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        <name>ABCLN 2026-B A2 144A</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AOMT 2023-6 A1 144A</name>
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      <invstOrSec>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ARCELORMITTAL SA</name>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>ARES CAP CORP</title>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>ARES CAPITAL CORP</name>
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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>Fixed</couponKind>
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      <invstOrSec>
        <name>ARES CAPITAL CORP</name>
        <lei>WEQ82666OJYSI5GUAB47</lei>
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          <isin value="US04010LBD47"/>
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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>2027-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.8750000000</annualizedRt>
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      <invstOrSec>
        <name>ARES CAPITAL CORP</name>
        <lei>WEQ82666OJYSI5GUAB47</lei>
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          <isin value="US04010LBB80"/>
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        <balance>1500000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1440639.230000</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>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.8750000000</annualizedRt>
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      <invstOrSec>
        <name>ARIFL 2023-B A2 144A</name>
        <lei>N/A</lei>
        <title>ARI FLEET LEASE TRUST ARIFL 2023 B A2 144A</title>
        <cusip>04033GAB3</cusip>
        <identifiers>
          <isin value="US04033GAB32"/>
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        <balance>13388.570000</balance>
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        <curCd>USD</curCd>
        <valUSD>13415.000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.0500000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>ARIFL 2024-A A2 144A</name>
        <lei>N/A</lei>
        <title>ARI FLEET LEASE TRUST ARIFL 2024 A A2 144A</title>
        <cusip>00218KAB9</cusip>
        <identifiers>
          <isin value="US00218KAB98"/>
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        <balance>71203.990000</balance>
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        <curCd>USD</curCd>
        <valUSD>71338.690000</valUSD>
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        <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>5.3000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ARIFL 2024-B A2 144A</name>
        <lei>N/A</lei>
        <title>ARI FLEET LEASE TRUST ARIFL 2024 B A2 144A</title>
        <cusip>04033HAB1</cusip>
        <identifiers>
          <isin value="US04033HAB15"/>
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        <balance>89450.620000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>89715.870000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5400000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ARROW ELECTRONICS 4/2 144A CP</name>
        <lei>549300YNNLBXT8N8R512</lei>
        <title>ARROW ELECTRONICS INC</title>
        <cusip>04273MJ95</cusip>
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          <isin value="US04273MJ955"/>
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        <curCd>USD</curCd>
        <valUSD>998995.800000</valUSD>
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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>None</couponKind>
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      <invstOrSec>
        <name>ARROW ELECTRONICS 4/2 144A CP</name>
        <lei>549300YNNLBXT8N8R512</lei>
        <title>ARROW ELECTRONICS INC</title>
        <cusip>04273MJ38</cusip>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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        <name>AT&amp;T INC</name>
        <lei>549300Z40J86GGSTL398</lei>
        <title>AT+T INC SR UNSECURED 02/28 1.65</title>
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          <isin value="US00206RKG64"/>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>AT&amp;T INC</name>
        <lei>549300Z40J86GGSTL398</lei>
        <title>AT+T INC SR UNSECURED 02/28 4.1</title>
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        <curCd>USD</curCd>
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        <name>ATHENE GLOBAL FUNDING 144A</name>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>XCAP 2024-1A A3 144A</name>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>XCAP 2026-1A A2 144A</name>
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        <name>AESOP 2025-3A A 144A</name>
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        <name>BCC 2020-2A AR3 144A</name>
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        <name>BCC 2020-5A ARR 144A</name>
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        <name>BCC 2021-4A A1RR 144A</name>
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        <name>BARCLAYS PLC</name>
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        <name>BARCLAYS PLC</name>
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        <name>BARCLAYS PLC</name>
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        <name>BATLN 2016-10A A1R3 144A</name>
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        <name>BATLN 2020-15A A1RR 144A</name>
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      <invstOrSec>
        <name>BATLN 2021-19A AR 144A</name>
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        <name>BAXTER INTERNATIONAL INC</name>
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        <name>BAXTER INTERNATIONAL INC</name>
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        <name>BVCLN 2024-CAR1 A 144A</name>
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        <name>BECTON DICKINSON &amp; CO</name>
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        <name>BETHP 2021-1A AR 144A</name>
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        <name>BRUNSWICK CORP 4/2 144A CP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BX 2025-VOLT A 144A</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>CAPITAL ONE FINANCIAL CO</name>
        <lei>ZUE8T73ROZOF6FLBAR73</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>CARMX 2022-3 D</name>
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        <title>CARMAX AUTO OWNER TRUST CARMX 2022 3 D</title>
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        <issuerCat>CORP</issuerCat>
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        <name>CRVNA 2021-N2 A2</name>
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        <title>CARVANA AUTO RECEIVABLES TRUST CRVNA 2021 N4 B</title>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.2400000000</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>CRVNA 2022-N1 A2 144A</name>
        <lei>N/A</lei>
        <title>CARVANA AUTO RECEIVABLES TRUST CRVNA 2022 N1 A2 144A</title>
        <cusip>14686GAB2</cusip>
        <identifiers>
          <isin value="US14686GAB23"/>
        </identifiers>
        <balance>64166.340000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>63752.200000</valUSD>
        <pctVal>0.0042127808</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.2100000000</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>CRVNA 2022-P1 B</name>
        <lei>N/A</lei>
        <title>CARVANA AUTO RECEIVABLES TRUST CRVNA 2022 P1 B</title>
        <cusip>14688DAE1</cusip>
        <identifiers>
          <isin value="US14688DAE13"/>
        </identifiers>
        <balance>3325000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3313348.540000</valUSD>
        <pctVal>0.2189479136</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.0000000000</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>CRVNA 2022-P2 B</name>
        <lei>N/A</lei>
        <title>CARVANA AUTO RECEIVABLES TRUST CRVNA 2022 P2 B</title>
        <cusip>14686JAE0</cusip>
        <identifiers>
          <isin value="US14686JAE01"/>
        </identifiers>
        <balance>220000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>220418.700000</valUSD>
        <pctVal>0.0145653902</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.0800000000</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>CRVNA 2023-N1 C 144A</name>
        <lei>N/A</lei>
        <title>CARVANA AUTO RECEIVABLES TRUST CRVNA 2023 N1 C 144A</title>
        <cusip>14688FAD8</cusip>
        <identifiers>
          <isin value="US14688FAD87"/>
        </identifiers>
        <balance>357831.360000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>358110.070000</valUSD>
        <pctVal>0.0236641125</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.9200000000</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>CRVNA 2023-P1 B 144A</name>
        <lei>N/A</lei>
        <title>CARVANA AUTO RECEIVABLES TRUST CRVNA 2023 P1 B 144A</title>
        <cusip>14688EAE9</cusip>
        <identifiers>
          <isin value="US14688EAE95"/>
        </identifiers>
        <balance>180000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>182938.910000</valUSD>
        <pctVal>0.0120887049</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.2100000000</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>CRVNA 2024-N1 B 144A</name>
        <lei>N/A</lei>
        <title>CARVANA AUTO RECEIVABLES TRUST CRVNA 2024 N1 B 144A</title>
        <cusip>14687QAD5</cusip>
        <identifiers>
          <isin value="US14687QAD51"/>
        </identifiers>
        <balance>1545556.170000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1551031.150000</valUSD>
        <pctVal>0.1024930007</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.6300000000</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>CRVNA 2024-N2 B 144A</name>
        <lei>N/A</lei>
        <title>CARVANA AUTO RECEIVABLES TRUST CRVNA 2024 N2 B 144A</title>
        <cusip>14687VAD4</cusip>
        <identifiers>
          <isin value="US14687VAD47"/>
        </identifiers>
        <balance>2385332.910000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2395609.400000</valUSD>
        <pctVal>0.1583032010</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.6700000000</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>CRVNA 2024-N2 C 144A</name>
        <lei>N/A</lei>
        <title>CARVANA AUTO RECEIVABLES TRUST CRVNA 2024 N2 C 144A</title>
        <cusip>14687VAE2</cusip>
        <identifiers>
          <isin value="US14687VAE20"/>
        </identifiers>
        <balance>2000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2021547.000000</valUSD>
        <pctVal>0.1335849496</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.8200000000</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>CRVNA 2024-N3 B 144A</name>
        <lei>N/A</lei>
        <title>CARVANA AUTO RECEIVABLES TRUST CRVNA 2024 N3 B 144A</title>
        <cusip>14687WAD2</cusip>
        <identifiers>
          <isin value="US14687WAD20"/>
        </identifiers>
        <balance>1000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1000591.100000</valUSD>
        <pctVal>0.0661196162</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.6700000000</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>CRVNA 2024-P2 A3</name>
        <lei>N/A</lei>
        <title>CARVANA AUTO RECEIVABLES TRUST CRVNA 2024 P2 A3</title>
        <cusip>14688PAC8</cusip>
        <identifiers>
          <isin value="US14688PAC86"/>
        </identifiers>
        <balance>122822.170000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>123273.820000</valUSD>
        <pctVal>0.0081460026</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.3300000000</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>CRVNA 2024-P4 A3</name>
        <lei>N/A</lei>
        <title>CARVANA AUTO RECEIVABLES TRUST CRVNA 2024 P4 A3</title>
        <cusip>14076LAC7</cusip>
        <identifiers>
          <isin value="US14076LAC72"/>
        </identifiers>
        <balance>336872.230000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>337233.730000</valUSD>
        <pctVal>0.0222845924</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.6400000000</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>CRVNA 2025-N1 A3 144A</name>
        <lei>N/A</lei>
        <title>CARVANA AUTO RECEIVABLES TRUST CRVNA 2025 N1 A3 144A</title>
        <cusip>14688XAC1</cusip>
        <identifiers>
          <isin value="US14688XAC11"/>
        </identifiers>
        <balance>873634.160000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>875742.760000</valUSD>
        <pctVal>0.0578695685</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.9100000000</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>CRVNA 2025-P2 A2</name>
        <lei>N/A</lei>
        <title>CARVANA AUTO RECEIVABLES TRUST CRVNA 2025 P2 A2</title>
        <cusip>14688YAB1</cusip>
        <identifiers>
          <isin value="US14688YAB11"/>
        </identifiers>
        <balance>106590.230000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>106617.540000</valUSD>
        <pctVal>0.0070453463</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.5600000000</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>CRVNA 2025-P2 A3</name>
        <lei>N/A</lei>
        <title>CARVANA AUTO RECEIVABLES TRUST CRVNA 2025 P2 A3</title>
        <cusip>14688YAC9</cusip>
        <identifiers>
          <isin value="US14688YAC93"/>
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        <balance>1180000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1179969.080000</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>2030-08-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.5500000000</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>CRVNA 2025-P4 A2</name>
        <lei>N/A</lei>
        <title>CARVANA AUTO RECEIVABLES TRUST CRVNA 2025 P4 A2</title>
        <cusip>14689AAB2</cusip>
        <identifiers>
          <isin value="US14689AAB26"/>
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        <balance>2475507.810000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2474843.630000</valUSD>
        <pctVal>0.1635390430</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.1900000000</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>CRVNA 2025-P4 B</name>
        <lei>N/A</lei>
        <title>CARVANA AUTO RECEIVABLES TRUST CRVNA 2025 P4 B</title>
        <cusip>14689AAE6</cusip>
        <identifiers>
          <isin value="US14689AAE64"/>
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        <balance>20000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>19657.830000</valUSD>
        <pctVal>0.0012990003</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.5900000000</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>CRVNA 2026-P2 A3</name>
        <lei>N/A</lei>
        <title>CARVANA AUTO RECEIVABLES TRUST CRVNA 2026 P2 A3</title>
        <cusip>14689CAC6</cusip>
        <identifiers>
          <isin value="US14689CAC64"/>
        </identifiers>
        <balance>3575000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3572499.650000</valUSD>
        <pctVal>0.2360727630</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
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        <name>CERB 2023-5AR AR 144A</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>CACLN 2025-1 B 144A</name>
        <lei>N/A</lei>
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          <couponKind>Fixed</couponKind>
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        <name>CACLN 2026-1 B 144A</name>
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          <couponKind>Fixed</couponKind>
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        <name>CHENIERE CORP CHRISTI HD</name>
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        <name>CNH INDUSTRIAL NV</name>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>CNO GLOBAL FUNDING 144A</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CNO GLOBAL FUNDING 144A</name>
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          <isin value="US18977W2G46"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CODELCO INC</name>
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          <isin value="USP3143NAY06"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>COLT 2021-4 A1 144A</name>
        <lei>N/A</lei>
        <title>COLT FUNDING LLC COLT 2021 4 A1 144A</title>
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        <identifiers>
          <isin value="US19688GAA13"/>
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        <balance>56252.170000</balance>
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        <curCd>USD</curCd>
        <valUSD>47237.800000</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>COLT 2025-8 A1 144A</name>
        <lei>2138009IZ4NQZAKAEN75</lei>
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          <isin value="US19689DAA72"/>
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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>2070-08-25</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>COLUMBIA PIPELINE HOLDCO 4/2 144A CP</name>
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        <title>COLUMBIA PIPELINES HLDG CO LLC</title>
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          <isin value="US19829DJM39"/>
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        <curCd>USD</curCd>
        <valUSD>7981891.200000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-21</maturityDt>
          <couponKind>None</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>COLUMBIA PIPELINE HOLDCO 4/2 144A CP</name>
        <lei>N/A</lei>
        <title>COLUMBIA PIPELINES HLDG CO LLC</title>
        <cusip>19829DKE9</cusip>
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          <isin value="US19829DKE93"/>
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        <balance>5500000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5473751.800000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-14</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.0000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CONAGRA BRANDS INC</name>
        <lei>54930035UDEIH090K650</lei>
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        <identifiers>
          <isin value="US205887CF79"/>
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        <balance>5450000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5239389.060000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CONTINENTAL RESOURCES</name>
        <lei>XXRTID9RYWOZ0UPIVR53</lei>
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        <cusip>212015AS0</cusip>
        <identifiers>
          <isin value="US212015AS02"/>
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        <balance>1700000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1687608.850000</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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      <invstOrSec>
        <name>CONTINENTAL RESOURCES 144A</name>
        <lei>XXRTID9RYWOZ0UPIVR53</lei>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>CROSS 2026-NQM3 A1 144A</name>
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        <name>CROSS 2026-NQM6 A1 144A</name>
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          <isin value="US22759CAA80"/>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>XROAD 2024-A A2 144A</name>
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        <title>CROSSROADS ASSET TRUST XROAD 2024 A A2 144A</title>
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      <invstOrSec>
        <name>XROAD 2025-A A2 144A</name>
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        <title>CROSSROADS ASSET TRUST XROAD 2025 A A2 144A</title>
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          <isin value="US22767VAB45"/>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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        <name>CROWN CASTLE INC</name>
        <lei>54930012H97VSM0I2R19</lei>
        <title>CROWN CASTLE INC SR UNSECURED 01/28 5</title>
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          <isin value="US22822VBA89"/>
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        <balance>3690000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3699195.110000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>CROWN CASTLE INTL CORP</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
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        <lei>54930012H97VSM0I2R19</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CROWN CASTLE TOWERS LLC 144A</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CUBESMART LP</name>
        <lei>549300MPHKO3I3FJRA97</lei>
        <title>CUBESMART LP COMPANY GUAR 02/29 4.375</title>
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          <isin value="US22966RAE62"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>CUBESMART LP</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>CUBESMART LP</name>
        <lei>549300MPHKO3I3FJRA97</lei>
        <title>CUBESMART LP COMPANY GUAR 12/28 2.25</title>
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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>2028-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.2500000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CVS HEALTH CORP</name>
        <lei>549300EJG376EN5NQE29</lei>
        <title>CVS HEALTH CORP SR UNSECURED 08/27 1.3</title>
        <cusip>126650DM9</cusip>
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        <balance>11018000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10685312.480000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DAIMLER TRUCK FINAN NA 144A</name>
        <lei>5493003HSDTSCZRXBA58</lei>
        <title>DAIMLER TRUCK FINAN NA COMPANY GUAR 144A 08/27 4.3</title>
        <cusip>233853BG4</cusip>
        <identifiers>
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        <balance>1055000.000000</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>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.3000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DAIMLER TRUCK FINAN NA 144A</name>
        <lei>5493003HSDTSCZRXBA58</lei>
        <title>DAIMLER TRUCK FINAN NA COMPANY GUAR 144A 09/27 5.125</title>
        <cusip>233853AY6</cusip>
        <identifiers>
          <isin value="US233853AY62"/>
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        <balance>200000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>201253.130000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.1250000000</annualizedRt>
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      <invstOrSec>
        <name>DANSKE BANK A/S 144A</name>
        <lei>MAES062Z21O4RZ2U7M96</lei>
        <title>DANSKE BANK A/S 144A 04/28 VAR</title>
        <cusip>23636ABC4</cusip>
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          <isin value="US23636ABC45"/>
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        <balance>6000000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5987584.320000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-01</maturityDt>
          <couponKind>Variable</couponKind>
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        <name>DRMT 2026-INV2 A1 144A</name>
        <lei>N/A</lei>
        <title>DEEPHAVEN RESIDENTIAL MORTGAGE DRMT 2026 INV2 A1 144A</title>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2071-02-25</maturityDt>
          <couponKind>Variable</couponKind>
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        <name>DEFT 2024-2 B 144A</name>
        <lei>N/A</lei>
        <title>DELL EQUIPMENT FINANCE TRUST DEFT 2024 2 B 144A</title>
        <cusip>24704EAG3</cusip>
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          <isin value="US24704EAG35"/>
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        <curCd>USD</curCd>
        <valUSD>105169.940000</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-08-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.8200000000</annualizedRt>
          <isDefault>N</isDefault>
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        <name>DEFT 2024-2 C 144A</name>
        <lei>N/A</lei>
        <title>DELL EQUIPMENT FINANCE TRUST DEFT 2024 2 C 144A</title>
        <cusip>24704EAJ7</cusip>
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          <isin value="US24704EAJ73"/>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>DEFT 2026-1A C 144A</name>
        <lei>N/A</lei>
        <title>DELL EQUIPMENT FINANCE TRUST DEFT 2026 1A C 144A</title>
        <cusip>246921AJ9</cusip>
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          <isin value="US246921AJ95"/>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>DELTA AIR LINES INC</name>
        <lei>Q2CCMS6R0AS67HJMBN42</lei>
        <title>DELTA AIR LINES INC SR UNSECURED 07/28 4.95</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>DEUTSCHE BANK NY</name>
        <lei>7LTWFZYICNSX8D621K86</lei>
        <title>DEUTSCHE BANK NY 01/28 VAR</title>
        <cusip>25160PAH0</cusip>
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        <balance>1900000.000000</balance>
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        <valUSD>1885760.470000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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        <name>DEUTSCHE BANK NY</name>
        <lei>7LTWFZYICNSX8D621K86</lei>
        <title>DEUTSCHE BANK NY 01/29 VAR</title>
        <cusip>25160PAQ0</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>DEUTSCHE BANK NY</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DEXT 2025-2 A2 144A</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DEXT 2025-2 A3 144A</name>
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      <invstOrSec>
        <name>DEXT 2025-2 B 144A</name>
        <lei>N/A</lei>
        <title>DEXT ABS DEXT 2025 2 B 144A</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>DLLAA 2023-1A A3 144A</name>
        <lei>N/A</lei>
        <title>DLLAA LLC DLLAA 2023 1A A3 144A</title>
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        <name>DLLAA 2026-1A A2 144A</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>DLLAA 2026-1A A3 144A</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PHYSICIANS REALTY LP</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>DP WORLD CRESCENT LTD</name>
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          <isin value="XS1883963990"/>
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        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>DRIVE 2021-3 D 144A</name>
        <lei>N/A</lei>
        <title>DRIVE AUTO RECEIVABLES TRUST DRIVE 2021 3 D 144A</title>
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        <name>DRIVE 2025-1 A3</name>
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        <name>DRIVE 2025-1 B</name>
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        <name>DRSLF 2017-53A AR 144A</name>
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        <name>DRSLF 2019-80A ARR 144A</name>
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        <name>N/A</name>
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        <name>ELEMENT FLEET MANAGEMENT 144A</name>
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        <name>EFMT 2023-1 A1 144A</name>
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        <name>EFMT 2025-NQM6 A1 144A</name>
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        <name>EFMT 2026-NQM5 A1 144A</name>
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        <name>EMAAR SUKUK LTD</name>
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        <name>EMIRATES NBD BANK PJSC</name>
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        <name>EQUATE PETROCHEMICAL BV</name>
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      <invstOrSec>
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        <name>EQUITABLE FINANCIAL LIFE 144A</name>
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        <name>EART 2022-1A D</name>
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        <title>EXETER AUTOMOBILE RECEIVABLES EART 2022 1A D</title>
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          <couponKind>Fixed</couponKind>
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        <name>EART 2024-4A B</name>
        <lei>N/A</lei>
        <title>EXETER AUTOMOBILE RECEIVABLES EART 2024 4A B</title>
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        <name>EART 2025-3A A3</name>
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        <name>EART 2025-3A B</name>
        <lei>N/A</lei>
        <title>EXETER AUTOMOBILE RECEIVABLES EART 2025 3A B</title>
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        <name>EART 2025-4A B</name>
        <lei>N/A</lei>
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        <name>EART 2025-5A A3</name>
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        <name>EART 2025-5A B</name>
        <lei>N/A</lei>
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        <name>EART 2026-1A B</name>
        <lei>N/A</lei>
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        <name>EART 2026-2A A2</name>
        <lei>N/A</lei>
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        <name>EART 2026-2A B</name>
        <lei>N/A</lei>
        <title>EXETER AUTOMOBILE RECEIVABLES EART 2026 2A B</title>
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        <name>EART 2026-3A B</name>
        <lei>N/A</lei>
        <title>EXETER AUTOMOBILE RECEIVABLES EART 2026 3A B</title>
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          <maturityDt>2042-06-25</maturityDt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>STACR 2023-HQA3 A1 144A</name>
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        <title>FREDDIE MAC   STACR STACR 2023 HQA3 A1 144A</title>
        <cusip>35564K3F4</cusip>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.4931900000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>STACR 2024-DNA2 A1 144A</name>
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        <title>FREDDIE MAC   STACR STACR 2024 DNA2 A1 144A</title>
        <cusip>35564NCW1</cusip>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-05-25</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>STACR 2024-DNA3 A1 144A</name>
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        <title>FREDDIE MAC   STACR STACR 2024 DNA3 A1 144A</title>
        <cusip>35564NEY5</cusip>
        <identifiers>
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        <balance>200200.040000</balance>
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        <curCd>USD</curCd>
        <valUSD>199952.570000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.6931900000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>STACR 2024-HQA1 A1 144A</name>
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        <title>FREDDIE MAC   STACR STACR 2024 HQA1 A1 144A</title>
        <cusip>35564NBW2</cusip>
        <identifiers>
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        <balance>372137.330000</balance>
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        <curCd>USD</curCd>
        <valUSD>372366.790000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.8931900000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>STACR 2025-DNA1 A1 144A</name>
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        <title>FREDDIE MAC   STACR STACR 2025 DNA1 A1 144A</title>
        <cusip>35564NFY4</cusip>
        <identifiers>
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        <units>PA</units>
        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-01-25</maturityDt>
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          <annualizedRt>4.5931900000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>STACR 2025-DNA2 A1 144A</name>
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        <title>FREDDIE MAC   STACR STACR 2025 DNA2 A1 144A</title>
        <cusip>35564NHY2</cusip>
        <identifiers>
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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>
          <maturityDt>2045-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.7431900000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>STACR 2025-DNA3 A1 144A</name>
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        <title>FREDDIE MAC   STACR STACR 2025 DNA3 A1 144A</title>
        <cusip>35564UAQ0</cusip>
        <identifiers>
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        <balance>634499.880000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.5931900000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>STACR 2025-DNA4 A1 144A</name>
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        <title>FREDDIE MAC   STACR STACR 2025 DNA4 A1 144A</title>
        <cusip>35564UBQ9</cusip>
        <identifiers>
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        <balance>1640625.080000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1640751.900000</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>2045-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.5431900000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>STACR 2025-HQA1 M1 144A</name>
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        <title>FREDDIE MAC   STACR STACR 2025 HQA1 M1 144A</title>
        <cusip>35564NGZ0</cusip>
        <identifiers>
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        <balance>448854.590000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-02-25</maturityDt>
          <couponKind>Floating</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>STACR 2026-DNA1 A1 144A</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC   STACR STACR 2026 DNA1 A1 144A</title>
        <cusip>35564UCQ8</cusip>
        <identifiers>
          <isin value="US35564UCQ85"/>
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        <balance>2204874.940000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2194534.080000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-02-25</maturityDt>
          <couponKind>Floating</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>STACR 2026-DNA1 M1 144A</name>
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        <identifiers>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>STACR 2026-HQA1 A1 144A</name>
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        <title>FREDDIE MAC   STACR STACR 2026 HQA1 A1 144A</title>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>FREEPORT INDONESIA PT</name>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>FREEPORT-MCMORAN INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FREEPORT-MCMORAN INC</name>
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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>FREEPORT-MCMORAN INC</name>
        <lei>549300IRDTHJQ1PVET45</lei>
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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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        <name>FREMF 2016-K59 B 144A</name>
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        <name>GENERAL MOTORS FINL CO</name>
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        <lei>5493008B6JBRUJ90QL97</lei>
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        <name>GFORT 2024-3A B 144A</name>
        <lei>N/A</lei>
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        <name>GFORT 2026-1A B 144A</name>
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        <name>GLOBAL PAYMENTS INC</name>
        <lei>549300NOMHGVQBX6S778</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>GLOBAL PAYMENTS INC 4/2 CP</name>
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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>GLOBAL PAYMENTS INC 4/2 CP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GLP CAPITAL LP / FIN II</name>
        <lei>N/A</lei>
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        <balance>311000.000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GMALT 2025-1 B</name>
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          <isin value="US36271VAF40"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-20</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GMALT 2025-2 B</name>
        <lei>N/A</lei>
        <title>GM FINANCIAL AUTOMOBILE LEASIN GMALT 2025 2 B</title>
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          <isin value="US362962AF94"/>
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        <curCd>USD</curCd>
        <valUSD>701394.260000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GOHL CAPITAL LTD</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GOLDMAN SACHS GROUP INC</name>
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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>Variable</couponKind>
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      <invstOrSec>
        <name>GALC 2026-1 A2 144A</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>GSMBS 2025-NQM3 A1 144A</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>HARLEY DAVIDSON FINL SER 4/2 144A CP</name>
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        <name>HCA INC</name>
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        <issuerCat>CORP</issuerCat>
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        <name>HCA INC</name>
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        <name>HCA INC</name>
        <lei>L3CJ6J7LJ2DX62FTXD46</lei>
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        <name>HCA INC 4/2 144A CP</name>
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        <name>HDFC BANK LTD/GIFT CITY 144A</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
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        <name>HEALTHCARE RLTY HLDGS LP</name>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>HEALTHCARE RLTY HLDGS 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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      </invstOrSec>
      <invstOrSec>
        <name>HPA 2022-1 A 144A</name>
        <lei>N/A</lei>
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          <isin value="US43730NAA46"/>
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        <balance>524838.300000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-04-17</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>HOMES 2024-AFC1 A1 144A</name>
        <lei>2549009KYOPIDSS2IL61</lei>
        <title>HOMES TRUST HOMES 2024 AFC1 A1 144A</title>
        <cusip>403945AC2</cusip>
        <identifiers>
          <isin value="US403945AC26"/>
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        <balance>707661.480000</balance>
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        <curCd>USD</curCd>
        <valUSD>703865.230000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-08-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.2240000000</annualizedRt>
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      <invstOrSec>
        <name>HOMES 2025-NQM4 A1 144A</name>
        <lei>N/A</lei>
        <title>HOMES TRUST HOMES 2025 NQM4 A1 144A</title>
        <cusip>403958AA9</cusip>
        <identifiers>
          <isin value="US403958AA97"/>
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        <balance>1411916.490000</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>2070-08-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.2200000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>HOMES 2026-NQM3 A1 144A</name>
        <lei>N/A</lei>
        <title>HOMES TRUST HOMES 2026 NQM3 A1 144A</title>
        <cusip>403973AC4</cusip>
        <identifiers>
          <isin value="US403973AC47"/>
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        <balance>7269940.140000</balance>
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        <curCd>USD</curCd>
        <valUSD>7198870.660000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2071-04-27</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.2620000000</annualizedRt>
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      <invstOrSec>
        <name>HOMES 2026-NQM5 A1 144A</name>
        <lei>N/A</lei>
        <title>HOMES TRUST HOMES 2026 NQM5 A1 144A</title>
        <cusip>437940AC3</cusip>
        <identifiers>
          <isin value="US437940AC37"/>
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        <balance>7715000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7695048.240000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2071-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.6790000000</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>HONEYWELL AEROSPACE INC</name>
        <lei>213800ZUAQRBYL67JS90</lei>
        <title>HONEYWELL AEROSPACE INC SR UNSECURED 03/29 VAR</title>
        <cusip>43849RAN5</cusip>
        <identifiers>
          <isin value="US43849RAN52"/>
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        <balance>7000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7003716.790000</valUSD>
        <pctVal>0.4628094992</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.2687500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HPEFS 2024-2A B 144A</name>
        <lei>N/A</lei>
        <title>HPEFS EQUIPMENT TRUST HPEFS 2024 2A B 144A</title>
        <cusip>40444MAG6</cusip>
        <identifiers>
          <isin value="US40444MAG69"/>
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        <balance>330000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>330982.580000</valUSD>
        <pctVal>0.0218715129</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.3500000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HSBC HOLDINGS PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
        <title>HSBC HOLDINGS PLC SR UNSECURED 08/28 VAR</title>
        <cusip>404280DG1</cusip>
        <identifiers>
          <isin value="US404280DG12"/>
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        <balance>4000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4019174.320000</valUSD>
        <pctVal>0.2655892735</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-11</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.2100000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HUMANA INC</name>
        <lei>529900YLDW34GJAO4J06</lei>
        <title>HUMANA INC SR UNSECURED 03/28 5.75</title>
        <cusip>444859BU5</cusip>
        <identifiers>
          <isin value="US444859BU54"/>
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        <balance>6339000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6419957.140000</valUSD>
        <pctVal>0.4242343370</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.7500000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HUMANA INC</name>
        <lei>529900YLDW34GJAO4J06</lei>
        <title>HUMANA INC SR UNSECURED 12/28 5.75</title>
        <cusip>444859BZ4</cusip>
        <identifiers>
          <isin value="US444859BZ42"/>
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        <balance>2500000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2541830.600000</valUSD>
        <pctVal>0.1679655792</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.7500000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HUNTINGTON BANCSHARES</name>
        <lei>549300XTVCVV9I7B5T19</lei>
        <title>HUNTINGTON BANCSHARES SR UNSECURED 08/28 VAR</title>
        <cusip>446150BB9</cusip>
        <identifiers>
          <isin value="US446150BB90"/>
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        <balance>1611000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1606163.830000</valUSD>
        <pctVal>0.1061361988</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-04</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.4430000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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        <name>HUNTINGTON INGALLS INDUS</name>
        <lei>5TZLZ6WJTBVJ0QWBG121</lei>
        <title>HUNTINGTON INGALLS INDUS COMPANY GUAR 08/28 2.043</title>
        <cusip>446413AZ9</cusip>
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        <balance>3000000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2842763.310000</valUSD>
        <pctVal>0.1878513800</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>2.0430000000</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>HUNTINGTON INGALLS INDUS</name>
        <lei>5TZLZ6WJTBVJ0QWBG121</lei>
        <title>HUNTINGTON INGALLS INDUS COMPANY GUAR 12/27 3.483</title>
        <cusip>446413AL0</cusip>
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          <isin value="US446413AL01"/>
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        <balance>4478000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4409734.910000</valUSD>
        <pctVal>0.2913977344</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.4830000000</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>HUNTINGTON NATIONAL BANK</name>
        <lei>2WHM8VNJH63UN14OL754</lei>
        <title>HUNTINGTON NATIONAL BANK SR UNSECURED 04/28 VAR</title>
        <cusip>44644MAK7</cusip>
        <identifiers>
          <isin value="US44644MAK71"/>
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        <balance>5500000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5504752.940000</valUSD>
        <pctVal>0.3637571346</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-12</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.8710000000</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>HUNTINGTON NATIONAL BANK</name>
        <lei>2WHM8VNJH63UN14OL754</lei>
        <title>HUNTINGTON NATIONAL BANK SR UNSECURED 05/28 VAR</title>
        <cusip>44644MAF8</cusip>
        <identifiers>
          <isin value="US44644MAF86"/>
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        <balance>1225000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1223652.820000</valUSD>
        <pctVal>0.0808596586</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-17</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.5520000000</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>HALST 2025-B B 144A</name>
        <lei>N/A</lei>
        <title>HYUNDAI AUTO LEASE SECURITIZAT HALST 2025 B B 144A</title>
        <cusip>44935DAF6</cusip>
        <identifiers>
          <isin value="US44935DAF69"/>
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        <balance>1022000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1025074.690000</valUSD>
        <pctVal>0.0677375054</pctVal>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>JACKSON FINANCIAL INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JACKSON NATL LIFE GLOBAL 144A</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JACKSON NATL LIFE GLOBAL 144A</name>
        <lei>635400PQXLYXWJI5QD78</lei>
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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>JTWN 2020-15A A1R2 144A</name>
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        <title>JAMESTOWN CLO LTD JTWN 2020 15A A1R2 144A</title>
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        <identifiers>
          <isin value="US47050EBC21"/>
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        <curCd>USD</curCd>
        <valUSD>5004280.000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>JAPAN TREASURY DISC BILL</name>
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        <title>JAPAN TREASURY DISC BILL BILLS 11/26 0.00000</title>
        <cusip>DO5483296</cusip>
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          <isin value="JP1744021S85"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>None</couponKind>
          <annualizedRt>0.0000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>JPMMT 2025-DSC2 A1 144A</name>
        <lei>529900SXYOW2J5ABY729</lei>
        <title>JP MORGAN MORTGAGE TRUST JPMMT 2025 DSC2 A1 144A</title>
        <cusip>46659VAA6</cusip>
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          <isin value="US46659VAA61"/>
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        <curCd>USD</curCd>
        <valUSD>863639.020000</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>2065-10-25</maturityDt>
          <couponKind>Variable</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <name>JPMMT 2025-DSC2 A1B 144A</name>
        <lei>529900SXYOW2J5ABY729</lei>
        <title>JP MORGAN MORTGAGE TRUST JPMMT 2025 DSC2 A1B 144A</title>
        <cusip>46659VAC2</cusip>
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          <isin value="US46659VAC28"/>
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        <curCd>USD</curCd>
        <valUSD>435570.150000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-10-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.1950000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JPMORGAN CHASE &amp; CO</name>
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        <title>JPMORGAN CHASE + CO SR UNSECURED 02/28 VAR</title>
        <cusip>46647PCW4</cusip>
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        <curCd>USD</curCd>
        <valUSD>8933023.890000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-24</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.9470000000</annualizedRt>
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        <name>JPMORGAN CHASE &amp; CO</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
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        <cusip>46647PDG8</cusip>
        <identifiers>
          <isin value="US46647PDG81"/>
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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>2028-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.8510000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>KAZMUNAYGAS NATIONAL CO</name>
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        <title>KAZMUNAYGAS NATIONAL CO SR UNSECURED REGS 04/27 4.75</title>
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          <isin value="XS1595713782"/>
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        <valUSD>1410306.330000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.7500000000</annualizedRt>
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      <invstOrSec>
        <name>KEURIG DR PEPPER INC 4/2 144A</name>
        <lei>DYTQ8KRTKO7Y2BVU5K74</lei>
        <title>KEURIG DR PEPPER</title>
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          <isin value="US49271KJ471"/>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
          <annualizedRt>0.0000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <name>KEURIG DR PEPPER INC</name>
        <lei>DYTQ8KRTKO7Y2BVU5K74</lei>
        <title>KEURIG DR PEPPER INC COMPANY GUAR 05/28 4.35</title>
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        <name>KEURIG DR PEPPER INC</name>
        <lei>DYTQ8KRTKO7Y2BVU5K74</lei>
        <title>KEURIG DR PEPPER INC COMPANY GUAR 11/26 VAR</title>
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      <invstOrSec>
        <name>KKR 18 A1R2 144A</name>
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        <title>KKR FINANCIAL CLO LTD KKR 18 A1R2 144A</title>
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          <isin value="US48251JAS24"/>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>KKR 40A AR 144A</name>
        <lei>N/A</lei>
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        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>KKR 49A X 144A</name>
        <lei>254900INVX52IGNLYK29</lei>
        <title>KKR FINANCIAL CLO LTD KKR 49A X 144A</title>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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        <name>KOREA TOBACCO &amp; GINSENG</name>
        <lei>988400ZJV6ISYBLQX875</lei>
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        <name>MFRA 2023-NQM4 A1 144A</name>
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        <name>MSRM 2026-NQM4 A1 144A</name>
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        <name>MOTOROLA SOLUTIONS INC 4/2 CP</name>
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        <name>MSCI INC 144A</name>
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        <name>MVWOT 2020-1A A 144A</name>
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        <name>MVWOT 2021-1WA A 144A</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>MVWOT 2021-2A A 144A</name>
        <lei>N/A</lei>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>MYLAN INC</name>
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        <name>NATIONWIDE BLDG SOCIETY 144A</name>
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      <invstOrSec>
        <name>NAVSL 2019-D A2B 144A</name>
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        <name>NAVSL 2020-FA A 144A</name>
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        <name>NAVSL 2020-GA A 144A</name>
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        <name>NAVSL 2020-HA A 144A</name>
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        <name>NAVSL 2021-CA A 144A</name>
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        <name>NAVSL 2021-GA A 144A</name>
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        <name>NAVMT 2025-1 A 144A</name>
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        <name>NSLT 2020-1A A 144A</name>
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        <name>NSLT 2021-BA AFL 144A</name>
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      <invstOrSec>
        <name>NSLT 2021-DA AFL 144A</name>
        <lei>N/A</lei>
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        <name>NEUB 2022-50A AR2 144A</name>
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        <name>WOODS 2018-14BA AR 144A</name>
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        <name>OCTL 2023-3A B 144A</name>
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        <name>OCTL 2023-3A C 144A</name>
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        <name>OCTL 2023-3A D 144A</name>
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        <name>OCTL 2024-3A A2 144A</name>
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      <invstOrSec>
        <name>OCTL 2024-RVM1 A 144A</name>
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      </invstOrSec>
      <invstOrSec>
        <name>PNC BANK NA</name>
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      </invstOrSec>
      <invstOrSec>
        <name>POST 2021-1A AR 144A</name>
        <lei>N/A</lei>
        <title>POST CLO LTD POST 2021 1A AR 144A</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PREF 2025-1A A2 144A</name>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PREF 2026-1A A2 144A</name>
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      <invstOrSec>
        <name>PROG 2021-SFR8 A 144A</name>
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          <isin value="US74333TAA79"/>
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      <invstOrSec>
        <name>PROG 2021-SFR8 C 144A</name>
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        <name>JPMorgan Chase Bank N.A.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>RAD 2023-21A A1R 144A</name>
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      <invstOrSec>
        <name>REGAL REXNORD CORP</name>
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        <name>REXFORD INDUSTRIAL REALT</name>
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        <name>ROGERS COMMUNICATIONS 4/2 144A CP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ROGERS COMMUNICATIONS 4/2 144A CP</name>
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        <name>ROGERS COMMUNICATIONS IN</name>
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        <name>ROLLS-ROYCE PLC 144A</name>
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        <invCountry>GB</invCountry>
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        <name>ROYAL CARIBBEAN CRUISES 144A</name>
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        <invCountry>LR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>ROYAL CARIBBEAN CRUISES 144A</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SANDS CHINA LTD</name>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SBCLN 2023-B A2 144A</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>SBCLN 2024-A A2 144A</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>SBCLN 2024-B A2 144A</name>
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          <couponKind>Fixed</couponKind>
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        <name>SBCLN 2024-B B 144A</name>
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          <couponKind>Fixed</couponKind>
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        <name>SBCLN 2025-A B 144A</name>
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          <couponKind>Fixed</couponKind>
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        <name>SBCLN 2026-A A2 144A</name>
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          <couponKind>Fixed</couponKind>
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        <name>SBCLN 2026-A B 144A</name>
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          <couponKind>Fixed</couponKind>
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        <name>SDART 2023-5 B</name>
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          <couponKind>Fixed</couponKind>
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        <name>SDART 2024-2 B</name>
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        <name>SDART 2024-5 A3</name>
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        <name>SDART 2025-1 B</name>
        <lei>N/A</lei>
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        <name>SDART 2025-4 B</name>
        <lei>N/A</lei>
        <title>SANTANDER DRIVE AUTO RECEIVABL SDART 2025 4 B</title>
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      <invstOrSec>
        <name>SDART 2026-1 B</name>
        <lei>N/A</lei>
        <title>SANTANDER DRIVE AUTO RECEIVABL SDART 2026 1 B</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>SANTANDER HOLDINGS USA</name>
        <lei>549300SMVCQN2P0O6I58</lei>
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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>2030-06-05</maturityDt>
          <couponKind>Variable</couponKind>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>SAN 2026-NQM5 A1 144A</name>
        <lei>2549002M4FE0UIHNQI95</lei>
        <title>SANTANDER MORTGAGE ASSET RECEI SAN 2026 NQM5 A1 144A</title>
        <cusip>802633AC1</cusip>
        <identifiers>
          <isin value="US802633AC18"/>
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        <balance>3283224.220000</balance>
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        <curCd>USD</curCd>
        <valUSD>3259518.030000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>5.4550000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SANTANDER UK GROUP HLDGS</name>
        <lei>549300F5XIFGNNW4CF72</lei>
        <title>SANTANDER UK GROUP HLDGS SR UNSECURED 01/28 VAR</title>
        <cusip>80281LAR6</cusip>
        <identifiers>
          <isin value="US80281LAR69"/>
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        <balance>500000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>495862.870000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>2.4690000000</annualizedRt>
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      <invstOrSec>
        <name>SANTANDER UK GROUP HLDGS</name>
        <lei>549300F5XIFGNNW4CF72</lei>
        <title>SANTANDER UK GROUP HLDGS SR UNSECURED 09/29 VAR</title>
        <cusip>80281LAX3</cusip>
        <identifiers>
          <isin value="US80281LAX38"/>
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        <balance>2720000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2684241.330000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-22</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.3200000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SAUDI INTERNATIONAL BOND 144A</name>
        <lei>635400FMICXSM3SI3H65</lei>
        <title>SAUDI INTERNATIONAL BOND SR UNSECURED 144A 01/28 5.125</title>
        <cusip>80413TBJ7</cusip>
        <identifiers>
          <isin value="US80413TBJ79"/>
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        <balance>1350000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1355919.640000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.1250000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SAUDI 144A</name>
        <lei>635400FMICXSM3SI3H65</lei>
        <title>SAUDI INTERNATIONAL BOND SR UNSECURED 144A 01/29 4.125</title>
        <cusip>80413TBP3</cusip>
        <identifiers>
          <isin value="US80413TBP30"/>
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        <balance>3250000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3193479.320000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.1250000000</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>SBA COMMUNICATIONS CORP</name>
        <lei>5299001HX8ZN8Y8QIT49</lei>
        <title>SBA COMMUNICATIONS CORP SR UNSECURED 02/27 3.875</title>
        <cusip>78410GAD6</cusip>
        <identifiers>
          <isin value="US78410GAD60"/>
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        <balance>6500000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6481389.270000</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>3.8750000000</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>SBA TOWER TRUST 144A</name>
        <lei>N/A</lei>
        <title>SBA TOWER TRUST ASSET BACKED 144A 04/27 1.84</title>
        <cusip>78403DAV2</cusip>
        <identifiers>
          <isin value="US78403DAV29"/>
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        <balance>2670000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2622467.060000</valUSD>
        <pctVal>0.1732940813</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.8400000000</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>SBA TOWER TRUST 144A</name>
        <lei>N/A</lei>
        <title>SBA TOWER TRUST ASSET BACKED 144A 05/51 1.631</title>
        <cusip>78403DAT7</cusip>
        <identifiers>
          <isin value="US78403DAT72"/>
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        <balance>650000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>646260.940000</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>2026-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.6310000000</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>SCFET 2023-1A A3 144A</name>
        <lei>N/A</lei>
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        <cusip>784024AC5</cusip>
        <identifiers>
          <isin value="US784024AC56"/>
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        <balance>69934.540000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>70292.790000</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>2032-05-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.1700000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SCFET 2023-1A B 144A</name>
        <lei>N/A</lei>
        <title>SCF EQUIPMENT TRUST LLC SCFET 2023 1A B 144A</title>
        <cusip>784024AD3</cusip>
        <identifiers>
          <isin value="US784024AD30"/>
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        <balance>43000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>43587.410000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.3700000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SCFET 2025-1A A2 144A</name>
        <lei>N/A</lei>
        <title>SCF EQUIPMENT TRUST LLC SCFET 2025 1A A2 144A</title>
        <cusip>78437DAB6</cusip>
        <identifiers>
          <isin value="US78437DAB64"/>
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        <balance>94829.030000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>94840.770000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.8200000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>SDR 2024-DSNY A 144A</name>
        <lei>N/A</lei>
        <title>SDR COMMERCIAL MORTGAGE TRUST SDR 2024 DSNY A 144A</title>
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        <identifiers>
          <isin value="US811304AA27"/>
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        <balance>600000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>600375.000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>SSTRT 2025-A B 144A</name>
        <lei>254900DVX7EZK9JMUP63</lei>
        <title>SECURITIZED TERM AUTO RECEIVAB SSTRT 2025 A B 144A</title>
        <cusip>81378RAB0</cusip>
        <identifiers>
          <isin value="US81378RAB06"/>
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        <curCd>USD</curCd>
        <valUSD>208971.520000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SSTRT 2025-B B 144A</name>
        <lei>N/A</lei>
        <title>SECURITIZED TERM AUTO RECEIVAB SSTRT 2025 B B 144A</title>
        <cusip>81378WAB9</cusip>
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          <isin value="US81378WAB90"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.9250000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>SSTRT 2026-A B 144A</name>
        <lei>254900DVX7EZK9JMUP63</lei>
        <title>SECURITIZED TERM AUTO RECEIVAB SSTRT 2026 A B 144A</title>
        <cusip>81378WAF0</cusip>
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          <isin value="US81378WAF05"/>
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        <balance>2862134.580000</balance>
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        <curCd>USD</curCd>
        <valUSD>2837895.450000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-03-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.2840000000</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>N/A</name>
        <lei>N/A</lei>
        <title>SEMPRA ENERGY</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="US81686NJQ43"/>
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        <balance>7000000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6981779.700000</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>2026-09-24</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.0000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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        <name>SHMLT 2022-SH1 A1A 144A</name>
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        <name>STANDARD CHARTERED BK/NY</name>
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        <name>STANDARD CHARTERED PLC 144A</name>
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        <name>STANDARD CHARTERED PLC 144A</name>
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        <name>STANDARD CHARTERED PLC 144A</name>
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        <name>STANDARD CHARTERED PLC 144A</name>
        <lei>U4LOSYZ7YG4W3S5F2G91</lei>
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        <name>STATE BANK INDIA/LONDON</name>
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        <name>STATE BANK INDIA/LONDON</name>
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        <name>SRIDE 2026-1A A 144A</name>
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        <name>VIDEOTRON LTD 4/2 CP</name>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>VIDEOTRON LTD 4/2 CP</name>
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        <name>VIDEOTRON LTD 144A</name>
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        <name>VWALT 2024-A A3</name>
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        <name>VOLKSWAGEN GROUP AMERICA 144A</name>
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        <name>VOLKSWAGEN GROUP AMERICA 144A</name>
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        <name>VOLKSWAGEN GROUP AMERICA 144A</name>
        <lei>5493002SQ1AVQBY41K40</lei>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VOLKSWAGEN GROUP AMERICA 144A</name>
        <lei>5493002SQ1AVQBY41K40</lei>
        <title>VOLKSWAGEN GROUP AMERICA COMPANY GUAR 144A 11/28 6.2</title>
        <cusip>928668CB6</cusip>
        <identifiers>
          <isin value="US928668CB67"/>
        </identifiers>
        <balance>250000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>255699.250000</valUSD>
        <pctVal>0.0168967486</pctVal>
        <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>6.2000000000</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>WELF 2021-2A A1R 144A</name>
        <lei>2549005MTORTL04RYQ32</lei>
        <title>WELLFLEET CLO LTD WELF 2021 2A A1R 144A</title>
        <cusip>95023AAL4</cusip>
        <identifiers>
          <isin value="US95023AAL44"/>
        </identifiers>
        <balance>3360000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3360994.560000</valUSD>
        <pctVal>0.2220963891</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.9029200000</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>WELLS FARGO &amp; COMPANY</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>WELLS FARGO + COMPANY SR UNSECURED 04/28 VAR</title>
        <cusip>95000U3L5</cusip>
        <identifiers>
          <isin value="US95000U3L56"/>
        </identifiers>
        <balance>430000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>432941.040000</valUSD>
        <pctVal>0.0286089846</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-22</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.7070000000</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>WELLS FARGO &amp; COMPANY</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>WELLS FARGO + COMPANY SR UNSECURED 05/28 VAR</title>
        <cusip>95000U2A0</cusip>
        <identifiers>
          <isin value="US95000U2A01"/>
        </identifiers>
        <balance>4075000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4046022.020000</valUSD>
        <pctVal>0.2673633845</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-22</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.5840000000</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>WELLS FARGO &amp; COMPANY</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>WELLS FARGO + COMPANY SR UNSECURED 07/29 VAR</title>
        <cusip>95000U3E1</cusip>
        <identifiers>
          <isin value="US95000U3E14"/>
        </identifiers>
        <balance>4500000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4561784.330000</valUSD>
        <pctVal>0.3014452447</pctVal>
        <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>5.5740000000</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>WFCM 2016-LC25 A4</name>
        <lei>N/A</lei>
        <title>WELLS FARGO COMMERCIAL MORTGAG WFCM 2016 LC25 A4</title>
        <cusip>95000JAV0</cusip>
        <identifiers>
          <isin value="US95000JAV08"/>
        </identifiers>
        <balance>531571.620000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>530389.510000</valUSD>
        <pctVal>0.0350484337</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.6400000000</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>WESTERN MIDSTREAM OPERAT 4/2 144A CP</name>
        <lei>L6D8A6MLSY454J2JXJ60</lei>
        <title>WESTERN MIDSTREAM OPER</title>
        <cusip>95866XJ43</cusip>
        <identifiers>
          <isin value="US95866XJ433"/>
        </identifiers>
        <balance>15000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>14993160.000000</valUSD>
        <pctVal>0.9907563483</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-04</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.0000000000</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>WFLF 2023-1A B 144A</name>
        <lei>549300BSFY0E0XXREF43</lei>
        <title>WHEELS FLEET LEASE FUNDING LLC WFLF 2023 1A B 144A</title>
        <cusip>96328GAT4</cusip>
        <identifiers>
          <isin value="US96328GAT40"/>
        </identifiers>
        <balance>150000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>150518.490000</valUSD>
        <pctVal>0.0099463455</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-04-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.8000000000</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>WHEELS 2026-1 A2A 144A</name>
        <lei>N/A</lei>
        <title>WHEELS FLEET LEASE FUNDING LLC WHEELS 2026 1A A2A 144A</title>
        <cusip>96329JAB6</cusip>
        <identifiers>
          <isin value="US96329JAB61"/>
        </identifiers>
        <balance>1545000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1541186.320000</valUSD>
        <pctVal>0.1018424488</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-04-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.3000000000</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>WILLIS NORTH AMERICA INC</name>
        <lei>5493004KVU1HWZCP0C66</lei>
        <title>WILLIS NORTH AMERICA INC COMPANY GUAR 06/27 4.65</title>
        <cusip>970648AL5</cusip>
        <identifiers>
          <isin value="US970648AL56"/>
        </identifiers>
        <balance>2650000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2651688.660000</valUSD>
        <pctVal>0.1752250609</pctVal>
        <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>4.6500000000</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>WINDR 2022-1AR ARR 144A</name>
        <lei>N/A</lei>
        <title>WIND RIVER CLO LTD WINDR 2022 1A ARR 144A</title>
        <cusip>97316YBE9</cusip>
        <identifiers>
          <isin value="US97316YBE95"/>
        </identifiers>
        <balance>4220000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4221666.900000</valUSD>
        <pctVal>0.2789700958</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.8792100000</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>WEF 2025-1A A2 144A</name>
        <lei>N/A</lei>
        <title>WINGSPIRE EQUIPMENT FINANCE LL WEF 2025 1A A2 144A</title>
        <cusip>97415CAB4</cusip>
        <identifiers>
          <isin value="US97415CAB46"/>
        </identifiers>
        <balance>416787.430000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>415886.630000</valUSD>
        <pctVal>0.0274820197</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.3300000000</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>WEF 2025-1A C 144A</name>
        <lei>N/A</lei>
        <title>WINGSPIRE EQUIPMENT FINANCE LL WEF 2025 1A C 144A</title>
        <cusip>97415CAD0</cusip>
        <identifiers>
          <isin value="US97415CAD02"/>
        </identifiers>
        <balance>1054000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1042511.190000</valUSD>
        <pctVal>0.0688897190</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.7600000000</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>WOSAT 2023-A C</name>
        <lei>N/A</lei>
        <title>WORLD OMNI SELECT AUTO TRUST WOSAT 2023 A C</title>
        <cusip>98163UAF7</cusip>
        <identifiers>
          <isin value="US98163UAF75"/>
        </identifiers>
        <balance>128404.510000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>128802.690000</valUSD>
        <pctVal>0.0085113534</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.0000000000</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>YMMT 2026-A A1 144A</name>
        <lei>N/A</lei>
        <title>YAMAHA MOTOR MASTER TRUST YMMT 2026 A A1 144A</title>
        <cusip>98463GAG3</cusip>
        <identifiers>
          <isin value="US98463GAG38"/>
        </identifiers>
        <balance>2000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1981994.800000</valUSD>
        <pctVal>0.1309713183</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.4300000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-10-09</ncom:dateSigned>
      <ncom:nameOfApplicant>T. Rowe Price Exchange-Traded Funds, Inc.</ncom:nameOfApplicant>
      <ncom:signature>/s/ Alan Dupski</ncom:signature>
      <ncom:signerName>Alan Dupski</ncom:signerName>
      <ncom:title>Treasurer &amp; Vice President</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
