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      <invstOrSec>
        <name>FIFTH THIRD BANC 4.3% 01/16/24</name>
        <lei>THRNG6BD57P9QWTQLG42</lei>
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        <cusip>316773CP3</cusip>
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          <isin value="US316773CP38"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>US TREAS BDS 3.625% 02/15/53</name>
        <lei>N/A</lei>
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          <isin value="US912810TN81"/>
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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>UMBS P#QN2424 2.5% 06/01/35</name>
        <lei>N/A</lei>
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        <cusip>3133G8VR9</cusip>
        <identifiers>
          <isin value="US3133G8VR95"/>
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        <curCd>USD</curCd>
        <valUSD>21195.02000000</valUSD>
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        <issuerCat>USGA</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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      <invstOrSec>
        <name>MEAD JOHNSON N 4.125% 11/15/25</name>
        <lei>N/A</lei>
        <title>MEAD JOHNSON NUTRITION C REGD 0.00000000</title>
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        <identifiers>
          <isin value="US582839AH96"/>
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        <balance>0.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>UMBS P#FS1402 2% 03/01/52</name>
        <lei>N/A</lei>
        <title>FANNIE MAE POOL UMBS P#FS1402 2.00000000</title>
        <cusip>3140XGRY7</cusip>
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          <isin value="US3140XGRY74"/>
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        <curCd>USD</curCd>
        <valUSD>150452.32000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
          <maturityDt>2052-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>UMBS P#BT7243 V/R 09/01/51</name>
        <lei>N/A</lei>
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          <isin value="US3140LWBM88"/>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>381896.90000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.80500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UMBS P#CB0573 2.5% 05/01/46</name>
        <lei>N/A</lei>
        <title>FANNIE MAE POOL UMBS P#CB0573 2.50000000</title>
        <cusip>3140QKT73</cusip>
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          <isin value="US3140QKT738"/>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>75393.15000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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      <invstOrSec>
        <name>US TREAS NTS 3.125% 11/15/28</name>
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        <title>UNITED STATES TREASURY NOTE 3.12500000</title>
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        <identifiers>
          <isin value="US9128285M81"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>80972.46000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
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      <invstOrSec>
        <name>UMBS P#BC3490 3.5% 02/01/46</name>
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        <cusip>3140EX2Y8</cusip>
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        <curCd>USD</curCd>
        <valUSD>12296.74000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>UMBS P#BQ1905 2% 10/01/50</name>
        <lei>N/A</lei>
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        <identifiers>
          <isin value="US3140KMDK32"/>
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        <curCd>USD</curCd>
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          <couponKind>Fixed</couponKind>
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        <name>US TREAS BDS 2.875% 05/15/49</name>
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      <invstOrSec>
        <name>UMBS P#QE4080 5% 06/01/52</name>
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        <name>CITIGROUP INC V/R 03/17/33</name>
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      <invstOrSec>
        <name>UMBS P#FM9913 2% 07/01/36</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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        <name>SIGNET UK FINANC 4.7% 06/15/24</name>
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        <title>SIGNET UK FINANCE PLC REGD 4.70000000</title>
        <cusip>82671AAA1</cusip>
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          <isin value="US82671AAA16"/>
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        <balance>105000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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      <invstOrSec>
        <name>UMBS P#FS2523 5% 06/01/52</name>
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      <invstOrSec>
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      <invstOrSec>
        <name>GNMA II P#AL5503 3.5% 03/20/45</name>
        <lei>N/A</lei>
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        <name>GENERAL MOTORS  6.05% 10/10/25</name>
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      <invstOrSec>
        <name>UMBS P#FM6846 2.5% 04/01/51</name>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>UMBS P#SD0252 3% 04/01/43</name>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>UMBS P#QE7023 4% 08/01/52</name>
        <lei>N/A</lei>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BRUNSWICK CORP 2.4% 08/18/31</name>
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        <curCd>USD</curCd>
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        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>UMBS P#SD0254 3.5% 01/01/44</name>
        <lei>N/A</lei>
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        <cusip>3132DMH73</cusip>
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      <invstOrSec>
        <name>UMBS P#AY4598 3% 02/01/45</name>
        <lei>N/A</lei>
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        <name>US TREAS NTS 2.875% 05/15/32</name>
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        <name>UMBS P#ZM3236 4% 05/01/47</name>
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        <name>UMBS P#MA1348 2.5% 02/01/33</name>
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        <name>UMBS P#MA1561 3% 09/01/33</name>
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        <name>UMBS P#ZT1113 3.5% 06/01/43</name>
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        <name>UMBS P#FM0051 4.5% 12/01/39</name>
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        <name>APPLIED MATERIAL 3.9% 10/01/25</name>
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      <invstOrSec>
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        <name>UMBS P#ZM6488 4.5% 05/01/48</name>
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        <name>BOSTON PROPERTIE 6.5% 01/15/34</name>
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      <invstOrSec>
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        <name>FHS 299 300 3% 01/15/43</name>
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      <invstOrSec>
        <name>UMBS P#ZA1314 3% 03/01/43</name>
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        <issuerCat>UST</issuerCat>
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        <name>KEMPER CORP 3.8% 02/23/32</name>
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        <lei>N/A</lei>
        <title>FANNIE MAE POOL UMBS P#BM3078 3.50000000</title>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UMBS P#SD1320 3% 06/01/52</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>245582.67000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>US TREASURYS ZCP 08/15/29</name>
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          <isin value="US912833XP03"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>HUMANA INC 3.85% 10/01/24</name>
        <lei>529900YLDW34GJAO4J06</lei>
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        <cusip>444859BD3</cusip>
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          <isin value="US444859BD30"/>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>63478.28000000</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>2024-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>GNMA II P#5302 3.5% 02/20/42</name>
        <lei>N/A</lei>
        <title>GINNIE MAE II POOL P#5302 3.50000000</title>
        <cusip>36202F3K0</cusip>
        <identifiers>
          <isin value="US36202F3K03"/>
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        <balance>8607.52000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7880.65000000</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>2042-02-20</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>JPMORGAN CHASE &amp;  V/R 06/01/34</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
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        <cusip>46647PDR4</cusip>
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          <isin value="US46647PDR47"/>
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        <curCd>USD</curCd>
        <valUSD>90717.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.35000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>CARGILL GBL FU  DISC  07/03/23</name>
        <lei>N/A</lei>
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          <other otherDesc="CUSIP" value="14177UU33"/>
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        <balance>700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>699805.55000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-07-03</maturityDt>
          <couponKind>Fixed</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>
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      </invstOrSec>
      <invstOrSec>
        <name>US TREAS NTS 1.625% 08/15/29</name>
        <lei>N/A</lei>
        <title>UNITED STATES TREASURY NOTE 1.62500000</title>
        <cusip>912828YB0</cusip>
        <identifiers>
          <isin value="US912828YB05"/>
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        <balance>1045000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>911231.84000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.62500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>UMBS P#QF3678 6.5% 12/01/52</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC POOL UMBS P#QF3678 6.50000000</title>
        <cusip>3133BRCP7</cusip>
        <identifiers>
          <isin value="US3133BRCP74"/>
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        <balance>149063.19000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>153629.12000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>UMBS P#AL3024 3.5% 01/01/43</name>
        <lei>N/A</lei>
        <title>FANNIE MAE POOL UMBS P#AL3024 3.50000000</title>
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        <identifiers>
          <isin value="US3138EKLE34"/>
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        <curCd>USD</curCd>
        <valUSD>8373.61000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>UMBS P#BS1924 2.34% 05/01/36</name>
        <lei>N/A</lei>
        <title>FANNIE MAE POOL UMBS P#BS1924 2.34000000</title>
        <cusip>3140LCD65</cusip>
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          <isin value="US3140LCD656"/>
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        <curCd>USD</curCd>
        <valUSD>138670.40000000</valUSD>
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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>Fixed</couponKind>
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      <invstOrSec>
        <name>US TREAS BDS 4% 11/15/52</name>
        <lei>N/A</lei>
        <title>UNITED STATES TREASURY BOND 4.00000000</title>
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          <isin value="US912810TL26"/>
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        <curCd>USD</curCd>
        <valUSD>477642.19000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>WELLS FARGO &amp; COM V/R 03/24/28</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
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          <isin value="US95000U2V48"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-24</maturityDt>
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        <name>FRESB 2019-SB58  V/R 10/25/28</name>
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          <isin value="US30308MAG24"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-25</maturityDt>
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      <invstOrSec>
        <name>WELLS FARGO &amp; COM V/R 03/02/33</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
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        <cusip>95000U2U6</cusip>
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          <isin value="US95000U2U64"/>
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        <fairValLevel>2</fairValLevel>
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        <name>HORMEL FOODS COR 1.8% 06/11/30</name>
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          <isin value="US440452AF79"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-06-11</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>US TREAS NTS 0.625% 05/15/30</name>
        <lei>N/A</lei>
        <title>UNITED STATES TREASURY NOTE 0.62500000</title>
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          <isin value="US912828ZQ64"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>UMBS P#BO1304 3.5% 07/01/34</name>
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        <name>UMBS P#FM7010 4% 04/01/49</name>
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        <name>UMBS P#RA7119 4% 04/01/52</name>
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      <invstOrSec>
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      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.95000000</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>UMBS P#MA1544 3.5% 08/01/43</name>
        <lei>N/A</lei>
        <title>FANNIE MAE POOL UMBS P#MA1544 3.50000000</title>
        <cusip>31418AWE4</cusip>
        <identifiers>
          <isin value="US31418AWE45"/>
        </identifiers>
        <balance>16538.36800000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>15410.12000000</valUSD>
        <pctVal>0.046521033474</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</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>UMBS P#AL8958 3.5% 10/01/45</name>
        <lei>N/A</lei>
        <title>FANNIE MAE POOL UMBS P#AL8958 3.50000000</title>
        <cusip>3138ET5U6</cusip>
        <identifiers>
          <isin value="US3138ET5U69"/>
        </identifiers>
        <balance>49553.64000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>45768.14000000</valUSD>
        <pctVal>0.138167721797</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</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>UMBS P#256686 6% 04/01/37</name>
        <lei>N/A</lei>
        <title>FANNIE MAE POOL UMBS P#256686 6.00000000</title>
        <cusip>31371NCX1</cusip>
        <identifiers>
          <isin value="US31371NCX12"/>
        </identifiers>
        <balance>7686.36000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7781.99000000</valUSD>
        <pctVal>0.023492757830</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</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>UMBS P#SD0149 3% 11/01/49</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC POOL UMBS P#SD0149 3.00000000</title>
        <cusip>3132DMEW1</cusip>
        <identifiers>
          <isin value="US3132DMEW10"/>
        </identifiers>
        <balance>48922.66000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>43649.03000000</valUSD>
        <pctVal>0.131770420073</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</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 3.875% 03/26/25</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>CITIGROUP INC REGD 3.87500000</title>
        <cusip>172967JL6</cusip>
        <identifiers>
          <isin value="US172967JL61"/>
        </identifiers>
        <balance>105000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>101399.07000000</valUSD>
        <pctVal>0.306109850527</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-03-26</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>US TREASURYS ZCP 08/15/33</name>
        <lei>N/A</lei>
        <title>UNITED STATES TREASURY STRIP COUPON ZCP 0.00000000</title>
        <cusip>9128334W7</cusip>
        <identifiers>
          <isin value="US9128334W72"/>
        </identifiers>
        <balance>210000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>141137.92000000</valUSD>
        <pctVal>0.426075974808</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</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>MOTOROLA SOLUTIONS 4% 09/01/24</name>
        <lei>6S552MUG6KGJVEBSEC55</lei>
        <title>MOTOROLA SOLUTIONS INC REGD 4.00000000</title>
        <cusip>620076BF5</cusip>
        <identifiers>
          <isin value="US620076BF55"/>
        </identifiers>
        <balance>20000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>19526.68000000</valUSD>
        <pctVal>0.058948362111</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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>US TREASURYS ZCP 08/15/28</name>
        <lei>N/A</lei>
        <title>UNITED STATES TREASURY STRIP COUPON ZCP 0.00000000</title>
        <cusip>912833RZ5</cusip>
        <identifiers>
          <isin value="US912833RZ58"/>
        </identifiers>
        <balance>420000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>340387.32000000</valUSD>
        <pctVal>1.027582517734</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2023-07-28</ncom:dateSigned>
      <ncom:nameOfApplicant>Mutual of America Variable Insurance Portfolios</ncom:nameOfApplicant>
      <ncom:signature>Christopher M. Miseo </ncom:signature>
      <ncom:signerName>Christopher M. Miseo </ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
