX2R63</lei>
        <title>FirstEnergy Transmission LLC</title>
        <cusip>33767BAD1</cusip>
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          <isin value="US33767BAD10"/>
          <other otherDesc="Inhouse Asset ID" value="33767BAD1"/>
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        <balance>1662000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1597109.89000000</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>2028-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.86600000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GreenSky Home Improvement Issuer Trust</name>
        <lei>N/A</lei>
        <title>GreenSky Home Improvement Issuer Trust, Series 2025-2A, Class A4</title>
        <cusip>39571VAD0</cusip>
        <identifiers>
          <isin value="US39571VAD01"/>
          <other otherDesc="Inhouse Asset ID" value="39571VAD0"/>
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        <balance>1313166.44000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1311603.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-06-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.89000000</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>GAMMA Sociedade de Titularizacao de Creditos SA Consumer Totta 3</name>
        <lei>N/A</lei>
        <title>GAMMA Sociedade de Titularizacao de Creditos SA Consumer Totta 3, Series 3, Class D</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PTGAMXOM0017"/>
          <other otherDesc="Inhouse Asset ID" value="BYDS8JL56"/>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-10-25</maturityDt>
          <couponKind>Floating</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Carnival Corp.</name>
        <lei>F1OF2ZSX47CR0BCWA982</lei>
        <title>Carnival Corp.</title>
        <cusip>143658BZ4</cusip>
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          <isin value="US143658BZ43"/>
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        <balance>325000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>328994.58000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CNX Resources Corp.</name>
        <lei>549300JK3KH8PWM3B226</lei>
        <title>CNX Resources Corp.</title>
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          <isin value="US12653CAM01"/>
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        <balance>272000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>264894.44000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Pierpont BTL plc</name>
        <lei>6354004XBFL8EVVJME24</lei>
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        <cusip>N/A</cusip>
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          <isin value="XS2920470023"/>
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        <balance>100000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2061-09-21</maturityDt>
          <couponKind>Floating</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bausch + Lomb Corp.</name>
        <lei>549300NY6OZM39SO6475</lei>
        <title>Bausch + Lomb Corp.</title>
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          <isin value="US071705AA56"/>
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        <balance>2115000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Discovery Global Holdings, Inc.</name>
        <lei>549300DXR29GD4N0A520</lei>
        <title>Discovery Global Holdings, Inc.</title>
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          <isin value="US55903VBW28"/>
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        <balance>1168000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>769485.08000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BPR Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>BPR Commercial Mortgage Trust, Series 2025-STAR, Class B</title>
        <cusip>05619DAC7</cusip>
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          <isin value="US05619DAC74"/>
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        <balance>2180000.00000000</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>
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        <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>Pacific Gas &amp; Electric Co.</name>
        <lei>1HNPXZSMMB7HMBMVBS46</lei>
        <title>Pacific Gas &amp; Electric Co.</title>
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          <isin value="US694308KQ98"/>
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        <balance>8990000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CHL Mortgage Pass-Through Trust</name>
        <lei>N/A</lei>
        <title>CHL Mortgage Pass-Through Trust, Series 2005-HYB8, Class 2A1</title>
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          <isin value="US126694QF82"/>
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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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      <invstOrSec>
        <name>EQT Corp.</name>
        <lei>4NT01YGM4X7ZX86ISY52</lei>
        <title>EQT Corp.</title>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Clarios Global LP</name>
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        <title>Clarios Global LP</title>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>J.P. Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>J.P. Morgan Mortgage Trust, Series 2021-6, Class A12</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Higley Park CLO Ltd.</name>
        <lei>213800CD95HT8UXDOH68</lei>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Global Payments, Inc.</name>
        <lei>549300NOMHGVQBX6S778</lei>
        <title>Global Payments, Inc.</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Service Experts Issuer LLC</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Velocity Commercial Capital Loan Trust</name>
        <lei>N/A</lei>
        <title>Velocity Commercial Capital Loan Trust, Series 2019-3, Class A</title>
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          <isin value="US92257HAA77"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Performance Food Group, Inc.</name>
        <lei>549300OMUOGBYK0FFO76</lei>
        <title>Performance Food Group, Inc.</title>
        <cusip>71376LAE0</cusip>
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          <isin value="US71376LAE02"/>
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        <balance>6000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5763.39000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>3140J5J75</cusip>
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          <isin value="US3140J5J757"/>
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        <curCd>USD</curCd>
        <valUSD>6922.00000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>Citibank NA</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
        <title>Citibank NA</title>
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          <isin value="US17325FBP27"/>
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        <balance>3712000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.91400000</annualizedRt>
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      <invstOrSec>
        <name>Mosaic Solar Loan Trust</name>
        <lei>N/A</lei>
        <title>Mosaic Solar Loan Trust, Series 2022-2A, Class A</title>
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          <isin value="US61946UAA07"/>
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        <balance>350338.16670000</balance>
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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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      <invstOrSec>
        <name>TAGUS-Sociedade de Titularizacao de Creditos SA</name>
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        <title>TAGUS - Sociedade de Titularizacao de Creditos SA, Series 2, Class C</title>
        <cusip>N/A</cusip>
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          <isin value="PTTGU7OM0023"/>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Enterprise Fleet Financing LLC</name>
        <lei>N/A</lei>
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          <isin value="US29375QAD07"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-03-20</maturityDt>
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      <invstOrSec>
        <name>Benefit Street Partners CLO X Ltd.</name>
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          <isin value="US08181LBJ52"/>
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        <curCd>USD</curCd>
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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>Frontier Communications Holdings LLC</name>
        <lei>N/A</lei>
        <title>Frontier Communications Holdings LLC</title>
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        <balance>580000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BRAVO Residential Funding Trust</name>
        <lei>254900KREJHICFBDC014</lei>
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          <isin value="US105927AC11"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>JPMorgan Chase &amp; Co.</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMorgan Chase &amp; Co.</title>
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          <isin value="US46647PBX33"/>
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        <balance>4580000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4032677.73000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-04</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Beazer Homes USA, Inc.</name>
        <lei>549300DUPYT2T0F60I45</lei>
        <title>Beazer Homes USA, Inc.</title>
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        <balance>23000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Molina Healthcare, Inc.</name>
        <lei>549300NQQCEQ46YHZ591</lei>
        <title>Molina Healthcare, Inc.</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>GLP Capital LP</name>
        <lei>2549005PXW31DRW8EC44</lei>
        <title>GLP Capital LP</title>
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          <isin value="US361841AL38"/>
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        <balance>3518000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.30000000</annualizedRt>
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      <invstOrSec>
        <name>Signal Peak CLO 12 Ltd.</name>
        <lei>N/A</lei>
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        <cusip>82671XAQ6</cusip>
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        <valUSD>540394.36000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>UK Logistics DAC</name>
        <lei>635400CRV6HKMHJF8S64</lei>
        <title>UK Logistics DAC, Series 2025-2X, Class C</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS3192372913"/>
          <other otherDesc="Inhouse Asset ID" value="Z979U3VE4"/>
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        <balance>280781.27000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.75551526"/>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Constellation Energy Generation LLC</name>
        <lei>S2PEWKCZFFECR4533P43</lei>
        <title>Constellation Energy Generation LLC</title>
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        <balance>4230000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4174850.36000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.40000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Chase Home Lending Mortgage Trust</name>
        <lei>529900V91KVGSU3Z1A61</lei>
        <title>Chase Home Lending Mortgage Trust, Series 2025-5, Class A11</title>
        <cusip>161935BA8</cusip>
        <identifiers>
          <isin value="US161935BA80"/>
          <other otherDesc="Inhouse Asset ID" value="161935BA8"/>
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        <balance>5003435.49000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5024943.26000000</valUSD>
        <pctVal>0.126247353269</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.16189960</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>Federal National Mortgage Association</name>
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        <name>Hilcorp Energy I LP</name>
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        <name>London Cards No. 2 plc</name>
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        <name>ARI Fleet Lease Trust</name>
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        <name>K. Hovnanian Enterprises, Inc.</name>
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        <name>Talen Energy Supply LLC</name>
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        <name>Government National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>J.P. Morgan Chase Commercial Mortgage Securities Trust</name>
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        <name>Neptune Bidco US, Inc.</name>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.50000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sequoia Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Sequoia Mortgage Trust, Series 2026-HYB1, Class A1A</title>
        <cusip>81750GAB2</cusip>
        <identifiers>
          <isin value="US81750GAB23"/>
          <other otherDesc="Inhouse Asset ID" value="81750GAB2"/>
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        <balance>3655000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3591788.49000000</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>4.67372880</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>Wells Fargo &amp; Co.</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>Wells Fargo &amp; Co.</title>
        <cusip>95000U3E1</cusip>
        <identifiers>
          <isin value="US95000U3E14"/>
          <other otherDesc="Inhouse Asset ID" value="95000U3E1"/>
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        <balance>4410000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4511308.95000000</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>2029-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.57400000</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>Vistra Operations Co. LLC</name>
        <lei>549300ZH5GKBTJZ7NM23</lei>
        <title>Vistra Operations Co. LLC</title>
        <cusip>92840VAB8</cusip>
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          <isin value="US92840VAB80"/>
          <other otherDesc="Inhouse Asset ID" value="92840VAB8"/>
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        <balance>102000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>101999.92000000</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>5.62500000</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>MLTI Trust</name>
        <lei>N/A</lei>
        <title>MLTI Trust, Series 2026-SF75, Class B</title>
        <cusip>55318JAC3</cusip>
        <identifiers>
          <isin value="US55318JAC36"/>
          <other otherDesc="Inhouse Asset ID" value="55318JAC3"/>
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        <balance>2791000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2777045.00000000</valUSD>
        <pctVal>0.069770853723</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.37251040</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>Crown Castle, Inc.</name>
        <lei>54930012H97VSM0I2R19</lei>
        <title>Crown Castle, Inc.</title>
        <cusip>22822VAH4</cusip>
        <identifiers>
          <isin value="US22822VAH42"/>
          <other otherDesc="Inhouse Asset ID" value="22822VAH4"/>
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        <balance>3135000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3097480.26000000</valUSD>
        <pctVal>0.077821512482</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.65000000</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>Fortuna Consumer Loan ABS DAC</name>
        <lei>635400WJJIABFKEPEL72</lei>
        <title>Fortuna Consumer Loan ABS DAC, Series 2024-2, Class C</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2887887748"/>
          <other otherDesc="Inhouse Asset ID" value="BYD8DPY64"/>
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        <balance>73332.71000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86516416"/>
        <valUSD>85049.12000000</valUSD>
        <pctVal>0.002136785579</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-18</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.59799840</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>BAY Mortgage Trust</name>
        <lei>N/A</lei>
        <title>BAY Mortgage Trust, Series 2025-LIVN, Class A</title>
        <cusip>072925AA8</cusip>
        <identifiers>
          <isin value="US072925AA82"/>
          <other otherDesc="Inhouse Asset ID" value="072925AA8"/>
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        <balance>4147000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4124976.94000000</valUSD>
        <pctVal>0.103636477872</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.47300080</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>Ascent Resources Utica Holdings LLC</name>
        <lei>549300EGLQ2M2CL7JZ89</lei>
        <title>Ascent Resources Utica Holdings LLC</title>
        <cusip>04364VAU7</cusip>
        <identifiers>
          <isin value="US04364VAU70"/>
          <other otherDesc="Inhouse Asset ID" value="04364VAU7"/>
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        <balance>254000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>253764.82000000</valUSD>
        <pctVal>0.006375621618</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</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>Towd Point Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Towd Point Mortgage Trust, Series 2018-2, Class A1</title>
        <cusip>89175VAA1</cusip>
        <identifiers>
          <isin value="US89175VAA17"/>
          <other otherDesc="Inhouse Asset ID" value="89175VAA1"/>
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        <balance>1021003.67000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1012670.85000000</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>2058-03-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.25000080</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>Oracle Corp.</name>
        <lei>1Z4GXXU7ZHVWFCD8TV52</lei>
        <title>Oracle Corp.</title>
        <cusip>68389XDX0</cusip>
        <identifiers>
          <isin value="US68389XDX03"/>
          <other otherDesc="Inhouse Asset ID" value="68389XDX0"/>
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        <balance>7555000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7392113.14000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.95000000</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>Asset-Backed European Securitisation Transaction Twenty-Three SARL</name>
        <lei>213800WQKYRCMTF4FR47</lei>
        <title>Asset-Backed European Securitisation Transaction Twenty-Three SARL, Series 23, Class D</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2913183989"/>
          <other otherDesc="Inhouse Asset ID" value="Z96T93N61"/>
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        <balance>79087.21000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86516416"/>
        <valUSD>92087.48000000</valUSD>
        <pctVal>0.002313618287</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-21</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.81999960</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>Boots Group Finco LP</name>
        <lei>254900YVLYOVF1PF1N93</lei>
        <title>Boots Group Finco LP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS3134602401"/>
          <other otherDesc="Inhouse Asset ID" value="BYDMY4932"/>
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        <balance>385000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.86516416"/>
        <valUSD>442743.44000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</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>PKHL Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>PKHL Commercial Mortgage Trust, Series 2021-MF, Class A</title>
        <cusip>69356GAA7</cusip>
        <identifiers>
          <isin value="US69356GAA76"/>
          <other otherDesc="Inhouse Asset ID" value="69356GAA7"/>
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        <balance>3047000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2880968.67000000</valUSD>
        <pctVal>0.072381846047</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.66747920</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>Crescent Energy Finance LLC</name>
        <lei>54930061FUL6DBLFUW14</lei>
        <title>Crescent Energy Finance LLC</title>
        <cusip>45344LAJ2</cusip>
        <identifiers>
          <isin value="US45344LAJ26"/>
          <other otherDesc="Inhouse Asset ID" value="45344LAJ2"/>
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        <balance>653000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>698710.00000000</valUSD>
        <pctVal>0.017554484426</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.75000000</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>Vistra Operations Co. LLC</name>
        <lei>549300ZH5GKBTJZ7NM23</lei>
        <title>Vistra Operations Co. LLC</title>
        <cusip>92840VAV4</cusip>
        <identifiers>
          <isin value="US92840VAV45"/>
          <other otherDesc="Inhouse Asset ID" value="92840VAV4"/>
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        <balance>4830000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4734316.25000000</valUSD>
        <pctVal>0.118945601010</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.60000000</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>Whitebox CLO II Ltd.</name>
        <lei>549300C89ZJ5IWOT1F21</lei>
        <title>Whitebox CLO II Ltd., Series 2020-2A, Class A1R2</title>
        <cusip>96466CAW8</cusip>
        <identifiers>
          <isin value="US96466CAW82"/>
          <other otherDesc="Inhouse Asset ID" value="96466CAW8"/>
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        <balance>760000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>760472.34000000</valUSD>
        <pctVal>0.019106209800</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-10-24</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.04802080</annualizedRt>
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        <name>Venture Global LNG, Inc.</name>
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        <name>SoFi Personal Loan Trust</name>
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        <name>Newday Funding Master Issuer plc</name>
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      <invstOrSec>
        <name>Crown Point CLO 8 Ltd.</name>
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        <name>AbbVie, Inc.</name>
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      <invstOrSec>
        <name>Freedom Mortgage Holdings LLC</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Group 1 Automotive, Inc.</name>
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        <name>Auto ABS Italian Stella Loans SRL</name>
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        <name>Block, Inc.</name>
        <lei>549300OHIIUWSTIZME52</lei>
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        <name>Altria Group, Inc.</name>
        <lei>XSGZFLO9YTNO9VCQV219</lei>
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        <name>Golub Capital Partners CLO 43B Ltd.</name>
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        <name>Arsenal AIC Parent LLC</name>
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        <name>OMERS Finance Trust</name>
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        <invCountry>CA</invCountry>
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        <name>Morgan Stanley Private Bank NA</name>
        <lei>549300GS0W0TEUQS8571</lei>
        <title>Morgan Stanley Private Bank NA</title>
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        <name>Verus Securitization Trust</name>
        <lei>2138009KJR7Q44BI8668</lei>
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        <name>Federal National Mortgage Association</name>
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        <name>Sunrise Spv 95 SRL</name>
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        <name>SLM Student Loan Trust</name>
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        <name>Match Group Holdings II LLC</name>
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        <name>VMware LLC</name>
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        <name>Uber Technologies, Inc.</name>
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        <name>UK Logistics DAC</name>
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        <name>Hologic, Inc.</name>
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        <name>Sotheby's</name>
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        <name>CIFC Funding Ltd.</name>
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        <name>Compartment Driver UK Eight</name>
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        <name>Federal National Mortgage Association</name>
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        <name>SG Commercial Mortgage Securities Trust</name>
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        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
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        <name>Trinitas CLO XII Ltd.</name>
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      <invstOrSec>
        <name>NextEra Energy Capital Holdings, Inc.</name>
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        <name>Asbury Automotive Group, Inc.</name>
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        <name>Caturus Energy LLC</name>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PennyMac Financial Services, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Mila BV</name>
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        <name>Consolidated Communications LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Goldman Home Improvement Trust Issuer Trust</name>
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        <title>Goldman Home Improvement Trust Issuer Trust, Series 2021-GRN2, Class A</title>
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        <fairValLevel>2</fairValLevel>
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        <name>SMB Private Education Loan Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Rockford Tower CLO Ltd.</name>
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        <name>EQT Corp.</name>
        <lei>4NT01YGM4X7ZX86ISY52</lei>
        <title>EQT Corp.</title>
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        <name>Goldman Sachs Group, Inc. (The)</name>
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        <name>RevoCar UG</name>
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        <invCountry>DE</invCountry>
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        <name>Icahn Enterprises LP</name>
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        <title>Icahn Enterprises LP</title>
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        <name>NextEra Energy Capital Holdings, Inc.</name>
        <lei>UMI46YPGBLUE4VGNNT48</lei>
        <title>NextEra Energy Capital Holdings, Inc.</title>
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          <maturityDt>2028-06-15</maturityDt>
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          <annualizedRt>1.90000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Citadel plc</name>
        <lei>213800XKX6NBEB5W9Z43</lei>
        <title>Citadel plc, Series 2024-1, Class E</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2913062175"/>
          <other otherDesc="Inhouse Asset ID" value="BYDA7S869"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2060-04-28</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.47890110</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>PENN Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>PENN Commercial Mortgage Trust, Series 2025-P11, Class A</title>
        <cusip>69382VAA2</cusip>
        <identifiers>
          <isin value="US69382VAA26"/>
          <other otherDesc="Inhouse Asset ID" value="69382VAA2"/>
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        <balance>1257000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1277205.40000000</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>2042-08-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.34399840</annualizedRt>
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      <invstOrSec>
        <name>Cheniere Corpus Christi Holdings LLC</name>
        <lei>549300I7CIEWU1BBLQ53</lei>
        <title>Cheniere Corpus Christi Holdings LLC</title>
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          <isin value="US16412XAG07"/>
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        <balance>5254000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5281123.72000000</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>2027-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>UBS Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>UBS Commercial Mortgage Trust, Series 2019-C18, Class A4</title>
        <cusip>90278PBA7</cusip>
        <identifiers>
          <isin value="US90278PBA75"/>
          <other otherDesc="Inhouse Asset ID" value="90278PBA7"/>
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        <balance>283000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>266438.19000000</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>2052-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.03520000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Upgrade Master Pass-Thru Trust</name>
        <lei>N/A</lei>
        <title>Upgrade Master Pass-Thru Trust, Series 2025-ST7, Class B</title>
        <cusip>91533RAB1</cusip>
        <identifiers>
          <isin value="US91533RAB15"/>
          <other otherDesc="Inhouse Asset ID" value="91533RAB1"/>
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        <balance>927000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>926547.72000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.97900000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Morgan Stanley Bank NA</name>
        <lei>G1MLHIS0N32I3QPILB75</lei>
        <title>Morgan Stanley Bank NA</title>
        <cusip>61690U8E3</cusip>
        <identifiers>
          <isin value="US61690U8E33"/>
          <other otherDesc="Inhouse Asset ID" value="61690U8E3"/>
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        <balance>17587000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>17691311.66000000</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>2028-07-14</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.96800000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Herc Holdings, Inc.</name>
        <lei>549300TP80QLITMSBP82</lei>
        <title>Herc Holdings, Inc.</title>
        <cusip>42704LAE4</cusip>
        <identifiers>
          <isin value="US42704LAE48"/>
          <other otherDesc="Inhouse Asset ID" value="42704LAE4"/>
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        <balance>705000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>716581.04000000</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>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</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>Panorama Auto Trust</name>
        <lei>N/A</lei>
        <title>Panorama Auto Trust, Series 2026-1, Class C</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3FN0107546"/>
          <other otherDesc="Inhouse Asset ID" value="BYJ0R4PG5"/>
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        <balance>500000.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.44938039"/>
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        <pctVal>0.008642843667</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.62090145</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Wells Fargo &amp; Co.</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>Wells Fargo &amp; Co.</title>
        <cusip>95000U3W1</cusip>
        <identifiers>
          <isin value="US95000U3W12"/>
          <other otherDesc="Inhouse Asset ID" value="95000U3W1"/>
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        <balance>4136000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4206667.37000000</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>2031-04-23</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.15000000</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>Pikes Peak CLO 16 Ltd.</name>
        <lei>2138001LNFG5678B4I86</lei>
        <title>Pikes Peak CLO 16 Ltd., Series 2024-16A, Class A1</title>
        <cusip>72132EAA7</cusip>
        <identifiers>
          <isin value="US72132EAA73"/>
          <other otherDesc="Inhouse Asset ID" value="72132EAA7"/>
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        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2000448.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.12802000</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>GGAM Finance Ltd.</name>
        <lei>254900X2QXEN0FVXRF65</lei>
        <title>GGAM Finance Ltd.</title>
        <cusip>36170JAD8</cusip>
        <identifiers>
          <isin value="US36170JAD81"/>
          <other otherDesc="Inhouse Asset ID" value="36170JAD8"/>
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        <balance>833000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>851530.09000000</valUSD>
        <pctVal>0.021393957011</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</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>Citadel plc</name>
        <lei>213800XKX6NBEB5W9Z43</lei>
        <title>Citadel plc, Series 2024-1, Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2913060989"/>
          <other otherDesc="Inhouse Asset ID" value="BYDA7S7A1"/>
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        <balance>564577.40000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.75551526"/>
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        <pctVal>0.018797158568</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-04-28</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.74889820</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>AFG Trust</name>
        <lei>N/A</lei>
        <title>AFG Trust, Series 2026-1, Class A2</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3FN0106670"/>
          <other otherDesc="Inhouse Asset ID" value="Z97FPAHC0"/>
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        <balance>848000.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.44938039"/>
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        <pctVal>0.014575063243</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-10-10</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.92432085</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>
      <invstOrSec>
        <name>Atlas Funding plc</name>
        <lei>635400BMBKLDPBSN2U43</lei>
        <title>Atlas Funding plc, Series 2024-1, Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2819819942"/>
          <other otherDesc="Inhouse Asset ID" value="BYD2TJ9X3"/>
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        <balance>375823.48000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.75551526"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-09-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.58157125</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ITT Holdings LLC</name>
        <lei>549300TH2PHOLK31LB42</lei>
        <title>ITT Holdings LLC</title>
        <cusip>45074JAA2</cusip>
        <identifiers>
          <isin value="US45074JAA25"/>
          <other otherDesc="Inhouse Asset ID" value="45074JAA2"/>
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        <balance>549000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>533813.67000000</valUSD>
        <pctVal>0.013411606756</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</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>Nelnet Student Loan Trust</name>
        <lei>N/A</lei>
        <title>Nelnet Student Loan Trust, Series 2023-PL1A, Class A1B</title>
        <cusip>64034UAB5</cusip>
        <identifiers>
          <isin value="US64034UAB52"/>
          <other otherDesc="Inhouse Asset ID" value="64034UAB5"/>
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        <balance>1971919.66000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2021407.96000000</valUSD>
        <pctVal>0.050786126653</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-11-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.15000000</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>
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      <invstOrSec>
        <name>EDvestinU Private Education Loan Issue No. 3 LLC</name>
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        <name>Jabil, Inc.</name>
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        <name>RTX Corp.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Park Blue CLO Ltd.</name>
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      <invstOrSec>
        <name>BX Commercial Mortgage Trust</name>
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      <invstOrSec>
        <name>Newday Funding Master Issuer plc</name>
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      <invstOrSec>
        <name>Oaktree CLO Ltd.</name>
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        <name>Block Communications, Inc.</name>
        <lei>M5G68A9OHJWIL4SFC742</lei>
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        <name>Fortuna Consumer Loan ABS DAC</name>
        <lei>635400WJJIABFKEPEL72</lei>
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        <invCountry>IE</invCountry>
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        <name>Goldman Sachs Group, Inc. (The)</name>
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        <name>Clarios Global LP</name>
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        <name>Big River Steel LLC</name>
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        <name>GoldenTree Loan Management US CLO 8 Ltd.</name>
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        <name>CCO Holdings LLC</name>
        <lei>N/A</lei>
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        <name>NextEra Energy Capital Holdings, Inc.</name>
        <lei>UMI46YPGBLUE4VGNNT48</lei>
        <title>NextEra Energy Capital Holdings, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Structured Adjustable Rate Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>Structured Adjustable Rate Mortgage Loan Trust, Series 2004-13, Class A2</title>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.09303080</annualizedRt>
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      <invstOrSec>
        <name>Williams Scotsman, Inc.</name>
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        <title>Williams Scotsman, Inc.</title>
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          <isin value="US96949VAM54"/>
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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>WESCO Distribution, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Velocity plc</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Prime Healthcare Services, Inc.</name>
        <lei>N/A</lei>
        <title>Prime Healthcare Services, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Towd Point Mortgage Trust</name>
        <lei>N/A</lei>
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          <isin value="US89171DAE76"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SLM Private Credit Student Loan Trust</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Dutch Property Finance BV</name>
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        <title>Dutch Property Finance BV, Series 2021-2, Class B</title>
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          <isin value="XS2384171711"/>
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        <invCountry>NL</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Warwick Capital CLO 6 Ltd.</name>
        <lei>N/A</lei>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>VICI Properties LP</name>
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        <title>VICI Properties LP</title>
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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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      <invstOrSec>
        <name>Dell International LLC</name>
        <lei>254900ZARLSVK41DKO78</lei>
        <title>Dell International LLC</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Satus plc</name>
        <lei>213800P7IESQH1HBW693</lei>
        <title>Satus plc, Series 2024-1, Class B</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>ALA Trust</name>
        <lei>N/A</lei>
        <title>ALA Trust, Series 2025-OANA, Class A</title>
        <cusip>009920AA7</cusip>
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          <isin value="US009920AA71"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Duke Energy Corp.</name>
        <lei>I1BZKREC126H0VB1BL91</lei>
        <title>Duke Energy Corp.</title>
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        <balance>2376000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2300610.99000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.40000000</annualizedRt>
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      <invstOrSec>
        <name>Foundation Finance Trust</name>
        <lei>N/A</lei>
        <title>Foundation Finance Trust, Series 2024-1A, Class A</title>
        <cusip>349941AA2</cusip>
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          <isin value="US349941AA27"/>
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        <balance>2663774.95000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2715411.96000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Global Aircraft Leasing Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Global Aircraft Leasing Co. Ltd.</title>
        <cusip>37960JAC2</cusip>
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          <isin value="US37960JAC27"/>
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        <balance>511000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>518511.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.75000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Forward Foreign Currency Contract</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Inhouse Asset ID" value="443814"/>
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        <balance>1.00000000</balance>
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        <curCd>N/A</curCd>
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        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>UBS</counterpartyName>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Crocs, Inc.</name>
        <lei>549300B0J6YCXD63OG72</lei>
        <title>Crocs, Inc.</title>
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          <isin value="US227046AA78"/>
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        <balance>122000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Silgan Holdings, Inc.</name>
        <lei>KAF673KJXD92C8KSLU49</lei>
        <title>Silgan Holdings, Inc.</title>
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          <isin value="XS3176108820"/>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cloud Software Group, Inc.</name>
        <lei>04EEB871XLHVNY4RZJ65</lei>
        <title>Cloud Software Group, Inc.</title>
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          <isin value="US88632QAE35"/>
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        <balance>3979000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3881794.22000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-31</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sotera Health Holdings LLC</name>
        <lei>549300OVT7MBXFLOFU20</lei>
        <title>Sotera Health Holdings LLC</title>
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          <isin value="US83600WAE93"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>113627.03000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Aramark Services, Inc.</name>
        <lei>42YMHYH0XMHJEXDUB065</lei>
        <title>Aramark Services, Inc.</title>
        <cusip>038522AQ1</cusip>
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          <isin value="US038522AQ17"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>31418CPP3</cusip>
        <identifiers>
          <isin value="US31418CPP31"/>
          <other otherDesc="Inhouse Asset ID" value="31418CPP3"/>
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        <balance>1054459.13800000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1033558.45000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Polaris plc</name>
        <lei>6354008SKUHLCPHT7N63</lei>
        <title>Polaris plc, Series 2025-2, Class B</title>
        <cusip>N/A</cusip>
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          <isin value="XS3101452624"/>
          <other otherDesc="Inhouse Asset ID" value="BYDMAQKN2"/>
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        <balance>205999.76000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.75551526"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2068-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.77967865</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>Ryan Specialty LLC</name>
        <lei>549300K52N7QBO3PYY45</lei>
        <title>Ryan Specialty LLC</title>
        <cusip>78351MAA0</cusip>
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          <isin value="US78351MAA09"/>
          <other otherDesc="Inhouse Asset ID" value="78351MAA0"/>
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        <balance>42000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>40688.38000000</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>2030-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Equinix, Inc.</name>
        <lei>549300EVUN2BTLJ3GT74</lei>
        <title>Equinix, Inc.</title>
        <cusip>29444UBL9</cusip>
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          <isin value="US29444UBL98"/>
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        <balance>1929000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1826041.59000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Truist Financial Corp.</name>
        <lei>549300DRQQI75D2JP341</lei>
        <title>Truist Financial Corp.</title>
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          <isin value="US89788MAR34"/>
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        <balance>1627000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1665330.46000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-24</maturityDt>
          <couponKind>Variable</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BAT Capital Corp.</name>
        <lei>2138005GYEXN7XRHFA84</lei>
        <title>BAT Capital Corp.</title>
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          <isin value="US054989AA67"/>
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        <balance>5672000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-02</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Navient Student Loan Trust</name>
        <lei>N/A</lei>
        <title>Navient Student Loan Trust, Series 2018-EA, Class A2</title>
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          <isin value="US63890BAB27"/>
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        <balance>11259.21000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2059-12-15</maturityDt>
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      <invstOrSec>
        <name>Risewell Homes, Inc.</name>
        <lei>549300PLCE8TB3TVRQ85</lei>
        <title>Risewell Homes, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Lagarino European Loan Conduit No. 40 DAC</name>
        <lei>984500F6BB6D4DUA7796</lei>
        <title>Lagarino European Loan Conduit No. 40 DAC, Series 40X, Class A</title>
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          <isin value="XS3121136272"/>
          <other otherDesc="Inhouse Asset ID" value="BYDMXZFS2"/>
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        <balance>2006266.24000000</balance>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-22</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Bbva Consumer Fondo de Titulizacion</name>
        <lei>9598008ZNM97MVXBD120</lei>
        <title>Bbva Consumer Fondo de Titulizacion, Series 2026-1, Class E</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0306017049"/>
          <other otherDesc="Inhouse Asset ID" value="Z97FX2NL2"/>
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        <balance>200000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.86516416"/>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-05-20</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MAIN Trust</name>
        <lei>N/A</lei>
        <title>MAIN Trust, Series 2026-OLAS, Class E</title>
        <cusip>56036BAJ4</cusip>
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          <isin value="US56036BAJ44"/>
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        <balance>1035000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1034988.00000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Discovery Global Holdings, Inc.</name>
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        <title>Discovery Global Holdings, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Smyrna Ready Mix Concrete LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>US Foods, Inc.</name>
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        <title>US Foods, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PFS Financing Corp.</name>
        <lei>N/A</lei>
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        <balance>2000000.00000000</balance>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>RHP Hotel Properties LP</name>
        <lei>N/A</lei>
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        <balance>706000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-04-01</maturityDt>
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      <invstOrSec>
        <name>VB-S1 Issuer LLC</name>
        <lei>N/A</lei>
        <title>VB-S1 Issuer LLC, Series 2026-1A, Class F</title>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>VICI Properties LP</name>
        <lei>254900X4QE7SGKQLLN38</lei>
        <title>VICI Properties LP</title>
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        <balance>3780000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Castell plc</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Henley CLO VII DAC</name>
        <lei>635400SRJSVJPTMR4D89</lei>
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          <isin value="XS3281854581"/>
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        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WULF Compute LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>JPMorgan Chase &amp; Co.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Boyne USA, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Glencore Funding LLC</name>
        <lei>213800STG1QDNBY87K49</lei>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Wells Fargo &amp; Co.</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>Wells Fargo &amp; Co., Series W</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-24</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.90000000</annualizedRt>
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      <invstOrSec>
        <name>CCO Holdings LLC</name>
        <lei>N/A</lei>
        <title>CCO Holdings LLC</title>
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      <invstOrSec>
        <name>TEXAS Commercial Mortgage Trust</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bausch Health Cos., Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BX Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DK Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Capital One Financial Corp.</name>
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        <title>Capital One Financial Corp.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
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          <isin value="US31418CTD64"/>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GreenSky Home Improvement Trust</name>
        <lei>N/A</lei>
        <title>GreenSky Home Improvement Trust, Series 2024-1, Class A2</title>
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          <isin value="US39571MAB46"/>
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        <balance>225170.25000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Salesforce, Inc.</name>
        <lei>RCGZFPDMRW58VJ54VR07</lei>
        <title>Salesforce, Inc.</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Federal National Mortgage Association Variable Rate Notes</title>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Federal National Mortgage Association</title>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NTT Finance Corp.</name>
        <lei>3538007PR116187GD960</lei>
        <title>NTT Finance Corp.</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-07-16</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Howard Hughes Corp. (The)</name>
        <lei>549300BVHY25JZC1KI49</lei>
        <title>Howard Hughes Corp. (The)</title>
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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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        <name>Belron UK Finance plc</name>
        <lei>9845006BC9D1A77B8178</lei>
        <title>Belron UK Finance plc</title>
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          <isin value="US080782AA38"/>
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        <balance>1361000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>LEX Trust</name>
        <lei>N/A</lei>
        <title>LEX Trust, Series 2026-450, Class B</title>
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          <isin value="US501970AC17"/>
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        <balance>1307000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>NiSource, Inc.</name>
        <lei>549300D8GOWWH0SJB189</lei>
        <title>NiSource, Inc.</title>
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        <balance>700000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-30</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Equinix Asia Financing Corp. Pte. Ltd.</name>
        <lei>2549002E9B0F5FQ3X427</lei>
        <title>Equinix Asia Financing Corp. Pte. Ltd.</title>
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        <payoffProfile>Long</payoffProfile>
        <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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        <name>JPMorgan Chase &amp; Co.</name>
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        <name>London Cards No. 2 plc</name>
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        <name>N/A</name>
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      <invstOrSec>
        <name>Planet Fitness Master Issuer LLC</name>
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        <name>Ryder System, Inc.</name>
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        <name>Asurion LLC</name>
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        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <name>Jubilee Place BV</name>
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        <name>Dycom Industries, Inc.</name>
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        <name>FTA Consumo Santander</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Cleveland-Cliffs, Inc.</name>
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        <name>Stratton Mortgage Funding plc</name>
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        <name>GS Mortgage-Backed Securities Corp. Trust</name>
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        <name>Sage AR Funding</name>
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      <invstOrSec>
        <name>OHA Credit Funding 3 Ltd.</name>
        <lei>N/A</lei>
        <title>OHA Credit Funding 3 Ltd., Series 2019-3A, Class AR2</title>
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        <invCountry>KY</invCountry>
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      <invstOrSec>
        <name>FNA 8 LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Taurus UK DAC</name>
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      <invstOrSec>
        <name>TK Elevator US Newco, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Live Nation Entertainment, Inc.</name>
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        <name>GCAT Trust</name>
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        <name>Clarivate Science Holdings Corp.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GS Mortgage-Backed Securities Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Holmes Master Issuer plc</name>
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          <isin value="XS2951407803"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Motorola Solutions, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Voyager Parent LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Federal National Mortgage Association</name>
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        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
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        <name>Permian Resources Operating LLC</name>
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        <name>Asurion LLC</name>
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        <name>Fidelity National Information Services, Inc.</name>
        <lei>6WQI0GK1PRFVBA061U48</lei>
        <title>Fidelity National Information Services, Inc.</title>
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        <name>Charter Communications Operating LLC</name>
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        <title>Charter Communications Operating LLC</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Barclays Mortgage Loan Trust</name>
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        <balance>2982392.22000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Flatiron CLO 21 Ltd.</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Quikrete Holdings, Inc.</name>
        <lei>5493007KIN86DIZWZT22</lei>
        <title>Quikrete Holdings, Inc.</title>
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      <invstOrSec>
        <name>Aesir European Loan Conduit No. DAC</name>
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      <invstOrSec>
        <name>One New York Plaza Trust</name>
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      <invstOrSec>
        <name>GoodLeap Home Improvement Solutions Trust</name>
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        <title>GoodLeap Home Improvement Solutions Trust, Series 2025-1A, Class A</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SLM Private Education Loan Trust</name>
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        <title>SLM Private Education Loan Trust, Series 2010-C, Class A5</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Birch Grove CLO 16 Ltd.</name>
        <lei>N/A</lei>
        <title>Birch Grove CLO 16 Ltd., Series 2026-16A, Class D1</title>
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        <curCd>USD</curCd>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-04-23</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Dowson plc</name>
        <lei>635400IRBWDPWKGK1C24</lei>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-20</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Hewlett Packard Enterprise Co.</name>
        <lei>549300BX44RGX6ANDV88</lei>
        <title>Hewlett Packard Enterprise Co.</title>
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        <curCd>USD</curCd>
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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>Levi Strauss &amp; Co.</name>
        <lei>MB0UERO0RDFKU8258G77</lei>
        <title>Levi Strauss &amp; Co.</title>
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        <balance>115000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Edenbrook Mortgage Funding plc</name>
        <lei>635400URO7UOS6PWLH17</lei>
        <title>Edenbrook Mortgage Funding plc, Series 2024-1, Class C</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2843264586"/>
          <other otherDesc="Inhouse Asset ID" value="BYD56CE69"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-03-22</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Newell Brands, Inc.</name>
        <lei>549300LWGYFM1TVO1Z12</lei>
        <title>Newell Brands, Inc.</title>
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          <isin value="US651229BF23"/>
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        <balance>74000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>UK Logistics DAC</name>
        <lei>635400LLQ82YFJBFFU27</lei>
        <title>UK Logistics DAC, Series 2025-1X, Class D</title>
        <cusip>N/A</cusip>
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          <isin value="XS3028549478"/>
          <other otherDesc="Inhouse Asset ID" value="Z970BJLU4"/>
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        <balance>707827.07840000</balance>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Towd Point Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Towd Point Mortgage Trust, Series 2018-1, Class A1</title>
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          <isin value="US89176EAA82"/>
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        <balance>431909.29000000</balance>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2058-01-25</maturityDt>
          <couponKind>Variable</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ellington Financial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Ellington Financial Mortgage Trust, Series 2025-NQM3, Class A1</title>
        <cusip>26846YAC2</cusip>
        <identifiers>
          <isin value="US26846YAC21"/>
          <other otherDesc="Inhouse Asset ID" value="26846YAC2"/>
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        <balance>4670692.46000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4682685.86000000</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>2070-08-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.49399960</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CCO Holdings LLC</name>
        <lei>N/A</lei>
        <title>CCO Holdings LLC</title>
        <cusip>1248EPCU5</cusip>
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          <isin value="US1248EPCU56"/>
          <other otherDesc="Inhouse Asset ID" value="1248EPCU5"/>
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        <balance>468000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>469289.01000000</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>2033-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</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>Citigroup, Inc.</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Amgen, Inc.</name>
        <lei>62QBXGPJ34PQ72Z12S66</lei>
        <title>Amgen, Inc.</title>
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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>Mill City Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>Mill City Mortgage Loan Trust, Series 2018-3, Class A1</title>
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          <isin value="US59980XAC11"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Match Group Holdings II LLC</name>
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          <isin value="US57667JAA07"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Service Corp. International</name>
        <lei>549300RKVM2ME20JHZ15</lei>
        <title>Service Corp. International</title>
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          <isin value="US817565CF96"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Hill FL BV</name>
        <lei>724500H2AN902EY7W191</lei>
        <title>Hill FL BV, Series 2024-2FL, Class D</title>
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          <isin value="XS2905556556"/>
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        <invCountry>NL</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Lanebrook Mortgage Transaction plc</name>
        <lei>635400BMFIJ9ARSOLL61</lei>
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          <isin value="XS2810268446"/>
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        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Kinetik Holdings LP</name>
        <lei>549300RD6AJIMYC0HY12</lei>
        <title>Kinetik Holdings LP</title>
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          <isin value="US49461MAB63"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Wynn Resorts Finance LLC</name>
        <lei>N/A</lei>
        <title>Wynn Resorts Finance LLC</title>
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          <isin value="US983133AA70"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Jubilee Place BV</name>
        <lei>724500E73QDBSXZ44959</lei>
        <title>Jubilee Place BV, Series 7, Class A</title>
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          <isin value="XS2987888026"/>
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        <invCountry>NL</invCountry>
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      <invstOrSec>
        <name>XPLR Infrastructure Operating Partners LP</name>
        <lei>549300KJEC5IUVJWR786</lei>
        <title>XPLR Infrastructure Operating Partners LP</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Somnigroup International, Inc.</name>
        <lei>549300HFEKVR3US71V91</lei>
        <title>Somnigroup International, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BFLD Mortgage Trust</name>
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          <isin value="US05555HAA86"/>
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      <invstOrSec>
        <name>Velocity Commercial Capital Loan Trust</name>
        <lei>N/A</lei>
        <title>Velocity Commercial Capital Loan Trust, Series 2026-1, Class A</title>
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          <isin value="US92262WAA71"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Velocity plc</name>
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        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp. Seasoned Credit Risk Transfer Trust</name>
        <lei>N/A</lei>
        <title>Federal Home Loan Mortgage Corp. Seasoned Credit Risk Transfer Trust Variable Rate Notes, Series 2018-3, Class MA</title>
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        <curCd>USD</curCd>
        <valUSD>6967885.50000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-08-25</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>BAT Capital Corp.</name>
        <lei>2138005GYEXN7XRHFA84</lei>
        <title>BAT Capital Corp.</title>
        <cusip>05526DBR5</cusip>
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          <isin value="US05526DBR52"/>
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        <balance>412000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>395437.99000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-25</maturityDt>
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          <annualizedRt>2.25900000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MCR Mortgage Trust</name>
        <lei>N/A</lei>
        <title>MCR Mortgage Trust, Series 2024-TWA, Class E</title>
        <cusip>582923AE8</cusip>
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          <isin value="US582923AE88"/>
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        <balance>2038000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2044148.65000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-06-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.72500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Polaris plc</name>
        <lei>635400SJNGQKQ4OKRU39</lei>
        <title>Polaris plc, Series 2024-1, Class D</title>
        <cusip>N/A</cusip>
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          <isin value="XS2765488833"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-02-26</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.42933995</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LUX</name>
        <lei>N/A</lei>
        <title>LUX Trust, Series 2023-LION, Class A</title>
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          <isin value="US55067LAA52"/>
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        <balance>2329475.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2339492.44000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-08-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.36278040</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Dominion Energy, Inc.</name>
        <lei>ILUL7B6Z54MRYCF6H308</lei>
        <title>Dominion Energy, Inc.</title>
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          <isin value="US25746UCY38"/>
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        <balance>436000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>434308.06000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Abbott Laboratories</name>
        <lei>HQD377W2YR662HK5JX27</lei>
        <title>Abbott Laboratories</title>
        <cusip>002824BS8</cusip>
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          <isin value="US002824BS80"/>
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        <balance>3240000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3188672.15000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Capital One Financial Corp.</name>
        <lei>ZUE8T73ROZOF6FLBAR73</lei>
        <title>Capital One Financial Corp.</title>
        <cusip>14040HBW4</cusip>
        <identifiers>
          <isin value="US14040HBW43"/>
          <other otherDesc="Inhouse Asset ID" value="14040HBW4"/>
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        <balance>746000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>737239.27000000</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>2028-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.80000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Hops Hill No. 4 plc</name>
        <lei>6354008RKIF9MECMNJ80</lei>
        <title>Hops Hill No. 4 plc, Series 4, Class B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2802116561"/>
          <other otherDesc="Inhouse Asset ID" value="BYD0MH3T3"/>
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        <balance>265000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.75551526"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-04-21</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.03044825</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Newday Funding Master Issuer plc</name>
        <lei>N/A</lei>
        <title>Newday Funding Master Issuer plc, Series 2024-3X, Class C</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2909752474"/>
          <other otherDesc="Inhouse Asset ID" value="Z96T3YQQ2"/>
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        <balance>184000.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.75551526"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-11-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.33309895</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>Pierpont Btl plc</name>
        <lei>213800UHT3RX1VL8CX54</lei>
        <title>Pierpont Btl plc, Series 2026-1, Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS3278745271"/>
          <other otherDesc="Inhouse Asset ID" value="BYDXMH4P8"/>
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        <balance>1793000.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.75551526"/>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-12-21</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.51584935</annualizedRt>
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      <invstOrSec>
        <name>Citadel plc</name>
        <lei>213800XKX6NBEB5W9Z43</lei>
        <title>Citadel plc, Series 2024-1, Class C</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2913061870"/>
          <other otherDesc="Inhouse Asset ID" value="BYDA7S7J2"/>
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        <balance>100000.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.75551526"/>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-04-28</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.47889820</annualizedRt>
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      <invstOrSec>
        <name>Edgeconnex Data Centers Europe BV</name>
        <lei>72450093DSNFE8T3IA66</lei>
        <title>Edgeconnex Data Centers Europe BV, Series 2026-1X, Class A2</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS3300933317"/>
          <other otherDesc="Inhouse Asset ID" value="BYJ17B6Z8"/>
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        <balance>625000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.86516416"/>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-04-30</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>Morgan Stanley Residential Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>Morgan Stanley Residential Mortgage Loan Trust, Series 2026-NQM1, Class A1</title>
        <cusip>61780XAC9</cusip>
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          <isin value="US61780XAC92"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NextEra Energy Capital Holdings, Inc.</name>
        <lei>UMI46YPGBLUE4VGNNT48</lei>
        <title>NextEra Energy Capital Holdings, Inc.</title>
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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>Federal Home Loan Mortgage Corp.</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Federal Home Loan Mortgage Corp. Variable Rate Notes, Series 5547, Class FH</title>
        <cusip>3137HLVG4</cusip>
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          <isin value="US3137HLVG45"/>
          <other otherDesc="Inhouse Asset ID" value="3137HLVG4"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>5.06189880</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Goldman Sachs Group, Inc. (The)</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
        <title>Goldman Sachs Group, Inc. (The)</title>
        <cusip>38141GYG3</cusip>
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          <isin value="US38141GYG36"/>
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        <balance>10630000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10492235.52000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.54200000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BioMarin Pharmaceutical, Inc.</name>
        <lei>NSLL8ITTRR0J5HEMR848</lei>
        <title>BioMarin Pharmaceutical, Inc.</title>
        <cusip>09061GAL5</cusip>
        <identifiers>
          <isin value="US09061GAL59"/>
          <other otherDesc="Inhouse Asset ID" value="09061GAL5"/>
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        <balance>321000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>316042.64000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
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      <invstOrSec>
        <name>New Zealand Dollar</name>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
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      <invstOrSec>
        <name>LifePoint Health, Inc.</name>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
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        <name>WR Grace Holdings LLC</name>
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      <invstOrSec>
        <name>Egyptian Pound</name>
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        <title>Egyptian Pound</title>
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        <invCountry>EG</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>AutoNation Finance Trust</name>
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      <invstOrSec>
        <name>Uniti Services LLC</name>
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        <name>SC Germany SA Compartment Consumer</name>
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          <isin value="XS2798860891"/>
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        <invCountry>LU</invCountry>
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      <invstOrSec>
        <name>American Tower Corp.</name>
        <lei>5493006ORUSIL88JOE18</lei>
        <title>American Tower Corp.</title>
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      <invstOrSec>
        <name>Pacific Gas &amp; Electric Co.</name>
        <lei>1HNPXZSMMB7HMBMVBS46</lei>
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        <name>Genesee &amp; Wyoming, Inc.</name>
        <lei>G617XSG94Z7G0RMW3L02</lei>
        <title>Genesee &amp; Wyoming, Inc.</title>
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        <name>GGAM Finance Ltd.</name>
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        <title>GGAM Finance Ltd.</title>
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        <invCountry>KY</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>Citigroup, Inc.</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Noria DE</name>
        <lei>9695003DRUTU793B4N34</lei>
        <title>Noria DE, Series 2024-DE1, Class E</title>
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        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Federal National Mortgage Association Variable Rate Notes</title>
        <cusip>3138ELZ63</cusip>
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          <isin value="US3138ELZ634"/>
          <other otherDesc="Inhouse Asset ID" value="3138ELZ63"/>
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        <curCd>USD</curCd>
        <valUSD>537042.76000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-09-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Hudson Yards Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Hudson Yards Mortgage Trust, Series 2025-SPRL, Class A</title>
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          <isin value="US44855PAA66"/>
          <other otherDesc="Inhouse Asset ID" value="44855PAA6"/>
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        <balance>2870000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2936778.01000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-01-13</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.46684120</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Dowson plc</name>
        <lei>635400IRBWDPWKGK1C24</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2919892096"/>
          <other otherDesc="Inhouse Asset ID" value="BYD9SZRF2"/>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.08157160</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Wells Fargo &amp; Co.</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>Wells Fargo &amp; Co.</title>
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          <isin value="US95000U4D22"/>
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        <balance>3370000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3340141.19000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-23</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.18200000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Brookfield Property REIT, Inc.</name>
        <lei>N/A</lei>
        <title>Brookfield Property REIT, Inc.</title>
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          <isin value="US11284DAC92"/>
          <other otherDesc="Inhouse Asset ID" value="11284DAC9"/>
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        <balance>218000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>213830.34000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</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>Columbus McKinnon Corp.</name>
        <lei>549300W3HQB0HO1F3G69</lei>
        <title>Columbus McKinnon Corp.</title>
        <cusip>199333AK1</cusip>
        <identifiers>
          <isin value="US199333AK12"/>
          <other otherDesc="Inhouse Asset ID" value="199333AK1"/>
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        <balance>184000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>183915.36000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isDefault>N</isDefault>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citigroup, Inc.</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup, Inc.</title>
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          <isin value="US172967LS86"/>
          <other otherDesc="Inhouse Asset ID" value="172967LS8"/>
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        <balance>5000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4925600.20000000</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>2028-10-27</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.52000000</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>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Federal National Mortgage Association Variable Rate Notes, Series 2024-91, Class FA</title>
        <cusip>3136BTYT4</cusip>
        <identifiers>
          <isin value="US3136BTYT46"/>
          <other otherDesc="Inhouse Asset ID" value="3136BTYT4"/>
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        <balance>10139766.20000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10222123.41000000</valUSD>
        <pctVal>0.256822009430</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.86190080</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>Rocket Mortgage LLC</name>
        <lei>549300FGXN1K3HLB1R50</lei>
        <title>Rocket Mortgage LLC</title>
        <cusip>77313LAA1</cusip>
        <identifiers>
          <isin value="US77313LAA17"/>
          <other otherDesc="Inhouse Asset ID" value="77313LAA1"/>
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        <balance>255000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>252241.54000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.87500000</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>Sapphire XXXII Trust</name>
        <lei>N/A</lei>
        <title>Sapphire XXXII Trust, Series 2025-1, Class A1L</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3FN0096822"/>
          <other otherDesc="Inhouse Asset ID" value="BYDG5MPH8"/>
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        <balance>4757310.40000000</balance>
        <units>PA</units>
        <currencyConditional curCd="AUD" exchangeRt="1.44938039"/>
        <valUSD>3281223.15000000</valUSD>
        <pctVal>0.082437893671</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2066-06-14</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.05000130</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>Stellantis NV</name>
        <lei>549300LKT9PW7ZIBDF31</lei>
        <title>Stellantis NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2937307929"/>
          <other otherDesc="Inhouse Asset ID" value="BYDB0UYT0"/>
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        <balance>2300000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.86516416"/>
        <valUSD>2620595.65000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AbbVie, Inc.</name>
        <lei>FR5LCKFTG8054YNNRU85</lei>
        <title>AbbVie, Inc.</title>
        <cusip>00287YDS5</cusip>
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          <isin value="US00287YDS54"/>
          <other otherDesc="Inhouse Asset ID" value="00287YDS5"/>
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        <balance>2864000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2910015.49000000</valUSD>
        <pctVal>0.073111622276</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.80000000</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>AppLovin Corp.</name>
        <lei>549300LLVXMUAOL3SQ07</lei>
        <title>AppLovin Corp.</title>
        <cusip>03831WAB4</cusip>
        <identifiers>
          <isin value="US03831WAB46"/>
          <other otherDesc="Inhouse Asset ID" value="03831WAB4"/>
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        <balance>23688000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>23825444.65000000</valUSD>
        <pctVal>0.598593689899</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>5.12500000</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>SDAL Trust</name>
        <lei>N/A</lei>
        <title>SDAL Trust, Series 2025-DAL, Class A</title>
        <cusip>78437RAA7</cusip>
        <identifiers>
          <isin value="US78437RAA77"/>
          <other otherDesc="Inhouse Asset ID" value="78437RAA7"/>
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        <balance>4256000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4265442.79000000</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>2042-04-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.11382960</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>Energy Transfer LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>Energy Transfer LP</title>
        <cusip>29273VBD1</cusip>
        <identifiers>
          <isin value="US29273VBD10"/>
          <other otherDesc="Inhouse Asset ID" value="29273VBD1"/>
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        <balance>1560000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1594822.59000000</valUSD>
        <pctVal>0.040068538191</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.20000000</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>Alphabet, Inc.</name>
        <lei>5493006MHB84DD0ZWV18</lei>
        <title>Alphabet, Inc.</title>
        <cusip>02079KBJ5</cusip>
        <identifiers>
          <isin value="US02079KBJ51"/>
          <other otherDesc="Inhouse Asset ID" value="02079KBJ5"/>
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        <balance>8090000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8020470.74000000</valUSD>
        <pctVal>0.201507390334</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.70000000</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>Ardagh Group SA</name>
        <lei>6354006L1NWUUOPYX274</lei>
        <title>Ardagh Group SA</title>
        <cusip>03969UAA4</cusip>
        <identifiers>
          <isin value="US03969UAA43"/>
          <other otherDesc="Inhouse Asset ID" value="03969UAA4"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>168070.00000000</valUSD>
        <pctVal>0.004222613384</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-01</maturityDt>
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      <invstOrSec>
        <name>RXO, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Sequoia Mortgage Trust</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Newday Funding Master Issuer plc</name>
        <lei>N/A</lei>
        <title>Newday Funding Master Issuer plc, Series 2024-2X, Class B</title>
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          <isin value="XS2834467271"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SC Germany SA Compartment Consumer</name>
        <lei>N/A</lei>
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          <isin value="XS2798860388"/>
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        <invCountry>LU</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Teleflex, Inc.</name>
        <lei>UUL85LWXB4NGSWWXIQ25</lei>
        <title>Teleflex, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Windstream Services LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Auto ABS Italian Stella Loans SRL</name>
        <lei>N/A</lei>
        <title>Auto ABS Italian Stella Loans SRL, Series 2025-1, Class A1</title>
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          <isin value="IT0005650467"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Icahn Enterprises LP</name>
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      <invstOrSec>
        <name>RMAC Securities No.1 plc</name>
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      <invstOrSec>
        <name>Loanpal Solar Loan Ltd.</name>
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        <name>Flutter Treasury DAC</name>
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        <invCountry>IE</invCountry>
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      <invstOrSec>
        <name>Navient Student Loan Trust</name>
        <lei>N/A</lei>
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        <name>Kodiak Gas Services LLC</name>
        <lei>549300ZQBRWEUOVOM131</lei>
        <title>Kodiak Gas Services LLC</title>
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        <name>QTS Issuer ABS II LLC</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Federal Home Loan Mortgage Corp.</title>
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        <issuerCat>USGSE</issuerCat>
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      <invstOrSec>
        <name>La Trobe Financial Capital Markets Trust</name>
        <lei>N/A</lei>
        <title>La Trobe Financial Capital Markets Trust, Series 2025-1, Class A1L</title>
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          <isin value="AU3FN0100236"/>
          <other otherDesc="Inhouse Asset ID" value="BYDNCF947"/>
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        <balance>2394576.95000000</balance>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-05-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Regatta VIII Funding Ltd.</name>
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        <name>Regatta XVIII Funding Ltd.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Towd Point Mortgage Trust</name>
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      <invstOrSec>
        <name>Navient Private Education Refi Loan Trust</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Midcontinent Communications</name>
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        <name>Citigroup, Inc.</name>
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        <name>Broadcom, Inc.</name>
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        <name>Panther Escrow Issuer LLC</name>
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        <name>Public Service Enterprise Group, Inc.</name>
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        <name>NRG Energy, Inc.</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
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        <name>Mattamy Group Corp.</name>
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        <name>TAGUS-Sociedade de Titularizacao de Creditos SA</name>
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        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
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      <invstOrSec>
        <name>NRG Energy, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Sage AR Funding</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Service Properties Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
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        <issuerCat>USGSE</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Wells Fargo &amp; Co.</name>
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        <title>Wells Fargo &amp; Co.</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-23</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.97000000</annualizedRt>
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      <invstOrSec>
        <name>SMB Private Education Loan Trust</name>
        <lei>N/A</lei>
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          <isin value="US78448YAM30"/>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-01-15</maturityDt>
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      <invstOrSec>
        <name>Equinix, Inc.</name>
        <lei>549300EVUN2BTLJ3GT74</lei>
        <title>Equinix, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Viavi Solutions, Inc.</name>
        <lei>5493006K3E3N1QOBF092</lei>
        <title>Viavi Solutions, Inc.</title>
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        <balance>36000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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      <invstOrSec>
        <name>Upgrade Master Pass-Thru Trust</name>
        <lei>N/A</lei>
        <title>Upgrade Master Pass-Thru Trust, Series 2025-ST5, Class A</title>
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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>General Motors Financial Co., Inc.</name>
        <lei>5493008B6JBRUJ90QL97</lei>
        <title>General Motors Financial Co., Inc.</title>
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          <isin value="US37045XEN21"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-07</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>JPMorgan Chase &amp; Co.</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMorgan Chase &amp; Co.</title>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-22</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>SoFi Personal Loan Trust</name>
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          <isin value="US78474NAA00"/>
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          <maturityDt>2030-11-12</maturityDt>
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      <invstOrSec>
        <name>QXO Building Products, Inc.</name>
        <lei>549300HDXQWWCBOYXP31</lei>
        <title>QXO Building Products, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Ryder System, Inc.</name>
        <lei>ZXJ6Y2OSPZXIVGRILD15</lei>
        <title>Ryder System, Inc.</title>
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        <balance>267000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Angel Oak Mortgage Trust</name>
        <lei>2549003MM0537Y3QHI22</lei>
        <title>Angel Oak Mortgage Trust, Series 2024-1, Class A1</title>
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          <isin value="US03465XAA72"/>
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        <balance>4685559.00000000</balance>
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        <valUSD>4677349.90000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2068-08-25</maturityDt>
          <couponKind>Variable</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Group Laboratories South Africa Pty. Ltd.</name>
        <lei>N/A</lei>
        <title>Group Laboratories South Africa Pty. Ltd.</title>
        <cusip>N/A</cusip>
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        <curCd>USD</curCd>
        <valUSD>225570.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-01</maturityDt>
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          <annualizedRt>9.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Amgen, Inc.</name>
        <lei>62QBXGPJ34PQ72Z12S66</lei>
        <title>Amgen, Inc.</title>
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          <isin value="US031162DH07"/>
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        <balance>3680000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3645546.59000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.05000000</annualizedRt>
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      <invstOrSec>
        <name>Silverstone Master Issuer plc</name>
        <lei>549300P6OXWKM20QS303</lei>
        <title>Silverstone Master Issuer plc, Series 2023-1, Class 2A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2716761668"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2070-01-21</maturityDt>
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      <invstOrSec>
        <name>Snap, Inc.</name>
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        <title>Snap, Inc.</title>
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          <isin value="US83304AAL08"/>
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        <balance>514000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>485354.88000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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      <invstOrSec>
        <name>BFLD Trust</name>
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          <isin value="US05494JAC45"/>
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        <balance>2639889.00000000</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>2042-06-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.57250840</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>AT&amp;T, Inc.</name>
        <lei>549300Z40J86GGSTL398</lei>
        <title>AT&amp;T, Inc.</title>
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        <balance>3528000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3361734.36000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.65000000</annualizedRt>
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      <invstOrSec>
        <name>Nelnet Student Loan Trust</name>
        <lei>N/A</lei>
        <title>Nelnet Student Loan Trust, Series 2025-AA, Class A1B</title>
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        <balance>3209960.18000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-03-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.77222840</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ohio Edison Co.</name>
        <lei>N/A</lei>
        <title>Ohio Edison Co.</title>
        <cusip>677347CJ3</cusip>
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          <isin value="US677347CJ38"/>
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        <balance>1576000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1592006.53000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.95000000</annualizedRt>
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      <invstOrSec>
        <name>Oracle Corp.</name>
        <lei>1Z4GXXU7ZHVWFCD8TV52</lei>
        <title>Oracle Corp.</title>
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          <isin value="US68389XDH52"/>
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        <balance>3280000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3160874.93000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Navient Private Education Refi Loan Trust</name>
        <lei>N/A</lei>
        <title>Navient Private Education Refi Loan Trust, Series 2019-EA, Class A2B</title>
        <cusip>63941MAC5</cusip>
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        <balance>1857923.36000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1858375.58000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2068-05-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.70698920</annualizedRt>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>3138WE3P2</cusip>
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          <isin value="US3138WE3P21"/>
          <other otherDesc="Inhouse Asset ID" value="3138WE3P2"/>
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        <balance>15924.27530000</balance>
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        <curCd>USD</curCd>
        <valUSD>15610.49000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>Turquoise V Trust</name>
        <lei>N/A</lei>
        <title>Turquoise V Trust, Series 2026-1, Class D</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3FN0106597"/>
          <other otherDesc="Inhouse Asset ID" value="BYDXZUU01"/>
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        <balance>500000.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.44938039"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2067-06-12</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.79999965</annualizedRt>
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      <invstOrSec>
        <name>Harben Finance</name>
        <lei>N/A</lei>
        <title>Harben Finance, Series 2017-1RX, Class D</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2433730855"/>
          <other otherDesc="Inhouse Asset ID" value="BRWY38B81"/>
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        <balance>441000.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.75551526"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-09-28</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.22777820</annualizedRt>
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      <invstOrSec>
        <name>Levi Strauss &amp; Co.</name>
        <lei>MB0UERO0RDFKU8258G77</lei>
        <title>Levi Strauss &amp; Co.</title>
        <cusip>52736RBJ0</cusip>
        <identifiers>
          <isin value="US52736RBJ05"/>
          <other otherDesc="Inhouse Asset ID" value="52736RBJ0"/>
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        <balance>121000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>110791.21000000</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>
          <annualizedRt>3.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SLG Office Trust</name>
        <lei>N/A</lei>
        <title>SLG Office Trust, Series 2026-OMA, Class F</title>
        <cusip>78451FAL0</cusip>
        <identifiers>
          <isin value="US78451FAL04"/>
          <other otherDesc="Inhouse Asset ID" value="78451FAL0"/>
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        <balance>1300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1302471.43000000</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>2041-04-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.92219000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Williams Cos., Inc. (The)</name>
        <lei>D71FAKCBLFS2O0RBPG08</lei>
        <title>Williams Cos., Inc. (The)</title>
        <cusip>88339WAB2</cusip>
        <identifiers>
          <isin value="US88339WAB28"/>
          <other otherDesc="Inhouse Asset ID" value="88339WAB2"/>
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        <balance>101000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>102185.84000000</valUSD>
        <pctVal>0.002567330848</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.90000000</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>Freeport Indonesia PT</name>
        <lei>549300T4HTQHRKLNE619</lei>
        <title>Freeport Indonesia PT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="USY7141BAA18"/>
          <other otherDesc="Inhouse Asset ID" value="BRY11P079"/>
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        <balance>3625000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3617315.00000000</valUSD>
        <pctVal>0.090881910713</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.76300000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      </invstOrSec>
      <invstOrSec>
        <name>GS Mortgage-Backed Securities Trust</name>
        <lei>254900MQ3DUBXKU1DC81</lei>
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          <isin value="US36273GAA67"/>
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        <curCd>USD</curCd>
        <valUSD>1664152.94000000</valUSD>
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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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      <invstOrSec>
        <name>Atlas Funding plc</name>
        <lei>635400BMBKLDPBSN2U43</lei>
        <title>Atlas Funding plc, Series 2024-1, Class D</title>
        <cusip>N/A</cusip>
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          <isin value="XS2819820288"/>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Realty Income Corp.</name>
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        <title>Realty Income Corp.</title>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LifePoint Health, Inc.</name>
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        <title>LifePoint Health, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Oracle Corp.</name>
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        <title>Oracle Corp.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Twin Bridges plc</name>
        <lei>213800OFO3J9U3ZZGO47</lei>
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          <isin value="XS2434407347"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Directv Financing LLC</name>
        <lei>N/A</lei>
        <title>DirecTV Financing LLC</title>
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        <balance>1654000.00000000</balance>
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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>2031-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.00000000</annualizedRt>
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      <invstOrSec>
        <name>Verus Securitization Trust</name>
        <lei>9845000FE754F4AE7E70</lei>
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          <isin value="US92540FAC41"/>
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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>
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          <maturityDt>2069-03-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.46999920</annualizedRt>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>3138XTBK0</cusip>
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          <isin value="US3138XTBK02"/>
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        <balance>32241.72000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Community Health Systems, Inc.</name>
        <lei>5493007X5NC5XI1BB106</lei>
        <title>Community Health Systems, Inc.</title>
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          <isin value="US12543DBM11"/>
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        <balance>1592000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>OBX Trust</name>
        <lei>N/A</lei>
        <title>OBX Trust, Series 2023-NQM4, Class A1</title>
        <cusip>67448GAA1</cusip>
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          <isin value="US67448GAA13"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Pony SA</name>
        <lei>2221001FWHVHKUW4NQ77</lei>
        <title>Pony SA, Series 2024-1, Class D</title>
        <cusip>N/A</cusip>
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          <isin value="XS2845211379"/>
          <other otherDesc="Inhouse Asset ID" value="BYD3S64W7"/>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-14</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>United States of America</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Notes</title>
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          <isin value="US91282CPC90"/>
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        <balance>58745000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>58288349.27000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>CHL Mortgage Pass-Through Trust</name>
        <lei>N/A</lei>
        <title>CHL Mortgage Pass-Through Trust, Series 2005-17, Class 1A6</title>
        <cusip>12669G5S6</cusip>
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          <isin value="US12669G5S66"/>
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        <balance>149345.13000000</balance>
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        <curCd>USD</curCd>
        <valUSD>146642.52000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-09-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>CQP Holdco LP</name>
        <lei>N/A</lei>
        <title>CQP Holdco LP</title>
        <cusip>12657NAA8</cusip>
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          <isin value="US12657NAA81"/>
          <other otherDesc="Inhouse Asset ID" value="12657NAA8"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>731431.95000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
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      <invstOrSec>
        <name>Scotts Miracle-Gro Co. (The)</name>
        <lei>2TH9E0JTOUXOEGI2R879</lei>
        <title>Scotts Miracle-Gro Co. (The)</title>
        <cusip>810186AS5</cusip>
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          <isin value="US810186AS55"/>
          <other otherDesc="Inhouse Asset ID" value="810186AS5"/>
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        <balance>23000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>22484.19000000</valUSD>
        <pctVal>0.000564895826</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
          <isDefault>N</isDefault>
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      <invstOrSec>
        <name>AutoFlorence 2 SRL</name>
        <lei>815600C91B7AF7C88210</lei>
        <title>AutoFlorence 2 SRL, Series 2, Class C</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005456964"/>
          <other otherDesc="Inhouse Asset ID" value="BRWSRGMY1"/>
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        <balance>55282.96450000</balance>
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      <invstOrSec>
        <name>Regatta 36 Funding Ltd.</name>
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        <name>LBA Trust</name>
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        <name>Level 3 Financing, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Lagarino European Loan Conduit No. 40 DAC</name>
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          <isin value="XS3121136439"/>
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        <invCountry>IE</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Broadcom, Inc.</name>
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        <title>Broadcom, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ardonagh Finco Ltd.</name>
        <lei>254900D2T84O1K03BA28</lei>
        <title>Ardonagh Finco Ltd.</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Cheniere Corpus Christi Holdings LLC</name>
        <lei>549300I7CIEWU1BBLQ53</lei>
        <title>Cheniere Corpus Christi Holdings LLC</title>
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          <isin value="US16412XAJ46"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.70000000</annualizedRt>
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      <invstOrSec>
        <name>Braccan Mortgage Funding plc</name>
        <lei>2138006RXLKWX319BI66</lei>
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          <isin value="XS3305916333"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2068-04-17</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>SAIF Securitization Trust</name>
        <lei>N/A</lei>
        <title>SAIF Securitization Trust, Series 2026-CES1, Class A1A</title>
        <cusip>78710HAA7</cusip>
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          <isin value="US78710HAA77"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>DBR Land Holdings LLC</name>
        <lei>N/A</lei>
        <title>DBR Land Holdings LLC</title>
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          <isin value="US24024BAA52"/>
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        <balance>196000.00000000</balance>
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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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      <invstOrSec>
        <name>AFG Trust</name>
        <lei>N/A</lei>
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          <isin value="AU3FN0106662"/>
          <other otherDesc="Inhouse Asset ID" value="Z97FPAHA4"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Park Blue CLO Ltd.</name>
        <lei>213800GMETRF98C4D824</lei>
        <title>Park Blue CLO Ltd., Series 2025-9A, Class C</title>
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          <isin value="US70019UAG04"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Federal Home Loan Bank</name>
        <lei>2549001DPIFGXC1TOL40</lei>
        <title>Federal Home Loan Bank Bonds</title>
        <cusip>3130APQZ1</cusip>
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          <isin value="US3130APQZ15"/>
          <other otherDesc="Inhouse Asset ID" value="3130APQZ1"/>
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        <balance>3525000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Fortuna Consumer Loan ABS DAC</name>
        <lei>635400N6ZVLRSMHBQG89</lei>
        <title>Fortuna Consumer Loan ABS DAC, Series 2024-1, Class C</title>
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          <isin value="XS2746465272"/>
          <other otherDesc="Inhouse Asset ID" value="BRYUJDW11"/>
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        <balance>88223.24000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
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          <isin value="US31418CVC53"/>
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        <curCd>USD</curCd>
        <valUSD>711110.63000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Jones Deslauriers Insurance Management, Inc.</name>
        <lei>549300JQIWNFU00E5424</lei>
        <title>Jones Deslauriers Insurance Management, Inc.</title>
        <cusip>48020RAB1</cusip>
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          <isin value="US48020RAB15"/>
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        <balance>447000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>454343.32000000</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>2030-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Brignole Co.</name>
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        <name>Anchorage Capital CLO 19 Ltd.</name>
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      <invstOrSec>
        <name>US Foods, Inc.</name>
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      <invstOrSec>
        <name>Trivium Packaging Finance BV</name>
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      <invstOrSec>
        <name>Velocity Commercial Capital Loan Trust</name>
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      <invstOrSec>
        <name>Bear Stearns ARM Trust</name>
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      <invstOrSec>
        <name>CCO Holdings LLC</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Sofi Consumer Loan Program Trust</name>
        <lei>N/A</lei>
        <title>Sofi Consumer Loan Program Trust, Series 2026-B, Class A</title>
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          <isin value="US83407MAA45"/>
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        <name>Towd Point Mortgage Trust</name>
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      <invstOrSec>
        <name>Motorola Solutions, Inc.</name>
        <lei>6S552MUG6KGJVEBSEC55</lei>
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        <name>FCT Noria</name>
        <lei>5493003C5ECZD3NDSV63</lei>
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          <isin value="FR00140048U8"/>
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      <invstOrSec>
        <name>Iliad Holding SAS</name>
        <lei>9695009BGMXB527HV965</lei>
        <title>Maya SAS</title>
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        <name>NXP BV</name>
        <lei>724500RKKW4NOJ9YQF60</lei>
        <title>NXP BV</title>
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      <invstOrSec>
        <name>RCKT Mortgage Trust</name>
        <lei>N/A</lei>
        <title>RCKT Mortgage Trust, Series 2024-CES5, Class A2</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Citadel plc</name>
        <lei>213800XKX6NBEB5W9Z43</lei>
        <title>Citadel plc, Series 2024-1, Class D</title>
        <cusip>N/A</cusip>
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          <isin value="XS2913062092"/>
          <other otherDesc="Inhouse Asset ID" value="BYDA7S810"/>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-04-28</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Howard Hughes Corp. (The)</name>
        <lei>549300BVHY25JZC1KI49</lei>
        <title>Howard Hughes Corp. (The)</title>
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        <valUSD>90886.97000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Baker Hughes Holdings LLC</name>
        <lei>N/A</lei>
        <title>Baker Hughes Holdings LLC</title>
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          <isin value="US05724BAM19"/>
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        <valUSD>4598901.48000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Sofi Consumer Loan Program Trust</name>
        <lei>N/A</lei>
        <title>Sofi Consumer Loan Program Trust, Series 2026-B, Class D</title>
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          <isin value="US83407MAD83"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.56000000</annualizedRt>
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      <invstOrSec>
        <name>GoodLeap Home Improvement Solutions Trust</name>
        <lei>N/A</lei>
        <title>GoodLeap Home Improvement Solutions Trust, Series 2025-2A, Class B</title>
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          <isin value="US38238FAB67"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-06-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.98000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LEX Trust</name>
        <lei>N/A</lei>
        <title>LEX Trust, Series 2026-450, Class E</title>
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          <isin value="US501970AJ69"/>
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        <balance>2665000.00000000</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>2043-03-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Metro Finance Trust</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <isin value="AU3FN0096616"/>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-10-15</maturityDt>
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      <invstOrSec>
        <name>FS</name>
        <lei>N/A</lei>
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          <isin value="US30343YAJ73"/>
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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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          <maturityDt>2041-02-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.92250840</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BFLD Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>BFLD Commercial Mortgage Trust, Series 2025-660F, Class A</title>
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          <isin value="US05556QAA76"/>
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        <balance>1862000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-11-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.17250880</annualizedRt>
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      <invstOrSec>
        <name>Five Point Operating Co. LP</name>
        <lei>N/A</lei>
        <title>Five Point Operating Co. LP</title>
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        <balance>88000.00000000</balance>
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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>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Maricopa County Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Maricopa County Industrial Development Authority, Series 2024</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NTT Finance Corp.</name>
        <lei>3538007PR116187GD960</lei>
        <title>NTT Finance Corp.</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-07-27</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Taylor Morrison Communities, Inc.</name>
        <lei>549300O1Z08HI2MRK572</lei>
        <title>Taylor Morrison Communities, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Auto Abs Spanish Loans</name>
        <lei>N/A</lei>
        <title>Auto Abs Spanish Loans, Series 2026-1, Class C</title>
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          <isin value="ES0306016025"/>
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        <invCountry>ES</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Lanebrook Mortgage Transaction plc</name>
        <lei>213800KIKUC4SBO49X16</lei>
        <title>Lanebrook Mortgage Transaction plc, Series 2021-1, Class C</title>
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          <isin value="XS2382919848"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2058-07-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.00393830</annualizedRt>
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      <invstOrSec>
        <name>London Cards No3 plc</name>
        <lei>N/A</lei>
        <title>London Cards No. 3 plc, Series 3X, Class C</title>
        <cusip>N/A</cusip>
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          <isin value="XS3201308676"/>
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        <balance>609000.00000000</balance>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-12-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Meridian Funding plc</name>
        <lei>6354007VNVP2YBYBAX64</lei>
        <title>Meridian Funding plc, Series 2025-1, Class E</title>
        <cusip>N/A</cusip>
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          <isin value="XS3183184335"/>
          <other otherDesc="Inhouse Asset ID" value="BYDSNK4A4"/>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2068-02-20</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Univision Communications, Inc.</name>
        <lei>549300YQDE2JSGTL8V47</lei>
        <title>Univision Communications, Inc.</title>
        <cusip>914906AZ5</cusip>
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          <isin value="US914906AZ55"/>
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        <balance>448000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>450186.24000000</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>2031-07-31</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Oracle Corp.</name>
        <lei>1Z4GXXU7ZHVWFCD8TV52</lei>
        <title>Oracle Corp.</title>
        <cusip>68389XBV6</cusip>
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          <isin value="US68389XBV64"/>
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        <balance>3141000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2867220.67000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.95000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WEST Trust</name>
        <lei>N/A</lei>
        <title>WEST Trust, Series 2025-ROSE, Class A</title>
        <cusip>955909AA4</cusip>
        <identifiers>
          <isin value="US955909AA47"/>
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        <balance>2862000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2873938.83000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-04-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.27500080</annualizedRt>
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      <invstOrSec>
        <name>CVR Energy, Inc.</name>
        <lei>529900SOYZIXZBTXB558</lei>
        <title>CVR Energy, Inc.</title>
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          <isin value="US12662PAJ75"/>
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        <balance>84000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>84294.38000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.87500000</annualizedRt>
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      <invstOrSec>
        <name>BFLD Trust</name>
        <lei>N/A</lei>
        <title>BFLD Trust, Series 2025-FPM, Class B</title>
        <cusip>05556HAC3</cusip>
        <identifiers>
          <isin value="US05556HAC34"/>
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        <balance>2961000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2976874.51000000</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>2040-10-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.22015120</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Novelis Corp.</name>
        <lei>549300G5F3W3B52WYL23</lei>
        <title>Novelis Corp.</title>
        <cusip>670001AL0</cusip>
        <identifiers>
          <isin value="US670001AL04"/>
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        <balance>1451000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1463581.62000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</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>SoFi Professional Loan Program Trust</name>
        <lei>N/A</lei>
        <title>SoFi Professional Loan Program Trust, Series 2018-C, Class A2FX</title>
        <cusip>78490DAB0</cusip>
        <identifiers>
          <isin value="US78490DAB01"/>
          <other otherDesc="Inhouse Asset ID" value="78490DAB0"/>
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        <balance>251980.57810000</balance>
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        <curCd>USD</curCd>
        <valUSD>250815.37000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.59000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>RR Donnelley &amp; Sons Co.</name>
        <lei>SU4X0P4WWRGOQDTSV032</lei>
        <title>RR Donnelley &amp; Sons Co.</title>
        <cusip>257867BJ9</cusip>
        <identifiers>
          <isin value="US257867BJ97"/>
          <other otherDesc="Inhouse Asset ID" value="257867BJ9"/>
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        <balance>659000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>667042.44000000</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>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.50000000</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>Broadcom, Inc.</name>
        <lei>549300WV6GIDOZJTV909</lei>
        <title>Broadcom, Inc.</title>
        <cusip>11135FCZ2</cusip>
        <identifiers>
          <isin value="US11135FCZ27"/>
          <other otherDesc="Inhouse Asset ID" value="11135FCZ2"/>
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        <balance>1870000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1853932.10000000</valUSD>
        <pctVal>0.046578440522</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.30000000</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>Bletchley Park Funding plc</name>
        <lei>635400OJVL3HJJTKNB05</lei>
        <title>Bletchley Park Funding plc, Series 2025-1, Class B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS3075488950"/>
          <other otherDesc="Inhouse Asset ID" value="BYDKBS9L8"/>
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        <balance>416000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.75551526"/>
        <valUSD>551114.25000000</valUSD>
        <pctVal>0.013846268865</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2070-01-27</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.92900015</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>Lanark Master Issuer plc</name>
        <lei>213800KIOPB5OYXIVY33</lei>
        <title>Lanark Master Issuer plc, Series 2025-1X, Class 1A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2994502792"/>
          <other otherDesc="Inhouse Asset ID" value="BYDFH0PU6"/>
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        <balance>988950.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.75551526"/>
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        <pctVal>0.032837547556</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2069-12-22</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.21116925</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>Mortgage House RMBS Prime</name>
        <lei>9845002AA60A62C9AC97</lei>
        <title>Mortgage House RMBS Prime, Series 2024-2, Class A1L</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3FN0093639"/>
          <other otherDesc="Inhouse Asset ID" value="BYDBDWCN9"/>
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        <balance>713466.44000000</balance>
        <units>PA</units>
        <currencyConditional curCd="AUD" exchangeRt="1.44938039"/>
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        <pctVal>0.012380496424</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-05-13</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.05069845</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
        <cusip>61747YEK7</cusip>
        <identifiers>
          <isin value="US61747YEK73"/>
          <other otherDesc="Inhouse Asset ID" value="61747YEK7"/>
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        <balance>4791000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4715907.16000000</valUSD>
        <pctVal>0.118483088546</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-21</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.47500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>American Builders &amp; Contractors Supply Co., Inc.</name>
        <lei>549300H5GQ4C1BEKG397</lei>
        <title>American Builders &amp; Contractors Supply Co., Inc.</title>
        <cusip>024747AG2</cusip>
        <identifiers>
          <isin value="US024747AG26"/>
          <other otherDesc="Inhouse Asset ID" value="024747AG2"/>
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        <balance>45000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>42655.22000000</valUSD>
        <pctVal>0.001071675509</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</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 PipeLines Ltd.</name>
        <lei>5BV01I6231JPDAPMGH09</lei>
        <title>TransCanada PipeLines Ltd.</title>
        <cusip>89352HAW9</cusip>
        <identifiers>
          <isin value="US89352HAW97"/>
          <other otherDesc="Inhouse Asset ID" value="89352HAW9"/>
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        <balance>463000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>460916.47000000</valUSD>
        <pctVal>0.011580127656</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</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>HONO Mortgage Trust</name>
        <lei>N/A</lei>
        <title>HONO Mortgage Trust, Series 2021-LULU, Class A</title>
        <cusip>40390MAA3</cusip>
        <identifiers>
          <isin value="US40390MAA36"/>
          <other otherDesc="Inhouse Asset ID" value="40390MAA3"/>
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        <balance>5557000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5497956.88000000</valUSD>
        <pctVal>0.138131411356</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.93747920</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>Virgin Media Secured Finance plc</name>
        <lei>213800X3RLP4NOTPY579</lei>
        <title>Virgin Media Secured Finance plc</title>
        <cusip>92769XAP0</cusip>
        <identifiers>
          <isin value="US92769XAP06"/>
          <other otherDesc="Inhouse Asset ID" value="92769XAP0"/>
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        <balance>1269000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1217072.39000000</valUSD>
        <pctVal>0.030577891137</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</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>FIGRE Trust</name>
        <lei>N/A</lei>
        <title>FIGRE Trust, Series 2026-HE2, Class A</title>
        <cusip>31684VAC3</cusip>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Luna 1.5 SARL</name>
        <lei>64884UZ60Y77J5XK5C41</lei>
        <title>Luna 1.5 SARL</title>
        <cusip>N/A</cusip>
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          <isin value="XS3148254975"/>
          <other otherDesc="Inhouse Asset ID" value="BYDNV1GT4"/>
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        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>3140GUEH6</cusip>
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          <isin value="US3140GUEH65"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DBC Mortgage Trust</name>
        <lei>N/A</lei>
        <title>DBC Mortgage Trust, Series 2025-DBC, Class C</title>
        <cusip>23306HAE5</cusip>
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          <isin value="US23306HAE53"/>
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        <balance>5605000.00000000</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>2042-11-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.72299920</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Vmed O2 UK Financing I plc</name>
        <lei>213800MRR46ECNGZ7L69</lei>
        <title>Vmed O2 UK Financing I plc</title>
        <cusip>92858RAA8</cusip>
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          <isin value="US92858RAA86"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>RTX Corp.</name>
        <lei>I07WOS4YJ0N7YRFE7309</lei>
        <title>RTX Corp.</title>
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          <isin value="US913017CY37"/>
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        <balance>6351000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bank of America Corp.</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>Bank of America Corp., Series FIX</title>
        <cusip>06051GML0</cusip>
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          <isin value="US06051GML04"/>
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        <balance>6459000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6582056.48000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-24</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.16200000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Clear Channel Outdoor Holdings, Inc.</name>
        <lei>254900XBEE6V1ENYS150</lei>
        <title>Clear Channel Outdoor Holdings, Inc.</title>
        <cusip>18453HAF3</cusip>
        <identifiers>
          <isin value="US18453HAF38"/>
          <other otherDesc="Inhouse Asset ID" value="18453HAF3"/>
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        <balance>3656000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3826014.97000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.87500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BX Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>BX Commercial Mortgage Trust, Series 2024-MF, Class B</title>
        <cusip>05612EAC2</cusip>
        <identifiers>
          <isin value="US05612EAC21"/>
          <other otherDesc="Inhouse Asset ID" value="05612EAC2"/>
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        <balance>1469854.55000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1469395.22000000</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>2039-02-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.36375880</annualizedRt>
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      <invstOrSec>
        <name>MPT Operating Partnership LP</name>
        <lei>WUQXXXF7PXTUPGROE843</lei>
        <title>MPT Operating Partnership LP</title>
        <cusip>55342UAQ7</cusip>
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          <isin value="US55342UAQ76"/>
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        <balance>805000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>816118.66000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Mosaic Solar Loan Trust</name>
        <lei>N/A</lei>
        <title>Mosaic Solar Loan Trust, Series 2022-1A, Class B</title>
        <cusip>61946QAB7</cusip>
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          <isin value="US61946QAB77"/>
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        <balance>3143006.44000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2164034.11000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-01-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.16000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Upgrade Master Pass-Thru Trust</name>
        <lei>N/A</lei>
        <title>Upgrade Master Pass-Thru Trust, Series 2025-ST6, Class A</title>
        <cusip>91533QAA5</cusip>
        <identifiers>
          <isin value="US91533QAA58"/>
          <other otherDesc="Inhouse Asset ID" value="91533QAA5"/>
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        <balance>2074664.78000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2075036.97000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.61100000</annualizedRt>
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      <invstOrSec>
        <name>Elstree Funding No. 4 plc</name>
        <lei>635400JAGLODYUGMIF69</lei>
        <title>Elstree Funding No. 4 plc, Series 4, Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2742528479"/>
          <other otherDesc="Inhouse Asset ID" value="BRYV1RU27"/>
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        <currencyConditional curCd="GBP" exchangeRt="0.75551526"/>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-10-21</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Fantasia Holdings Group Co. Ltd.</name>
        <lei>5493005JQNLB3I01JW62</lei>
        <title>Fantasia Holdings Group Co. Ltd.</title>
        <cusip>N/A</cusip>
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          <isin value="XS2245488262"/>
          <other otherDesc="Inhouse Asset ID" value="BRW9HMT24"/>
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        <curCd>USD</curCd>
        <valUSD>2997.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-10-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.87500000</annualizedRt>
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      <invstOrSec>
        <name>Dutch Property Finance BV</name>
        <lei>724500HXDVQPC2FOAA29</lei>
        <title>Dutch Property Finance BV, Series 2021-2, Class C</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2384171802"/>
          <other otherDesc="Inhouse Asset ID" value="Z95F1K570"/>
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        <balance>503000.00000000</balance>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-04-28</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>GFL Environmental Holdings US, Inc.</name>
        <lei>N/A</lei>
        <title>GFL Environmental Holdings US, Inc.</title>
        <cusip>36273TAA8</cusip>
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          <isin value="US36273TAA88"/>
          <other otherDesc="Inhouse Asset ID" value="36273TAA8"/>
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        <balance>421000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>412915.07000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Capital One Financial Corp.</name>
        <lei>ZUE8T73ROZOF6FLBAR73</lei>
        <title>Capital One Financial Corp.</title>
        <cusip>14040HDE2</cusip>
        <identifiers>
          <isin value="US14040HDE27"/>
          <other otherDesc="Inhouse Asset ID" value="14040HDE2"/>
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        <balance>3143000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3224454.15000000</valUSD>
        <pctVal>0.081011621647</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Element Solutions, Inc.</name>
        <lei>549300FLGN6P5CU20J91</lei>
        <title>Element Solutions, Inc.</title>
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          <isin value="US28618MAA45"/>
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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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          <maturityDt>2028-09-01</maturityDt>
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          <annualizedRt>3.87500000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>SC Germany SA Compartment Consumer</name>
        <lei>N/A</lei>
        <title>SC Germany SA Compartment Consumer, Series 2025-1, Class B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS3035235616"/>
          <other otherDesc="Inhouse Asset ID" value="BYDGHBB84"/>
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        <balance>1000000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-12-14</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.89000080</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Vistra Operations Co. LLC</name>
        <lei>549300ZH5GKBTJZ7NM23</lei>
        <title>Vistra Operations Co. LLC</title>
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          <isin value="US92840VAX01"/>
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        <balance>4040000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3991583.02000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.30000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Upgrade Master Pass-Thru Trust</name>
        <lei>N/A</lei>
        <title>Upgrade Master Pass-Thru Trust, Series 2025-ST8, Class D</title>
        <cusip>91535UAD8</cusip>
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          <isin value="US91535UAD81"/>
          <other otherDesc="Inhouse Asset ID" value="91535UAD8"/>
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        <balance>642000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>638474.33000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.91200000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Gemgarto plc</name>
        <lei>635400KLHB2FIID9TE45</lei>
        <title>Gemgarto plc, Series 2021-1X, Class C</title>
        <cusip>N/A</cusip>
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          <isin value="XS2279560200"/>
          <other otherDesc="Inhouse Asset ID" value="BRWGPDVW0"/>
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        <balance>218000.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.75551526"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2067-12-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.68310110</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Anchorage Capital CLO 7 Ltd.</name>
        <lei>54930014PVHLSZJQK139</lei>
        <title>Anchorage Capital CLO 7 Ltd., Series 2015-7A, Class BR3</title>
        <cusip>03328TBU8</cusip>
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          <isin value="US03328TBU88"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1502253.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-04-28</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.72130000</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>CrossCountry Intermediate HoldCo LLC</name>
        <lei>N/A</lei>
        <title>CrossCountry Intermediate HoldCo LLC</title>
        <cusip>22757VAB6</cusip>
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          <isin value="US22757VAB62"/>
          <other otherDesc="Inhouse Asset ID" value="22757VAB6"/>
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        <balance>43000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>40460.87000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>3138WJJ90</cusip>
        <identifiers>
          <isin value="US3138WJJ907"/>
          <other otherDesc="Inhouse Asset ID" value="3138WJJ90"/>
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        <balance>160858.88000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>154984.27000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Satus plc</name>
        <lei>213800P7IESQH1HBW693</lei>
        <title>Satus plc, Series 2024-1, Class C</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2801109815"/>
          <other otherDesc="Inhouse Asset ID" value="BYD00W9T8"/>
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        <balance>137000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.75551526"/>
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        <pctVal>0.004541602970</pctVal>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-17</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
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          <isin value="US3140Q7PN19"/>
          <other otherDesc="Inhouse Asset ID" value="3140Q7PN1"/>
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        <balance>403830.05300000</balance>
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        <curCd>USD</curCd>
        <valUSD>392000.89000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>Pacific Gas &amp; Electric Co.</name>
        <lei>1HNPXZSMMB7HMBMVBS46</lei>
        <title>Pacific Gas &amp; Electric Co.</title>
        <cusip>694308JG3</cusip>
        <identifiers>
          <isin value="US694308JG36"/>
          <other otherDesc="Inhouse Asset ID" value="694308JG3"/>
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        <balance>4450000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3988112.61000000</valUSD>
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        <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>2.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sound Point CLO XXVIII Ltd.</name>
        <lei>N/A</lei>
        <title>Sound Point CLO XXVIII Ltd., Series 2020-3A, Class A1R</title>
        <cusip>83615CAL0</cusip>
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          <isin value="US83615CAL00"/>
          <other otherDesc="Inhouse Asset ID" value="83615CAL0"/>
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        <balance>4181177.53000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4181178.78000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-25</maturityDt>
          <couponKind>Floating</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LGI Homes, Inc.</name>
        <lei>549300W02B4WNV8CV109</lei>
        <title>LGI Homes, Inc.</title>
        <cusip>50187TAH9</cusip>
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          <isin value="US50187TAH95"/>
          <other otherDesc="Inhouse Asset ID" value="50187TAH9"/>
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        <balance>49000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>50133.47000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.75000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>3138WFT48</cusip>
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          <isin value="US3138WFT482"/>
          <other otherDesc="Inhouse Asset ID" value="3138WFT48"/>
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        <balance>120797.64000000</balance>
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        <curCd>USD</curCd>
        <valUSD>118156.82000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Vista Point Securitization Trust</name>
        <lei>N/A</lei>
        <title>Vista Point Securitization Trust, Series 2024-CES1, Class A2</title>
        <cusip>92839HAB2</cusip>
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          <isin value="US92839HAB24"/>
          <other otherDesc="Inhouse Asset ID" value="92839HAB2"/>
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        <balance>2370000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2402960.06000000</valUSD>
        <pctVal>0.060372293156</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.83600040</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>PG&amp;E Corp.</name>
        <lei>8YQ2GSDWYZXO2EDN3511</lei>
        <title>PG&amp;E Corp.</title>
        <cusip>69331CAJ7</cusip>
        <identifiers>
          <isin value="US69331CAJ71"/>
          <other otherDesc="Inhouse Asset ID" value="69331CAJ7"/>
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        <balance>548000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>540762.07000000</valUSD>
        <pctVal>0.013586179296</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</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>Westpac Banking Corp.</name>
        <lei>EN5TNI6CI43VEPAMHL14</lei>
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        <name>Hops Hill No. 5 plc</name>
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      <invstOrSec>
        <name>WHARF Commercial Mortgage Trust</name>
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        <name>Enbridge, Inc.</name>
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        <name>Cross Mortgage Trust</name>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
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        <name>Sage AR Funding</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SC Germany SA Compartment Consumer</name>
        <lei>N/A</lei>
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          <isin value="XS2239091593"/>
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        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SK Invictus Intermediate II SARL</name>
        <lei>N/A</lei>
        <title>SK Invictus Intermediate II SARL</title>
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        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>VICI Properties LP</name>
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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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        <name>Synchrony Financial</name>
        <lei>549300RS7EWPM9MA6C78</lei>
        <title>Synchrony Financial</title>
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        <fairValLevel>2</fairValLevel>
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        <name>BlackRock Capital Finance LP</name>
        <lei>N/A</lei>
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        <fairValLevel>3</fairValLevel>
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        <name>Morgan Stanley Capital I Trust</name>
        <lei>N/A</lei>
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        <name>Seagate Data Storage Technology Pte. Ltd.</name>
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        <title>Seagate Data Storage Technology Pte. Ltd.</title>
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        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Broadcom, Inc.</name>
        <lei>549300WV6GIDOZJTV909</lei>
        <title>Broadcom, Inc.</title>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Trinity Square plc</name>
        <lei>6354001L6FRKQUMWRQ12</lei>
        <title>Trinity Square plc, Series 2021-1X, Class AR</title>
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          <isin value="XS2783077196"/>
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        <balance>516050.36000000</balance>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-07-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>NCL Corp. Ltd.</name>
        <lei>UNZWILHE4KMRP9K2L524</lei>
        <title>NCL Corp. Ltd.</title>
        <cusip>62886HBZ3</cusip>
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        <balance>38000.00000000</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>
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        <name>Federal National Mortgage Association</name>
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        <name>Pikes Peak CLO 6</name>
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        <name>United Airlines, Inc.</name>
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        <name>OneMain Finance Corp.</name>
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        <name>Lamb Weston Holdings, Inc.</name>
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        <name>RTX Corp.</name>
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        <name>Morgan Stanley</name>
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        <name>Telecom Italia Capital SA</name>
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        <name>Celanese US Holdings LLC</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Bombardier, Inc.</name>
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        <name>Novelis Corp.</name>
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        <name>GreenSky Home Improvement Issuer Trust</name>
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        <name>Truist Financial Corp.</name>
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        <name>GAMMA Sociedade de Titularizacao de Creditos SA Consumer Totta 3</name>
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        <invCountry>PT</invCountry>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Federal National Mortgage Association Variable Rate Notes</title>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Azorra Finance Ltd.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ryder System, Inc.</name>
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      <invstOrSec>
        <name>BlueMountain CLO Ltd.</name>
        <lei>N/A</lei>
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        <balance>500000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LEX Trust</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Starwood Mortgage Residential Trust</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
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          <isin value="US3140J76U41"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Forward Foreign Currency Contract</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Inhouse Asset ID" value="439750"/>
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        <curCd>N/A</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Golden Bar Securitisation SRL</name>
        <lei>N/A</lei>
        <title>Golden Bar Securitisation SRL, Series 2025-1, Class D</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005652190"/>
          <other otherDesc="Inhouse Asset ID" value="BYDKMN0D4"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Fortuna Consumer Loan ABS DAC</name>
        <lei>635400DRZLOPFVGZUR29</lei>
        <title>Fortuna Consumer Loan ABS DAC, Series 2025-1, Class A</title>
        <cusip>N/A</cusip>
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          <isin value="XS3030349511"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>USA Compression Partners LP</name>
        <lei>N/A</lei>
        <title>USA Compression Partners LP</title>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>3138WFT30</cusip>
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          <isin value="US3138WFT300"/>
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        <curCd>USD</curCd>
        <valUSD>276181.35000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>J.P. Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>J.P. Morgan Mortgage Trust, Series 2020-LTV1, Class A11</title>
        <cusip>46591NBC0</cusip>
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          <isin value="US46591NBC02"/>
          <other otherDesc="Inhouse Asset ID" value="46591NBC0"/>
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        <balance>32121.90000000</balance>
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        <curCd>USD</curCd>
        <valUSD>32073.32000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2050-06-25</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Realty Income Corp.</name>
        <lei>549300CUWDAUZSH43859</lei>
        <title>Realty Income Corp.</title>
        <cusip>756109AW4</cusip>
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          <isin value="US756109AW41"/>
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        <valUSD>1802440.54000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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      <invstOrSec>
        <name>JPMorgan Chase &amp; Co.</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMorgan Chase &amp; Co.</title>
        <cusip>46647PEJ1</cusip>
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        <balance>8045000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8159213.98000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-22</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.99500000</annualizedRt>
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      <invstOrSec>
        <name>Broadcom, Inc.</name>
        <lei>549300WV6GIDOZJTV909</lei>
        <title>Broadcom, Inc.</title>
        <cusip>11135FCW9</cusip>
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          <isin value="US11135FCW95"/>
          <other otherDesc="Inhouse Asset ID" value="11135FCW9"/>
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        <balance>1410000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1393615.53000000</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>2030-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.20000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Stream Innovations Issuer Trust</name>
        <lei>N/A</lei>
        <title>Stream Innovations Issuer Trust, Series 2025-1A, Class A</title>
        <cusip>86324XAA3</cusip>
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          <isin value="US86324XAA37"/>
          <other otherDesc="Inhouse Asset ID" value="86324XAA3"/>
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        <balance>330218.98000000</balance>
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        <curCd>USD</curCd>
        <valUSD>331270.86000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Motorola Solutions, Inc.</name>
        <lei>6S552MUG6KGJVEBSEC55</lei>
        <title>Motorola Solutions, Inc.</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-23</maturityDt>
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      <invstOrSec>
        <name>Fertitta Entertainment LLC</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-15</maturityDt>
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      <invstOrSec>
        <name>Mosaic Solar Loan Trust</name>
        <lei>N/A</lei>
        <title>Mosaic Solar Loan Trust, Series 2019-2A, Class A</title>
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          <isin value="US61945LAA17"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Mortimer BTL plc</name>
        <lei>213800XP3NPPV83PMY32</lei>
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          <isin value="XS2349428917"/>
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        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-06-23</maturityDt>
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      <invstOrSec>
        <name>GLP Capital LP</name>
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        <title>GLP Capital LP</title>
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          <isin value="US361841AP42"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>OBX Trust</name>
        <lei>N/A</lei>
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          <isin value="US67117VAA89"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2063-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.51999960</annualizedRt>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Federal National Mortgage Association Variable Rate Notes</title>
        <cusip>3138Y7HX3</cusip>
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          <isin value="US3138Y7HX31"/>
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        <balance>34311.07000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.09000120</annualizedRt>
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      <invstOrSec>
        <name>Auto1 Car Funding SARL</name>
        <lei>984500380CAE46K6F380</lei>
        <title>Auto1 Car Funding SARL, Series 2024-1, Class C</title>
        <cusip>N/A</cusip>
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          <isin value="XS2856677807"/>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-12-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>UWM Holdings LLC</name>
        <lei>N/A</lei>
        <title>UWM Holdings LLC</title>
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          <isin value="US903522AA85"/>
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        <balance>563000.00000000</balance>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Energy Transfer LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>Energy Transfer LP</title>
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          <isin value="US29278NAQ60"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-15</maturityDt>
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        <name>Vistra Operations Co. LLC</name>
        <lei>549300ZH5GKBTJZ7NM23</lei>
        <title>Vistra Operations Co. LLC</title>
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        <balance>160000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-10-15</maturityDt>
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      <invstOrSec>
        <name>RR 43 Ltd.</name>
        <lei>N/A</lei>
        <title>RR 43 Ltd., Series 2026-43A, Class B</title>
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          <isin value="US78110AAG58"/>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-10-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Wells Fargo Mortgage Backed Securities Trust</name>
        <lei>N/A</lei>
        <title>Wells Fargo Mortgage Backed Securities Trust, Series 2020-RR1, Class A1</title>
        <cusip>949796AA4</cusip>
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          <isin value="US949796AA46"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-05-25</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Verus Securitization Trust</name>
        <lei>213800H1O4C5SRNN4B66</lei>
        <title>Verus Securitization Trust, Series 2025-11, Class B1</title>
        <cusip>924935AL3</cusip>
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          <isin value="US924935AL30"/>
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        <balance>1350271.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1331269.45000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2070-11-25</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>American Tower Corp.</name>
        <lei>5493006ORUSIL88JOE18</lei>
        <title>American Tower Corp.</title>
        <cusip>03027XCG3</cusip>
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          <isin value="US03027XCG34"/>
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        <balance>4529000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4605763.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.20000000</annualizedRt>
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      <invstOrSec>
        <name>Santander Consumo 10 FT</name>
        <lei>N/A</lei>
        <title>Santander Consumo 10 FT, Series 10, Class D</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0306018047"/>
          <other otherDesc="Inhouse Asset ID" value="BYJ0Q86N3"/>
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        <balance>300000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.86516416"/>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-05-22</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.14399960</annualizedRt>
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      <invstOrSec>
        <name>Canada Square Funding plc</name>
        <lei>6354009BNGSKPMISBP18</lei>
        <title>Canada Square Funding plc, Series 6, Class C</title>
        <cusip>N/A</cusip>
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        <name>Together Asset-Backed Securitisation plc</name>
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        <name>Nelnet Student Loan Trust</name>
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        <name>Allied Universal Holdco LLC</name>
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        <name>NextEra Energy Capital Holdings, Inc.</name>
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        <name>Capital One Financial Corp.</name>
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        <name>Federal National Mortgage Association</name>
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        <issuerCat>USGSE</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>Advanced Drainage Systems, Inc.</name>
        <lei>6QQTOZ5MF5DHM7K92I60</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>GFL Environmental, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Progressive Corp. (The)</name>
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        <name>KKR CLO 27 Ltd.</name>
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        <invCountry>KY</invCountry>
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        <name>M&amp;T Bank RV Trust</name>
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        <name>AHP Health Partners, Inc.</name>
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        <name>Golden Ray SA-Compartment 1</name>
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        <name>Albertsons Cos., Inc.</name>
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        <title>Albertsons Cos., Inc.</title>
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        <name>Golden Bar Securitisation SRL</name>
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        <invCountry>IT</invCountry>
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        <name>Southern California Edison Co.</name>
        <lei>9R1Z5I36FERIBVKW4P77</lei>
        <title>Southern California Edison Co.</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <annualizedRt>5.15000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LendingClub Structured Loan Certificate Issuer Trust</name>
        <lei>N/A</lei>
        <title>LendingClub Structured Loan Certificate Issuer Trust, Series 2025-P16, Class A</title>
        <cusip>525950AA9</cusip>
        <identifiers>
          <isin value="US525950AA95"/>
          <other otherDesc="Inhouse Asset ID" value="525950AA9"/>
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        <balance>1593852.76580000</balance>
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        <curCd>USD</curCd>
        <valUSD>1593042.93000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.19000000</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>NRG Energy, Inc.</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
        <title>NRG Energy, Inc.</title>
        <cusip>629377CP5</cusip>
        <identifiers>
          <isin value="US629377CP59"/>
          <other otherDesc="Inhouse Asset ID" value="629377CP5"/>
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        <balance>2395000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2307020.15000000</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>2027-12-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.45000000</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>Terex Corp.</name>
        <lei>YAWJZJYEQ7M1SYMOS462</lei>
        <title>Terex Corp.</title>
        <cusip>880779BA0</cusip>
        <identifiers>
          <isin value="US880779BA01"/>
          <other otherDesc="Inhouse Asset ID" value="880779BA0"/>
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        <balance>169000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>166499.76000000</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>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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>DBSG Mortgage Trust</name>
        <lei>N/A</lei>
        <title>DBSG Mortgage Trust, Series 2024-ALTA, Class A</title>
        <cusip>239918AA3</cusip>
        <identifiers>
          <isin value="US239918AA37"/>
          <other otherDesc="Inhouse Asset ID" value="239918AA3"/>
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        <balance>5145000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5193163.89000000</valUSD>
        <pctVal>0.130473751102</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.94558000</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>Venture 31 CLO Ltd.</name>
        <lei>549300WIVX6V4NHW6X79</lei>
        <title>Venture 31 CLO Ltd., Series 2018-31A, Class A1</title>
        <cusip>92331VAA6</cusip>
        <identifiers>
          <isin value="US92331VAA61"/>
          <other otherDesc="Inhouse Asset ID" value="92331VAA6"/>
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        <balance>270984.53150000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>270984.94000000</valUSD>
        <pctVal>0.006808262239</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.95924120</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>Mill City Solar Loan Ltd.</name>
        <lei>N/A</lei>
        <title>Mill City Solar Loan Ltd., Series 2019-2GS, Class A</title>
        <cusip>59982VAA7</cusip>
        <identifiers>
          <isin value="US59982VAA70"/>
          <other otherDesc="Inhouse Asset ID" value="59982VAA7"/>
        </identifiers>
        <balance>5977246.15650000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5409540.47000000</valUSD>
        <pctVal>0.135910025528</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-07-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.69000000</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>Elmwood CLO IV Ltd.</name>
        <lei>N/A</lei>
        <title>Elmwood CLO IV Ltd., Series 2020-1A, Class BR</title>
        <cusip>29002GAN1</cusip>
        <identifiers>
          <isin value="US29002GAN16"/>
          <other otherDesc="Inhouse Asset ID" value="29002GAN1"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1000000.00000000</valUSD>
        <pctVal>0.025124135087</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-04-18</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.51763000</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>Mosaic Solar Loan Trust</name>
        <lei>N/A</lei>
        <title>Mosaic Solar Loan Trust, Series 2021-1A, Class B</title>
        <cusip>61947DAB5</cusip>
        <identifiers>
          <isin value="US61947DAB55"/>
          <other otherDesc="Inhouse Asset ID" value="61947DAB5"/>
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        <balance>414011.17000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>323583.26000000</valUSD>
        <pctVal>0.008129749536</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-12-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.05000000</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>Elstree Funding</name>
        <lei>N/A</lei>
        <title>Elstree Funding, Series 251-1ST, Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2988690470"/>
          <other otherDesc="Inhouse Asset ID" value="Z96XW8VW9"/>
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        <balance>1187940.84000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.75551526"/>
        <valUSD>1570061.28000000</valUSD>
        <pctVal>0.039446431693</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-01-21</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.45044865</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>Deutsche Bank AG</name>
        <lei>7LTWFZYICNSX8D621K86</lei>
        <title>Deutsche Bank AG</title>
        <cusip>25160PAQ0</cusip>
        <identifiers>
          <isin value="US25160PAQ00"/>
          <other otherDesc="Inhouse Asset ID" value="25160PAQ0"/>
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        <balance>6177000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6248136.43000000</valUSD>
        <pctVal>0.156979023710</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.37300000</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>Garda World Security Corp.</name>
        <lei>549300ZF1NDXLMCHNO20</lei>
        <title>Garda World Security Corp.</title>
        <cusip>36485MAM1</cusip>
        <identifiers>
          <isin value="US36485MAM10"/>
          <other otherDesc="Inhouse Asset ID" value="36485MAM1"/>
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        <balance>2007000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2041654.87000000</valUSD>
        <pctVal>0.051294812755</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75000000</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>XPLR Infrastructure Operating Partners LP</name>
        <lei>549300KJEC5IUVJWR786</lei>
        <title>XPLR Infrastructure Operating Partners LP</title>
        <cusip>98379YAA0</cusip>
        <identifiers>
          <isin value="US98379YAA01"/>
          <other otherDesc="Inhouse Asset ID" value="98379YAA0"/>
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        <balance>69000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>71259.89000000</valUSD>
        <pctVal>0.001790343102</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75000000</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>Residential Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>Residential Mortgage Loan Trust, Series 2019-3, Class M1</title>
        <cusip>76119NAD9</cusip>
        <identifiers>
          <isin value="US76119NAD93"/>
          <other otherDesc="Inhouse Asset ID" value="76119NAD9"/>
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        <balance>1508739.01000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1498711.93000000</valUSD>
        <pctVal>0.037653840986</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-09-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.25699920</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>PRKCM Trust</name>
        <lei>N/A</lei>
        <title>PRKCM Trust, Series 2023-AFC1, Class A1</title>
        <cusip>693981AA0</cusip>
        <identifiers>
          <isin value="US693981AA03"/>
          <other otherDesc="Inhouse Asset ID" value="693981AA0"/>
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        <balance>1953432.43050000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1947756.54000000</valUSD>
        <pctVal>0.048935698427</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.59800080</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>Federal Home Loan Mortgage Corp.</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Federal Home Loan Mortgage Corp., Series 5000, Class MA</title>
        <cusip>3137FVGA4</cusip>
        <identifiers>
          <isin value="US3137FVGA40"/>
          <other otherDesc="Inhouse Asset ID" value="3137FVGA4"/>
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        <balance>2307954.68660000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2168353.66000000</valUSD>
        <pctVal>0.054478010270</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-06-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</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>TAGUS-Sociedade de Titularizacao de Creditos SA</name>
        <lei>N/A</lei>
        <title>TAGUS - Sociedade de Titularizacao de Creditos SA, Series 2, Class B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PTTGUPOM0032"/>
          <other otherDesc="Inhouse Asset ID" value="BYD8YXJN4"/>
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        <balance>69922.42000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86516416"/>
        <valUSD>81221.98000000</valUSD>
        <pctVal>0.002040631997</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-10-27</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.74699880</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>BX Trust</name>
        <lei>N/A</lei>
        <title>BX Trust, Series 2025-LUNR, Class A</title>
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          <isin value="US05594CAA27"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Arsenal AIC Parent LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BX Commercial Mortgage Trust</name>
        <lei>N/A</lei>
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          <isin value="US12433CAC91"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>EQT Corp.</name>
        <lei>4NT01YGM4X7ZX86ISY52</lei>
        <title>EQT Corp.</title>
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          <isin value="US26884LBB45"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Rogers Communications, Inc.</name>
        <lei>5493000M6Z4XFIP6PF03</lei>
        <title>Rogers Communications, Inc.</title>
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          <isin value="US775109BF74"/>
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        <balance>1710000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.90000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Latitude Australia Credit Card Master Trust</name>
        <lei>N/A</lei>
        <title>Latitude Australia Credit Card Master Trust, Series 2025-1, Class B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3FN0099214"/>
          <other otherDesc="Inhouse Asset ID" value="BYDLQYV57"/>
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        <balance>500000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-11-23</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.45000115</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Wells Fargo Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Wells Fargo Commercial Mortgage Trust, Series 2025-VTT, Class A</title>
        <cusip>94990GAA7</cusip>
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          <isin value="US94990GAA76"/>
          <other otherDesc="Inhouse Asset ID" value="94990GAA7"/>
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        <balance>2897000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2896224.18000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-03-15</maturityDt>
          <couponKind>Variable</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Auto ABS Italian Stella Loans SRL</name>
        <lei>N/A</lei>
        <title>Auto ABS Italian Stella Loans SRL, Series 2024-1, Class D</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005597486"/>
          <other otherDesc="Inhouse Asset ID" value="BYD3M8YW6"/>
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        <balance>65696.52000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-12-29</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.20699960</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OAK NO 5 plc</name>
        <lei>635400KCZVFC2R7EDJ73</lei>
        <title>OAK NO 5 plc, Series 5, Class A</title>
        <cusip>N/A</cusip>
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          <isin value="XS2985130645"/>
          <other otherDesc="Inhouse Asset ID" value="BYDG95D76"/>
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        <balance>1078906.31000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2072-07-28</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.26125820</annualizedRt>
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      <invstOrSec>
        <name>CVR Energy, Inc.</name>
        <lei>529900SOYZIXZBTXB558</lei>
        <title>CVR Energy, Inc.</title>
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        <balance>126000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>126940.84000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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      <invstOrSec>
        <name>Kingdom of Morocco</name>
        <lei>529900F3MBW9XY5K1X07</lei>
        <title>Kingdom of Morocco</title>
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          <isin value="US617726AN49"/>
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        <balance>964000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>980098.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.95000000</annualizedRt>
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      <invstOrSec>
        <name>Valaris Ltd.</name>
        <lei>5299008BQ9IREYWBTS30</lei>
        <title>Valaris Ltd.</title>
        <cusip>91889FAC5</cusip>
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          <isin value="US91889FAC59"/>
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        <curCd>USD</curCd>
        <valUSD>180297.23000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FirstEnergy Corp.</name>
        <lei>549300SVYJS666PQJH88</lei>
        <title>FirstEnergy Corp.</title>
        <cusip>337932AL1</cusip>
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          <isin value="US337932AL12"/>
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        <balance>3070000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2842185.19000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.65000000</annualizedRt>
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      <invstOrSec>
        <name>Duke Energy Corp.</name>
        <lei>I1BZKREC126H0VB1BL91</lei>
        <title>Duke Energy Corp.</title>
        <cusip>26441CBS3</cusip>
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          <isin value="US26441CBS35"/>
          <other otherDesc="Inhouse Asset ID" value="26441CBS3"/>
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        <balance>1238000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1235824.55000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.30000000</annualizedRt>
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      <invstOrSec>
        <name>Latitude Australia Credit Card Master Trust</name>
        <lei>N/A</lei>
        <title>Latitude Australia Credit Card Master Trust, Series 2026-1, Class D</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3FN0107967"/>
          <other otherDesc="Inhouse Asset ID" value="BYJ1KVBK6"/>
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        <balance>500000.00000000</balance>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-09-22</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>TAGUS-Sociedade de Titularizacao de Creditos SA</name>
        <lei>N/A</lei>
        <title>TAGUS - Sociedade de Titularizacao de Creditos SA, Series 3, Class B</title>
        <cusip>N/A</cusip>
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          <isin value="PTTUSLOM0008"/>
          <other otherDesc="Inhouse Asset ID" value="Z979AZ5B0"/>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-10-27</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.34699920</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>U.S. Treasury 10-Year Note</title>
        <cusip>N/A</cusip>
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          <other otherDesc="Inhouse Asset ID" value="TYM620261"/>
          <other otherDesc="Future Ticker" value="TYM6 Comdty"/>
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        <balance>-951.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2102673.33000000</valUSD>
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        <assetCat>DIR</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <name>Tikehau US CLO IV Ltd.</name>
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        <name>GoodLeap Home Improvement Solutions Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>London Cards No. 2 plc</name>
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      <invstOrSec>
        <name>Philip Morris International, Inc.</name>
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      <invstOrSec>
        <name>EMRLD Borrower LP</name>
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      <invstOrSec>
        <name>HCA, Inc.</name>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>WR Grace Holdings LLC</name>
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        <title>WR Grace Holdings LLC</title>
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          <isin value="US92943GAA94"/>
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        <balance>955000.00000000</balance>
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        <curCd>USD</curCd>
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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>Velocity Commercial Capital Loan Trust</name>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>Golden Ray SA-Compartment 1</name>
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        <title>Golden Ray SA Compartment 1, Series 1, Class A2</title>
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          <isin value="XS2915434307"/>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Polaris plc</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
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        <name>Fantasia Holdings Group Co. Ltd.</name>
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        <invCountry>KY</invCountry>

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        <name>London Bridge Mortgages plc</name>
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        <name>Permian Resources Operating LLC</name>
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        <name>Glencore Funding LLC</name>
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        <name>Santander Mortgage Asset Receivable Trust</name>
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        <title>Santander Mortgage Asset Receivable Trust, Series 2026-NQM1, Class A1</title>
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        <name>Altria Group, Inc.</name>
        <lei>XSGZFLO9YTNO9VCQV219</lei>
        <title>Altria Group, Inc.</title>
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      <invstOrSec>
        <name>Hops Hill No. 4 plc</name>
        <lei>6354008RKIF9MECMNJ80</lei>
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      <invstOrSec>
        <name>Compass Datacenters Issuer III LLC</name>
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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>Federal National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LYB International Finance III LLC</name>
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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>2031-01-15</maturityDt>
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      <invstOrSec>
        <name>FS</name>
        <lei>N/A</lei>
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          <isin value="US30343YAC21"/>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Federal Home Loan Mortgage Corp. Variable Rate Notes, Series 5480, Class FA</title>
        <cusip>3137HHKD2</cusip>
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          <isin value="US3137HHKD21"/>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>OneMain Finance Corp.</name>
        <lei>5493008I795YYBFWFU90</lei>
        <title>OneMain Finance Corp.</title>
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          <isin value="US682691AF77"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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      <invstOrSec>
        <name>CITGO Petroleum Corp.</name>
        <lei>YX52P86PXMLYDOTUQ225</lei>
        <title>CITGO Petroleum Corp.</title>
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          <isin value="US17302XAN66"/>
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        <balance>335000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>345949.14000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Hermitage plc</name>
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        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <name>TAGUS - Sociedade de Titularizacao de Creditos SA</name>
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        <title>TAGUS - Sociedade de Titularizacao de Creditos SA, Series 6, Class B</title>
        <cusip>N/A</cusip>
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          <isin value="PTTUSEOM0007"/>
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        <invCountry>PT</invCountry>
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      <invstOrSec>
        <name>Carvana Co.</name>
        <lei>5493003WEAK2PJ5WS063</lei>
        <title>Carvana Co.</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Polaris plc</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <name>NewDay Funding</name>
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        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>GS Mortgage-Backed Securities Trust</name>
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        <title>GS Mortgage-Backed Securities Trust, Series 2025-PJ10, Class A27</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Triton Bond Trust in respect of</name>
        <lei>N/A</lei>
        <title>Triton Bond Trust in respect of, Series 2026-1, Class A2</title>
        <cusip>N/A</cusip>
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          <isin value="AU3FN0106860"/>
          <other otherDesc="Inhouse Asset ID" value="BYDZ45Z42"/>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-02-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Tallgrass Energy Partners LP</name>
        <lei>549300IQ3DN0F3VERF65</lei>
        <title>Tallgrass Energy Partners LP</title>
        <cusip>87470LAD3</cusip>
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          <isin value="US87470LAD38"/>
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        <balance>141000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>139807.22000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <fairValLevel>2</fairValLevel>
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        <name>BANK</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SMB Private Education Loan Trust</name>
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        <name>OHS Issuer LLC</name>
        <lei>N/A</lei>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Glencore Funding LLC</name>
        <lei>213800STG1QDNBY87K49</lei>
        <title>Glencore Funding LLC</title>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Signal Peak CLO 3 Ltd.</name>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Driver Australia Ten</name>
        <lei>N/A</lei>
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          <isin value="AU3FN0090627"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-02-21</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Humana, Inc.</name>
        <lei>529900YLDW34GJAO4J06</lei>
        <title>Humana, Inc.</title>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.70000000</annualizedRt>
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      <invstOrSec>
        <name>Vantage Data Centers Issuer LLC</name>
        <lei>N/A</lei>
        <title>Vantage Data Centers Issuer LLC, Series 2025-2A, Class A2</title>
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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>Opal Bidco SAS</name>
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        <title>Opal Bidco SAS</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Seagate Data Storage Technology Pte. Ltd.</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-15</maturityDt>
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      <invstOrSec>
        <name>Navient Private Education Refi Loan Trust</name>
        <lei>N/A</lei>
        <title>Navient Private Education Refi Loan Trust, Series 2019-CA, Class A2</title>
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          <isin value="US63940YAB20"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Garnet CLO 2 Ltd.</name>
        <lei>N/A</lei>
        <title>Garnet CLO 2 Ltd., Series 2025-2A, Class A</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Sabine Pass Liquefaction LLC</name>
        <lei>549300KJYBG7C6WJYZ11</lei>
        <title>Sabine Pass Liquefaction LLC</title>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.20000000</annualizedRt>
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      <invstOrSec>
        <name>Altria Group, Inc.</name>
        <lei>XSGZFLO9YTNO9VCQV219</lei>
        <title>Altria Group, Inc.</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-16</maturityDt>
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      <invstOrSec>
        <name>Bbva Consumer Fondo de Titulizacion</name>
        <lei>9598008ZNM97MVXBD120</lei>
        <title>Bbva Consumer Fondo de Titulizacion, Series 2026-1, Class F</title>
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          <isin value="ES0306017056"/>
          <other otherDesc="Inhouse Asset ID" value="Z97FX2NM0"/>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-05-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.11100080</annualizedRt>
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      <invstOrSec>
        <name>Towd Point Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Towd Point Mortgage Trust, Series 2020-4, Class A1</title>
        <cusip>89179JAA4</cusip>
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        <name>Federal National Mortgage Association</name>
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        <name>Caesars Entertainment, Inc.</name>
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        <name>Moog, Inc.</name>
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        <name>Yuan Renminbi</name>
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        <name>Navient Private Education Refi Loan Trust</name>
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        <name>L3Harris Technologies, Inc.</name>
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        <name>Newday Funding Master Issuer plc-</name>
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        <name>IQVIA, Inc.</name>
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        <name>Benchmark Mortgage Trust</name>
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        <name>Vista Point Securitization Trust</name>
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        <name>CSMC Trust</name>
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      <invstOrSec>
        <name>Freedom Mortgage Holdings LLC</name>
        <lei>254900ROJ91RGM43S156</lei>
        <title>Freedom Mortgage Holdings LLC</title>
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      <invstOrSec>
        <name>Chemours Co. (The)</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FMC Corp.</name>
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        <title>FMC Corp.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Vail Resorts, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CompoSecure Holdings LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Focus Financial Partners LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Yen</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Comstock Resources, Inc.</name>
        <lei>I03QQGEA4SS774AURI46</lei>
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      <invstOrSec>
        <name>Chase Home Lending Mortgage Trust</name>
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      <invstOrSec>
        <name>Towd Point Mortgage Trust</name>
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      <invstOrSec>
        <name>IQVIA, Inc.</name>
        <lei>549300PLWY28YB00C717</lei>
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      <invstOrSec>
        <name>Hermitage plc</name>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
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      <invstOrSec>
        <name>Targa Resources Partners LP</name>
        <lei>6OQWTZ1SPC04IFT4T704</lei>
        <title>Targa Resources Partners LP</title>
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        <name>Citibank NA</name>
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        <title>Citibank NA</title>
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      <invstOrSec>
        <name>Exmoor Funding plc</name>
        <lei>635400TJWGCUUIZAGH30</lei>
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        <name>TAGUS-Sociedade de Titularizacao de Creditos SA</name>
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      <invstOrSec>
        <name>BFLD Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>BFLD Commercial Mortgage Trust, Series 2025-660F, Class D</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>Tower Bridge Funding plc</name>
        <lei>635400XMA28GDAPK1E69</lei>
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          <isin value="XS2885224308"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Homes Trust</name>
        <lei>254900MQRASV1D1NGZ28</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Sequoia Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Sequoia Mortgage Trust, Series 2025-9, Class A26F</title>
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          <isin value="US81750BBB27"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TransDigm, Inc.</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TransDigm, Inc.</title>
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          <isin value="US893647BR70"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      <invstOrSec>
        <name>RCKT Mortgage Trust</name>
        <lei>N/A</lei>
        <title>RCKT Mortgage Trust, Series 2024-CES1, Class A1A</title>
        <cusip>749424AA5</cusip>
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          <isin value="US749424AA57"/>
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        <balance>5219540.11450000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.02499960</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SoFi Professional Loan Program LLC</name>
        <lei>N/A</lei>
        <title>SoFi Professional Loan Program LLC, Series 2019-A, Class A2FX</title>
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          <isin value="US78471HAB42"/>
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        <balance>508924.59020000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Avantor Funding, Inc.</name>
        <lei>5493003VM0XB4U8YD238</lei>
        <title>Avantor Funding, Inc.</title>
        <cusip>05352TAA7</cusip>
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          <isin value="US05352TAA79"/>
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        <balance>1684000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1643606.65000000</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>2028-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Jupiter Mortgage No. 1 plc</name>
        <lei>6354009QIELPOGEAFS09</lei>
        <title>Jupiter Mortgage No. 1 plc, Series 1X, Class DR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2737622485"/>
          <other otherDesc="Inhouse Asset ID" value="BRYU9V8L5"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-07-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.75394175</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OCP CLO Ltd.</name>
        <lei>254900MN6N176YEZLX15</lei>
        <title>OCP CLO Ltd., Series 2020-18A, Class A1R2</title>
        <cusip>671078AW3</cusip>
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          <isin value="US671078AW31"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2501098.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.03763120</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Braccan Mortgage Funding plc</name>
        <lei>2138006RXLKWX319BI66</lei>
        <title>Braccan Mortgage Funding plc, Series 2026-1X, Class D</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS3305916416"/>
          <other otherDesc="Inhouse Asset ID" value="BYJ0Q2RH6"/>
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        <balance>105000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2068-04-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.58006890</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Installed Building Products, Inc.</name>
        <lei>549300I95Y9P9YM5FI86</lei>
        <title>Installed Building Products, Inc.</title>
        <cusip>45780RAB7</cusip>
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          <isin value="US45780RAB78"/>
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        <balance>237000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>231263.65000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Rocket Cos., Inc.</name>
        <lei>N/A</lei>
        <title>Rocket Cos., Inc.</title>
        <cusip>77311WAD3</cusip>
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        <balance>27000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.12500000</annualizedRt>
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      <invstOrSec>
        <name>GE Vernova, Inc.</name>
        <lei>254900DP080RU6OK2553</lei>
        <title>GE Vernova, Inc.</title>
        <cusip>36828AAA9</cusip>
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          <isin value="US36828AAA97"/>
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        <balance>4865000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4809731.85000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-04</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Buckeye Partners LP</name>
        <lei>549300C1PQJLVEIUBK50</lei>
        <title>Buckeye Partners LP</title>
        <cusip>118230AW1</cusip>
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          <isin value="US118230AW12"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>41280.44000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Banc of America Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Banc of America Mortgage Trust, Series 2003-J, Class 2A1</title>
        <cusip>05948XYC9</cusip>
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          <isin value="US05948XYC90"/>
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        <balance>96296.71000000</balance>
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        <curCd>USD</curCd>
        <valUSD>85249.06000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.11785000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Howard Hughes Corp. (The)</name>
        <lei>549300BVHY25JZC1KI49</lei>
        <title>Howard Hughes Corp. (The)</title>
        <cusip>44267DAG2</cusip>
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          <isin value="US44267DAG25"/>
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        <balance>132000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>127021.73000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</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>Crescent Energy Finance LLC</name>
        <lei>54930061FUL6DBLFUW14</lei>
        <title>Crescent Energy Finance LLC</title>
        <cusip>516806AK2</cusip>
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          <isin value="US516806AK23"/>
          <other otherDesc="Inhouse Asset ID" value="516806AK2"/>
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        <balance>22000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AS Mileage Plan IP Ltd.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Turquoise V Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PNC Bank NA</name>
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          <isin value="US69353RFY99"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-13</maturityDt>
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      <invstOrSec>
        <name>Energy Transfer LP</name>
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        <title>Energy Transfer LP</title>
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          <isin value="US292480AL49"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>American Express Co.</name>
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        <title>American Express Co.</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-02-10</maturityDt>
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      <invstOrSec>
        <name>Finance Ireland Auto Receivables No.2 DAC</name>
        <lei>635400CQQYNH7KEIXW17</lei>
        <title>Finance Ireland Auto Receivables No.2 DAC, Series 2, Class A</title>
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          <isin value="XS3022670734"/>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>IE</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-11-14</maturityDt>
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      <invstOrSec>
        <name>Staples, Inc.</name>
        <lei>XQM2JINI1UL7642TU573</lei>
        <title>Staples, Inc.</title>
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          <isin value="US855030AQ50"/>
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        <balance>96000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AmWINS Group, Inc.</name>
        <lei>549300SJE7MUB8NMRG61</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>B&amp;G Foods, Inc.</name>
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        <name>Univision Communications, Inc.</name>
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        <name>Pacific Gas &amp; Electric Co.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-07-01</maturityDt>
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        <name>BlackRock Liquidity Funds</name>
        <lei>5493002L9DNZ83RX7V61</lei>
        <title>BlackRock Liquidity Funds, T-Fund, Institutional Class</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>PCL Funding IX plc</name>
        <lei>213800OC928ETRJNHM43</lei>
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          <isin value="XS2809169357"/>
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        <name>Canadian Dollar</name>
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        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <name>Ford Motor Credit Co. LLC</name>
        <lei>UDSQCVRUX5BONN0VY111</lei>
        <title>Ford Motor Credit Co. LLC</title>
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        <invCountry>US</invCountry>
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        <name>VICI Properties LP</name>
        <lei>254900X4QE7SGKQLLN38</lei>
        <title>VICI Properties LP</title>
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        <name>Howden UK Refinance plc</name>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Capital One Financial Corp.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Genesis Energy LP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Station Casinos LLC</name>
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        <name>United States of America</name>
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        <issuerCat>UST</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Goldman Sachs Group, Inc. (The)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Wand NewCo 3, Inc.</name>
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        <name>Blue Racer Midstream LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Morgan Stanley Private Bank NA</name>
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        <name>RCKT Mortgage Trust</name>
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        <name>Thunder Logistics DAC</name>
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        <name>Quarzo SRL</name>
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        <invCountry>IT</invCountry>
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        <name>Taurus UK DAC</name>
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        <invCountry>IE</invCountry>
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        <name>Federal National Mortgage Association</name>
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        <title>Uniform Mortgage-Backed Securities</title>
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      <invstOrSec>
        <name>Stratton Mortgage Funding plc</name>
        <lei>635400BEV82LZKPTAB28</lei>
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        <invCountry>GB</invCountry>
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      </invstOrSec>
      <invstOrSec>
        <name>J.P. Morgan Chase Commercial Mortgage Securities Trust</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>M&amp;T Equipment Notes</name>
        <lei>N/A</lei>
        <title>M&amp;T Equipment Notes, Series 2025-1A, Class A2</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Albion Financing 1 SARL</name>
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        <title>Albion Financing 1 SARL</title>
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        <invCountry>LU</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UWM Holdings LLC</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>COLT Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>COLT Mortgage Loan Trust, Series 2023-1, Class A1</title>
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          <isin value="US19688NAA63"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>RESIMAC Premier</name>
        <lei>N/A</lei>
        <title>RESIMAC Premier, Series 2024-2, Class A2</title>
        <cusip>N/A</cusip>
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          <isin value="AU3FN0091716"/>
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        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>MFA Trust</name>
        <lei>N/A</lei>
        <title>MFA Trust, Series 2023-NQM3, Class A1</title>
        <cusip>55286MAA8</cusip>
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          <isin value="US55286MAA80"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2068-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.61700160</annualizedRt>
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      <invstOrSec>
        <name>Santander Drive Auto Receivables Trust</name>
        <lei>N/A</lei>
        <title>Santander Drive Auto Receivables Trust, Series 2023-5, Class A3</title>
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          <isin value="US80286PAC59"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.02000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Teva Pharmaceutical Finance Netherlands III BV</name>
        <lei>5493004T21MOAFINJP35</lei>
        <title>Teva Pharmaceutical Finance Netherlands III BV</title>
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          <isin value="US88167AAE10"/>
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        <balance>385000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>381277.05000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NewDay Funding</name>
        <lei>N/A</lei>
        <title>Newday Funding, Series 2024-1X, Class B</title>
        <cusip>N/A</cusip>
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          <isin value="XS2768182524"/>
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        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-03-15</maturityDt>
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      <invstOrSec>
        <name>Golub Capital Partners CLO 66B Ltd.</name>
        <lei>N/A</lei>
        <title>Golub Capital Partners CLO 66B Ltd., Series 2023-66A, Class AR</title>
        <cusip>38181AAA6</cusip>
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        <invCountry>JE</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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          <isin value="US756109BF09"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>STL Holding Co. LLC</name>
        <lei>984500BC2I63E7F48656</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Oracle Corp.</name>
        <lei>1Z4GXXU7ZHVWFCD8TV52</lei>
        <title>Oracle Corp.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Community Health Systems, Inc.</name>
        <lei>5493007X5NC5XI1BB106</lei>
        <title>Community Health Systems, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HCA, Inc.</name>
        <lei>L3CJ6J7LJ2DX62FTXD46</lei>
        <title>HCA, Inc.</title>
        <cusip>404119BW8</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-01</maturityDt>
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      <invstOrSec>
        <name>Manitowoc Co., Inc. (The)</name>
        <lei>2RTSLGQ89VMY18RHX631</lei>
        <title>Manitowoc Co., Inc. (The)</title>
        <cusip>563571AN8</cusip>
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        <balance>79000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
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        <name>INCREF LLC</name>
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        <name>Allied Universal Holdco LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Hilton Domestic Operating Co., Inc.</name>
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      <invstOrSec>
        <name>AB BSL CLO 1 Ltd.</name>
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        <name>PBF Holding Co. LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>College Avenue Student Loans LLC</name>
        <lei>N/A</lei>
        <title>College Avenue Student Loans LLC, Series 2021-B, Class A1</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Venture Global Plaquemines LNG LLC</name>
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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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      <invstOrSec>
        <name>SoFi Professional Loan Program Trust</name>
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        <title>SoFi Professional Loan Program Trust, Series 2021-A, Class AFX</title>
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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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      <invstOrSec>
        <name>DirecTV Financing LLC</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>College Ave Student Loans Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Sable International Finance Ltd.</name>
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        <title>Sable International Finance Ltd.</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Versant Media Group, Inc.</name>
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        <invCountry>US</invCountry>
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        <name>American Tower Corp.</name>
        <lei>5493006ORUSIL88JOE18</lei>
        <title>American Tower Corp.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Discovery Global Holdings, Inc.</name>
        <lei>549300DXR29GD4N0A520</lei>
        <title>Discovery Global Holdings, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Stonepeak Nile Parent LLC</name>
        <lei>254900TJV3VAFZD0GU41</lei>
        <title>Stonepeak Nile Parent LLC</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Synchrony Financial</name>
        <lei>549300RS7EWPM9MA6C78</lei>
        <title>Synchrony Financial</title>
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        <balance>1345000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-02</maturityDt>
          <couponKind>Variable</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Voya Euro CLO III DAC</name>
        <lei>635400K38PBPFZARQW28</lei>
        <title>Voya Euro CLO III DAC, Series 3X, Class AR</title>
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        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LifePoint Health, Inc.</name>
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        <title>LifePoint Health, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BANK</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Sensata Technologies, Inc.</name>
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        <title>Sensata Technologies, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Navient Corp.</name>
        <lei>54930067J0ZNOEBRW338</lei>
        <title>Navient Corp.</title>
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          <isin value="US63938CAN83"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Dowson plc</name>
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          <isin value="XS2919891957"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bravo Residential Funding Trust</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Meridian Funding plc</name>
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          <isin value="XS3183182719"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>East One plc</name>
        <lei>213800PCKNACOVV1MZ66</lei>
        <title>East One plc, Series 2024-1, Class C</title>
        <cusip>N/A</cusip>
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          <isin value="XS2790098607"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Commercial Mortgage Trust, Series 2025-167G, Class A</title>
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          <isin value="US12674VAA98"/>
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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>Morgan Stanley Residential Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>Morgan Stanley Residential Mortgage Loan Trust, Series 2025-HX1, Class A1</title>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>5.96000160</annualizedRt>
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      <invstOrSec>
        <name>Wells Fargo &amp; Co.</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>Wells Fargo &amp; Co.</title>
        <cusip>95000U4A8</cusip>
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          <isin value="US95000U4A82"/>
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        <balance>9960000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9850427.65000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.07800000</annualizedRt>
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      <invstOrSec>
        <name>Affirm Asset Securitization Trust</name>
        <lei>N/A</lei>
        <title>Affirm Asset Securitization Trust, Series 2025-X1, Class A</title>
        <cusip>00834MAA1</cusip>
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          <isin value="US00834MAA18"/>
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        <balance>445743.48000000</balance>
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        <curCd>USD</curCd>
        <valUSD>446004.42000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.08000000</annualizedRt>
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      <invstOrSec>
        <name>Mohegan Tribal Gaming Authority</name>
        <lei>N/A</lei>
        <title>Mohegan Tribal Gaming Authority</title>
        <cusip>60832QAA8</cusip>
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          <other otherDesc="Inhouse Asset ID" value="60832QAA8"/>
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        <balance>189000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>193484.97000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.25000000</annualizedRt>
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      <invstOrSec>
        <name>Bank of America Corp.</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>Bank of America Corp.</title>
        <cusip>06051GHQ5</cusip>
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          <isin value="US06051GHQ55"/>
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        <balance>895000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>882685.78000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-07</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.97400000</annualizedRt>
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      <invstOrSec>
        <name>Midcap Financial Issuer Trust</name>
        <lei>N/A</lei>
        <title>Midcap Financial Issuer Trust</title>
        <cusip>59567LAA2</cusip>
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          <isin value="US59567LAA26"/>
          <other otherDesc="Inhouse Asset ID" value="59567LAA2"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>388153.64000000</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>2028-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FMC Corp.</name>
        <lei>CKDHZ2X64EEBQCSP7013</lei>
        <title>FMC Corp.</title>
        <cusip>302491AU9</cusip>
        <identifiers>
          <isin value="US302491AU91"/>
          <other otherDesc="Inhouse Asset ID" value="302491AU9"/>
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        <balance>157000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>140239.45000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-01</maturityDt>
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        <name>Federal National Mortgage Association</name>
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        <name>Uber Technologies, Inc.</name>
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        <name>GS Mortgage Securities Corp. Trust</name>
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        <name>Angel Oak Mortgage Trust</name>
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        <name>HCA, Inc.</name>
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      <invstOrSec>
        <name>Morgan Stanley Residential Mortgage Loan Trust</name>
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        <name>Atlas Funding plc</name>
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        <name>MGM Resorts International</name>
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        <name>GFL Environmental, Inc.</name>
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        <name>Fortuna Consumer Loan ABS DAC</name>
        <lei>635400WJJIABFKEPEL72</lei>
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        <invCountry>IE</invCountry>
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        <name>Duke Energy Carolinas LLC</name>
        <lei>MWIUSDMN17TCR56VW396</lei>
        <title>Duke Energy Carolinas LLC</title>
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      <invstOrSec>
        <name>Newday Funding Master Issuer plc</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Post Holdings, Inc.</name>
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        <title>Post Holdings, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Energy Transfer LP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Standard Building Solutions, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Clarivate Science Holdings Corp.</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Braccan Mortgage Funding plc</name>
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          <isin value="XS3063591187"/>
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      <invstOrSec>
        <name>SMB Private Education Loan Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Sabine Pass Liquefaction LLC</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-03-15</maturityDt>
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      <invstOrSec>
        <name>Charter Communications Operating LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Golden Bar Securitisation Srl</name>
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      <invstOrSec>
        <name>Auto1 Car Funding SARL</name>
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        <invCountry>LU</invCountry>
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        <name>RR 36 Ltd.</name>
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        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
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        <name>LT Autorahoitus V DAC</name>
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        <invCountry>IE</invCountry>
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        <name>Dutch Property Finance BV</name>
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        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>SpringCastle America Funding LLC</name>
        <lei>N/A</lei>
        <title>SpringCastle America Funding LLC, Series 2020-AA, Class A</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VRTX Trust</name>
        <lei>N/A</lei>
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          <isin value="US91835XAC11"/>
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        <balance>3109000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SoFi Personal Loan Trust</name>
        <lei>N/A</lei>
        <title>SoFi Personal Loan Trust, Series 2023-1</title>
        <cusip>N/A</cusip>
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          <other otherDesc="Inhouse Asset ID" value="78474N102"/>
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        <balance>46541.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-15</maturityDt>
          <couponKind>None</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ACRA Trust</name>
        <lei>N/A</lei>
        <title>ACRA Trust, Series 2024-NQM1, Class A1</title>
        <cusip>00112EAA2</cusip>
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          <isin value="US00112EAA29"/>
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        <balance>3146791.61000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3154753.94000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2064-10-25</maturityDt>
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      <invstOrSec>
        <name>US Acute Care Solutions LLC</name>
        <lei>N/A</lei>
        <title>US Acute Care Solutions LLC</title>
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          <isin value="US90367UAD37"/>
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        <balance>287000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Avantor Funding, Inc.</name>
        <lei>5493003VM0XB4U8YD238</lei>
        <title>Avantor Funding, Inc.</title>
        <cusip>05352TAB5</cusip>
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          <isin value="US05352TAB52"/>
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        <balance>11000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10320.12000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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      <invstOrSec>
        <name>AmeriGas Partners LP</name>
        <lei>N/A</lei>
        <title>AmeriGas Partners LP</title>
        <cusip>030981AP9</cusip>
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          <isin value="US030981AP92"/>
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        <balance>131000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Duke Energy Corp.</name>
        <lei>I1BZKREC126H0VB1BL91</lei>
        <title>Duke Energy Corp.</title>
        <cusip>26441CAS4</cusip>
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          <isin value="US26441CAS44"/>
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        <balance>7257000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7206142.94000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.65000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>3138WCWR0</cusip>
        <identifiers>
          <isin value="US3138WCWR00"/>
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        <balance>5801.02460000</balance>
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        <curCd>USD</curCd>
        <valUSD>5703.02000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Hermitage 2024 plc</name>
        <lei>635400OUUMGTAI2EJA52</lei>
        <title>Hermitage 2024 plc, Series 2024-1, Class E</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2847617078"/>
          <other otherDesc="Inhouse Asset ID" value="BYD4D1YL3"/>
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        <balance>67920.48000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.75551526"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-04-21</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.63044910</annualizedRt>
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      <invstOrSec>
        <name>PMF plc</name>
        <lei>635400CIMKRXMLBEGI82</lei>
        <title>PMF plc, Series 2024-1, Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2701158029"/>
          <other otherDesc="Inhouse Asset ID" value="BRYUR9586"/>
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        <balance>414735.36000000</balance>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2060-07-16</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Consumers Energy Co.</name>
        <lei>7NKTFWJ1G6MELP9TU740</lei>
        <title>Consumers Energy Co.</title>
        <cusip>210518DY9</cusip>
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          <isin value="US210518DY98"/>
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        <balance>3950000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Gen Digital, Inc.</name>
        <lei>YF6ZV0M6AU4FY94MK914</lei>
        <title>Gen Digital, Inc.</title>
        <cusip>668771AK4</cusip>
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          <isin value="US668771AK49"/>
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        <balance>181000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>181183.17000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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      <invstOrSec>
        <name>Santander Consumo 10 FT</name>
        <lei>N/A</lei>
        <title>Santander Consumo 10 FT, Series 10, Class C</title>
        <cusip>N/A</cusip>
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          <isin value="ES0306018039"/>
          <other otherDesc="Inhouse Asset ID" value="BYJ0Q85S3"/>
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        <balance>300000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.86516416"/>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-05-22</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.74400000</annualizedRt>
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      <invstOrSec>
        <name>Service Experts Issuer LLC</name>
        <lei>N/A</lei>
        <title>Service Experts Issuer LLC, Series 2021-1A, Class A</title>
        <cusip>81758VAA3</cusip>
        <identifiers>
          <isin value="US81758VAA35"/>
          <other otherDesc="Inhouse Asset ID" value="81758VAA3"/>
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        <balance>385357.89000000</balance>
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        <curCd>USD</curCd>
        <valUSD>379071.86000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.67000000</annualizedRt>
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      <invstOrSec>
        <name>Connect Finco SARL</name>
        <lei>2594001KNYIQ456J2792</lei>
        <title>Connect Finco SARL</title>
        <cusip>20752TAB0</cusip>
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          <isin value="US20752TAB08"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>210108.00000000</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>2029-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Cross Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Cross Mortgage Trust, Series 2026-NQM4, Class A2</title>
        <cusip>22758FAF1</cusip>
        <identifiers>
          <isin value="US22758FAF18"/>
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        <balance>3345000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3344975.92000000</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>2071-04-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.68800000</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>BSTN Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>BSTN Commercial Mortgage Trust, Series 2025-HUB, Class A</title>
        <cusip>05594GAA3</cusip>
        <identifiers>
          <isin value="US05594GAA31"/>
          <other otherDesc="Inhouse Asset ID" value="05594GAA3"/>
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        <balance>1625000.00000000</balance>
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        <curCd>USD</curCd>
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        <name>JPMorgan Chase &amp; Co.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>RR 32 Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SS&amp;C Technologies, Inc.</name>
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        <name>MLTI Trust</name>
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      <invstOrSec>
        <name>Millrose Properties, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Clarios Global LP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Directv Financing LLC</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-01</maturityDt>
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      <invstOrSec>
        <name>Churchill Downs, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TransDigm, Inc.</name>
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        <name>Qnity Electronics, Inc.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>BX Trust</name>
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      <invstOrSec>
        <name>American Tower Corp.</name>
        <lei>5493006ORUSIL88JOE18</lei>
        <title>American Tower Corp.</title>
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        <name>Amgen, Inc.</name>
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        <title>Amgen, Inc.</title>
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        <name>New Residential Mortgage Loan Trust</name>
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      <invstOrSec>
        <name>Viking Ocean Cruises Ship VII Ltd.</name>
        <lei>N/A</lei>
        <title>Viking Ocean Cruises Ship VII Ltd.</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-15</maturityDt>
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      <invstOrSec>
        <name>Resideo Funding, Inc.</name>
        <lei>5493000IFJ6XJKH66598</lei>
        <title>Resideo Funding, Inc.</title>
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          <isin value="US76119LAD38"/>
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        <curCd>USD</curCd>
        <valUSD>572445.70000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-07-15</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>CoreLogic, Inc.</name>
        <lei>54930086CD8K2UIL0516</lei>
        <title>CoreLogic, Inc.</title>
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          <isin value="US21871DAD57"/>
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        <balance>1784000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1674781.38000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Point Broadband Funding LLC</name>
        <lei>N/A</lei>
        <title>Point Broadband Funding LLC, Series 2025-1A, Class A2</title>
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          <isin value="US73052AAC53"/>
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        <balance>758000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>758557.58000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-07-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.33600000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NewDay Funding</name>
        <lei>N/A</lei>
        <title>Newday Funding, Series 2024-1X, Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2768182284"/>
          <other otherDesc="Inhouse Asset ID" value="BRYX71FR6"/>
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        <balance>534000.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.75551526"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.91310075</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Fortuna Consumer Loan ABS DAC</name>
        <lei>635400N6ZVLRSMHBQG89</lei>
        <title>Fortuna Consumer Loan ABS DAC, Series 2024-1, Class B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2746464465"/>
          <other otherDesc="Inhouse Asset ID" value="BRYUJDVZ7"/>
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        <balance>132334.83000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.86516416"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-18</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.29799960</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Nissan Motor Co. Ltd.</name>
        <lei>353800DRBDH1LUTNAY26</lei>
        <title>Nissan Motor Co. Ltd.</title>
        <cusip>654922AC7</cusip>
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          <isin value="US654922AC70"/>
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        <balance>920000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>931587.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75000000</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>Williams Cos., Inc. (The)</name>
        <lei>D71FAKCBLFS2O0RBPG08</lei>
        <title>Williams Cos., Inc. (The)</title>
        <cusip>969457CK4</cusip>
        <identifiers>
          <isin value="US969457CK40"/>
          <other otherDesc="Inhouse Asset ID" value="969457CK4"/>
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        <balance>1208000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1233402.84000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.30000000</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>BSTN Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>BSTN Commercial Mortgage Trust, Series 2025-1C, Class A</title>
        <cusip>05615EAA3</cusip>
        <identifiers>
          <isin value="US05615EAA38"/>
          <other otherDesc="Inhouse Asset ID" value="05615EAA3"/>
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        <balance>2145000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2181422.74000000</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>2044-06-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.01104880</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>NCMF Trust</name>
        <lei>N/A</lei>
        <title>NCMF Trust, Series 2025-MFS, Class E</title>
        <cusip>62887TAJ3</cusip>
        <identifiers>
          <isin value="US62887TAJ34"/>
          <other otherDesc="Inhouse Asset ID" value="62887TAJ3"/>
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        <balance>2025000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2036023.70000000</valUSD>
        <pctVal>0.051153334479</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.52900040</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>Ryder System, Inc.</name>
        <lei>ZXJ6Y2OSPZXIVGRILD15</lei>
        <title>Ryder System, Inc.</title>
        <cusip>78355HKS7</cusip>
        <identifiers>
          <isin value="US78355HKS75"/>
          <other otherDesc="Inhouse Asset ID" value="78355HKS7"/>
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        <balance>777000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>768202.05000000</valUSD>
        <pctVal>0.019300412078</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.75000000</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>WST Trust</name>
        <lei>N/A</lei>
        <title>WST Trust, Series 2026-1, Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3FN0105516"/>
          <other otherDesc="Inhouse Asset ID" value="BYDXHNLT4"/>
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        <balance>3370587.18000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.44938039"/>
        <valUSD>2316839.11000000</valUSD>
        <pctVal>0.058208578774</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-09-19</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.87819945</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>Viking Cruises Ltd.</name>
        <lei>549300IJP90T4MV2GL84</lei>
        <title>Viking Cruises Ltd.</title>
        <cusip>92676XAG2</cusip>
        <identifiers>
          <isin value="US92676XAG25"/>
          <other otherDesc="Inhouse Asset ID" value="92676XAG2"/>
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        <balance>664000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>700483.48000000</valUSD>
        <pctVal>0.017599041577</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Level 3 Financing, Inc.</name>
        <lei>254900AE5FEFIJOXWL19</lei>
        <title>Level 3 Financing, Inc.</title>
        <cusip>527298CN1</cusip>
        <identifiers>
          <isin value="US527298CN12"/>
          <other otherDesc="Inhouse Asset ID" value="527298CN1"/>
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        <balance>1466000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1500576.91000000</valUSD>
        <pctVal>0.037700696995</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FCT Noria</name>
        <lei>N/A</lei>
        <title>FCT Noria, Series 2025-1, Class D</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0014010SY5"/>
          <other otherDesc="Inhouse Asset ID" value="BYDMNBRT1"/>
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        <balance>100000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.86516416"/>
        <valUSD>115321.47000000</valUSD>
        <pctVal>0.002897352190</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.34000080</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>Axalta Coating Systems LLC</name>
        <lei>549300G80QONCHILSF69</lei>
        <title>Axalta Coating Systems LLC</title>
        <cusip>05454NAA7</cusip>
        <identifiers>
          <isin value="US05454NAA72"/>
          <other otherDesc="Inhouse Asset ID" value="05454NAA7"/>
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        <balance>666000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>661493.98000000</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>2027-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</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>Newell Brands, Inc.</name>
        <lei>549300LWGYFM1TVO1Z12</lei>
        <title>Newell Brands, Inc.</title>
        <cusip>651229BG0</cusip>
        <identifiers>
          <isin value="US651229BG06"/>
          <other otherDesc="Inhouse Asset ID" value="651229BG0"/>
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        <balance>224000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>231212.80000000</valUSD>
        <pctVal>0.005809021621</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</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>Sotheby's</name>
        <lei>N/A</lei>
        <title>Sotheby's</title>
        <cusip>83600GAA2</cusip>
        <identifiers>
          <isin value="US83600GAA22"/>
          <other otherDesc="Inhouse Asset ID" value="83600GAA2"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>187771.52000000</valUSD>
        <pctVal>0.004717597034</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Diamondback Energy, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SC Germany SA Compartment Consumer</name>
        <lei>N/A</lei>
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          <isin value="XS2903303944"/>
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        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-05-14</maturityDt>
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      <invstOrSec>
        <name>BBCMS Mortgage Trust</name>
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          <isin value="US05548WAA53"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
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        <title>Uniform Mortgage-Backed Securities</title>
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          <isin value="US3140F13Q39"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Concord Music Royalties LLC</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Medline Borrower LP</name>
        <lei>254900QT3R363TVK6F09</lei>
        <title>Medline Borrower LP</title>
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          <isin value="US58506DAA63"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Goldman Sachs Group, Inc. (The)</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-10-21</maturityDt>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
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          <isin value="US3140EY3T60"/>
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        <balance>359925.76500000</balance>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>United States of America</name>
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        <title>U.S. Treasury Notes</title>
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          <isin value="US91282CLS88"/>
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        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Autonoria Spain</name>
        <lei>959800PAVFGQ48YNAE06</lei>
        <title>AutoNoria Spain FT, Series 2021-SP, Class C</title>
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          <isin value="ES0305565022"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-01-31</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>Philip Morris International, Inc.</name>
        <lei>HL3H1H2BGXWVG3BSWR90</lei>
        <title>Philip Morris International, Inc.</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Archrock Services LP</name>
        <lei>N/A</lei>
        <title>Archrock Services LP</title>
        <cusip>03958CAA7</cusip>
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          <isin value="US03958CAA71"/>
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        <curCd>USD</curCd>
        <valUSD>324740.68000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <name>Wynn Macau Ltd.</name>
        <lei>254900NMDQ8ENTHU1I31</lei>
        <title>Wynn Macau Ltd.</title>
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          <isin value="US98313RAE62"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>31418CED2</cusip>
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          <isin value="US31418CED20"/>
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        <balance>6506.40420000</balance>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2031-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>Turquoise V Trust</name>
        <lei>N/A</lei>
        <title>Turquoise V Trust, Series 2026-1, Class C</title>
        <cusip>N/A</cusip>
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          <isin value="AU3FN0106589"/>
          <other otherDesc="Inhouse Asset ID" value="BYDXZUTS2"/>
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        <balance>500000.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.44938039"/>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2067-06-12</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.55000020</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>FTAI Aviation Investors LLC</name>
        <lei>529900E7PUVK6BC8PE80</lei>
        <title>FTAI Aviation Investors LLC</title>
        <cusip>34960PAE1</cusip>
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          <isin value="US34960PAE16"/>
          <other otherDesc="Inhouse Asset ID" value="34960PAE1"/>
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        <balance>765000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>798809.18000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.87500000</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>Ardagh Metal Packaging Finance USA LLC</name>
        <lei>635400YUJMWFYRBL5293</lei>
        <title>Ardagh Metal Packaging Finance USA LLC</title>
        <cusip>03969YAB4</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Cedar Funding XI CLO Ltd.</name>
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      <invstOrSec>
        <name>VEGAS Trust</name>
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        <name>ELM Trust</name>
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      <invstOrSec>
        <name>Pavillion Consumer plc</name>
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          <isin value="XS3185376236"/>
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        <name>Broadcom, Inc.</name>
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        <title>Broadcom, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Golden Bar Securitisation SRL</name>
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          <isin value="IT0005652174"/>
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        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Asset-Backed European Securitisation Transaction Twenty-Three SARL</name>
        <lei>213800WQKYRCMTF4FR47</lei>
        <title>Asset-Backed European Securitisation Transaction Twenty-Three SARL, Series 23, Class C</title>
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          <isin value="XS2913150467"/>
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        <invCountry>LU</invCountry>
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      <invstOrSec>
        <name>NextEra Energy Capital Holdings, Inc.</name>
        <lei>UMI46YPGBLUE4VGNNT48</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Capstone Borrower, Inc.</name>
        <lei>254900YSP2BAI3YKIX08</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>American Tower Corp.</name>
        <lei>5493006ORUSIL88JOE18</lei>
        <title>American Tower Corp.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Darling Global Finance BV</name>
        <lei>724500R2BQXOR6YG2Y67</lei>
        <title>Darling Global Finance BV</title>
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          <isin value="XS3101876236"/>
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        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-07-15</maturityDt>
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        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-07-19</maturityDt>
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        <name>Palmer Square Loan Funding Ltd.</name>
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        <invCountry>KY</invCountry>
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        <name>Newday Funding Master Issuer plc</name>
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        <title>Newday Funding Master Issuer plc, Series 2025-1X, Class A</title>
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          <isin value="XS3031494571"/>
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        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Philip Morris International, Inc.</name>
        <lei>HL3H1H2BGXWVG3BSWR90</lei>
        <title>Philip Morris International, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-15</maturityDt>
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        <name>Zayo Group Holdings, Inc.</name>
        <lei>529900Z6OTS7RT0V0I47</lei>
        <title>Zayo Group Holdings, Inc.</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2030-03-09</maturityDt>
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          <annualizedRt>9.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sirius Logistics UK DAC</name>
        <lei>N/A</lei>
        <title>Sirius Logistics UK DAC, Series 2026-1X, Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS3269461847"/>
          <other otherDesc="Inhouse Asset ID" value="Z97E8M3E7"/>
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        <balance>1283000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-11-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.99825890</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Sunoco LP</name>
        <lei>54930001NJU8E40NQ561</lei>
        <title>Sunoco LP</title>
        <cusip>86765KAF6</cusip>
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          <isin value="US86765KAF66"/>
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        <balance>115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>114472.53000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BPR Mortgage Trust</name>
        <lei>N/A</lei>
        <title>BPR Mortgage Trust, Series 2025-ALDR, Class A</title>
        <cusip>05594EAA8</cusip>
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          <isin value="US05594EAA82"/>
          <other otherDesc="Inhouse Asset ID" value="05594EAA8"/>
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        <balance>2555000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2616539.73000000</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>2042-06-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.67200000</annualizedRt>
          <isDefault>N</isDefault>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>A&amp;D Mortgage Trust</name>
        <lei>984500L072D83D1AA637</lei>
        <title>A&amp;D Mortgage Trust, Series 2023-NQM5, Class A1</title>
        <cusip>00249XAA6</cusip>
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          <isin value="US00249XAA63"/>
          <other otherDesc="Inhouse Asset ID" value="00249XAA6"/>
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        <balance>967106.63000000</balance>
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        <curCd>USD</curCd>
        <valUSD>974483.53000000</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>2068-11-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.04900160</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>Michaels Cos., Inc. (The)</name>
        <lei>549300H9LWMBP7HYLR98</lei>
        <title>Michaels Cos., Inc. (The)</title>
        <cusip>59408QAB2</cusip>
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          <isin value="US59408QAB23"/>
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        <balance>471000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>458515.67000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</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>RHP Hotel Properties LP</name>
        <lei>549300SJMSMA2471GA96</lei>
        <title>RHP Hotel Properties LP</title>
        <cusip>749571AG0</cusip>
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          <isin value="US749571AG03"/>
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        <balance>913000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>885058.58000000</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>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</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>Eaton Corp.</name>
        <lei>0NZWDMRCE180888QQE14</lei>
        <title>Eaton Corp.</title>
        <cusip>278058DX7</cusip>
        <identifiers>
          <isin value="US278058DX76"/>
          <other otherDesc="Inhouse Asset ID" value="278058DX7"/>
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        <balance>1735000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1709897.24000000</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>2031-03-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.20000000</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>BANK</name>
        <lei>N/A</lei>
        <title>BANK, Series 2019-BN16, Class A2</title>
        <cusip>065405AB8</cusip>
        <identifiers>
          <isin value="US065405AB84"/>
          <other otherDesc="Inhouse Asset ID" value="065405AB8"/>
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        <balance>292136.29000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>290333.17000000</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>2052-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.93300000</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>RLJ Lodging Trust LP</name>
        <lei>549300RX5I8Z6I6LDZ74</lei>
        <title>RLJ Lodging Trust LP</title>
        <cusip>74965LAA9</cusip>
        <identifiers>
          <isin value="US74965LAA98"/>
          <other otherDesc="Inhouse Asset ID" value="74965LAA9"/>
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        <balance>192000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>191063.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</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>Hill FL</name>
        <lei>7245006MK9ZZTYTYIQ03</lei>
        <title>Hill FL BV, Series 2024-1FL, Class C</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2744968434"/>
          <other otherDesc="Inhouse Asset ID" value="BRYUGL359"/>
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        <balance>59709.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86516416"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-18</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.00799880</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Iron Mountain, Inc.</name>
        <lei>SQL3F6CKNNBM3SQGHX24</lei>
        <title>Iron Mountain, Inc.</title>
        <cusip>46284VAP6</cusip>
        <identifiers>
          <isin value="US46284VAP67"/>
          <other otherDesc="Inhouse Asset ID" value="46284VAP6"/>
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        <balance>1431000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1458490.94000000</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>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</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>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>3140H5BM2</cusip>
        <identifiers>
          <isin value="US3140H5BM25"/>
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        <balance>22664.78070000</balance>
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        <curCd>USD</curCd>
        <valUSD>22023.00000000</valUSD>
        <pctVal>0.000553308827</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>XHR LP</name>
        <lei>549300M88BPT83ZL2164</lei>
        <title>XHR LP</title>
        <cusip>98372MAE5</cusip>
        <identifiers>
          <isin value="US98372MAE57"/>
          <other otherDesc="Inhouse Asset ID" value="98372MAE5"/>
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        <balance>64000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>64614.72000000</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>2030-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</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>PRET Trust</name>
        <lei>N/A</lei>
        <title>PRET Trust, Series 2025-RPL2, Class A1</title>
        <cusip>69392LAA2</cusip>
        <identifiers>
          <isin value="US69392LAA26"/>
          <other otherDesc="Inhouse Asset ID" value="69392LAA2"/>
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        <balance>748603.18000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>726190.00000000</valUSD>
        <pctVal>0.018244895658</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2064-08-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.99999960</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>Navient Private Education Loan Trust</name>
        <lei>N/A</lei>
        <title>Navient Private Education Loan Trust, Series 2020-A, Class A2B</title>
        <cusip>63941FAC0</cusip>
        <identifiers>
          <isin value="US63941FAC05"/>
          <other otherDesc="Inhouse Asset ID" value="63941FAC0"/>
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        <balance>439005.37000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>438054.62000000</valUSD>
        <pctVal>0.011005743448</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2068-11-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.68699120</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>Lagarino European Loan Conduit No. 40 DAC</name>
        <lei>984500F6BB6D4DUA7796</lei>
        <title>Lagarino European Loan Conduit No. 40 DAC, Series 40X, Class C</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS3121136603"/>
          <other otherDesc="Inhouse Asset ID" value="BYDMXZFW3"/>
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        <balance>418496.01000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86516416"/>
        <valUSD>481657.00000000</valUSD>
        <pctVal>0.012101215533</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-22</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.75800120</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>EOG Resources, Inc.</name>
        <lei>XWTZDRYZPBUHIQBKDB46</lei>
        <title>EOG Resources, Inc.</title>
        <cusip>26875PBB6</cusip>
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      <invstOrSec>
        <name>Morgan Stanley Capital I Trust</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Velocity Commercial Capital Loan Trust</name>
        <lei>N/A</lei>
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          <isin value="US92258WAA36"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Flagstar Mortgage Trust</name>
        <lei>N/A</lei>
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          <isin value="US33851HAD52"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Chase Home Lending Mortgage Trust</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Nelnet Student Loan Trust</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Finsbury Square plc</name>
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          <isin value="XS2400370685"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>T-Mobile USA, Inc.</name>
        <lei>549300V2JRLO5DIFGE82</lei>
        <title>T-Mobile USA, Inc.</title>
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          <isin value="US87264ACA16"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>OAK-Eagle Acquireco, Inc.</name>
        <lei>6488ICS9P20290MA1H31</lei>
        <title>OAK-Eagle Acquireco, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Federal Farm Credit Banks</name>
        <lei>254900C5LP6DN9OP9V83</lei>
        <title>Federal Farm Credit Bank Bonds</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ATI, Inc.</name>
        <lei>ZW1LRE7C3H17O2ZN9B45</lei>
        <title>ATI, Inc.</title>
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      <invstOrSec>
        <name>London Cards No. 2 plc</name>
        <lei>635400SWIULSFYESTP47</lei>
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        <invCountry>GB</invCountry>
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        <name>Cassia SRL</name>
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        <invCountry>IT</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>NCMF Trust</name>
        <lei>N/A</lei>
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          <isin value="US62887TAA25"/>
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        <name>Noria DE</name>
        <lei>9695003DRUTU793B4N34</lei>
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        <invCountry>FR</invCountry>
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      <invstOrSec>
        <name>Star Parent, Inc.</name>
        <lei>254900GRGCJYRMDRWT73</lei>
        <title>Star Parent, Inc.</title>
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      <invstOrSec>
        <name>Chase Home Lending Mortgage Trust</name>
        <lei>529900HBZNCZRSLIS225</lei>
        <title>Chase Home Lending Mortgage Trust, Series 2025-3, Class A11</title>
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        <balance>4205464.62000000</balance>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>FirstEnergy Corp.</name>
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      <invstOrSec>
        <name>Nelnet Student Loan Trust</name>
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      <invstOrSec>
        <name>Weekley Homes LLC</name>
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        <name>Kingdom of Morocco</name>
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        <invCountry>MA</invCountry>
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      <invstOrSec>
        <name>Sofi Consumer Loan Program Trust</name>
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      <invstOrSec>
        <name>Iliad Holding SAS</name>
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        <invCountry>FR</invCountry>
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      <invstOrSec>
        <name>Matador Resources Co.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Somnigroup International, Inc.</name>
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        <name>Lithia Motors, Inc.</name>
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        <name>United Airlines Holdings, Inc.</name>
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        <name>Sequoia Mortgage Trust</name>
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        <title>Sequoia Mortgage Trust, Series 2024-HYB1, Class A1A</title>
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        <name>Federal National Mortgage Association</name>
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        <title>Uniform Mortgage-Backed Securities</title>
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      <invstOrSec>
        <name>NY Commercial Mortgage Trust</name>
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      <invstOrSec>
        <name>Fairstone Financial Issuance Trust I</name>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <name>GLP Capital LP</name>
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        <title>GLP Capital LP</title>
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      <invstOrSec>
        <name>Archrock Partners LP</name>
        <lei>549300YFKOM2XNCKQU76</lei>
        <title>Archrock Partners LP</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>SBA Communications Corp.</name>
        <lei>5299001HX8ZN8Y8QIT49</lei>
        <title>SBA Communications Corp.</title>
        <cusip>78410GAG9</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>KeHE Distributors LLC</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Provident Funding Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Provident Funding Mortgage Trust, Series 2021-INV2, Class 1A3</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>2.49999840</annualizedRt>
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      <invstOrSec>
        <name>Genmab A/S</name>
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        <title>Genmab A/S</title>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>LCM Investments Holdings II LLC</name>
        <lei>549300P5V78NNQTG4428</lei>
        <title>LCM Investments Holdings II LLC</title>
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        <balance>806000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DK Trust</name>
        <lei>N/A</lei>
        <title>DK Trust, Series 2025-LXP, Class A</title>
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          <isin value="US23292LAA08"/>
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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>2037-08-15</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Ellucian Holdings, Inc.</name>
        <lei>549300RP8NIJ7FY7OS79</lei>
        <title>Ellucian Holdings, Inc.</title>
        <cusip>289178AA3</cusip>
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          <isin value="US289178AA37"/>
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        <balance>464000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>453218.40000000</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>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Philip Morris International, Inc.</name>
        <lei>HL3H1H2BGXWVG3BSWR90</lei>
        <title>Philip Morris International, Inc.</title>
        <cusip>718172DT3</cusip>
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          <isin value="US718172DT37"/>
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        <balance>3762000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3741899.14000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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      <invstOrSec>
        <name>J.P. Morgan Chase Commercial Mortgage Securities Trust</name>
        <lei>N/A</lei>
        <title>J.P. Morgan Chase Commercial Mortgage Securities Trust, Series 2024-IGLG, Class A</title>
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          <isin value="US46593KAA97"/>
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        <balance>2720000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2725699.76000000</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>2039-11-09</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.17407120</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Goldman Sachs Group, Inc. (The)</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
        <title>Goldman Sachs Group, Inc. (The)</title>
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          <isin value="US38141GD355"/>
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        <balance>8540000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8373694.35000000</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>2031-10-21</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.36900000</annualizedRt>
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      <invstOrSec>
        <name>RCKT Mortgage Trust</name>
        <lei>N/A</lei>
        <title>RCKT Mortgage Trust, Series 2023-CES3, Class A1A</title>
        <cusip>749407AA0</cusip>
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          <isin value="US749407AA09"/>
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        <balance>1078514.10320000</balance>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-11-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.11299880</annualizedRt>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>3138WKRR8</cusip>
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          <isin value="US3138WKRR80"/>
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        <balance>155350.35000000</balance>
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        <curCd>USD</curCd>
        <valUSD>148986.34000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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      <invstOrSec>
        <name>MAIN Trust</name>
        <lei>N/A</lei>
        <title>MAIN Trust, Series 2026-OLAS, Class F</title>
        <cusip>56036BAL9</cusip>
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          <isin value="US56036BAL99"/>
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        <balance>1130000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1129983.40000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-01-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.92251000</annualizedRt>
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      <invstOrSec>
        <name>Cipher Compute LLC</name>
        <lei>N/A</lei>
        <title>Cipher Compute LLC</title>
        <cusip>17253NAA5</cusip>
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          <isin value="US17253NAA54"/>
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        <balance>638000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>660986.50000000</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>2030-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.12500000</annualizedRt>
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      <invstOrSec>
        <name>RMIT Cash Management LLC</name>
        <lei>N/A</lei>
        <title>RMIT Cash Management LLC, Series 2021-3, Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Inhouse Asset ID" value="75907WAA3"/>
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        <balance>4470000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4391775.00000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2033-10-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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      <invstOrSec>
        <name>Deutsche Bank AG</name>
        <lei>7LTWFZYICNSX8D621K86</lei>
        <title>Deutsche Bank AG</title>
        <cusip>251526CU1</cusip>
        <identifiers>
          <isin value="US251526CU14"/>
          <other otherDesc="Inhouse Asset ID" value="251526CU1"/>
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        <balance>699000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>733927.56000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.81900000</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>ARES Trust</name>
        <lei>N/A</lei>
        <title>ARES Trust, Series 2025-IND3, Class A</title>
        <cusip>039955AA7</cusip>
        <identifiers>
          <isin value="US039955AA76"/>
          <other otherDesc="Inhouse Asset ID" value="039955AA7"/>
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        <balance>2867000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2867000.00000000</valUSD>
        <pctVal>0.072030895295</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-04-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.17250880</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>Starwood Property Trust, Inc.</name>
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        <title>Starwood Property Trust, Inc.</title>
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      <invstOrSec>
        <name>East One plc</name>
        <lei>213800PCKNACOVV1MZ66</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Clear Channel Outdoor Holdings, Inc.</name>
        <lei>254900XBEE6V1ENYS150</lei>
        <title>Clear Channel Outdoor Holdings, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FMC Corp.</name>
        <lei>CKDHZ2X64EEBQCSP7013</lei>
        <title>FMC Corp.</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-10-01</maturityDt>
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      <invstOrSec>
        <name>Edenbrook Mortgage Funding plc</name>
        <lei>635400URO7UOS6PWLH17</lei>
        <title>Edenbrook Mortgage Funding plc, Series 2024-1, Class D</title>
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          <isin value="XS2843264743"/>
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        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Vantage Data Centers Germany Borrower Lux SARL</name>
        <lei>2549008VW14T3IH21H24</lei>
        <title>Vantage Data Centers Germany Borrower Lux SARL, Series 2025-1X, Class A2</title>
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          <isin value="XS3039164580"/>
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        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WESCO Distribution, Inc.</name>
        <lei>549300I2CEZJG9N4AH67</lei>
        <title>WESCO Distribution, Inc.</title>
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          <isin value="US95081QAU85"/>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Nabors Industries, Inc.</name>
        <lei>549300VFQWRKICUFNU92</lei>
        <title>Nabors Industries, Inc.</title>
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          <isin value="US62957HAR66"/>
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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>Rakuten Group, Inc.</name>
        <lei>529900IMXUCQKUL1H943</lei>
        <title>Rakuten Group, Inc.</title>
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        <balance>400000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Arcosa, Inc.</name>
        <lei>549300WFHLTCZV7D6V29</lei>
        <title>Arcosa, Inc.</title>
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          <isin value="US039653AA89"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Duke Energy Carolinas LLC</name>
        <lei>MWIUSDMN17TCR56VW396</lei>
        <title>Duke Energy Carolinas LLC</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Outfront Media Capital LLC</name>
        <lei>5493005WC7J0FDMW0610</lei>
        <title>Outfront Media Capital LLC</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FIGRE Trust</name>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Ajax Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>Ajax Mortgage Loan Trust, Series 2021-C, Class A</title>
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          <isin value="US009733AA45"/>
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        <name>Enbridge, Inc.</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
        <title>Enbridge, Inc.</title>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Energy Transfer LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>Energy Transfer LP</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Wynn Macau Ltd.</name>
        <lei>254900NMDQ8ENTHU1I31</lei>
        <title>Wynn Macau Ltd.</title>
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        <balance>1630000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>Foundation Finance Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SV RNO Property Owner 1 LLC</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Aethon United BR LP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Brand Industrial Services, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MAC Trust</name>
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          <isin value="US553918AA15"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>College Avenue Student Loans LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Tallgrass Energy Partners LP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Brookfield Residential Properties, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BlueMountain CLO Ltd.</name>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>KBR, Inc.</name>
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        <title>KBR, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Post CLO Ltd.</name>
        <lei>N/A</lei>
        <title>Post CLO Ltd., Series 2021-1A, Class BR</title>
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          <isin value="US73742FAL04"/>
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        <balance>3000000.00000000</balance>
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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>SC Germany SA Compartment Consumer</name>
        <lei>N/A</lei>
        <title>SC Germany SA Compartment Consumer, Series 2024-2, Class C</title>
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          <isin value="XS2903303860"/>
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        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <name>Bausch Health Cos., Inc.</name>
        <lei>B3BS7ACMDUWISF18KY76</lei>
        <title>Bausch Health Cos., Inc.</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Alliant Holdings Intermediate LLC</name>
        <lei>N/A</lei>
        <title>Alliant Holdings Intermediate LLC</title>
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        <balance>1508000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>J.P. Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>J.P. Morgan Mortgage Trust, Series 2023-DSC1, Class A1</title>
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        <balance>3752115.08000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3649239.59000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2063-07-25</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Cheniere Energy Partners LP</name>
        <lei>5493005UEC8AZ34LDV29</lei>
        <title>Cheniere Energy Partners LP</title>
        <cusip>16411QAG6</cusip>
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          <isin value="US16411QAG64"/>
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        <name>RTX Corp.</name>
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        <name>GS Mortgage Securities Corp. Trust</name>
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        <name>Merlin Entertainments Group US Holdings, Inc.</name>
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      <invstOrSec>
        <name>Cardiff Auto Receivables Securitisation plc</name>
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        <name>Ardagh Metal Packaging Finance USA LLC</name>
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        <name>Organon &amp; Co.</name>
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        <name>Dowson plc</name>
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        <name>Dryden 43 Senior Loan Fund</name>
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        <invCountry>KY</invCountry>
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        <name>FTAI Aviation Investors LLC</name>
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        <name>Nissan Motor Co. Ltd.</name>
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        <name>CCO Holdings LLC</name>
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        <name>Venture Global LNG, Inc.</name>
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        <title>Venture Global LNG, Inc.</title>
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        <name>EQT Corp.</name>
        <lei>4NT01YGM4X7ZX86ISY52</lei>
        <title>EQT Corp.</title>
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        <invCountry>US</invCountry>
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        <name>Autonoria Spain</name>
        <lei>959800PAVFGQ48YNAE06</lei>
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        <invCountry>ES</invCountry>
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      <invstOrSec>
        <name>Dryden 64 CLO Ltd.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Boeing Co. (The)</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Antero Midstream Partners LP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Starwood Property Trust, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>OneMain Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>HCA, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UK Logistics DAC</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>PRPM Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Great Canadian Gaming Corp.</name>
        <lei>549300FU60SSFLTE0M84</lei>
        <title>Great Canadian Gaming Corp.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>BX Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>EMRLD Borrower LP</name>
        <lei>5493000GJYE7GAQCUC61</lei>
        <title>EMRLD Borrower LP</title>
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        <fairValLevel>2</fairValLevel>
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        <name>FirstEnergy Pennsylvania Electric Co.</name>
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        <name>Verus Securitization Trust</name>
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        <invCountry>US</invCountry>
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        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <name>Goldman Sachs Group, Inc. (The)</name>
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        <title>Goldman Sachs Group, Inc. (The)</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Sixth Street CLO XX Ltd.</name>
        <lei>N/A</lei>
        <title>Sixth Street CLO XX Ltd., Series 2021-20A, Class BR</title>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Stratton Mortgage Funding plc</name>
        <lei>635400BEV82LZKPTAB28</lei>
        <title>Stratton Mortgage Funding plc, Series 2024-2X, Class C</title>
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        <fairValLevel>2</fairValLevel>
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        <name>PG&amp;E Corp.</name>
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        <name>Live Nation Entertainment, Inc.</name>
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        <name>Bank of America Corp.</name>
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      <invstOrSec>
        <name>Esab Corp.</name>
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        <name>1011778 BC ULC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BMO Mortgage Trust</name>
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        <name>Goldman Sachs Group, Inc. (The)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Australian Dollar</name>
        <lei>N/A</lei>
        <title>Australian Dollar</title>
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        <name>JPMorgan Chase &amp; Co.</name>
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        <name>BRAVO Residential Funding Trust</name>
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        <name>Oceaneering International, Inc.</name>
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                <indexName>Markit CDX North American High Yield Index Series 46-V1</indexName>
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        <name>Vantage Data Centers Jersey Borrower Spv Ltd.</name>
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      <invstOrSec>
        <name>OHA Credit Funding 7 Ltd.</name>
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        <name>National RMBS Trust</name>
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        <name>MortgageIT Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Seagate Data Storage Technology Pte. Ltd.</name>
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        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>American Tower Corp.</name>
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        <title>American Tower Corp.</title>
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        <name>Starwood Property Trust, Inc.</name>
        <lei>BUGSFQZERKRBFWIG5267</lei>
        <title>Starwood Property Trust, Inc.</title>
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        <name>Vistra Operations Co. LLC</name>
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        <name>PFS Financing Corp.</name>
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        <name>BFLD Trust</name>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <name>Matador Resources Co.</name>
        <lei>549300CI3Q2UUK5R4G79</lei>
        <title>Matador Resources Co.</title>
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        <invCountry>US</invCountry>
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        <name>Thunder Logistics DAC</name>
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        <invCountry>IE</invCountry>
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        <name>Viper Energy Partners LLC</name>
        <lei>54930010ZZ02MRGRI973</lei>
        <title>Viper Energy Partners LLC</title>
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        <name>Antero Midstream Partners LP</name>
        <lei>N/A</lei>
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        <name>Nelnet Student Loan Trust</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Starwood Property Trust, Inc.</name>
        <lei>BUGSFQZERKRBFWIG5267</lei>
        <title>Starwood Property Trust, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Autonoria Spain</name>
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          <isin value="ES0305565030"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Twin Bridges plc</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Finsbury Square plc</name>
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          <isin value="XS2400372897"/>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Asset-Backed European Securitisation Transaction Twenty-Three SARL</name>
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          <isin value="XS2913204900"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-03-21</maturityDt>
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      <invstOrSec>
        <name>Yum! Brands, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BAT International Finance plc</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Winchester 1 plc</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Post Holdings, Inc.</name>
        <lei>JM1I5YUAURL6DC8N1468</lei>
        <title>Post Holdings, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Herc Holdings, Inc.</name>
        <lei>549300TP80QLITMSBP82</lei>
        <title>Herc Holdings, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>VICI Properties LP</name>
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        <name>Bank of America Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Steel Dynamics, Inc.</name>
        <lei>549300HGGKEL4FYTTQ83</lei>
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        <name>Asimi Funding plc</name>
        <lei>6354002PZBGQEXUI2V51</lei>
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        <invCountry>GB</invCountry>
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        <name>QTS Issuer ABS II LLC</name>
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        <name>Loanpal Solar Loan Ltd.</name>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Gulfport Energy Operating Corp.</name>
        <lei>549300FJX18IDUFPHD40</lei>
        <title>Gulfport Energy Operating Corp.</title>
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        <invCountry>US</invCountry>
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        <name>United States of America</name>
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        <fairValLevel>2</fairValLevel>
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        <name>HCA, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>AerCap Ireland Capital DAC</name>
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      <invstOrSec>
        <name>Domi BV</name>
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      <invstOrSec>
        <name>Atlas Funding plc</name>
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          <isin value="XS2819820015"/>
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        <name>Glencore Funding LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>1345T</name>
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        <invCountry>US</invCountry>
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        <name>Targa Resources Partners LP</name>
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        <title>Targa Resources Partners LP</title>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Upgrade Master Pass-Thru Trust</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Group Laboratories South Africa Pty. Ltd.</name>
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        <name>LT Rahoitus DAC</name>
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        <name>Sensata Technologies BV</name>
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        <name>RHP Hotel Properties LP</name>
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        <name>US Bank NA</name>
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        <name>Finsbury Square Green plc</name>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Federal National Mortgage Association ACES Variable Rate Notes, Series 2023-M1, Class 1A</title>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-25</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>Sunrise Spv 98 Srl</name>
        <lei>81560036AE47FD868675</lei>
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          <isin value="IT0005697419"/>
          <other otherDesc="Inhouse Asset ID" value="BYDZGRUC8"/>
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        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Dryden 61 CLO Ltd.</name>
        <lei>549300JHVVT1NJ057H42</lei>
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        <curCd>USD</curCd>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UBS Group AG</name>
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        <title>UBS Group AG</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-01-09</maturityDt>
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          <annualizedRt>4.28200000</annualizedRt>
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      <invstOrSec>
        <name>Goat Holdco LLC</name>
        <lei>N/A</lei>
        <title>Goat Holdco LLC</title>
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          <isin value="US38021MAA45"/>
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        <balance>355000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>357175.80000000</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>2032-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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      <invstOrSec>
        <name>Constellium SE</name>
        <lei>724500KRJEMC79KAAU28</lei>
        <title>Constellium SE</title>
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          <isin value="US21039CAB00"/>
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        <balance>1751000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-15</maturityDt>
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      <invstOrSec>
        <name>Penta CLO DAC</name>
        <lei>254900P6EQ7DE06DX267</lei>
        <title>Penta CLO 17 DAC, Series 2024-17X, Class AR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS3289697776"/>
          <other otherDesc="Inhouse Asset ID" value="BYDYFBCU7"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-02-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Miltonia Mortgage Finance SRL</name>
        <lei>815600BC278905BA4594</lei>
        <title>Miltonia Mortgage Finance SRL, Series 1, Class B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005592933"/>
          <other otherDesc="Inhouse Asset ID" value="BYD2WWVR8"/>
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        <balance>355000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.86516416"/>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-04-28</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.33799920</annualizedRt>
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      <invstOrSec>
        <name>Herc Holdings, Inc.</name>
        <lei>549300TP80QLITMSBP82</lei>
        <title>Herc Holdings, Inc.</title>
        <cusip>42704LAH7</cusip>
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          <isin value="US42704LAH78"/>
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        <balance>163000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>160533.32000000</valUSD>
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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>Pikes Peak CLO 11 Ltd.</name>
        <lei>213800ENCOP5IOFQ4E98</lei>
        <title>Pikes Peak CLO 11 Ltd., Series 2022-11A, Class AR</title>
        <cusip>72132KAN5</cusip>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3001314.00000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>BAHA Trust</name>
        <lei>N/A</lei>
        <title>BAHA Trust, Series 2024-MAR, Class B</title>
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        <balance>2275000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2344137.02000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>SM Energy Co.</name>
        <lei>84BUTVXV5ODI6BXNMH43</lei>
        <title>SM Energy Co.</title>
        <cusip>17888HAB9</cusip>
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          <isin value="US17888HAB96"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>52264.60000000</valUSD>
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        <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>8.75000000</annualizedRt>
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      <invstOrSec>
        <name>Venture Global Plaquemines LNG LLC</name>
        <lei>549300TKP4I6OJ02BF90</lei>
        <title>Venture Global Plaquemines LNG LLC</title>
        <cusip>922966AE6</cusip>
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        <balance>1247000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1282447.22000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
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      <invstOrSec>
        <name>Duke Energy Corp.</name>
        <lei>I1BZKREC126H0VB1BL91</lei>
        <title>Duke Energy Corp.</title>
        <cusip>26441CBH7</cusip>
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          <isin value="US26441CBH79"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>460696.19000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.45000000</annualizedRt>
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      <invstOrSec>
        <name>Bank of America Corp.</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>Bank of America Corp.</title>
        <cusip>06051GJT7</cusip>
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        <balance>3369000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3053050.29000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-04-22</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.68700000</annualizedRt>
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      <invstOrSec>
        <name>Sabre Financial Borrower LLC</name>
        <lei>N/A</lei>
        <title>Sabre Financial Borrower LLC</title>
        <cusip>78573XAA8</cusip>
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          <isin value="US78573XAA81"/>
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        <balance>712000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>728605.98000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>11.12500000</annualizedRt>
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      <invstOrSec>
        <name>Philip Morris International, Inc.</name>
        <lei>HL3H1H2BGXWVG3BSWR90</lei>
        <title>Philip Morris International, Inc.</title>
        <cusip>718172DY2</cusip>
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          <isin value="US718172DY22"/>
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        <balance>4513000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4417375.35000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FirstEnergy Transmission LLC</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-01-15</maturityDt>
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          <annualizedRt>4.55000000</annualizedRt>
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      <invstOrSec>
        <name>Anywhere Real Estate Group LLC</name>
        <lei>LF6PBYTYG3BDVEF4FI12</lei>
        <title>Anywhere Real Estate Group LLC</title>
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        <balance>84490.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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      <invstOrSec>
        <name>Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Commercial Mortgage Trust, Series 2025-167G, Class B</title>
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          <isin value="US12674VAE11"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.92539000</annualizedRt>
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      <invstOrSec>
        <name>Canada Square Funding plc</name>
        <lei>6354009BNGSKPMISBP18</lei>
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          <isin value="XS2419723569"/>
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        <balance>178000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>NTT Finance Corp.</name>
        <lei>3538007PR116187GD960</lei>
        <title>NTT Finance Corp.</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-07-16</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>OAK-Eagle Acquireco, Inc.</name>
        <lei>6488ICS9P20290MA1H31</lei>
        <title>OAK-Eagle Acquireco, Inc.</title>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CCO Holdings LLC</name>
        <lei>N/A</lei>
        <title>CCO Holdings LLC</title>
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        <balance>47000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ATI, Inc.</name>
        <lei>ZW1LRE7C3H17O2ZN9B45</lei>
        <title>ATI, Inc.</title>
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        <balance>77000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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      <invstOrSec>
        <name>GoodLeap Home Improvement Solutions Trust</name>
        <lei>N/A</lei>
        <title>GoodLeap Home Improvement Solutions Trust, Series 2024-1A, Class A</title>
        <cusip>381935AA3</cusip>
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        <balance>2020550.32650000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-10-20</maturityDt>
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      <invstOrSec>
        <name>Rockford Tower CLO Ltd.</name>
        <lei>5493000QG193Z8ZVLY16</lei>
        <title>Rockford Tower CLO Ltd., Series 2021-1A, Class A1</title>
        <cusip>77341KAA9</cusip>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-07-20</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>LT Rahoitus DAC</name>
        <lei>635400OFIJ3A8BN2BV40</lei>
        <title>LT Rahoitus DAC, Series 6, Class B</title>
        <cusip>N/A</cusip>
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          <isin value="XS2975276226"/>
          <other otherDesc="Inhouse Asset ID" value="BYDEDFFW7"/>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-07-18</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>3140Q7KF3</cusip>
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          <isin value="US3140Q7KF30"/>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>Allied Universal Holdco LLC</name>
        <lei>98450038B4549046D794</lei>
        <title>Allied Universal Holdco LLC</title>
        <cusip>019576AF4</cusip>
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          <isin value="US019576AF49"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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      <invstOrSec>
        <name>VICI Properties LP</name>
        <lei>254900X4QE7SGKQLLN38</lei>
        <title>VICI Properties LP</title>
        <cusip>925650AB9</cusip>
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          <isin value="US925650AB99"/>
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        <balance>7230000.00000000</balance>
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        <valUSD>7236533.61000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>Wells Fargo &amp; Co.</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>Wells Fargo &amp; Co.</title>
        <cusip>95000U3L5</cusip>
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          <isin value="US95000U3L56"/>
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        <valUSD>16718917.99000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-22</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.70700000</annualizedRt>
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      <invstOrSec>
        <name>Molossus Btl plc</name>
        <lei>635400TPGD2VZXFZMM69</lei>
        <title>Molossus Btl plc, Series 2024-1, Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2793365268"/>
          <other otherDesc="Inhouse Asset ID" value="BYD0MPDN7"/>
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        <balance>575104.07020000</balance>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-04-18</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.70428060</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Marzio Finance SRL</name>
        <lei>8156009FC13322D4B035</lei>
        <title>Marzio Finance SRL, Series 2024-14, Class A</title>
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        <identifiers>
          <isin value="IT0005584955"/>
          <other otherDesc="Inhouse Asset ID" value="BRYWVP9D6"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-05-28</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Regional Management Issuance Trust</name>
        <lei>N/A</lei>
        <title>Regional Management Issuance Trust, Series 2024-2, Class A</title>
        <cusip>75907AAA1</cusip>
        <identifiers>
          <isin value="US75907AAA16"/>
          <other otherDesc="Inhouse Asset ID" value="75907AAA1"/>
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        <balance>915000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>918510.58000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.11000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Finance Ireland Auto Receivables No.2 DAC</name>
        <lei>635400CQQYNH7KEIXW17</lei>
        <title>Finance Ireland Auto Receivables No.2 DAC, Series 2, Class B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS3022670817"/>
          <other otherDesc="Inhouse Asset ID" value="Z96Z21VL6"/>
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        <balance>195282.84080000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.86516416"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-11-14</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Chemours Co. (The)</name>
        <lei>549300M1BOLNXL8DOV14</lei>
        <title>Chemours Co. (The)</title>
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          <isin value="US163851AF58"/>
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        <balance>342000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>338622.58000000</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>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</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>United Airlines Pass-Through Trust</name>
        <lei>N/A</lei>
        <title>United Airlines Pass-Through Trust, Series 2020-1, Class A</title>
        <cusip>90931GAA7</cusip>
        <identifiers>
          <isin value="US90931GAA76"/>
          <other otherDesc="Inhouse Asset ID" value="90931GAA7"/>
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        <balance>1636171.40530000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1663504.30000000</valUSD>
        <pctVal>0.041794106751</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</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>Allied Universal Holdco LLC</name>
        <lei>98450038B4549046D794</lei>
        <title>Allied Universal Holdco LLC</title>
        <cusip>019579AA9</cusip>
        <identifiers>
          <isin value="US019579AA90"/>
          <other otherDesc="Inhouse Asset ID" value="019579AA9"/>
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        <balance>426000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>416208.59000000</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>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</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>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>3140GTBP4</cusip>
        <identifiers>
          <isin value="US3140GTBP46"/>
          <other otherDesc="Inhouse Asset ID" value="3140GTBP4"/>
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        <balance>150215.05810000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>145855.79000000</valUSD>
        <pctVal>0.003664500571</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley Private Bank NA</name>
        <lei>549300GS0W0TEUQS8571</lei>
        <title>Morgan Stanley Private Bank NA</title>
        <cusip>61776NZU0</cusip>
        <identifiers>
          <isin value="US61776NZU08"/>
          <other otherDesc="Inhouse Asset ID" value="61776NZU0"/>
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        <balance>2965000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2954731.79000000</valUSD>
        <pctVal>0.074235080638</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-17</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.20400000</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>BLP Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>BLP Commercial Mortgage Trust, Series 2024-IND2, Class D</title>
        <cusip>05625AAG6</cusip>
        <identifiers>
          <isin value="US05625AAG67"/>
          <other otherDesc="Inhouse Asset ID" value="05625AAG6"/>
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        <balance>513993.51000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>512708.22000000</valUSD>
        <pctVal>0.012881350579</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-03-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.26286960</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>Azorra Finance Ltd.</name>
        <lei>254900MC1HXDAVUUP395</lei>
        <title>Azorra Finance Ltd.</title>
        <cusip>05480AAA3</cusip>
        <identifiers>
          <isin value="US05480AAA34"/>
          <other otherDesc="Inhouse Asset ID" value="05480AAA3"/>
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        <balance>199000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>205113.28000000</valUSD>
        <pctVal>0.005153293754</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75000000</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>Last Mile Logistics Pan Euro Finance DAC</name>
        <lei>635400NOPX1IKIAX7N90</lei>
        <title>Last Mile Logistics Pan Euro Finance DAC, Series 1X, Class D</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2356539077"/>
          <other otherDesc="Inhouse Asset ID" value="BRWNVX222"/>
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        <balance>1019140.97000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86516416"/>
        <valUSD>1177054.09000000</valUSD>
        <pctVal>0.029572465962</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.89900160</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>Goldman Sachs Group, Inc. (The)</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
        <title>Goldman Sachs Group, Inc. (The)</title>
        <cusip>38141GA87</cusip>
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          <isin value="US38141GA872"/>
          <other otherDesc="Inhouse Asset ID" value="38141GA87"/>
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        <balance>177000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>182609.27000000</valUSD>
        <pctVal>0.004587899967</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.72700000</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>AmWINS Group, Inc.</name>
        <lei>549300SJE7MUB8NMRG61</lei>
        <title>AmWINS Group, Inc.</title>
        <cusip>031921AC3</cusip>
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          <isin value="US031921AC31"/>
          <other otherDesc="Inhouse Asset ID" value="031921AC3"/>
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        <balance>47000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>47272.18000000</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>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Azorra Finance Ltd.</name>
        <lei>254900MC1HXDAVUUP395</lei>
        <title>Azorra Finance Ltd.</title>
        <cusip>05480AAC9</cusip>
        <identifiers>
          <isin value="US05480AAC99"/>
          <other otherDesc="Inhouse Asset ID" value="05480AAC9"/>
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        <balance>108000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>100378.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</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>Together Asset-Backed Securitisation plc</name>
        <lei>635400YLGUIWG9EKBV27</lei>
        <title>Together Asset-Backed Securitisation plc, Series 2025-2ND1X, Class B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2974982311"/>
          <other otherDesc="Inhouse Asset ID" value="BYDE887C2"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.75551526"/>
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        <pctVal>0.016627086021</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-09-12</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.93470145</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>Philip Morris International, Inc.</name>
        <lei>HL3H1H2BGXWVG3BSWR90</lei>
        <title>Philip Morris International, Inc.</title>
        <cusip>718172DX4</cusip>
        <identifiers>
          <isin value="US718172DX49"/>
          <other otherDesc="Inhouse Asset ID" value="718172DX4"/>
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        <balance>1913000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1896798.65000000</valUSD>
        <pctVal>0.047655425515</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</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>Pagaya AI Technology in Housing Trust</name>
        <lei>N/A</lei>
        <title>Pagaya AI Technology in Housing Trust, Series 2023-1, Class A</title>
        <cusip>69547YAA8</cusip>
        <identifiers>
          <isin value="US69547YAA82"/>
          <other otherDesc="Inhouse Asset ID" value="69547YAA8"/>
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        <balance>4911000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4747282.98000000</valUSD>
        <pctVal>0.119271378886</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
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        <name>Federal National Mortgage Association</name>
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        <name>Synchrony Financial</name>
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        <name>HUB International Ltd.</name>
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        <name>Univision Communications, Inc.</name>
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        <name>Lamb Weston Holdings, Inc.</name>
        <lei>5493005SMYID1D2OY946</lei>
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        <name>Concentra Health Services, Inc.</name>
        <lei>984500GB84105F75DE32</lei>
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      <invstOrSec>
        <name>Morgan Stanley Capital I Trust</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Outfront Media Capital LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MF1 LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Hertz Corp. (The)</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BX Commercial Mortgage Trust</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Noble Finance II LLC</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
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      <invstOrSec>
        <name>HealthEquity, Inc.</name>
        <lei>529900LRJU1RAFQHM467</lei>
        <title>HealthEquity, Inc.</title>
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        <balance>623000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-01</maturityDt>
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      <invstOrSec>
        <name>Global Payments, Inc.</name>
        <lei>549300NOMHGVQBX6S778</lei>
        <title>Global Payments, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-04-01</maturityDt>
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      <invstOrSec>
        <name>Advance Auto Parts, Inc.</name>
        <lei>529900UCNQ5H9FSL0Y70</lei>
        <title>Advance Auto Parts, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Sirius XM Radio LLC</name>
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        <name>Federal National Mortgage Association</name>
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          <couponKind>Fixed</couponKind>
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        <name>Homes Trust</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Diamondback Energy, Inc.</name>
        <lei>549300R22LSX6OHWEN64</lei>
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        <name>N/A</name>
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        <name>UKG, Inc.</name>
        <lei>529900FKHWSTQ1GXK240</lei>
        <title>UKG, Inc.</title>
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        <name>Tenneco, Inc.</name>
        <lei>549300U0EXXFAQFAD785</lei>
        <title>Tenneco, Inc.</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Comstock Resources, Inc.</name>
        <lei>I03QQGEA4SS774AURI46</lei>
        <title>Comstock Resources, Inc.</title>
        <cusip>205768AS3</cusip>
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        <name>MCR Mortgage Trust</name>
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      <invstOrSec>
        <name>AAR Escrow Issuer LLC</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Pattern Energy Operations LP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Foundation Finance Trust</name>
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        <name>PRPM LLC</name>
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        <name>Netflix, Inc.</name>
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        <name>CCO Holdings LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BFLD Commercial Mortgage Trust</name>
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        <name>T-Mobile USA, Inc.</name>
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        <name>Progress Residential Trust</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Golden Bar Securitisation SRL</name>
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        <name>Rockies Express Pipeline LLC</name>
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        <name>Fortress Intermediate 3, Inc.</name>
        <lei>254900NLAZ3JQJW5JP75</lei>
        <title>Fortress Intermediate 3, Inc.</title>
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      <invstOrSec>
        <name>Amneal Pharmaceuticals LLC</name>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Federal National Mortgage Association Variable Rate Notes, Series 2025-40, Class GF</title>
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          <isin value="US3136BWHK58"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-06-25</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BX Trust</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Koromo Italy Compartment 2.</name>
        <lei>N/A</lei>
        <title>Koromo Italy Compartment 2., Series 2, Class A</title>
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          <isin value="IT0005630741"/>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-26</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>WR Grace Holdings LLC</name>
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        <title>WR Grace Holdings LLC</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Sequoia Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Sequoia Mortgage Trust, Series 2017-CH1, Class A2</title>
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          <isin value="US81746HAB78"/>
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        <balance>101179.71000000</balance>
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        <curCd>USD</curCd>
        <valUSD>93814.70000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-08-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.49999920</annualizedRt>
          <isDefault>N</isDefault>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sofi Consumer Loan Program Trust</name>
        <lei>N/A</lei>
        <title>Sofi Consumer Loan Program Trust, Series 2026-B, Class B</title>
        <cusip>83407MAB2</cusip>
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          <isin value="US83407MAB28"/>
          <other otherDesc="Inhouse Asset ID" value="83407MAB2"/>
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        <balance>1760000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1758089.34000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.90000000</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>Kaiser Aluminum Corp.</name>
        <lei>N/A</lei>
        <title>Kaiser Aluminum Corp.</title>
        <cusip>483007AL4</cusip>
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          <isin value="US483007AL48"/>
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        <balance>838000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>791689.35000000</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>2031-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PennyMac Financial Services, Inc.</name>
        <lei>549300W1D516HBDEU871</lei>
        <title>PennyMac Financial Services, Inc.</title>
        <cusip>70932MAG2</cusip>
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          <isin value="US70932MAG24"/>
          <other otherDesc="Inhouse Asset ID" value="70932MAG2"/>
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        <balance>565000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>545220.67000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Duke Energy Corp.</name>
        <lei>I1BZKREC126H0VB1BL91</lei>
        <title>Duke Energy Corp.</title>
        <cusip>26441CAX3</cusip>
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          <isin value="US26441CAX39"/>
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        <balance>1426000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1404708.81000000</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>2027-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.15000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GS Mortgage Securities Corp. Trust</name>
        <lei>N/A</lei>
        <title>GS Mortgage Securities Corp. Trust, Series 2023-FUN, Class B</title>
        <cusip>36267CAC9</cusip>
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          <isin value="US36267CAC91"/>
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        <balance>3065000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3074578.13000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.46277040</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Deutsche Bank AG</name>
        <lei>7LTWFZYICNSX8D621K86</lei>
        <title>Deutsche Bank AG</title>
        <cusip>251526DD8</cusip>
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          <isin value="US251526DD89"/>
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        <balance>930000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>914407.44000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.46900000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NYC Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>NYC Commercial Mortgage Trust, Series 2025-3BP, Class A</title>
        <cusip>67120UAA5</cusip>
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          <isin value="US67120UAA51"/>
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        <balance>1562000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1552237.50000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-02-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.88548080</annualizedRt>
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      <invstOrSec>
        <name>Crescent Energy Finance LLC</name>
        <lei>54930061FUL6DBLFUW14</lei>
        <title>Crescent Energy Finance LLC</title>
        <cusip>45344LAD5</cusip>
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          <isin value="US45344LAD55"/>
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        <balance>261000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>264870.37000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.62500000</annualizedRt>
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      <invstOrSec>
        <name>ALA Trust</name>
        <lei>N/A</lei>
        <title>ALA Trust, Series 2025-OANA, Class D</title>
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          <isin value="US009920AG42"/>
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        <balance>601000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>601750.83000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-06-15</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Energy Transfer LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>Energy Transfer LP</title>
        <cusip>29273VAP5</cusip>
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        <balance>2587000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2636467.81000000</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>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.55000000</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 Trust</name>
        <lei>N/A</lei>
        <title>OBX Trust, Series 2023-NQM5, Class A1A</title>
        <cusip>673919AL0</cusip>
        <identifiers>
          <isin value="US673919AL09"/>
          <other otherDesc="Inhouse Asset ID" value="673919AL0"/>
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        <balance>1691057.83930000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1691622.82000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CarVal CLO IX-C Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Charter Communications Operating LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Rocket Cos., Inc.</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BRCK Trust</name>
        <lei>N/A</lei>
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          <isin value="US10635AAN90"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Seagate Data Storage Technology Pte. Ltd.</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-07-15</maturityDt>
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      <invstOrSec>
        <name>BBCMS Mortgage Trust</name>
        <lei>N/A</lei>
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          <isin value="US07337DAQ34"/>
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        <balance>1586000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2058-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>3138YK6E8</cusip>
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          <isin value="US3138YK6E81"/>
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        <balance>19784.12010000</balance>
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        <curCd>USD</curCd>
        <valUSD>19419.04000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Alliant Holdings Intermediate LLC</name>
        <lei>5493006Q26653NF8SI73</lei>
        <title>Alliant Holdings Intermediate LLC</title>
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          <isin value="US01883LAB99"/>
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        <balance>3105000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Broadcom, Inc.</name>
        <lei>549300WV6GIDOZJTV909</lei>
        <title>Broadcom, Inc.</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>U.S. Treasury Long Bond</title>
        <cusip>N/A</cusip>
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      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
        <cusip>61747YFQ3</cusip>
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          <isin value="US61747YFQ35"/>
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        <balance>8499000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8743103.01000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-18</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.65600000</annualizedRt>
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      <invstOrSec>
        <name>Sunrise Spv 98 Srl</name>
        <lei>81560036AE47FD868675</lei>
        <title>Sunrise Spv 98 Srl, Series 2026-1, Class C</title>
        <cusip>N/A</cusip>
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          <isin value="IT0005697401"/>
          <other otherDesc="Inhouse Asset ID" value="BYDZGRTF3"/>
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        <balance>375000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.86516416"/>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Summit Issuer LLC</name>
        <lei>N/A</lei>
        <title>Summit Issuer LLC, Series 2025-1A, Class A2</title>
        <cusip>86613XAN5</cusip>
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          <isin value="US86613XAN57"/>
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        <balance>2607000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
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      <invstOrSec>
        <name>Elevation CLO Ltd.</name>
        <lei>549300D7IKXB86IQMC13</lei>
        <title>Elevation CLO Ltd., Series 2013-1A, Class A1R3</title>
        <cusip>28623FAJ3</cusip>
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          <isin value="US28623FAJ30"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Auto ABS Spanish Loans FT</name>
        <lei>9598007LTXPL84RD7W58</lei>
        <title>Auto ABS Spanish Loans FT, Series 2024-1, Class A</title>
        <cusip>N/A</cusip>
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          <isin value="ES0305837009"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
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        <debtSec>
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      <invstOrSec>
        <name>Gray Media, Inc.</name>
        <lei>529900TM5726KDN7UU35</lei>
        <title>Gray Media, Inc.</title>
        <cusip>389375AM8</cusip>
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        <balance>262000.00000000</balance>
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        <valUSD>278414.43000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Ellington Financial Mortgage Trust</name>
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      <invstOrSec>
        <name>EQT Corp.</name>
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        <name>Domi</name>
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        <name>Clydesdale Acquisition Holdings, Inc.</name>
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        <name>ATI, Inc.</name>
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        <name>Nelnet Student Loan Trust</name>
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        <name>Block, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Hilcorp Energy I LP</name>
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        <name>Citibank NA</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Clydesdale Acquisition Holdings, Inc.</name>
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        <name>Vistra Operations Co. LLC</name>
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        <name>Federal National Mortgage Association</name>
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        <name>JPMorgan Chase &amp; Co.</name>
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        <name>Peace Park CLO Ltd.</name>
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        <invCountry>KY</invCountry>
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        <name>Hilcorp Energy I LP</name>
        <lei>549300ITPIHLG0LHEC09</lei>
        <title>Hilcorp Energy I LP</title>
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        <fairValLevel>2</fairValLevel>
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        <name>PRM5 Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Venture Global Plaquemines LNG LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Loanpal Solar Loan Ltd.</name>
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      <invstOrSec>
        <name>EQT Corp.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ardagh Metal Packaging Finance USA LLC</name>
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        <name>BAT International Finance plc</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Newday Funding Master Issuer plc</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>First Mobility SARL</name>
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          <isin value="XS3112635100"/>
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        <invCountry>LU</invCountry>
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      <invstOrSec>
        <name>Velocity plc</name>
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        <name>WESCO Distribution, Inc.</name>
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        <name>Olympus Water US Holding Corp.</name>
        <lei>549300YU2GGVCBN3MY89</lei>
        <title>Olympus Water US Holding Corp.</title>
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        <name>Sesac Finance LLC</name>
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        <name>Federal Farm Credit Banks</name>
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        <title>Federal Farm Credit Bank Bonds</title>
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        <fairValLevel>2</fairValLevel>
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        <name>N/A</name>
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        <name>Nissan Motor Acceptance Co. LLC</name>
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        <name>UK Logistics DAC</name>
        <lei>635400H22JMICKOJRJ36</lei>
        <title>UK Logistics DAC, Series 2024-1X, Class A</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Esab Corp.</name>
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        <title>Esab Corp.</title>
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        <name>Synchrony Financial</name>
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        <title>Synchrony Financial</title>
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        <name>Global Payments, Inc.</name>
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        <name>JPMorgan Chase &amp; Co.</name>
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        <name>BMO Mortgage Trust</name>
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        <name>Vistra Operations Co. LLC</name>
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        <title>Vistra Operations Co. LLC</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>EQT Corp.</name>
        <lei>4NT01YGM4X7ZX86ISY52</lei>
        <title>EQT Corp.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
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      <invstOrSec>
        <name>Ferrellgas LP</name>
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      <invstOrSec>
        <name>Last Mile Logistics Pan Euro Finance DAC</name>
        <lei>635400NOPX1IKIAX7N90</lei>
        <title>Last Mile Logistics Pan Euro Finance DAC, Series 1X, Class C</title>
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        <invCountry>IE</invCountry>
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        <name>Quarzo SRL</name>
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        <invCountry>IT</invCountry>
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      <invstOrSec>
        <name>Ally Financial, Inc.</name>
        <lei>549300JBN1OSM8YNAI90</lei>
        <title>Ally Financial, Inc.</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>ERO Copper Corp.</name>
        <lei>549300KL8A21SEIO8I47</lei>
        <title>ERO Copper Corp.</title>
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      <invstOrSec>
        <name>EQT Corp.</name>
        <lei>4NT01YGM4X7ZX86ISY52</lei>
        <title>EQT Corp.</title>
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      <invstOrSec>
        <name>HCA, Inc.</name>
        <lei>L3CJ6J7LJ2DX62FTXD46</lei>
        <title>HCA, Inc.</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-03-01</maturityDt>
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      <invstOrSec>
        <name>Jupiter Mortgage No. 1 plc</name>
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        <name>Mueller Water Products, Inc.</name>
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        <name>Ford Motor Credit Co. LLC</name>
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        <name>T-Mobile USA, Inc.</name>
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        <name>Ryder System, Inc.</name>
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        <name>SC Germany SA Compartment Consumer</name>
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        <name>Eversource Energy</name>
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      <invstOrSec>
        <name>Frontier Mortgage Funding plc</name>
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        <name>Cyprium Corp.</name>
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        <name>FirstEnergy Corp.</name>
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        <name>Bank of America Corp.</name>
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        <name>Hermitage 2024 plc</name>
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        <name>Navient Private Education Refi Loan Trust</name>
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        <name>AbbVie, Inc.</name>
        <lei>FR5LCKFTG8054YNNRU85</lei>
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        <name>Norfolk Southern Corp.</name>
        <lei>54930036C8MWP850MI84</lei>
        <title>Norfolk Southern Corp.</title>
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        <name>American Axle &amp; Manufacturing, Inc.</name>
        <lei>RY5TAKFOBLDUGX31MS24</lei>
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      <invstOrSec>
        <name>Madison Park Funding LVII Ltd.</name>
        <lei>N/A</lei>
        <title>Madison Park Funding LVII Ltd., Series 2022-57A, Class A1R</title>
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        <invCountry>KY</invCountry>
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      <invstOrSec>
        <name>American Tower Corp.</name>
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          <isin value="US03027XAW02"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FS Rialto Issuer LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Together Asset-Backed Securitisation plc</name>
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        <cusip>N/A</cusip>
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          <isin value="XS2795573448"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Icahn Enterprises LP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>COLT Mortgage Loan Trust</name>
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          <isin value="US12674HAA05"/>
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        <fairValLevel>2</fairValLevel>
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        <name>MAIN Trust</name>
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          <isin value="US56036BAA35"/>
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      <invstOrSec>
        <name>Sage AR Funding</name>
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          <isin value="XS3032970652"/>
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        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Cassia SRL</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>QTS Issuer ABS II LLC</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Elmwood CLO 29 Ltd.</name>
        <lei>N/A</lei>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Polaris plc</name>
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        <invCountry>GB</invCountry>
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        <name>GS Mortgage-Backed Securities Trust</name>
        <lei>N/A</lei>
        <title>GS Mortgage-Backed Securities Trust, Series 2026-R1, Class A1</title>
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          <isin value="US36274QAA31"/>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Federal Home Loan Mortgage Corp., Series 4569, Class JA</title>
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      <invstOrSec>
        <name>SLM Private Credit Student Loan Trust</name>
        <lei>549300T563MF7L069881</lei>
        <title>SLM Private Credit Student Loan Trust, Series 2007-A, Class A4A</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Transocean International Ltd.</name>
        <lei>DOL4HJ22ADYSIWES4H94</lei>
        <title>Transocean International Ltd.</title>
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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>
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          <couponKind>Fixed</couponKind>
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        <name>N/A</name>
        <lei>N/A</lei>
        <title>Forward Foreign Currency Contract</title>
        <cusip>N/A</cusip>
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          <other otherDesc="Inhouse Asset ID" value="440060"/>
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        <balance>1.00000000</balance>
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        <curCd>N/A</curCd>
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        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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            <counterparties>
              <counterpartyName>ANZ Banking Group</counterpartyName>
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            <unrealizedAppr>699299.74000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>A&amp;D Mortgage Trust</name>
        <lei>984500FEB1BEC4C6Y473</lei>
        <title>A&amp;D Mortgage Trust, Series 2026-NQM1, Class A1</title>
        <cusip>00040DAC7</cusip>
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          <isin value="US00040DAC74"/>
          <other otherDesc="Inhouse Asset ID" value="00040DAC7"/>
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        <balance>1789493.68000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1772978.80000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2071-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.91199840</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bbva Consumer Fondo de Titulizacion</name>
        <lei>9598008ZNM97MVXBD120</lei>
        <title>Bbva Consumer Fondo de Titulizacion, Series 2026-1, Class B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0306017015"/>
          <other otherDesc="Inhouse Asset ID" value="Z97FX2NH1"/>
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        <balance>600000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.86516416"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-05-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.96100000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CDP Financial, Inc.</name>
        <lei>549300OXMGVYFCBFV096</lei>
        <title>CDP Financial, Inc.</title>
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          <isin value="US125094BL55"/>
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        <balance>5230000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5178483.92000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-22</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Telenet Finance Luxembourg Notes SARL</name>
        <lei>2138007RI9GLJPCC3E25</lei>
        <title>Telenet Finance Luxembourg Notes SARL</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE6300372289"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>196264.00000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Credit Suisse Mortgage Capital Certificates</name>
        <lei>N/A</lei>
        <title>Credit Suisse Mortgage Capital Certificates, Series 2022-ATH1, Class A1A</title>
        <cusip>12660BAM3</cusip>
        <identifiers>
          <isin value="US12660BAM37"/>
          <other otherDesc="Inhouse Asset ID" value="12660BAM3"/>
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        <balance>3972164.16000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3878630.82000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2067-01-25</maturityDt>
          <couponKind>Variable</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Silver Point CLO 8 Ltd.</name>
        <lei>254900U97WKD6RJ07L38</lei>
        <title>Silver Point CLO 8 Ltd., Series 2025-8A, Class A1</title>
        <cusip>827918AA1</cusip>
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          <isin value="US827918AA13"/>
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        <balance>1000000.00000000</balance>
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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>2038-04-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.88219040</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bryant Park Funding Ltd.</name>
        <lei>5493000N8L82QL1KEO96</lei>
        <title>Bryant Park Funding Ltd., Series 2024-22A, Class A1</title>
        <cusip>11766CAA2</cusip>
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          <isin value="US11766CAA27"/>
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        <balance>1500000.00000000</balance>
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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>2037-04-15</maturityDt>
          <couponKind>Floating</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>TAGUS-Sociedade de Titularizacao de Creditos SA</name>
        <lei>N/A</lei>
        <title>TAGUS - Sociedade de Titularizacao de Creditos SA, Series 2, Class D</title>
        <cusip>N/A</cusip>
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          <isin value="PTTGCEOM0029"/>
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        <invCountry>PT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-10-27</maturityDt>
          <couponKind>Floating</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UPG HI Issuer Trust</name>
        <lei>N/A</lei>
        <title>UPG HI Issuer Trust, Series 2025-2, Class A</title>
        <cusip>90321EAA0</cusip>
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          <isin value="US90321EAA01"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Pierpont BTL plc</name>
        <lei>635400SRTLDO3B8L9Y97</lei>
        <title>Pierpont BTL plc, Series 2025-1, Class A</title>
        <cusip>N/A</cusip>
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          <isin value="XS3077208760"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-03-21</maturityDt>
          <couponKind>Floating</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Think Tank Commercial Trust</name>
        <lei>N/A</lei>
        <title>Think Tank Commercial Trust, Series 2025-3, Class A1</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3FN0100129"/>
          <other otherDesc="Inhouse Asset ID" value="BYDNJL780"/>
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        <balance>2612488.62000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-12-10</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Humana, Inc.</name>
        <lei>529900YLDW34GJAO4J06</lei>
        <title>Humana, Inc.</title>
        <cusip>444859CA8</cusip>
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          <isin value="US444859CA81"/>
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        <valUSD>697415.97000000</valUSD>
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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>Chase Home Lending Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Chase Home Lending Mortgage Trust, Series 2025-2, Class A11</title>
        <cusip>16159VAX4</cusip>
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          <isin value="US16159VAX47"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Walsh Acceptance</name>
        <lei>N/A</lei>
        <title>Walsh Acceptance, Series 1997-2, Class A</title>
        <cusip>933095AL5</cusip>
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          <isin value="US933095AL52"/>
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        <balance>436.28240000</balance>
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        <curCd>USD</curCd>
        <valUSD>392.93000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.81249880</annualizedRt>
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      <invstOrSec>
        <name>ELFI Graduate Loan Program LLC</name>
        <lei>N/A</lei>
        <title>ELFI Graduate Loan Program LLC, Series 2023-A, Class A</title>
        <cusip>28628DAA2</cusip>
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          <isin value="US28628DAA28"/>
          <other otherDesc="Inhouse Asset ID" value="28628DAA2"/>
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        <balance>4642401.28000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4785422.99000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-02-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>J.P. Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>J.P. Morgan Mortgage Trust, Series 2025-NQM3, Class A1</title>
        <cusip>46659QAC3</cusip>
        <identifiers>
          <isin value="US46659QAC33"/>
          <other otherDesc="Inhouse Asset ID" value="46659QAC3"/>
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        <balance>1801996.82000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1807662.48000000</valUSD>
        <pctVal>0.045415956339</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-11-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.49500040</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>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
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          <isin value="US3140FR6R11"/>
          <other otherDesc="Inhouse Asset ID" value="3140FR6R1"/>
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        <balance>119094.70370000</balance>
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        <curCd>USD</curCd>
        <valUSD>115264.17000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BX Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>BX Commercial Mortgage Trust, Series 2024-MF, Class A</title>
        <cusip>05612EAA6</cusip>
        <identifiers>
          <isin value="US05612EAA64"/>
          <other otherDesc="Inhouse Asset ID" value="05612EAA6"/>
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        <balance>1925863.64000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1925261.81000000</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>2039-02-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.11412040</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>Texas Electric Market Stabilization Funding N LLC</name>
        <lei>N/A</lei>
        <title>Texas Electric Market Stabilization Funding N LLC, Series A-1</title>
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          <isin value="US88240TAA97"/>
          <other otherDesc="Inhouse Asset ID" value="88240TAA9"/>
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        <balance>4408911.23700000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4378248.54000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.26500000</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>N/A</name>
        <lei>N/A</lei>
        <title>Forward Foreign Currency Contract</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Inhouse Asset ID" value="440132"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>N/A</curCd>
        <valUSD>862.23000000</valUSD>
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        <assetCat>DFE</assetCat>
        <issuerConditional desc="Forward Foreign Currency Contract" issuerCat="OTHER"/>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>JP Morgan Chase Bank</counterpartyName>
              <counterpartyLei>7H6GLXDRUGQFU57RNE97</counterpartyLei>
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            <amtCurSold>171000.00000000</amtCurSold>
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            <unrealizedAppr>862.23000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Together Asset-Backed Securitisation plc</name>
        <lei>635400IODF9CE3RX8L03</lei>
        <title>Together Asset-Backed Securitisation plc, Series 2024-2ND1X, Class B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2742450005"/>
          <other otherDesc="Inhouse Asset ID" value="BRYUB2GJ2"/>
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        <balance>156000.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.75551526"/>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-08-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.43190080</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>Fantasia Holdings Group Co. Ltd.</name>
        <lei>5493005JQNLB3I01JW62</lei>
        <title>Fantasia Holdings Group Co. Ltd.</title>
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          <isin value="XS2100005771"/>
          <other otherDesc="Inhouse Asset ID" value="BRW0NUF31"/>
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        <balance>1167000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>13128.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-01-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.87500000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>3140J6C47</cusip>
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          <isin value="US3140J6C479"/>
          <other otherDesc="Inhouse Asset ID" value="3140J6C47"/>
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        <balance>121722.39000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>117724.68000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</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>Federal Home Loan Mortgage Corp.</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Federal Home Loan Mortgage Corp.</title>
        <cusip>3132J4JH3</cusip>
        <identifiers>
          <isin value="US3132J4JH36"/>
          <other otherDesc="Inhouse Asset ID" value="3132J4JH3"/>
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        <balance>178909.09630000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>175976.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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>Foundry JV Holdco LLC</name>
        <lei>21380048QROAMGM6EP30</lei>
        <title>Foundry JV Holdco LLC</title>
        <cusip>350930AF0</cusip>
        <identifiers>
          <isin value="US350930AF07"/>
          <other otherDesc="Inhouse Asset ID" value="350930AF0"/>
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        <balance>4590000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4686734.39000000</valUSD>
        <pctVal>0.117750147932</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</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>Carlyle US CLO Ltd.</name>
        <lei>N/A</lei>
        <title>Carlyle US CLO Ltd., Series 2026-3A, Class D</title>
        <cusip>142925AJ5</cusip>
        <identifiers>
          <isin value="US142925AJ50"/>
          <other otherDesc="Inhouse Asset ID" value="142925AJ5"/>
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        <balance>1050000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1050000.00000000</valUSD>
        <pctVal>0.026380341841</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-04-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00000000</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>Glencore Funding LLC</name>
        <lei>213800STG1QDNBY87K49</lei>
        <title>Glencore Funding LLC</title>
        <cusip>378272AN8</cusip>
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          <isin value="US378272AN87"/>
          <other otherDesc="Inhouse Asset ID" value="378272AN8"/>
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        <balance>8952000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8912606.19000000</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>2027-03-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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>Risewell Homes, Inc.</name>
        <lei>549300PLCE8TB3TVRQ85</lei>
        <title>Risewell Homes, Inc.</title>
        <cusip>645370AG2</cusip>
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          <isin value="US645370AG22"/>
          <other otherDesc="Inhouse Asset ID" value="645370AG2"/>
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        <balance>66000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>64536.21000000</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>8.50000000</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>Fiesta Purchaser, Inc.</name>
        <lei>N/A</lei>
        <title>Fiesta Purchaser, Inc.</title>
        <cusip>31659AAA4</cusip>
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          <isin value="US31659AAA43"/>
          <other otherDesc="Inhouse Asset ID" value="31659AAA4"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50903.15000000</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>
          <annualizedRt>7.87500000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Aqua Finance Trust</name>
        <lei>N/A</lei>
        <title>Aqua Finance Trust, Series 2021-A, Class A</title>
        <cusip>03842VAA5</cusip>
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          <isin value="US03842VAA52"/>
          <other otherDesc="Inhouse Asset ID" value="03842VAA5"/>
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        <balance>655041.54000000</balance>
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        <curCd>USD</curCd>
        <valUSD>601199.22000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-07-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.54000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PennyMac Financial Services, Inc.</name>
        <lei>549300W1D516HBDEU871</lei>
        <title>PennyMac Financial Services, Inc.</title>
        <cusip>70932MAD9</cusip>
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          <isin value="US70932MAD92"/>
          <other otherDesc="Inhouse Asset ID" value="70932MAD9"/>
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        <balance>109000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>111503.29000000</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>2029-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.87500000</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>LABL, Inc.</name>
        <lei>N/A</lei>
        <title>LABL, Inc., 1st Lien Term Loan</title>
        <cusip>62538LAM6</cusip>
        <identifiers>
          <other otherDesc="Inhouse Asset ID" value="BYDXJWZN0"/>
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        <balance>43468.94000000</balance>
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        <curCd>USD</curCd>
        <valUSD>43360.27000000</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>2026-11-03</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>10.41017000</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>Permian Resources Operating LLC</name>
        <lei>5493004CTVUMQLRPOE23</lei>
        <title>Permian Resources Operating LLC</title>
        <cusip>19416MAB5</cusip>
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          <isin value="US19416MAB54"/>
          <other otherDesc="Inhouse Asset ID" value="19416MAB5"/>
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        <balance>758000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>758864.88000000</valUSD>
        <pctVal>0.019065823758</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</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>Aesir European Loan Conduit No. DAC</name>
        <lei>N/A</lei>
        <title>Aesir European Loan Conduit No. 41 DAC, Series 41X, Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS3264759393"/>
          <other otherDesc="Inhouse Asset ID" value="BYDY87G06"/>
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        <balance>1222000.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.75551526"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-23</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.97326735</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>SoFi Consumer Loan Program Trust</name>
        <lei>N/A</lei>
        <title>SoFi Consumer Loan Program Trust, Series 2025-1, Class A</title>
        <cusip>83406YAA9</cusip>
        <identifiers>
          <isin value="US83406YAA91"/>
          <other otherDesc="Inhouse Asset ID" value="83406YAA9"/>
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        <balance>1101056.41000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1103363.23000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.80000000</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>Meridian Funding plc</name>
        <lei>6354007VNVP2YBYBAX64</lei>
        <title>Meridian Funding plc, Series 2025-1, Class D</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS3183184178"/>
          <other otherDesc="Inhouse Asset ID" value="BYDSNK3G2"/>
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        <balance>356000.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.75551526"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2068-02-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.78158540</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>RHP Hotel Properties LP</name>
        <lei>549300SJMSMA2471GA96</lei>
        <title>RHP Hotel Properties LP</title>
        <cusip>749571AJ4</cusip>
        <identifiers>
          <isin value="US749571AJ42"/>
          <other otherDesc="Inhouse Asset ID" value="749571AJ4"/>
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        <balance>384000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>392058.24000000</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>2028-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</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>Nelnet Student Loan Trust</name>
        <lei>N/A</lei>
        <title>Nelnet Student Loan Trust, Series 2021-CA, Class AFL</title>
        <cusip>64035GAA7</cusip>
        <identifiers>
          <isin value="US64035GAA76"/>
          <other otherDesc="Inhouse Asset ID" value="64035GAA7"/>
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        <balance>4450904.18000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4428641.20000000</valUSD>
        <pctVal>0.111265779761</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-04-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.52952000</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>BFLD Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>BFLD Commercial Mortgage Trust, Series 2024-UNIV, Class B</title>
        <cusip>08861RAC5</cusip>
        <identifiers>
          <isin value="US08861RAC51"/>
          <other otherDesc="Inhouse Asset ID" value="08861RAC5"/>
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        <balance>760000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>760237.50000000</valUSD>
        <pctVal>0.019100309648</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-11-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.51460960</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>MFA Trust</name>
        <lei>N/A</lei>
        <title>MFA Trust, Series 2023-INV2, Class A1</title>
        <cusip>59319BAA5</cusip>
        <identifiers>
          <isin value="US59319BAA52"/>
          <other otherDesc="Inhouse Asset ID" value="59319BAA5"/>
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        <balance>1426849.53000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1435197.60000000</valUSD>
        <pctVal>0.036058098379</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-10-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.77499840</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>Polaris plc</name>
        <lei>635400SJNGQKQ4OKRU39</lei>
        <title>Polaris plc, Series 2024-1, Class B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2765488759"/>
          <other otherDesc="Inhouse Asset ID" value="BRYW2XZR1"/>
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        <balance>421000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.75551526"/>
        <valUSD>559672.39000000</valUSD>
        <pctVal>0.014061284730</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-02-26</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.07934000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley Private Bank NA</name>
        <lei>549300GS0W0TEUQS8571</lei>
        <title>Morgan Stanley Private Bank NA</title>
        <cusip>61776NZW6</cusip>
        <identifiers>
          <isin value="US61776NZW63"/>
          <other otherDesc="Inhouse Asset ID" value="61776NZW6"/>
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        <balance>3950000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3888700.07000000</valUSD>
        <pctVal>0.097700225872</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-19</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.46500000</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>Perrigo Finance Unlimited Co.</name>
        <lei>549300E86RB6YCTMRM83</lei>
        <title>Perrigo Finance Unlimited Co.</title>
        <cusip>71429MAD7</cusip>
        <identifiers>
          <isin value="US71429MAD74"/>
          <other otherDesc="Inhouse Asset ID" value="71429MAD7"/>
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        <balance>347000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>316613.50000000</valUSD>
        <pctVal>0.007954640344</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</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>Netflix, Inc.</name>
        <lei>549300Y7VHGU0I7CE873</lei>
        <title>Netflix, Inc.</title>
        <cusip>64110LAS5</cusip>
        <identifiers>
          <isin value="US64110LAS51"/>
          <other otherDesc="Inhouse Asset ID" value="64110LAS5"/>
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        <balance>2330000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2360551.64000000</valUSD>
        <pctVal>0.059306818283</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</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>Perimeter Holdings LLC</name>
        <lei>N/A</lei>
        <title>Perimeter Holdings LLC</title>
        <cusip>71384AAA2</cusip>
        <identifiers>
          <isin value="US71384AAA25"/>
          <other otherDesc="Inhouse Asset ID" value="71384AAA2"/>
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        <balance>611000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>599238.49000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
          <isDefault>N</isDefault>
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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>VICI Properties LP</name>
        <lei>254900X4QE7SGKQLLN38</lei>
        <title>VICI Properties LP</title>
        <cusip>92564RAB1</cusip>
        <identifiers>
          <isin value="US92564RAB15"/>
          <other otherDesc="Inhouse Asset ID" value="92564RAB1"/>
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        <balance>3255000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3200102.99000000</valUSD>
        <pctVal>0.080399819813</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>4.62500000</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>Trinitas CLO XII Ltd.</name>
        <lei>254900G1XMKSN9WBVL66</lei>
        <title>Trinitas CLO XII Ltd., Series 2020-12A, Class A1R2</title>
        <cusip>89641GAY8</cusip>
        <identifiers>
          <isin value="US89641GAY89"/>
          <other otherDesc="Inhouse Asset ID" value="89641GAY8"/>
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        <balance>1666313.77000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1666312.77000000</valUSD>
        <pctVal>0.041864667131</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.71801960</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>Glencore Funding LLC</name>
        <lei>213800STG1QDNBY87K49</lei>
        <title>Glencore Funding LLC</title>
        <cusip>378272AQ1</cusip>
        <identifiers>
          <isin value="US378272AQ19"/>
          <other otherDesc="Inhouse Asset ID" value="378272AQ1"/>
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        <balance>691000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>684002.58000000</valUSD>
        <pctVal>0.017184973219</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</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>Birch Grove CLO 13 Ltd.</name>
        <lei>N/A</lei>
        <title>Birch Grove CLO 13 Ltd., Series 2025-13A, Class A1</title>
        <cusip>09090QAA2</cusip>
        <identifiers>
          <isin value="US09090QAA22"/>
          <other otherDesc="Inhouse Asset ID" value="09090QAA2"/>
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        <balance>3300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3300454.41000000</valUSD>
        <pctVal>0.082921062446</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-10-23</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.46681960</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>Carnival plc</name>
        <lei>4DR1VPDQMHD3N3QW8W95</lei>
        <title>Carnival plc</title>
        <cusip>N/A</cusip>
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          <isin value="XS3111861244"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>LBM Acquisition LLC</name>
        <lei>549300FAEB3VWZL4NI86</lei>
        <title>LBM Acquisition LLC</title>
        <cusip>52109SAB5</cusip>
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          <isin value="US52109SAB51"/>
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        <balance>149000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>129696.54000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TransDigm, Inc.</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TransDigm, Inc.</title>
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          <isin value="US893647BU00"/>
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        <balance>4159000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Empire Communities Corp.</name>
        <lei>549300JM1L6KK2QFP273</lei>
        <title>Empire Communities Corp.</title>
        <cusip>29163VAG8</cusip>
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          <isin value="US29163VAG86"/>
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        <balance>28000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>28114.63000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Amgen, Inc.</name>
        <lei>62QBXGPJ34PQ72Z12S66</lei>
        <title>Amgen, Inc.</title>
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          <isin value="US031162DQ06"/>
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        <balance>208000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>213581.73000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Paychex, Inc.</name>
        <lei>529900K900DW6SUBM174</lei>
        <title>Paychex, Inc.</title>
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          <isin value="US704326AA51"/>
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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>
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          <maturityDt>2030-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.10000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Satus plc</name>
        <lei>213800P7IESQH1HBW693</lei>
        <title>Satus plc, Series 2024-1, Class D</title>
        <cusip>N/A</cusip>
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          <isin value="XS2801109906"/>
          <other otherDesc="Inhouse Asset ID" value="BYD00W9U5"/>
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        <balance>100000.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.75551526"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-17</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Altria Group, Inc.</name>
        <lei>XSGZFLO9YTNO9VCQV219</lei>
        <title>Altria Group, Inc.</title>
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          <isin value="US02209SBQ57"/>
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        <balance>6163000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.20000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Lyra Music Assets Delaware LP</name>
        <lei>9845007N9EAB0C048A12</lei>
        <title>Lyra Music Assets Delaware LP, Series 2025-1A, Class A2</title>
        <cusip>552339AD5</cusip>
        <identifiers>
          <isin value="US552339AD56"/>
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        <balance>1165113.43000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1172115.76000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-09-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.60400000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Turquoise V Trust</name>
        <lei>N/A</lei>
        <title>Turquoise V Trust, Series 2026-1, Class A2</title>
        <cusip>N/A</cusip>
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          <isin value="AU3FN0106563"/>
          <other otherDesc="Inhouse Asset ID" value="BYDXZUT03"/>
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        <balance>1130000.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.44938039"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2067-06-12</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Simmons Foods, Inc.</name>
        <lei>N/A</lei>
        <title>Simmons Foods, Inc.</title>
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          <isin value="US82873MAA18"/>
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        <balance>97000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>93351.44000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Fortuna Consumer Loan Abs DAC</name>
        <lei>635400NBXJLIIDPDLP80</lei>
        <title>Fortuna Consumer Loan Abs DAC, Series 2026-1, Class E</title>
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          <isin value="XS3299545288"/>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-10-18</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>PCL Funding IX plc</name>
        <lei>213800OC928ETRJNHM43</lei>
        <title>PCL Funding IX plc, Series 2024-1, Class A</title>
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          <isin value="XS2809168201"/>
          <other otherDesc="Inhouse Asset ID" value="BYD226VR8"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-16</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>CSMC Trust</name>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-01-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.49999840</annualizedRt>
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        <name>Genesis Energy LP</name>
        <lei>N/A</lei>
        <title>Genesis Energy LP</title>
        <cusip>37185LAS1</cusip>
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          <isin value="US37185LAS16"/>
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        <balance>505000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>APLD ComputeCo LLC</name>
        <lei>N/A</lei>
        <title>APLD ComputeCo LLC</title>
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          <isin value="US00202DAA54"/>
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        <balance>286000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>294672.09000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.25000000</annualizedRt>
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      <invstOrSec>
        <name>Outfront Media Capital LLC</name>
        <lei>5493005WC7J0FDMW0610</lei>
        <title>Outfront Media Capital LLC</title>
        <cusip>69007TAB0</cusip>
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          <isin value="US69007TAB08"/>
          <other otherDesc="Inhouse Asset ID" value="69007TAB0"/>
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        <balance>218000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>217486.09000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>OneMain Finance Corp.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Trestles CLO III Ltd.</name>
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        <name>TGNR Intermediate Holdings LLC</name>
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        <name>Prairie Acquiror LP</name>
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        <name>California Resources Corp.</name>
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        <name>K. Hovnanian Enterprises, Inc.</name>
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        <name>Venture Global LNG, Inc.</name>
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        <name>OneSky Flight LLC</name>
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        <name>Pebblebrook Hotel LP</name>
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        <name>Iliad Holding SAS</name>
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        <title>Maya SAS</title>
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        <name>Sagard-HalseyPoint CLO 10 Ltd.</name>
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        <name>Last Mile Securities PE DAC</name>
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        <name>WEX, Inc.</name>
        <lei>T9M5IGROL1TL1G5OV478</lei>
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        <name>Auto Abs Spanish Loans</name>
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        <name>Equinix Europe 2 Financing Corp. LLC</name>
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        <title>Equinix Europe 2 Financing Corp. LLC</title>
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        <name>Alliant Holdings Intermediate LLC</name>
        <lei>5493006Q26653NF8SI73</lei>
        <title>Alliant Holdings Intermediate LLC</title>
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        <name>Together Asset-Backed Securitisation plc</name>
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        <name>AutoFlorence 2 SRL</name>
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        <name>Goldman Sachs Group, Inc. (The)</name>
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        <name>RTX Corp.</name>
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        <name>Dana, Inc.</name>
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        <name>Gartner, Inc.</name>
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        <name>Wells Fargo &amp; Co.</name>
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      <invstOrSec>
        <name>Beignet Investor LLC</name>
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      <invstOrSec>
        <name>TICP CLO XI Ltd.</name>
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        <name>SC Germany SA Compartment Consumer</name>
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        <invCountry>LU</invCountry>
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        <name>Hops Hill No. 4 plc</name>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Newell Brands, Inc.</name>
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        <name>J.P. Morgan Mortgage Trust</name>
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        <name>Southern Co. (The)</name>
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        <name>Dilosk Rmbs No. 8 Sts DAC</name>
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        <name>Federal National Mortgage Association</name>
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        <name>T-Mobile USA, Inc.</name>
        <lei>549300V2JRLO5DIFGE82</lei>
        <title>T-Mobile USA, Inc.</title>
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        <name>Mauser Packaging Solutions Holding Co.</name>
        <lei>549300DNGHXL0OMHW304</lei>
        <title>Mauser Packaging Solutions Holding Co.</title>
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        <name>Dryden 49 Senior Loan Fund</name>
        <lei>549300VCB8LYR1RGV869</lei>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
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        <name>Ontario Teachers' Finance Trust</name>
        <lei>635400ZZE5J8OXXBBY26</lei>
        <title>Ontario Teachers' Finance Trust</title>
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        <name>Molina Healthcare, Inc.</name>
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        <name>Kodiak Gas Services LLC</name>
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        <name>Black Pearl Compute LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CrossCountry Intermediate HoldCo LLC</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Sabine Pass Liquefaction LLC</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-15</maturityDt>
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        <name>ContourGlobal Power Holdings SA</name>
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        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>CHI Commercial Mortgage Trust</name>
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        <name>NCL Corp. Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Elevance Health, Inc.</name>
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        <name>Cheniere Energy Partners LP</name>
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        <name>BRCK Trust</name>
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        <name>Upgrade Master Pass-Thru Trust</name>
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        <name>Morgan Stanley Capital I Trust</name>
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        <name>JetBlue Airways Corp.</name>
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        <title>JetBlue Airways Corp.</title>
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        <name>CONE Trust</name>
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      <invstOrSec>
        <name>Equinix, Inc.</name>
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      <invstOrSec>
        <name>Expand Energy Corp.</name>
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        <title>Expand Energy Corp.</title>
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      <invstOrSec>
        <name>Velocity Commercial Capital Loan Trust</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
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      <invstOrSec>
        <name>New Residential Mortgage Loan Trust</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Albertsons Cos., Inc.</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Manhattan West Mortgage Trust</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Canpack SA</name>
        <lei>N/A</lei>
        <title>Canpack SA</title>
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        <invCountry>PL</invCountry>
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        <name>Alen Mortgage Trust</name>
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      <invstOrSec>
        <name>Sunrise Spv 98 Srl</name>
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        <name>NGL Energy Operating LLC</name>
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      <invstOrSec>
        <name>Dilosk Rmbs No. 9 DAC</name>
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        <name>United States of America</name>
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        <title>U.S. Treasury Notes</title>
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        <name>Federal National Mortgage Association</name>
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        <title>Uniform Mortgage-Backed Securities</title>
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        <name>BX Commercial Mortgage Trust</name>
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        <name>Star Holding LLC</name>
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        <title>Star Holding LLC</title>
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        <name>Cardiff Auto Receivables Securitisation plc</name>
        <lei>6354006GQBBANLIO8R45</lei>
        <title>Cardiff Auto Receivables Securitisation plc, Series 2024-1, Class D</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Barclays Mortgage Loan Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Jupiter Mortgage No. 1 plc</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Southern Co. (The)</name>
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      <invstOrSec>
        <name>Level 3 Financing, Inc.</name>
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      <invstOrSec>
        <name>Wyndham Hotels &amp; Resorts, Inc.</name>
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      <invstOrSec>
        <name>Equinix, Inc.</name>
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        <title>Equinix, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Enbridge, Inc.</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
        <title>Enbridge, Inc.</title>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>INT Commercial Mortgage Trust</name>
        <lei>N/A</lei>
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          <isin value="US44989YAA64"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Southern California Edison Co.</name>
        <lei>9R1Z5I36FERIBVKW4P77</lei>
        <title>Southern California Edison Co.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>QUALCOMM, Inc.</name>
        <lei>H1J8DDZKZP6H7RWC0H53</lei>
        <title>QUALCOMM, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Iron Mountain, Inc.</name>
        <lei>SQL3F6CKNNBM3SQGHX24</lei>
        <title>Iron Mountain, Inc.</title>
        <cusip>46284VAJ0</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Republic Finance Issuance Trust</name>
        <lei>N/A</lei>
        <title>Republic Finance Issuance Trust, Series 2024-A, Class A</title>
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          <isin value="US76041RAA95"/>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>3138ETBX3</cusip>
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          <isin value="US3138ETBX34"/>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2031-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>Firstmac Mortgage Funding Trust</name>
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        <title>Firstmac Mortgage Funding Trust, Series 2024-4, Class A1</title>
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          <isin value="AU3FN0091799"/>
          <other otherDesc="Inhouse Asset ID" value="BYD9ESEA8"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Forward Foreign Currency Contract</title>
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        <identifiers>
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        <curCd>N/A</curCd>
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        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>BWAY Mortgage Trust</name>
        <lei>N/A</lei>
        <title>BWAY Mortgage Trust, Series 2013-1515, Class C</title>
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          <isin value="US05604FAL94"/>
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        <balance>375000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>342817.20000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.44620000</annualizedRt>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Thermo Fisher Scientific, Inc.</name>
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        <name>Dilosk Rmbs No. 8 Sts DAC</name>
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        <name>Cushman &amp; Wakefield US Borrower LLC</name>
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        <name>CoreWeave, Inc.</name>
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        <name>Federal Home Loan Bank</name>
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        <name>Noria DE</name>
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        <name>Icahn Enterprises LP</name>
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        <name>Enerflex, Inc.</name>
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        <name>Lockheed Martin Corp.</name>
        <lei>DPRBOZP0K5RM2YE8UU08</lei>
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        <name>Alpha Generation LLC</name>
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        <name>Rockford Tower CLO Ltd.</name>
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        <invCountry>KY</invCountry>
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        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <name>Chobani LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Goodyear Tire &amp; Rubber Co. (The)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>1011778 BC ULC</name>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Lagarino European Loan Conduit No. 40 DAC</name>
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          <isin value="XS3121136868"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Newday Funding Master Issuer plc</name>
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          <isin value="XS2834467602"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Vallourec SACA</name>
        <lei>969500P2Q1B47H4MCJ34</lei>
        <title>Vallourec SACA</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Tenet Healthcare Corp.</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
        <title>Tenet Healthcare Corp.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-06-15</maturityDt>
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        <name>ADT Security Corp. (The)</name>
        <lei>5493009JEEDYLVRA0J13</lei>
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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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        <name>CIM Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Oracle Corp.</name>
        <lei>1Z4GXXU7ZHVWFCD8TV52</lei>
        <title>Oracle Corp.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fortrea Holdings, Inc.</name>
        <lei>5493000FIVFABOVCDU97</lei>
        <title>Fortrea Holdings, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Enterprise Fleet Financing LLC</name>
        <lei>N/A</lei>
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          <maturityDt>2030-09-20</maturityDt>
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      <invstOrSec>
        <name>Community Health Systems, Inc.</name>
        <lei>5493007X5NC5XI1BB106</lei>
        <title>Community Health Systems, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-15</maturityDt>
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      <invstOrSec>
        <name>Fortuna Consumer Loan Abs DAC</name>
        <lei>635400NBXJLIIDPDLP80</lei>
        <title>Fortuna Consumer Loan Abs DAC, Series 2026-1, Class C</title>
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        <invCountry>IE</invCountry>
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        <name>Youni Italy SRL</name>
        <lei>8156008D82FF6A71F833</lei>
        <title>Youni Italy SRL, Series 2024-1, Class B</title>
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          <isin value="IT0005593360"/>
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        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
          <maturityDt>2034-04-25</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>National Rural Utilities Cooperative Finance Corp.</name>
        <lei>4NYF266XZC35SCTGX023</lei>
        <title>National Rural Utilities Cooperative Finance Corp.</title>
        <cusip>63743HFW7</cusip>
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        <balance>1057000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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        <name>NYC Commercial Mortgage Trust</name>
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      <invstOrSec>
        <name>Spire, Inc.</name>
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        <name>WR Grace Holdings LLC</name>
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        <name>Ardagh Group SA</name>
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      <invstOrSec>
        <name>Citigroup, Inc.</name>
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        <name>Melco Resorts Finance Ltd.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Novartis Capital Corp.</name>
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        <name>Neptune Bidco US, Inc.</name>
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        <name>Together Asset-Backed Securitisation plc</name>
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        <name>Ryder System, Inc.</name>
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        <name>Sealed Air Corp.</name>
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        <name>TAGUS - Sociedade de Titularizacao de Creditos SA</name>
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        <name>Rocket Cos., Inc.</name>
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        <name>J.P. Morgan Mortgage Trust</name>
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        <name>N/A</name>
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        <name>Fifth Third Bancorp</name>
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        <name>Mosaic Solar Loan Trust</name>
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        <name>HAH Group Holding Co. LLC</name>
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      <invstOrSec>
        <name>Expand Energy Corp.</name>
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        <name>Compartment BL Consumer Credit</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Brignole Co.</name>
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        <name>N/A</name>
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        <name>Harben Finance</name>
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      <invstOrSec>
        <name>Barley Hill No. 2 plc</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
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        <name>COLT Mortgage Loan Trust</name>
        <lei>N/A</lei>
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        <name>Moog, Inc.</name>
        <lei>549300WM2I4U7OBAHG07</lei>
        <title>Moog, Inc.</title>
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        <name>First Quantum Minerals Ltd.</name>
        <lei>549300I7UVBGWRYMYZ18</lei>
        <title>First Quantum Minerals Ltd.</title>
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        <name>N/A</name>
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        <name>Anchorage Capital CLO 15 Ltd.</name>
        <lei>549300H5Q0HJ2EHSSX26</lei>
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        <invCountry>KY</invCountry>
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        <name>Domi</name>
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        <name>Wynn Resorts Finance LLC</name>
        <lei>N/A</lei>
        <title>Wynn Resorts Finance LLC</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>1261229 BC Ltd.</name>
        <lei>N/A</lei>
        <title>1261229 BC Ltd.</title>
        <cusip>68288AAA5</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

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        <name>Goldman Sachs Group, Inc. (The)</name>
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        <name>Pfizer Investment Enterprises Pte. Ltd.</name>
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        <name>Micron Technology, Inc.</name>
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        <name>Olympus Water US Holding Corp.</name>
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        <name>GreenSky Home Improvement Issuer Trust</name>
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        <name>College Avenue Student Loans LLC</name>
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        <name>UK Logistics DAC</name>
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        <name>Northern Oil &amp; Gas, Inc.</name>
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        <name>Philip Morris International, Inc.</name>
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        <name>United States of America</name>
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        <name>Dominion Energy, Inc.</name>
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        <name>SM Energy Co.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Churchill Downs, Inc.</name>
        <lei>529900FODTBQC8MIS994</lei>
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        <name>Rand Parent LLC</name>
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        <name>Arroyo Mortgage Trust</name>
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        <name>Satus plc</name>
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      <invstOrSec>
        <name>Duke Energy Corp.</name>
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        <name>Freedom Mortgage Holdings LLC</name>
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      <invstOrSec>
        <name>SLM Corp.</name>
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        <name>Meridian Funding plc</name>
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        <name>Amgen, Inc.</name>
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        <title>Amgen, Inc.</title>
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        <name>Discovery Communications LLC</name>
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        <name>Advanced Drainage Systems, Inc.</name>
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        <name>Ford Motor Credit Co. LLC</name>
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        <name>TAGUS-Sociedade de Titularizacao de Creditos SA</name>
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        <name>UBS Group AG</name>
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        <invCountry>CH</invCountry>
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        <name>BAT Capital Corp.</name>
        <lei>2138005GYEXN7XRHFA84</lei>
        <title>BAT Capital Corp.</title>
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      <invstOrSec>
        <name>BHG Securitization Trust</name>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Polaris plc</name>
        <lei>635400SJNGQKQ4OKRU39</lei>
        <title>Polaris plc, Series 2024-1, Class E</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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      </invstOrSec>
      <invstOrSec>
        <name>Permanent Master Issuer plc</name>
        <lei>213800MVYG7MLQM2LF25</lei>
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        <cusip>N/A</cusip>
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          <isin value="XS2737046040"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2073-07-15</maturityDt>
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      <invstOrSec>
        <name>Tenet Healthcare Corp.</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
        <title>Tenet Healthcare Corp.</title>
        <cusip>88033GDU1</cusip>
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        <balance>1559000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1593505.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>MIC Trust (The)</name>
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          <isin value="US87256GAA04"/>
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        <balance>4480000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4767659.90000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>8.43660000</annualizedRt>
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      <invstOrSec>
        <name>Hess Midstream Operations LP</name>
        <lei>N/A</lei>
        <title>Hess Midstream Operations LP</title>
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          <isin value="US428102AG28"/>
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        <balance>143000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>146078.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>T-Mobile USA, Inc.</name>
        <lei>549300V2JRLO5DIFGE82</lei>
        <title>T-Mobile USA, Inc.</title>
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          <isin value="US87264ADE29"/>
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        <balance>922000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>932680.72000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-15</maturityDt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Hops Hill No. 4 plc</name>
        <lei>6354008RKIF9MECMNJ80</lei>
        <title>Hops Hill No. 4 plc, Series 4, Class A</title>
        <cusip>N/A</cusip>
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          <isin value="XS2802115167"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-04-21</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Osaic Holdings, Inc.</name>
        <lei>549300XL60BDV6UW5C86</lei>
        <title>Osaic Holdings, Inc.</title>
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          <isin value="US00791GAB32"/>
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        <balance>380000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>380047.46000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Amentum Holdings, Inc.</name>
        <lei>2549009FJIBLW40CU216</lei>
        <title>Amentum Holdings, Inc.</title>
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          <isin value="US02352BAA35"/>
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        <balance>147000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>152117.07000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Winchester 1 plc</name>
        <lei>213800AWJGG72JJNBW66</lei>
        <title>Winchester 1 plc, Series 1, Class D</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2871780776"/>
          <other otherDesc="Inhouse Asset ID" value="BYD9V0833"/>
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        <balance>100000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-10-21</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>ARES Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>ARES Commercial Mortgage Trust, Series 2026-AZURE, Class C</title>
        <cusip>03990QAE8</cusip>
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          <isin value="US03990QAE89"/>
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        <balance>420000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>420000.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-03-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.55000120</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Hill FL</name>
        <lei>7245006MK9ZZTYTYIQ03</lei>
        <title>Hill FL BV, Series 2024-1FL, Class B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2744967899"/>
          <other otherDesc="Inhouse Asset ID" value="BRYUGL326"/>
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        <balance>119416.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.86516416"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Aptiv Swiss Holdings Ltd.</name>
        <lei>N/A</lei>
        <title>Aptiv Swiss Holdings Ltd.</title>
        <cusip>03837AAA8</cusip>
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          <isin value="US03837AAA88"/>
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        <balance>4075000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Trivium Packaging Finance BV</name>
        <lei>724500GMZWW3PVYET548</lei>
        <title>Trivium Packaging Finance BV</title>
        <cusip>N/A</cusip>
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          <isin value="XS3080736617"/>
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        <balance>100000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.86516416"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>OneMain Finance Corp.</name>
        <lei>5493008I795YYBFWFU90</lei>
        <title>OneMain Finance Corp.</title>
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          <isin value="US682691AJ99"/>
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        <balance>152000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FNA VI LLC</name>
        <lei>N/A</lei>
        <title>FNA VI LLC, Series 2021-1A, Class A</title>
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          <isin value="US34411YAA55"/>
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        <balance>101239.82000000</balance>
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        <curCd>USD</curCd>
        <valUSD>94198.17000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.35000000</annualizedRt>
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      <invstOrSec>
        <name>Playtika Holding Corp.</name>
        <lei>254900E35Z4TKA4UFG64</lei>
        <title>Playtika Holding Corp.</title>
        <cusip>72815LAA5</cusip>
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        <balance>28000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>21848.40000000</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>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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      <invstOrSec>
        <name>APH Somerset Investor 2 LLC</name>
        <lei>N/A</lei>
        <title>APH Somerset Investor 2 LLC</title>
        <cusip>00188QAA4</cusip>
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        <balance>199000.00000000</balance>
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        <name>Newell Brands, Inc.</name>
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        <name>Block, Inc.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Service Corp. International</name>
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        <name>Mill City Mortgage Loan Trust</name>
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        <name>Capital One Multi-Asset Execution Trust</name>
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        <name>Goldman Sachs Group, Inc. (The)</name>
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        <name>Republic of South Africa</name>
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        <name>Standard Industries, Inc.</name>
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        <name>Anywhere Real Estate Group LLC</name>
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        <name>Navistar Financial Dealer Note Master Owner Trust</name>
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        <name>Fair Isaac Corp.</name>
        <lei>RI6HET5SJUEY30V1PS26</lei>
        <title>Fair Isaac Corp.</title>
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      </invstOrSec>
      <invstOrSec>
        <name>J.P. Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>J.P. Morgan Mortgage Trust, Series 2021-3, Class A12</title>
        <cusip>46592KBH4</cusip>
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          <isin value="US46592KBH41"/>
          <other otherDesc="Inhouse Asset ID" value="46592KBH4"/>
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        <balance>6818250.89000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6827951.22000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.50000080</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>T-Mobile USA, Inc.</name>
        <lei>549300V2JRLO5DIFGE82</lei>
        <title>T-Mobile USA, Inc.</title>
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          <isin value="US87264ABV61"/>
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        <balance>5165000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5005519.93000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Forward Foreign Currency Contract</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Inhouse Asset ID" value="442775"/>
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        <balance>1.00000000</balance>
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        <curCd>N/A</curCd>
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        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>Wells Fargo Bank</counterpartyName>
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            <amtCurSold>178000.00000000</amtCurSold>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Newbridge Park CLO DAC</name>
        <lei>635400MHBRLQFZ1CYD71</lei>
        <title>Newbridge Park CLO DAC, Series 1X, Class A</title>
        <cusip>N/A</cusip>
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          <isin value="XS3272252787"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-04-15</maturityDt>
          <couponKind>Floating</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Merck &amp; Co., Inc.</name>
        <lei>4YV9Y5M8S0BRK1RP0397</lei>
        <title>Merck &amp; Co., Inc.</title>
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          <isin value="US58933YBX22"/>
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        <balance>2850000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.15000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>3138E0SE0</cusip>
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          <isin value="US3138E0SE06"/>
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        <balance>1126.91970000</balance>
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        <curCd>USD</curCd>
        <valUSD>1120.20000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Crown Castle, Inc.</name>
        <lei>54930012H97VSM0I2R19</lei>
        <title>Crown Castle, Inc.</title>
        <cusip>22822VAV3</cusip>
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          <isin value="US22822VAV36"/>
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        <balance>3027000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2997980.51000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DK Trust</name>
        <lei>N/A</lei>
        <title>DK Trust, Series 2025-LXP, Class C</title>
        <cusip>23292LAE2</cusip>
        <identifiers>
          <isin value="US23292LAE20"/>
          <other otherDesc="Inhouse Asset ID" value="23292LAE2"/>
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        <balance>1261000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1261000.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-08-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>SLM Private Credit Student Loan Trust</name>
        <lei>549300ZTEFT8CS12SF95</lei>
        <title>SLM Private Credit Student Loan Trust, Series 2005-A, Class A4</title>
        <cusip>78443CBV5</cusip>
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          <isin value="US78443CBV54"/>
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        <curCd>USD</curCd>
        <valUSD>2400961.21000000</valUSD>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-12-15</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>UPX HIL Issuer Trust</name>
        <lei>N/A</lei>
        <title>UPX HIL Issuer Trust, Series 2025-1, Class A</title>
        <cusip>916925AA8</cusip>
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          <isin value="US916925AA80"/>
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        <balance>1597076.74000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1590446.80000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.16000000</annualizedRt>
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      <invstOrSec>
        <name>Sultanate of Oman</name>
        <lei>549300SZ20F0QTKNQC75</lei>
        <title>Oman Government Bond</title>
        <cusip>68205LAD5</cusip>
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          <isin value="US68205LAD55"/>
          <other otherDesc="Inhouse Asset ID" value="68205LAD5"/>
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        <balance>3500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3594115.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>OM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Youni Italy SRL</name>
        <lei>8156008D82FF6A71F833</lei>
        <title>Youni Italy SRL, Series 2024-1, Class A</title>
        <cusip>N/A</cusip>
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          <isin value="IT0005593352"/>
          <other otherDesc="Inhouse Asset ID" value="BYD086B31"/>
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        <balance>268842.84520000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.86516416"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>2.81999880</annualizedRt>
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      <invstOrSec>
        <name>Birch Grove CLO 3 Ltd.</name>
        <lei>N/A</lei>
        <title>Birch Grove CLO 3 Ltd., Series 2021-3A, Class A1R</title>
        <cusip>09076VAQ4</cusip>
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        <balance>1940000.00000000</balance>
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        <valUSD>1938276.12000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-19</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.92762960</annualizedRt>
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      <invstOrSec>
        <name>UWM Mortgage Trust</name>
        <lei>N/A</lei>
        <title>UWM Mortgage Trust, Series 2021-INV5, Class A10</title>
        <cusip>90355DAT0</cusip>
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          <isin value="US90355DAT00"/>
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        <balance>4247795.44130000</balance>
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        <curCd>USD</curCd>
        <valUSD>4149161.63000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-01-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000040</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Kodiak Gas Services LLC</name>
        <lei>549300ZQBRWEUOVOM131</lei>
        <title>Kodiak Gas Services LLC</title>
        <cusip>50012LAE4</cusip>
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          <isin value="US50012LAE48"/>
          <other otherDesc="Inhouse Asset ID" value="50012LAE4"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>66034.28000000</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>2035-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>New Enterprise Stone &amp; Lime Co., Inc.</name>
        <lei>549300O5DQ5Y61B8VF38</lei>
        <title>New Enterprise Stone &amp; Lime Co., Inc.</title>
        <cusip>644274AH5</cusip>
        <identifiers>
          <isin value="US644274AH54"/>
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        <balance>111000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>109356.63000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</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>Prodigy Finance DAC</name>
        <lei>635400HTAZNW3LYYMQ40</lei>
        <title>Prodigy Finance DAC, Series 2021-1A, Class A</title>
        <cusip>742855AA7</cusip>
        <identifiers>
          <isin value="US742855AA76"/>
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        <name>Federal Farm Credit Banks</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal Farm Credit Banks</name>
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        <name>Caisse d'Amortissement de la Dette Sociale</name>
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        <fairValLevel>2</fairValLevel>
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        <name>East One plc</name>
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        <name>Brink's Co. (The)</name>
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        <name>Federal National Mortgage Association</name>
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        <name>CACI International, Inc.</name>
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        <name>Diversified Healthcare Trust</name>
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        <name>ION Platform Finance US, Inc.</name>
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        <name>Watco Cos. LLC</name>
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        <name>Public Service Enterprise Group, Inc.</name>
        <lei>PUSS41EMO3E6XXNV3U28</lei>
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        <name>Chart Industries, Inc.</name>
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        <name>Pound Sterling</name>
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        <name>BX Commercial Mortgage Trust</name>
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        <name>Honeywell Aerospace, Inc.</name>
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        <name>Foundation Finance Trust</name>
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        <name>Hill FL</name>
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        <name>ELFI Graduate Loan Program LLC</name>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-08-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.51000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Towd Point Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Towd Point Mortgage Trust, Series 2018-6, Class A1A</title>
        <cusip>89176LAA2</cusip>
        <identifiers>
          <isin value="US89176LAA26"/>
          <other otherDesc="Inhouse Asset ID" value="89176LAA2"/>
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        <balance>820238.41120000</balance>
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        <curCd>USD</curCd>
        <valUSD>816719.34000000</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>2058-03-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.75000120</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dream Finders Homes, Inc.</name>
        <lei>N/A</lei>
        <title>Dream Finders Homes, Inc.</title>
        <cusip>26154DAA8</cusip>
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          <isin value="US26154DAA81"/>
          <other otherDesc="Inhouse Asset ID" value="26154DAA8"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>45724.22000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.25000000</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>FCT Noria</name>
        <lei>N/A</lei>
        <title>FCT Noria, Series 2025-1, Class C</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0014010T15"/>
          <other otherDesc="Inhouse Asset ID" value="BYDMNBN65"/>
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        <balance>200000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.86516416"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.08999880</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>INV Mortgage Trust</name>
        <lei>N/A</lei>
        <title>INV Mortgage Trust, Series 2024-IND, Class A</title>
        <cusip>45000DAA4</cusip>
        <identifiers>
          <isin value="US45000DAA46"/>
          <other otherDesc="Inhouse Asset ID" value="45000DAA4"/>
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        <balance>1580000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1559262.50000000</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>2041-11-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.41441080</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</name>
        <lei>N/A</lei>
        <title>BRAVO Residential Funding Trust, Series 2023-NQM6, Class A1</title>
        <cusip>10569DAA1</cusip>
        <identifiers>
          <isin value="US10569DAA19"/>
          <other otherDesc="Inhouse Asset ID" value="10569DAA1"/>
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        <balance>2720060.25000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2726443.42000000</valUSD>
        <pctVal>0.068499532791</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2063-09-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.60200040</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>Wells Fargo Mortgage Backed Securities Trust</name>
        <lei>N/A</lei>
        <title>Wells Fargo Mortgage Backed Securities Trust, Series 2019-4, Class A2</title>
        <cusip>95002FAB0</cusip>
        <identifiers>
          <isin value="US95002FAB04"/>
          <other otherDesc="Inhouse Asset ID" value="95002FAB0"/>
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        <balance>610460.71000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>533884.27000000</valUSD>
        <pctVal>0.013413380520</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-09-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.99999880</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>Pony SA</name>
        <lei>2221001FWHVHKUW4NQ77</lei>
        <title>Pony SA, Series 2024-1, Class C</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2845211296"/>
          <other otherDesc="Inhouse Asset ID" value="BYD3S64V9"/>
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        <balance>81975.73000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86516416"/>
        <valUSD>94880.70000000</valUSD>
        <pctVal>0.002383795523</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-14</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.13999920</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>Medline Borrower LP</name>
        <lei>254900QT3R363TVK6F09</lei>
        <title>Medline Borrower LP</title>
        <cusip>62482BAB8</cusip>
        <identifiers>
          <isin value="US62482BAB80"/>
          <other otherDesc="Inhouse Asset ID" value="62482BAB8"/>
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        <balance>1990000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1972474.67000000</valUSD>
        <pctVal>0.049556720065</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</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>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>3140X6BM2</cusip>
        <identifiers>
          <isin value="US3140X6BM21"/>
          <other otherDesc="Inhouse Asset ID" value="3140X6BM2"/>
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        <balance>495070.11880000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>480989.27000000</valUSD>
        <pctVal>0.012084439394</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</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>CSMC Trust</name>
        <lei>N/A</lei>
        <title>CSMC Trust, Series 2021-BHAR, Class C</title>
        <cusip>12659VAJ9</cusip>
        <identifiers>
          <isin value="US12659VAJ98"/>
          <other otherDesc="Inhouse Asset ID" value="12659VAJ9"/>
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        <balance>2500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2466736.50000000</valUSD>
        <pctVal>0.061974621050</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-11-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.78747880</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>Altria Group, Inc.</name>
        <lei>XSGZFLO9YTNO9VCQV219</lei>
        <title>Altria Group, Inc.</title>
        <cusip>02209SBU6</cusip>
        <identifiers>
          <isin value="US02209SBU69"/>
          <other otherDesc="Inhouse Asset ID" value="02209SBU6"/>
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        <balance>4096000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4078301.39000000</valUSD>
        <pctVal>0.102463795048</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</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>Performance Food Group, Inc.</name>
        <lei>549300OMUOGBYK0FFO76</lei>
        <title>Performance Food Group, Inc.</title>
        <cusip>71376LAH3</cusip>
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          <isin value="US71376LAH33"/>
          <other otherDesc="Inhouse Asset ID" value="71376LAH3"/>
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        <balance>571000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>550725.16000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</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>BAT Capital Corp.</name>
        <lei>2138005GYEXN7XRHFA84</lei>
        <title>BAT Capital Corp.</title>
        <cusip>05526DBJ3</cusip>
        <identifiers>
          <isin value="US05526DBJ37"/>
          <other otherDesc="Inhouse Asset ID" value="05526DBJ3"/>
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        <balance>3673000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3653760.90000000</valUSD>
        <pctVal>0.091797582427</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.21500000</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>MMAF Equipment Finance LLC</name>
        <lei>N/A</lei>
        <title>MMAF Equipment Finance LLC, Series 2024-A, Class A3</title>
        <cusip>55318CAC8</cusip>
        <identifiers>
          <isin value="US55318CAC82"/>
          <other otherDesc="Inhouse Asset ID" value="55318CAC8"/>
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        <balance>1795794.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1812807.17000000</valUSD>
        <pctVal>0.045545212226</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.95000000</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>Millrose Properties, Inc.</name>
        <lei>N/A</lei>
        <title>Millrose Properties, Inc.</title>
        <cusip>601137AB8</cusip>
        <identifiers>
          <isin value="US601137AB81"/>
          <other otherDesc="Inhouse Asset ID" value="601137AB8"/>
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        <balance>448000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>439760.29000000</valUSD>
        <pctVal>0.011048596931</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</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>Veritiv Operating Co.</name>
        <lei>5493004G8OK5L1UTIY12</lei>
        <title>Veritiv Operating Co.</title>
        <cusip>92339LAA0</cusip>
        <identifiers>
          <isin value="US92339LAA08"/>
          <other otherDesc="Inhouse Asset ID" value="92339LAA0"/>
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        <balance>78000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>81061.34000000</valUSD>
        <pctVal>0.002036596056</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.50000000</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>Golden Bar Securitisation Srl</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Starwood Property Trust, Inc.</name>
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        <name>Exmoor Funding plc</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Jubilee Place BV</name>
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        <name>Boeing Co. (The)</name>
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        <name>American Airlines, Inc.</name>
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        <name>Frontier Communications Holdings LLC</name>
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        <name>Getty Images, Inc.</name>
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        <name>J.P. Morgan Mortgage Trust</name>
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        <name>Station Casinos LLC</name>
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        <name>J.P. Morgan Chase Commercial Mortgage Securities Trust</name>
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        <name>VICI Properties LP</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Netflix, Inc.</name>
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        <title>Netflix, Inc.</title>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Massachusetts Educational Financing Authority</name>
        <lei>5493007K5OP7V6CL0Y88</lei>
        <title>Massachusetts Educational Financing Authority, Series 2024A</title>
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          <isin value="US57563RTX79"/>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-07-01</maturityDt>
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      </invstOrSec>
      <invstOrSec>
        <name>CSTL Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>CSTL Commercial Mortgage Trust, Series 2026-GATE3, Class E</title>
        <cusip>228920AJ3</cusip>
        <identifiers>
          <isin value="US228920AJ37"/>
          <other otherDesc="Inhouse Asset ID" value="228920AJ3"/>
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        <balance>1510000.00000000</balance>
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        <valUSD>1491495.10000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-02-10</maturityDt>
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      <invstOrSec>
        <name>Constellium SE</name>
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        <title>Constellium SE</title>
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        <balance>637000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FCT Noria</name>
        <lei>N/A</lei>
        <title>FCT Noria, Series 2025-1, Class B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0014010T07"/>
          <other otherDesc="Inhouse Asset ID" value="BYDMNBLC4"/>
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        <balance>400000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.86516416"/>
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        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.84000040</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Castell plc</name>
        <lei>2138002O8DSFIQGKRU14</lei>
        <title>Castell plc, Series 2025-1, Class A</title>
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        <identifiers>
          <isin value="XS3050710212"/>
          <other otherDesc="Inhouse Asset ID" value="BYDJG5XS4"/>
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        <balance>718393.84000000</balance>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>4.69899905</annualizedRt>
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      <invstOrSec>
        <name>ARES Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>ARES Commercial Mortgage Trust, Series 2026-AZURE, Class B</title>
        <cusip>03990QAC2</cusip>
        <identifiers>
          <isin value="US03990QAC24"/>
          <other otherDesc="Inhouse Asset ID" value="03990QAC2"/>
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        <balance>1035000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1035000.00000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-03-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.24999880</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>RTX Corp.</name>
        <lei>I07WOS4YJ0N7YRFE7309</lei>
        <title>RTX Corp.</title>
        <cusip>75513ECH2</cusip>
        <identifiers>
          <isin value="US75513ECH27"/>
          <other otherDesc="Inhouse Asset ID" value="75513ECH2"/>
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        <balance>2522000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2504087.75000000</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>2027-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</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>Deluxe Corp.</name>
        <lei>KWGNKB8TX9LE5TV29231</lei>
        <title>Deluxe Corp.</title>
        <cusip>248019AW1</cusip>
        <identifiers>
          <isin value="US248019AW14"/>
          <other otherDesc="Inhouse Asset ID" value="248019AW1"/>
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        <balance>56000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>58132.70000000</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>2029-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.12500000</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>
      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Federal Home Loan Mortgage Corp. Variable Rate Notes, Series 5478, Class FH</title>
        <cusip>3137HHSE2</cusip>
        <identifiers>
          <isin value="US3137HHSE22"/>
          <other otherDesc="Inhouse Asset ID" value="3137HHSE2"/>
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        <balance>6555075.34000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6611624.01000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.11189920</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Foundation Finance Trust</name>
        <lei>N/A</lei>
        <title>Foundation Finance Trust, Series 2024-1A, Class B</title>
        <cusip>349941AB0</cusip>
        <identifiers>
          <isin value="US349941AB00"/>
          <other otherDesc="Inhouse Asset ID" value="349941AB0"/>
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        <balance>379552.54000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>388000.09000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.95000000</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>Churchill Downs, Inc.</name>
        <lei>529900FODTBQC8MIS994</lei>
        <title>Churchill Downs, Inc.</title>
        <cusip>171484AG3</cusip>
        <identifiers>
          <isin value="US171484AG30"/>
          <other otherDesc="Inhouse Asset ID" value="171484AG3"/>
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        <balance>987000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>985741.77000000</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>2027-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</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>Compass Datacenters Issuer II LLC</name>
        <lei>N/A</lei>
        <title>Compass Datacenters Issuer II LLC, Series 2025-2A, Class A1</title>
        <cusip>20469CAE5</cusip>
        <identifiers>
          <isin value="US20469CAE57"/>
          <other otherDesc="Inhouse Asset ID" value="20469CAE5"/>
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        <balance>1504000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1480219.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-11-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.92600000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Nelnet Student Loan Trust</name>
        <lei>N/A</lei>
        <title>Nelnet Student Loan Trust, Series 2025-BA, Class D</title>
        <cusip>64032BAE3</cusip>
        <identifiers>
          <isin value="US64032BAE39"/>
          <other otherDesc="Inhouse Asset ID" value="64032BAE3"/>
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        <balance>1425000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1401701.68000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-05-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.04000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NRTH Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>NRTH Commercial Mortgage Trust, Series 2025-PARK, Class A</title>
        <cusip>669985AA1</cusip>
        <identifiers>
          <isin value="US669985AA17"/>
          <other otherDesc="Inhouse Asset ID" value="669985AA1"/>
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        <balance>1400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1398688.20000000</valUSD>
        <pctVal>0.035140831281</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-10-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.06577960</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>Romania</name>
        <lei>315700IASY927EDWBK92</lei>
        <title>Romania Government Bond</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2434895988"/>
          <other otherDesc="Inhouse Asset ID" value="BRWXL7VM2"/>
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        <balance>3700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3623225.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</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>1011778 BC ULC</name>
        <lei>549300RHSHNRWI5LLA86</lei>
        <title>1011778 BC ULC</title>
        <cusip>68245XAH2</cusip>
        <identifiers>
          <isin value="US68245XAH26"/>
          <other otherDesc="Inhouse Asset ID" value="68245XAH2"/>
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        <balance>310000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>303018.49000000</valUSD>
        <pctVal>0.007613077476</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</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>Churchill Downs, Inc.</name>
        <lei>529900FODTBQC8MIS994</lei>
        <title>Churchill Downs, Inc.</title>
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        <name>Metro Finance Trust</name>
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        <name>Towd Point Mortgage Trust</name>
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        <name>NextEra Energy Capital Holdings, Inc.</name>
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        <name>Starz Capital Holdings 1, Inc.</name>
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        <name>Diamond Foreign Asset Co.</name>
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        <name>Elevance Health, Inc.</name>
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        <name>Truist Financial Corp.</name>
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        <name>Uber Technologies, Inc.</name>
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        <name>Pfizer, Inc.</name>
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        <name>One New York Plaza Trust</name>
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        <name>Regatta 30 Funding Ltd.</name>
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        <name>TransDigm, Inc.</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
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        <name>Oracle Corp.</name>
        <lei>1Z4GXXU7ZHVWFCD8TV52</lei>
        <title>Oracle Corp.</title>
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        <invCountry>US</invCountry>
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        <name>GFL Environmental, Inc.</name>
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      <invstOrSec>
        <name>NTT Finance Corp.</name>
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      <invstOrSec>
        <name>BX Commercial Mortgage Trust</name>
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      <invstOrSec>
        <name>TransAlta Corp.</name>
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        <name>Hilcorp Energy I LP</name>
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      <invstOrSec>
        <name>AbbVie, Inc.</name>
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        <name>APLD ComputeCo 2 LLC</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NY Commercial Mortgage Trust</name>
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        <name>Community Health Systems, Inc.</name>
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        <name>Elevance Health, Inc.</name>
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        <name>NCL Corp. Ltd.</name>
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      <invstOrSec>
        <name>Elmwood CLO 26 Ltd.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Panorama Auto Trust</name>
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      <invstOrSec>
        <name>Caesars Entertainment, Inc.</name>
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        <title>Caesars Entertainment, Inc.</title>
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      <invstOrSec>
        <name>Blackstone Mortgage Trust, Inc.</name>
        <lei>549300OLDJ20R2Y2UW20</lei>
        <title>Blackstone Mortgage Trust, Inc.</title>
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      <invstOrSec>
        <name>Whitebox CLO I Ltd.</name>
        <lei>549300E4AC0513DYO913</lei>
        <title>Whitebox CLO I Ltd., Series 2019-1A, Class A1R3</title>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-01-24</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Park Intermediate Holdings LLC</name>
        <lei>549300HJUVLG7EAGZV92</lei>
        <title>Park Intermediate Holdings LLC</title>
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          <isin value="US70052LAD55"/>
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        <balance>382000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>386677.21000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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      <invstOrSec>
        <name>Mila BV</name>
        <lei>7245000GAIRCK7Y7VJ68</lei>
        <title>Mila BV, Series 2024-1, Class C</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2822524737"/>
          <other otherDesc="Inhouse Asset ID" value="BYD2NPCS2"/>
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        <balance>71928.85970000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.86516416"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-09-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.39000120</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TransDigm, Inc.</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TransDigm, Inc.</title>
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          <isin value="US893647BY22"/>
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        <balance>232000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>230763.05000000</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>2033-05-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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          <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</title>
        <cusip>29273VAZ3</cusip>
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          <isin value="US29273VAZ31"/>
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        <balance>3105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3172906.10000000</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>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Twin Bridges plc</name>
        <lei>213800NWP6K9BKT6DF77</lei>
        <title>Twin Bridges plc, Series 2021-2, Class C</title>
        <cusip>N/A</cusip>
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          <isin value="XS2385634881"/>
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        <balance>435000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-09-12</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.88467820</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Navient Corp.</name>
        <lei>54930067J0ZNOEBRW338</lei>
        <title>Navient Corp.</title>
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          <isin value="US63938CAQ15"/>
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        <balance>376000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>335221.88000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bank of America Corp.</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>Bank of America Corp.</title>
        <cusip>06051GJZ3</cusip>
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          <isin value="US06051GJZ37"/>
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        <balance>305000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>290189.18000000</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>2029-06-14</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.08700000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Waste Pro USA, Inc.</name>
        <lei>549300BY1QXU5BI3UF28</lei>
        <title>Waste Pro USA, Inc.</title>
        <cusip>94107JAC7</cusip>
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          <isin value="US94107JAC71"/>
          <other otherDesc="Inhouse Asset ID" value="94107JAC7"/>
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        <balance>749000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>757427.00000000</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>2033-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Tower Bridge Funding plc</name>
        <lei>213800RFTUPOIEPDEP07</lei>
        <title>Tower Bridge Funding plc, Series 2026-1, Class A</title>
        <cusip>N/A</cusip>
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          <isin value="XS3249732655"/>
          <other otherDesc="Inhouse Asset ID" value="BYDX0F5G5"/>
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        <balance>816000.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.75551526"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2073-01-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.50292105</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Boots Group Finco LP</name>
        <lei>254900YVLYOVF1PF1N93</lei>
        <title>Boots Group Finco LP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS3134602740"/>
          <other otherDesc="Inhouse Asset ID" value="BYDMYABZ4"/>
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        <balance>165000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>VoltaGrid LLC</name>
        <lei>254900R5BEUGIKK1FM03</lei>
        <title>VoltaGrid LLC</title>
        <cusip>92874BAA3</cusip>
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          <isin value="US92874BAA35"/>
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        <balance>1502000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1551279.12000000</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>7.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BHMS Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>BHMS Commercial Mortgage Trust, Series 2025-ATLS, Class A</title>
        <cusip>088928AA4</cusip>
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          <isin value="US088928AA44"/>
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        <balance>2946000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-08-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>BX Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>BX Commercial Mortgage Trust, Series 2026-VLT9, Class A</title>
        <cusip>05618UAA4</cusip>
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          <isin value="US05618UAA43"/>
          <other otherDesc="Inhouse Asset ID" value="05618UAA4"/>
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        <balance>4301000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4280181.44000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-03-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.37251040</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Charter Communications Operating LLC</name>
        <lei>549300TPZNMN50BJ3745</lei>
        <title>Charter Communications Operating LLC</title>
        <cusip>161175CQ5</cusip>
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          <isin value="US161175CQ56"/>
          <other otherDesc="Inhouse Asset ID" value="161175CQ5"/>
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        <balance>6700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6940203.11000000</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>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.10000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>New Residential Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>New Residential Mortgage Loan Trust, Series 2018-1A, Class A1A</title>
        <cusip>64830GAB2</cusip>
        <identifiers>
          <isin value="US64830GAB23"/>
          <other otherDesc="Inhouse Asset ID" value="64830GAB2"/>
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        <balance>2496869.19000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2435008.01000000</valUSD>
        <pctVal>0.061177470181</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-12-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.99999960</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>INTOWN Mortgage Trust</name>
        <lei>N/A</lei>
        <title>INTOWN Mortgage Trust, Series 2025-STAY, Class A</title>
        <cusip>46117WAA0</cusip>
        <identifiers>
          <isin value="US46117WAA09"/>
          <other otherDesc="Inhouse Asset ID" value="46117WAA0"/>
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        <balance>3512000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3503220.00000000</valUSD>
        <pctVal>0.088015372520</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-03-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.02300080</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>Auto ABS Italian Stella Loans SRL</name>
        <lei>N/A</lei>
        <title>Auto ABS Italian Stella Loans SRL, Series 2024-1, Class C</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005597478"/>
          <other otherDesc="Inhouse Asset ID" value="BYD3M8YQ9"/>
        </identifiers>
        <balance>65696.52000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86516416"/>
        <valUSD>76425.10000000</valUSD>
        <pctVal>0.001920114536</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-12-29</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.60699840</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>Dryden 65 CLO Ltd.</name>
        <lei>N/A</lei>
        <title>Dryden 65 CLO Ltd., Series 2018-65A, Class B</title>
        <cusip>26251YAE6</cusip>
        <identifiers>
          <isin value="US26251YAE68"/>
          <other otherDesc="Inhouse Asset ID" value="26251YAE6"/>
        </identifiers>
        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>499714.10000000</valUSD>
        <pctVal>0.012554884553</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-18</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.52924000</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>Duke Energy Corp.</name>
        <lei>I1BZKREC126H0VB1BL91</lei>
        <title>Duke Energy Corp.</title>
        <cusip>26441CCC7</cusip>
        <identifiers>
          <isin value="US26441CCC73"/>
          <other otherDesc="Inhouse Asset ID" value="26441CCC7"/>
        </identifiers>
        <balance>3971000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4019669.53000000</valUSD>
        <pctVal>0.100990720277</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.85000000</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>Efesto Bidco SpA</name>
        <lei>815600D1A091DE3F5933</lei>
        <title>Efesto Bidco SpA Efesto US LLC, Series XR</title>
        <cusip>28201XAB1</cusip>
        <identifiers>
          <isin value="US28201XAB10"/>
          <other otherDesc="Inhouse Asset ID" value="28201XAB1"/>
        </identifiers>
        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1989862.16000000</valUSD>
        <pctVal>0.049993565712</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</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>Fantasia Holdings Group Co. Ltd.</name>
        <lei>5493005JQNLB3I01JW62</lei>
        <title>Fantasia Holdings Group Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2181037230"/>
          <other otherDesc="Inhouse Asset ID" value="BRW59F7N4"/>
        </identifiers>
        <balance>667000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7503.75000000</valUSD>
        <pctVal>0.000188525228</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>11.87500000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LQR Trust</name>
        <lei>N/A</lei>
        <title>LQR Trust, Series 2025-CALI, Class E</title>
        <cusip>50216WAJ3</cusip>
        <identifiers>
          <isin value="US50216WAJ36"/>
          <other otherDesc="Inhouse Asset ID" value="50216WAJ3"/>
        </identifiers>
        <balance>2394000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2393974.31000000</valUSD>
        <pctVal>0.060146533959</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-01-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.62251040</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>Hess Midstream Operations LP</name>
        <lei>N/A</lei>
        <title>Hess Midstream Operations LP</title>
        <cusip>428102AE7</cusip>
        <identifiers>
          <isin value="US428102AE79"/>
          <other otherDesc="Inhouse Asset ID" value="428102AE7"/>
        </identifiers>
        <balance>95000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>91289.04000000</valUSD>
        <pctVal>0.002293558172</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</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>Ford Motor Credit Co. LLC</name>
        <lei>UDSQCVRUX5BONN0VY111</lei>
        <title>Ford Motor Credit Co. LLC</title>
        <cusip>345397J20</cusip>
        <identifiers>
          <isin value="US345397J200"/>
          <other otherDesc="Inhouse Asset ID" value="345397J20"/>
        </identifiers>
        <balance>3030000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2992617.13000000</valUSD>
        <pctVal>0.075186917038</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.97000000</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>Match Group Holdings II LLC</name>
        <lei>5493003RFFE030RC9167</lei>
        <title>Match Group Holdings II LLC</title>
        <cusip>57665RAN6</cusip>
        <identifiers>
          <isin value="US57665RAN61"/>
          <other otherDesc="Inhouse Asset ID" value="57665RAN6"/>
        </identifiers>
        <balance>812000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>793840.27000000</valUSD>
        <pctVal>0.019944550181</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</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>Gates Corp.</name>
        <lei>984500F43C791F4C7894</lei>
        <title>Gates Corp.</title>
        <cusip>367398AA2</cusip>
        <identifiers>
          <isin value="US367398AA27"/>
          <other otherDesc="Inhouse Asset ID" value="367398AA2"/>
        </identifiers>
        <balance>190000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>194947.41000000</valUSD>
        <pctVal>0.004897885063</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</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="IBORs are undergoing a change as regulators and industry groups have recommended that firms consider adoption of alternative, overnight risk-free rates (RFRs). Floating rate swap terms reflected as Libors may be using the RFR to calculate the actual rate." noteItem="C.11.f.i.2"/>

      <explntrNote note="Monthly returns presented in B.5.a have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-03-31</ncom:dateSigned>
      <ncom:nameOfApplicant>BlackRock Funds V</ncom:nameOfApplicant>
      <ncom:signature>Chuck Pulsfort</ncom:signature>
      <ncom:signerName>Chuck Pulsfort</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
