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      <regStateConditional regCountry="US" regState="US-NY"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>13.13366000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>CWALT 2006-40T1 2A1</title>
        <cusip>02148KAQ7</cusip>
        <identifiers>
          <isin value="US02148KAQ76"/>
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        <balance>104767.92420000</balance>
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        <curCd>USD</curCd>
        <valUSD>30559.70000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>COUNTRYWIDE ALTERNATIVE LOAN T</name>
        <lei>N/A</lei>
        <title>CWALT 2007-9T1 3A1</title>
        <cusip>02150JBA9</cusip>
        <identifiers>
          <isin value="US02150JBA97"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>American Home Mortgage Investment Trust</name>
        <lei>N/A</lei>
        <title>AHM 2004-1 2M1</title>
        <cusip>02660TAK9</cusip>
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          <isin value="US02660TAK97"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>6.84626000</annualizedRt>
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      <invstOrSec>
        <name>American Residential Helt 98-1</name>
        <lei>N/A</lei>
        <title>AMHEL 1998-1 B</title>
        <cusip>02926WAD8</cusip>
        <identifiers>
          <isin value="US02926WAD83"/>
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        <balance>21140.59180000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-25</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Amresco Residential Securities Corporation</name>
        <lei>N/A</lei>
        <title>AMRES 1999-1 A</title>
        <cusip>03215PFN4</cusip>
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          <isin value="US03215PFN42"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-25</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>ANGEL OAK SB COMMERCIAL MORTGAGE TRUST</name>
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        <title>AOMT 2020-SBC1 B1</title>
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          <isin value="US03465BAE74"/>
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        <assetCat>ABS-O</assetCat>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.65299900</annualizedRt>
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      <invstOrSec>
        <name>ANGEL OAK SB COMMERCIAL MORTGAGE TRUST</name>
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        <title>AOMT 2020-SBC1 B2</title>
        <cusip>03465BAF4</cusip>
        <identifiers>
          <isin value="US03465BAF40"/>
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        <balance>2124264.00000000</balance>
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        <assetCat>ABS-O</assetCat>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.37800000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ARBOR MULTIFAMILY MORTGAGE SECURITIES  TRUST</name>
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        <title>AMMST 2020-MF1 D</title>
        <cusip>03881BAQ6</cusip>
        <identifiers>
          <isin value="US03881BAQ68"/>
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        <balance>723000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>1.75000000</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>Argentina (Republic Of)</name>
        <lei>549300KPBYGYF7HCHO27</lei>
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        <cusip>040114HT0</cusip>
        <identifiers>
          <isin value="US040114HT09"/>
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        <balance>685000.00000000</balance>
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        <valUSD>434632.41000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-09</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Argentina (Republic Of)</name>
        <lei>549300KPBYGYF7HCHO27</lei>
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        <cusip>040114HX1</cusip>
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          <isin value="US040114HX11"/>
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        <balance>24086.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.00000000</annualizedRt>
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      <invstOrSec>
        <name>Asset Backed Funding Corp</name>
        <lei>5493009YQSUTUX056896</lei>
        <title>ABFC 2004-OPT2 A2</title>
        <cusip>04542BFV9</cusip>
        <identifiers>
          <isin value="US04542BFV99"/>
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        <balance>57259.08000000</balance>
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        <assetCat>ABS-O</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>BFLD TRUST 2020-EYP</name>
        <lei>N/A</lei>
        <title>BFLD 2020-EYP A</title>
        <cusip>05493AAA8</cusip>
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          <isin value="US05493AAA88"/>
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        <balance>350000.00000000</balance>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Bbsg Mortgage Trust 2016-Mrp</name>
        <lei>N/A</lei>
        <title>BBSG 2016-MRP A</title>
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          <isin value="US055287AA48"/>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bcap Llc Trust</name>
        <lei>N/A</lei>
        <title>BCAP 2011-RR5 12A1</title>
        <cusip>05534AAN1</cusip>
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          <isin value="US05534AAN19"/>
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        <assetCat>ABS-O</assetCat>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Blackrock Cap Fin</name>
        <lei>N/A</lei>
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          <isin value="US05535DBE31"/>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>Bcap Llc Trust</name>
        <lei>N/A</lei>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bcap Llc Trust</name>
        <lei>N/A</lei>
        <title>BCAP 2014-RR2 7A2</title>
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        <balance>609877.96450000</balance>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Banc Of America Mortgage Securities Inc.</name>
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        <name>Banc Of America Alternative Loan Trust</name>
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        <name>Banc Of America Mortgage Securities Inc.</name>
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        <name>Banc Of America Mortgage Securities Inc.</name>
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        <name>Banc America Funding 2007-2 Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bank 2017 Bnk8</name>
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        <name>Barclays Bank plc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Barclays Bank plc</name>
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        <name>Barclays Bank plc</name>
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        <name>Bayview Commercial Asset Trust 2008-1</name>
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        <name>Bayview Commercial Asset Trust 2006-SP2</name>
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        <name>Bayview Commercial Asset Trust 2006-SP2</name>
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        <valUSD>40212.28000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.42719200</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bayview Commercial Asset Trust 2006-SP2</name>
        <lei>N/A</lei>
        <title>BAYC 2005-4A M1</title>
        <cusip>07324SCT7</cusip>
        <identifiers>
          <isin value="US07324SCT78"/>
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        <balance>20454.90120000</balance>
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        <curCd>USD</curCd>
        <valUSD>18761.43000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.37719000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bayview Financial Revolving Asset Trust</name>
        <lei>N/A</lei>
        <title>BAYV 2004-B A1</title>
        <cusip>073250BE1</cusip>
        <identifiers>
          <isin value="US073250BE15"/>
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        <balance>2653328.06640000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2284625.58000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-05-28</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.68706000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bayview Financial Revolving Asset Trust</name>
        <lei>N/A</lei>
        <title>BAYV 2005-A M1</title>
        <cusip>073250BQ4</cusip>
        <identifiers>
          <isin value="US073250BQ45"/>
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        <balance>1204358.84550000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1132157.77000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-02-28</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.18706100</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bayview Commercial Asset Trust 2006-SP2</name>
        <lei>N/A</lei>
        <title>BAYC 2007-1 M2</title>
        <cusip>07325MAD6</cusip>
        <identifiers>
          <isin value="US07325MAD65"/>
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        <balance>69264.41000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>59718.93000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.13718900</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bayview Financial Mortgage Pass Through Trust 2005 B</name>
        <lei>N/A</lei>
        <title>BAYV 2005-D M2</title>
        <cusip>07325NCE0</cusip>
        <identifiers>
          <isin value="US07325NCE04"/>
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        <balance>1112000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1062085.88000000</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>2035-12-28</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.50000100</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bayview Financial Trust 2007 A</name>
        <lei>N/A</lei>
        <title>BFAT 2007-SR1A A</title>
        <cusip>07325QAA3</cusip>
        <identifiers>
          <isin value="US07325QAA31"/>
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        <balance>450244.52800000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>449914.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.15219000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bayview Cml Asst T</name>
        <lei>N/A</lei>
        <title>BAYC 2007-3 M1</title>
        <cusip>07325YAC2</cusip>
        <identifiers>
          <isin value="US07325YAC21"/>
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        <balance>1301483.25460000</balance>
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        <curCd>USD</curCd>
        <valUSD>1206952.62000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.16719200</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bayview Cml Asst T</name>
        <lei>N/A</lei>
        <title>BAYC 2007-3 M2</title>
        <cusip>07325YAD0</cusip>
        <identifiers>
          <isin value="US07325YAD04"/>
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        <balance>313476.10510000</balance>
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        <curCd>USD</curCd>
        <valUSD>283768.32000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.21219200</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bayview Cml Asst T</name>
        <lei>N/A</lei>
        <title>BAYC 2007-3 M3</title>
        <cusip>07325YAE8</cusip>
        <identifiers>
          <isin value="US07325YAE86"/>
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        <balance>410940.97040000</balance>
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        <curCd>USD</curCd>
        <valUSD>370574.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.25719200</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bayview Cml Asst T</name>
        <lei>N/A</lei>
        <title>BAYC 2007-3 M4</title>
        <cusip>07325YAF5</cusip>
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          <isin value="US07325YAF51"/>
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        <balance>774905.36330000</balance>
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        <curCd>USD</curCd>
        <valUSD>701445.73000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.45218900</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>BBCMS MORTGAGE TRUST 2024-C24</name>
        <lei>N/A</lei>
        <title>BBCMS 2024-C24 D</title>
        <cusip>07336VAE1</cusip>
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          <isin value="US07336VAE11"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>264850.91000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Beacon Hill CBO III Ltd.</name>
        <lei>N/A</lei>
        <title>GALLA 5A B</title>
        <cusip>073605AC1</cusip>
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          <isin value="US073605AC10"/>
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        <balance>3811848.65090000</balance>
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        <curCd>USD</curCd>
        <valUSD>3699723.89000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-19</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.48123900</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BEAR STEARNS ASSET BACKED SECU</name>
        <lei>N/A</lei>
        <title>BSABS 2001-A B</title>
        <cusip>07384JAA7</cusip>
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          <isin value="US07384JAA79"/>
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        <balance>237857.64440000</balance>
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        <curCd>USD</curCd>
        <valUSD>238086.61000000</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>2031-02-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.50000100</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bear Stearns Arm Trust</name>
        <lei>N/A</lei>
        <title>BSARM 2004-8 13A1</title>
        <cusip>07384M2C5</cusip>
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          <isin value="US07384M2C50"/>
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        <balance>847509.42600000</balance>
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        <curCd>USD</curCd>
        <valUSD>750735.04000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.15844100</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bear Stearns Arm Trust</name>
        <lei>N/A</lei>
        <title>BSARM 2004-8 2A1</title>
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          <isin value="US07384M2E17"/>
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        <balance>31064.30000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.15844100</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bear Stearns Arm Trust</name>
        <lei>N/A</lei>
        <title>BSARM 2004-10 12A5</title>
        <cusip>07384M5Y4</cusip>
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          <isin value="US07384M5Y44"/>
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        <balance>37919.76710000</balance>
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        <curCd>USD</curCd>
        <valUSD>36652.94000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.93322800</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bear Stearns Arm Trust</name>
        <lei>N/A</lei>
        <title>BSARM 2004-1 124M</title>
        <cusip>07384MG89</cusip>
        <identifiers>
          <isin value="US07384MG896"/>
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        <balance>99301.69870000</balance>
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        <curCd>USD</curCd>
        <valUSD>87050.88000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.25587000</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>Bear Stearns Arm Trust</name>
        <lei>N/A</lei>
        <title>BSARM 2004-1 21A1</title>
        <cusip>07384MK27</cusip>
        <identifiers>
          <isin value="US07384MK278"/>
        </identifiers>
        <balance>9399.11200000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8714.79000000</valUSD>
        <pctVal>0.002550767890</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.39924800</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>Bear Stearns Arm Trust</name>
        <lei>N/A</lei>
        <title>BSARM 2004-5 2A</title>
        <cusip>07384MS78</cusip>
        <identifiers>
          <isin value="US07384MS784"/>
        </identifiers>
        <balance>87299.89830000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>74025.72000000</valUSD>
        <pctVal>0.021666893829</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00010100</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>Bear Stearns Arm Trust</name>
        <lei>N/A</lei>
        <title>BSARM 2003-1 1A1</title>
        <cusip>07384MTH5</cusip>
        <identifiers>
          <isin value="US07384MTH50"/>
        </identifiers>
        <balance>612534.77370000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>510786.81000000</valUSD>
        <pctVal>0.149504301769</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.91804200</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>Bear Stearns Arm Trust</name>
        <lei>N/A</lei>
        <title>BSARM 2003-4 B1</title>
        <cusip>07384MVW9</cusip>
        <identifiers>
          <isin value="US07384MVW99"/>
        </identifiers>
        <balance>57868.31140000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>53109.26000000</valUSD>
        <pctVal>0.015544768733</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.71519200</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>Bear Stearns Arm Trust</name>
        <lei>N/A</lei>
        <title>BSARM 2004-6 3A</title>
        <cusip>07384MW81</cusip>
        <identifiers>
          <isin value="US07384MW810"/>
        </identifiers>
        <balance>89132.17910000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>84725.30000000</valUSD>
        <pctVal>0.024798598105</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.32880100</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>Bear Stearns Arm Trust</name>
        <lei>N/A</lei>
        <title>BSARM 2003-5 1A1</title>
        <cusip>07384MWF5</cusip>
        <identifiers>
          <isin value="US07384MWF57"/>
        </identifiers>
        <balance>27964.01000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>26805.07000000</valUSD>
        <pctVal>0.007845686685</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.56752000</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>Bear Stearns Arm Trust</name>
        <lei>N/A</lei>
        <title>BSARM 2003-7 6A</title>
        <cusip>07384MYW6</cusip>
        <identifiers>
          <isin value="US07384MYW62"/>
        </identifiers>
        <balance>3324.59400000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3198.09000000</valUSD>
        <pctVal>0.000936062175</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.54257900</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>Bear Stearns Arm Trust</name>
        <lei>N/A</lei>
        <title>BSARM 2003-8 2A1</title>
        <cusip>07384MZS4</cusip>
        <identifiers>
          <isin value="US07384MZS42"/>
        </identifiers>
        <balance>39865.57000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>37118.99000000</valUSD>
        <pctVal>0.010864510542</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.68372700</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>Bear Stearns Asset Backed Securities Trust</name>
        <lei>N/A</lei>
        <title>BSABS 2003-AC7 A1</title>
        <cusip>07384YPH3</cusip>
        <identifiers>
          <isin value="US07384YPH35"/>
        </identifiers>
        <balance>540617.59540000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>454648.32000000</valUSD>
        <pctVal>0.133072895191</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.50000100</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>Bear Stearns Alternative A Trust</name>
        <lei>N/A</lei>
        <title>BALTA 2004-11 2A1</title>
        <cusip>07386HMV0</cusip>
        <identifiers>
          <isin value="US07386HMV05"/>
        </identifiers>
        <balance>3483.84000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3251.78000000</valUSD>
        <pctVal>0.000951776923</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.20702800</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>Bear Stearns Alternative A Trust</name>
        <lei>N/A</lei>
        <title>BALTA 2005-4 23A2</title>
        <cusip>07386HSZ5</cusip>
        <identifiers>
          <isin value="US07386HSZ54"/>
        </identifiers>
        <balance>25157.93000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>21556.59000000</valUSD>
        <pctVal>0.006309487389</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.53567000</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>Bear Stearns Asset Backed Securities I Trust 2004 Ac5</name>
        <lei>N/A</lei>
        <title>BSABS 2004-FR2 M4</title>
        <cusip>073879FJ2</cusip>
        <identifiers>
          <isin value="US073879FJ25"/>
        </identifiers>
        <balance>14211.26200000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>14009.96000000</valUSD>
        <pctVal>0.004100633075</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.92539000</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>Bear Stearns Asset Backed Securities I Trust 2004 Ac5</name>
        <lei>N/A</lei>
        <title>BSABS 2006-AC2 21A6</title>
        <cusip>07387UGU9</cusip>
        <identifiers>
          <isin value="US07387UGU97"/>
        </identifiers>
        <balance>582639.69000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>246720.23000000</valUSD>
        <pctVal>0.072213563460</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-03-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bear Stearns Arm</name>
        <lei>N/A</lei>
        <title>BSARM 2007-3 2A1</title>
        <cusip>073881AD6</cusip>
        <identifiers>
          <isin value="US073881AD63"/>
        </identifiers>
        <balance>887519.57650000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>760695.78000000</valUSD>
        <pctVal>0.222651190715</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.20604600</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>Bear Stearns Structured Products Inc.</name>
        <lei>N/A</lei>
        <title>BSSP 2007-R6 1A1</title>
        <cusip>07402FAA3</cusip>
        <identifiers>
          <isin value="US07402FAA30"/>
        </identifiers>
        <balance>134176.57400000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>102645.21000000</valUSD>
        <pctVal>0.030043650600</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-26</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.55675100</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>Bella Vista Mortgage Trust</name>
        <lei>N/A</lei>
        <title>BVMBS 2004-1 1A</title>
        <cusip>07820QAA3</cusip>
        <identifiers>
          <isin value="US07820QAA31"/>
        </identifiers>
        <balance>18008.90000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>17665.25000000</valUSD>
        <pctVal>0.005170515007</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.42493000</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>BENCHMARK MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>BMARK 2019-B9 B</title>
        <cusip>08160JAJ6</cusip>
        <identifiers>
          <isin value="US08160JAJ60"/>
        </identifiers>
        <balance>130000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>111569.13000000</valUSD>
        <pctVal>0.032655629615</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.46810000</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>BENCHMARK MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>BMARK 2020-IG1 AS</title>
        <cusip>08162LAF7</cusip>
        <identifiers>
          <isin value="US08162LAF76"/>
        </identifiers>
        <balance>7000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5203976.40000000</valUSD>
        <pctVal>1.523173353103</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-09-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.90859800</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>BENCHMARK MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>BMARK 2020-B17 E</title>
        <cusip>08162MAE8</cusip>
        <identifiers>
          <isin value="US08162MAE84"/>
        </identifiers>
        <balance>900000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>479226.86000000</valUSD>
        <pctVal>0.140266889612</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BENCHMARK MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>BMARK 2020-B17 C</title>
        <cusip>08162MBD9</cusip>
        <identifiers>
          <isin value="US08162MBD92"/>
        </identifiers>
        <balance>470000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>335375.60000000</valUSD>
        <pctVal>0.098162469991</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-03-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.37070200</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>BENCHMARK MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>BMARK 2020-IG2 B</title>
        <cusip>08162NAM8</cusip>
        <identifiers>
          <isin value="US08162NAM83"/>
        </identifiers>
        <balance>2500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1497485.25000000</valUSD>
        <pctVal>0.438305144786</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-09-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.40282800</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>BENCHMARK MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>BMARK 2020-IG3 A4</title>
        <cusip>08162QAE9</cusip>
        <identifiers>
          <isin value="US08162QAE98"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>79663.14000000</valUSD>
        <pctVal>0.023316933580</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.43690000</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>BENCHMARK MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>BMARK 2020-IG3 B</title>
        <cusip>08162QAN9</cusip>
        <identifiers>
          <isin value="US08162QAN97"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>512307.80000000</valUSD>
        <pctVal>0.149949486617</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-09-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.38788400</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>BENCHMARK MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>BMARK 2020-IG3 C</title>
        <cusip>08162QAQ2</cusip>
        <identifiers>
          <isin value="US08162QAQ29"/>
        </identifiers>
        <balance>220000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>63684.98000000</valUSD>
        <pctVal>0.018640219915</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-09-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.38788400</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>BENCHMARK MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>BMARK 2020-B19 B</title>
        <cusip>08162WBG0</cusip>
        <identifiers>
          <isin value="US08162WBG06"/>
        </identifiers>
        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>377868.60000000</valUSD>
        <pctVal>0.110599921724</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.35100000</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>BENCHMARK MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>BMARK 2021-B24 A2</title>
        <cusip>08163CAZ2</cusip>
        <identifiers>
          <isin value="US08163CAZ23"/>
        </identifiers>
        <balance>495000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>445985.09000000</valUSD>
        <pctVal>0.130537218610</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.95330000</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>BENCHMARK 2021-B31 MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>BMARK 2021-B31 C</title>
        <cusip>08163MAK3</cusip>
        <identifiers>
          <isin value="US08163MAK36"/>
        </identifiers>
        <balance>328000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>231250.80000000</valUSD>
        <pctVal>0.067685752080</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-12-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.19500000</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>BREAN ASSET BACKED SECURITIES TRUST</name>
        <lei>N/A</lei>
        <title>BABS 2021-RM1 M1</title>
        <cusip>10638CAB8</cusip>
        <identifiers>
          <isin value="US10638CAB81"/>
        </identifiers>
        <balance>3293914.85980000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2570712.79000000</valUSD>
        <pctVal>0.752432547582</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2063-10-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.60000000</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>Business Loan 07-A</name>
        <lei>N/A</lei>
        <title>BLX 2007-AA A</title>
        <cusip>12328RAA8</cusip>
        <identifiers>
          <isin value="US12328RAA86"/>
        </identifiers>
        <balance>2022859.20000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1865914.05000000</valUSD>
        <pctVal>0.546142092447</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-10-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.12065100</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>Business Loan 07-A</name>
        <lei>N/A</lei>
        <title>BLX 2007-AA C</title>
        <cusip>12328RAC4</cusip>
        <identifiers>
          <isin value="US12328RAC43"/>
        </identifiers>
        <balance>48390.58490000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>40699.84000000</valUSD>
        <pctVal>0.011912604323</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-10-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.87065000</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>BWAY COMMERCIAL MORTGAGE TRUST 2022-26BW</name>
        <lei>N/A</lei>
        <title>BWAY 2022-26BW A</title>
        <cusip>12429EAA5</cusip>
        <identifiers>
          <isin value="US12429EAA55"/>
        </identifiers>
        <balance>3300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2621326.29000000</valUSD>
        <pctVal>0.767246822010</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-02-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.40200000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bx Trust 2017-Appl</name>
        <lei>N/A</lei>
        <title>BX 2017-CQHP A</title>
        <cusip>12433QAA2</cusip>
        <identifiers>
          <isin value="US12433QAA22"/>
        </identifiers>
        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1446194.10000000</valUSD>
        <pctVal>0.423292526179</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.50699900</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>C-Bass ABS LLC</name>
        <lei>N/A</lei>
        <title>CBASS 2004-RP1 B1</title>
        <cusip>124860EL7</cusip>
        <identifiers>
          <isin value="US124860EL73"/>
        </identifiers>
        <balance>1360918.06930000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1343683.13000000</valUSD>
        <pctVal>0.393288166839</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.45219200</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>Cd 2016-Cd2 Mortga</name>
        <lei>N/A</lei>
        <title>CD 2016-CD2 B</title>
        <cusip>12515ABH2</cusip>
        <identifiers>
          <isin value="US12515ABH23"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>861289.50000000</valUSD>
        <pctVal>0.252094382231</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-11-10</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.87900000</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>CD 2017 Cd3 Mortgage Trust</name>
        <lei>N/A</lei>
        <title>CD 2017-CD4 AM</title>
        <cusip>12515DAT1</cusip>
        <identifiers>
          <isin value="US12515DAT19"/>
        </identifiers>
        <balance>800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>747568.00000000</valUSD>
        <pctVal>0.218808766548</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-05-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.74600000</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>CD 2017 Cd3 Mortgage Trust</name>
        <lei>N/A</lei>
        <title>CD 2017-CD3 AS</title>
        <cusip>12515GAF4</cusip>
        <identifiers>
          <isin value="US12515GAF46"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>895698.20000000</valUSD>
        <pctVal>0.262165606796</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-02-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.83300000</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>CD 2017 Cd3 Mortgage Trust</name>
        <lei>N/A</lei>
        <title>CD 2017-CD3 D</title>
        <cusip>12515GAM9</cusip>
        <identifiers>
          <isin value="US12515GAM96"/>
        </identifiers>
        <balance>72000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>14290.78000000</valUSD>
        <pctVal>0.004182827441</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-02-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CFCRE Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>CFCRE 2011-C2 D</title>
        <cusip>12527DAF7</cusip>
        <identifiers>
          <isin value="US12527DAF78"/>
        </identifiers>
        <balance>137217.65920000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>131154.34000000</valUSD>
        <pctVal>0.038388105647</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-12-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.07983400</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>CG-CCRE Commercial Mortgage Trust 2014-1FL1</name>
        <lei>N/A</lei>
        <title>CGCC 2014-FL1 B</title>
        <cusip>12528MAC3</cusip>
        <identifiers>
          <isin value="US12528MAC38"/>
        </identifiers>
        <balance>1990236.43500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1912680.50000000</valUSD>
        <pctVal>0.559830357916</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.87377100</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>CFK TRUST</name>
        <lei>N/A</lei>
        <title>CFK 2020-MF2 A</title>
        <cusip>12529AAA2</cusip>
        <identifiers>
          <isin value="US12529AAA25"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>88223.75000000</valUSD>
        <pctVal>0.025822573890</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.38700000</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>Cf 2019-Cf3 Mortgage Trust</name>
        <lei>N/A</lei>
        <title>CF 2019-CF3 E</title>
        <cusip>12529TAE3</cusip>
        <identifiers>
          <isin value="US12529TAE38"/>
        </identifiers>
        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>276571.71000000</valUSD>
        <pctVal>0.080950916474</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-01-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.49999800</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>CFMT 2022-HB9 LLC 2022-2</name>
        <lei>N/A</lei>
        <title>CFMT 2022-HB9 M3</title>
        <cusip>12530GAD0</cusip>
        <identifiers>
          <isin value="US12530GAD07"/>
        </identifiers>
        <balance>230000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>201688.24000000</valUSD>
        <pctVal>0.059032964254</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.25000100</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>CHL Mortgage Pass-Through Trust</name>
        <lei>N/A</lei>
        <title>CWHL 2006-R2 AF1</title>
        <cusip>125435AA5</cusip>
        <identifiers>
          <isin value="US125435AA57"/>
        </identifiers>
        <balance>69281.98080000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>62075.37000000</valUSD>
        <pctVal>0.018169096513</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.12219200</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>Countrywide Home Loans, Inc.</name>
        <lei>N/A</lei>
        <title>CWHL 2007-HY1 2A1</title>
        <cusip>12544EAC1</cusip>
        <identifiers>
          <isin value="US12544EAC12"/>
        </identifiers>
        <balance>77870.54550000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>71458.58000000</valUSD>
        <pctVal>0.020915507016</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.15559900</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>CHNGE MORTGAGE TRUST 2022-2</name>
        <lei>N/A</lei>
        <title>CHNGE 2022-2 B2</title>
        <cusip>12546YAD3</cusip>
        <identifiers>
          <isin value="US12546YAD31"/>
        </identifiers>
        <balance>225000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>146938.03000000</valUSD>
        <pctVal>0.043007899085</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2067-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.62081200</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>CHNGE MORTGAGE TRUST 2023-1</name>
        <lei>N/A</lei>
        <title>CHNGE 2023-1 M1</title>
        <cusip>12547QAB3</cusip>
        <identifiers>
          <isin value="US12547QAB32"/>
        </identifiers>
        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>251272.43000000</valUSD>
        <pctVal>0.073545965686</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.23653700</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>Commercial Mortgage Trust 2013-CR</name>
        <lei>N/A</lei>
        <title>COMM 2013-CR12 AM</title>
        <cusip>12591KAG0</cusip>
        <identifiers>
          <isin value="US12591KAG04"/>
        </identifiers>
        <balance>1922258.90640000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1782678.50000000</valUSD>
        <pctVal>0.521779535424</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-10-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.30000000</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>Commercial Mortgage Trust 2013-CR</name>
        <lei>N/A</lei>
        <title>COMM 2013-CR12 B</title>
        <cusip>12591KAH8</cusip>
        <identifiers>
          <isin value="US12591KAH86"/>
        </identifiers>
        <balance>2385000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1241160.20000000</valUSD>
        <pctVal>0.363280306876</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-10-10</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.76200100</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>Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>COMM 2014-CR16 B</title>
        <cusip>12591VAH4</cusip>
        <identifiers>
          <isin value="US12591VAH42"/>
        </identifiers>
        <balance>160135.85030000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>148360.59000000</valUSD>
        <pctVal>0.043424274049</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-04-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.58200000</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>Comm 2016 Cor1 Mgt</name>
        <lei>N/A</lei>
        <title>COMM 2016-COR1 C</title>
        <cusip>12594MBF4</cusip>
        <identifiers>
          <isin value="US12594MBF41"/>
        </identifiers>
        <balance>175500.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>134744.25000000</valUSD>
        <pctVal>0.039438851237</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-10-10</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.46708900</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>Credit Suisse First Boston Mortgage Securities Corp.</name>
        <lei>N/A</lei>
        <title>CSMC 2017-PFHP A</title>
        <cusip>12595KAA9</cusip>
        <identifiers>
          <isin value="US12595KAA97"/>
        </identifiers>
        <balance>350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>327520.40000000</valUSD>
        <pctVal>0.095863299049</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.60700000</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>Csail Commercial Mortagage Trust</name>
        <lei>N/A</lei>
        <title>CSAIL 2018-C14 D</title>
        <cusip>12596GAG4</cusip>
        <identifiers>
          <isin value="US12596GAG47"/>
        </identifiers>
        <balance>265000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>221556.24000000</valUSD>
        <pctVal>0.064848211260</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-11-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.03991700</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>CNL Coml Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>CNL 2003-1A A1</title>
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          <isin value="US12614MAS35"/>
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        <balance>261562.59140000</balance>
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        <curCd>USD</curCd>
        <valUSD>255581.02000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.22376900</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Commercial Mortgage 2012-Lc4</name>
        <lei>N/A</lei>
        <title>COMM 2012-LC4 B</title>
        <cusip>126192AF0</cusip>
        <identifiers>
          <isin value="US126192AF04"/>
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        <balance>47166.78050000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>44270.99000000</valUSD>
        <pctVal>0.012957858971</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-12-10</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.93400200</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Csail Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>CSAIL 2015-C2 C</title>
        <cusip>12634NAZ1</cusip>
        <identifiers>
          <isin value="US12634NAZ15"/>
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        <balance>2514000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2155615.47000000</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>2057-06-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.32025600</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Csail Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>CSAIL 2015-C3 D</title>
        <cusip>12635FBA1</cusip>
        <identifiers>
          <isin value="US12635FBA12"/>
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        <balance>420000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>257432.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-08-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.50819600</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Csmc Tr</name>
        <lei>N/A</lei>
        <title>CSMC 2007-5R A5</title>
        <cusip>12640QAE3</cusip>
        <identifiers>
          <isin value="US12640QAE35"/>
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        <balance>309007.84500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>73124.57000000</valUSD>
        <pctVal>0.021403132512</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CSMC Trust 2013-7</name>
        <lei>N/A</lei>
        <title>CSMC 2013-7 A2</title>
        <cusip>12647PAB4</cusip>
        <identifiers>
          <isin value="US12647PAB40"/>
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        <balance>112470.07300000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>95577.06000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.99999900</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>CSMC TRUST</name>
        <lei>549300818AKCJ4Q9TD76</lei>
        <title>CSMC 2014-USA A2</title>
        <cusip>12649AAC3</cusip>
        <identifiers>
          <isin value="US12649AAC36"/>
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        <balance>270000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>226653.51000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.95000000</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>CSMC TRUST</name>
        <lei>549300818AKCJ4Q9TD76</lei>
        <title>CSMC 2014-USA D</title>
        <cusip>12649AAN9</cusip>
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          <isin value="US12649AAN90"/>
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        <balance>1490000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1219444.01000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37330000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Csmc Ser 2014-10r</name>
        <lei>N/A</lei>
        <title>CSMC 2014-10R 1A2</title>
        <cusip>12649BAC1</cusip>
        <identifiers>
          <isin value="US12649BAC19"/>
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        <balance>1959891.17000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>484002.77000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-27</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.76743900</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Credit Suisse First Boston Mortgage Securities Corp.</name>
        <lei>N/A</lei>
        <title>CSMC 2017-TIME A</title>
        <cusip>12652XAA1</cusip>
        <identifiers>
          <isin value="US12652XAA19"/>
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        <balance>360000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>269355.55000000</valUSD>
        <pctVal>0.078838788790</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-11-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.64630000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CSMC 2021-RPL2 TRUST</name>
        <lei>N/A</lei>
        <title>CSMC 2021-RPL2 M3</title>
        <cusip>12656TAF5</cusip>
        <identifiers>
          <isin value="US12656TAF57"/>
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        <balance>279423.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>192429.57000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.65473100</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>CPS AUTO SECURITIZATION TRUST 2021-1</name>
        <lei>N/A</lei>
        <title>CPS 2021-1A A</title>
        <cusip>12657TAA5</cusip>
        <identifiers>
          <isin value="US12657TAA51"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>981938.40000000</valUSD>
        <pctVal>0.287407607242</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.86000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CWABS Inc.</name>
        <lei>N/A</lei>
        <title>CWL 2004-6 2A3</title>
        <cusip>126673BA9</cusip>
        <identifiers>
          <isin value="US126673BA97"/>
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        <balance>11960.97220000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11170.91000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.90218900</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>Cwalt Incorporation</name>
        <lei>N/A</lei>
        <title>CWALT 2005-6CB 1A6</title>
        <cusip>12667F5H4</cusip>
        <identifiers>
          <isin value="US12667F5H40"/>
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        <balance>118046.62230000</balance>
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        <curCd>USD</curCd>
        <valUSD>101875.42000000</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>2035-04-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Cwalt Incorporation</name>
        <lei>N/A</lei>
        <title>CWALT 2004-16CB 1A1</title>
        <cusip>12667FLT0</cusip>
        <identifiers>
          <isin value="US12667FLT02"/>
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        <balance>8096.96650000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8065.44000000</valUSD>
        <pctVal>0.002360706956</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Cwalt Incorporation</name>
        <lei>N/A</lei>
        <title>CWALT 2004-15 1A2</title>
        <cusip>12667FPW9</cusip>
        <identifiers>
          <isin value="US12667FPW94"/>
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        <balance>34717.44050000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>33549.13000000</valUSD>
        <pctVal>0.009819633470</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.99102800</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Cwalt Incorporation</name>
        <lei>N/A</lei>
        <title>CWALT 2004-J8 2A1</title>
        <cusip>12667FSH9</cusip>
        <identifiers>
          <isin value="US12667FSH90"/>
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        <balance>130102.82410000</balance>
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        <curCd>USD</curCd>
        <valUSD>123576.37000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Cwalt Incorporation</name>
        <lei>N/A</lei>
        <title>CWALT 2005-J1 3A1</title>
        <cusip>12667FU29</cusip>
        <identifiers>
          <isin value="US12667FU298"/>
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        <balance>80685.59000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>79465.04000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <isRestrictedSec>N</isRestrictedSec>

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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <lei>549300430UQIJMFG3R47</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <lei>N/A</lei>
        <title>CWHL 2002-19 1A1</title>
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        <isRestrictedSec>N</isRestrictedSec>

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

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>CWMBS Inc</name>
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        <assetCat>ABS-O</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>CWMBS Inc</name>
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        <title>CWHL 2004-HYB5 6A2</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>CWMBS Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>CWMBS Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>CWMBS Inc</name>
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        <name>CWMBS Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>CWMBS Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>CWMBS Inc</name>
        <lei>N/A</lei>
        <title>CWHL 2004-6 2A1</title>
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        <curCd>USD</curCd>
        <valUSD>45611.45000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>CWMBS Inc</name>
        <lei>N/A</lei>
        <title>CWHL 2004-5 2A2</title>
        <cusip>12669FVW0</cusip>
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        <curCd>USD</curCd>
        <valUSD>61111.78000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CWMBS Inc</name>
        <lei>N/A</lei>
        <title>CWHL 2004-5 2A9</title>
        <cusip>12669FWD1</cusip>
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          <isin value="US12669FWD13"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CWMBS Inc</name>
        <lei>549300430UQIJMFG3R47</lei>
        <title>CWHL 2004-J9 2A6</title>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>CWMBS Inc</name>
        <lei>N/A</lei>
        <title>CWHL 2005-14 A1</title>
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          <isin value="US12669GK590"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CWMBS Inc</name>
        <lei>N/A</lei>
        <title>CWHL 2005-14 A2</title>
        <cusip>12669GK67</cusip>
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          <isin value="US12669GK673"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CWMBS Inc</name>
        <lei>N/A</lei>
        <title>CWHL 2005-R2 2A4</title>
        <cusip>12669GP47</cusip>
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          <isin value="US12669GP474"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CWMBS Inc</name>
        <lei>549300430UQIJMFG3R47</lei>
        <title>CWHL 2005-8R A5</title>
        <cusip>12669GQJ3</cusip>
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          <isin value="US12669GQJ30"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>CWMBS Inc</name>
        <lei>549300430UQIJMFG3R47</lei>
        <title>CWHL 2005-J2 3A12</title>
        <cusip>12669GW31</cusip>
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          <isin value="US12669GW314"/>
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        <balance>504291.80000000</balance>
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        <curCd>USD</curCd>
        <valUSD>302571.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-25</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Capital Funding Mortgage Trust 2021-015</name>
        <lei>N/A</lei>
        <title>CFGMS 2021-15 A</title>
        <cusip>14020PAA9</cusip>
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          <isin value="US14020PAA93"/>
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        <balance>180819.39000000</balance>
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        <curCd>USD</curCd>
        <valUSD>180315.41000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-03-12</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.07000100</annualizedRt>
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      <invstOrSec>
        <name>CARBON CAPITAL VI COMMERCIAL MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>CARB 2019-FL2 B</title>
        <cusip>140817AC1</cusip>
        <identifiers>
          <isin value="US140817AC11"/>
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        <balance>2768638.99040000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-10-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>CARVAL CLO XI-C LTD</name>
        <lei>N/A</lei>
        <title>CARVL 2024-3A A1</title>
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          <isin value="US14688RAA86"/>
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        <balance>180000.00000000</balance>
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        <valUSD>175888.41000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
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        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>CASCADE MH ASSET TRUST</name>
        <lei>N/A</lei>
        <title>CMHAT 2019-MH1 M</title>
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          <isin value="US14732FAC68"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>CBA Commercial Assets Small Balance</name>
        <lei>N/A</lei>
        <title>CBAC 2007-1A A</title>
        <cusip>14984WAA8</cusip>
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          <isin value="US14984WAA80"/>
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        <balance>1794037.02000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1670514.16000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.26000000</annualizedRt>
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      <invstOrSec>
        <name>Cendant Mortgage Corp. &amp; Bishops Gate Residential Mortgage Trust Pass Through Certificates Series 2002 2</name>
        <lei>N/A</lei>
        <title>CDMC 2004-1 A7</title>
        <cusip>151314GB1</cusip>
        <identifiers>
          <isin value="US151314GB11"/>
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        <balance>980233.86380000</balance>
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        <curCd>USD</curCd>
        <valUSD>950687.85000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Cendant Mortgage Capital Llc</name>
        <lei>N/A</lei>
        <title>CDMC 2004-4 A8</title>
        <cusip>15132EJW9</cusip>
        <identifiers>
          <isin value="US15132EJW93"/>
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        <balance>67079.55300000</balance>
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        <curCd>USD</curCd>
        <valUSD>65532.31000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.41196600</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cendant Mortgage Capital Llc</name>
        <lei>N/A</lei>
        <title>CDMC 2005-1 A4</title>
        <cusip>15132ELB2</cusip>
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          <isin value="US15132ELB29"/>
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        <balance>81189.97440000</balance>
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        <curCd>USD</curCd>
        <valUSD>78800.02000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-18</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.10500200</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Chase Funding Trust Series 2003 3</name>
        <lei>N/A</lei>
        <title>CFAB 2002-4 2A1</title>
        <cusip>161546DQ6</cusip>
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          <isin value="US161546DQ65"/>
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        <balance>5995.21200000</balance>
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        <curCd>USD</curCd>
        <valUSD>5925.21000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.44218800</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chase Funding Trust Series 2003 3</name>
        <lei>N/A</lei>
        <title>CFAB 2004-1 1A7</title>
        <cusip>161546HU3</cusip>
        <identifiers>
          <isin value="US161546HU32"/>
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        <balance>35502.02000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>34121.68000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.98499900</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>CHASE HOME LENDING MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>CHASE 2019-1 B4</title>
        <cusip>16159WBZ6</cusip>
        <identifiers>
          <isin value="US16159WBZ68"/>
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        <balance>90052.81300000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>77309.41000000</valUSD>
        <pctVal>0.022628010622</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.88546900</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chase Mortgage Financial Trust</name>
        <lei>N/A</lei>
        <title>CHASE 2004-S2 2A4</title>
        <cusip>16162WGP8</cusip>
        <identifiers>
          <isin value="US16162WGP86"/>
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        <balance>127760.00500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>125452.39000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chase Mortgage Finance Corp.</name>
        <lei>N/A</lei>
        <title>CHASE 2006-A1 2A3</title>
        <cusip>16163CAH5</cusip>
        <identifiers>
          <isin value="US16163CAH51"/>
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        <balance>259381.53000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>213802.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.81840300</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chase Mortgage Finance Trust Series 2007 S3</name>
        <lei>N/A</lei>
        <title>CHASE 2007-S3 1A17</title>
        <cusip>16163HAS0</cusip>
        <identifiers>
          <isin value="US16163HAS04"/>
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        <balance>267876.42630000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>63458.16000000</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>2037-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chase Mortgage Finance Trust Series 2007 S3</name>
        <lei>N/A</lei>
        <title>CHASE 2007-S3 AP</title>
        <cusip>16163HBE0</cusip>
        <identifiers>
          <isin value="US16163HBE09"/>
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        <balance>479685.90550000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4791.63000000</valUSD>
        <pctVal>0.001402481981</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chec Loan Trust</name>
        <lei>N/A</lei>
        <title>CHEC 2004-1 M2</title>
        <cusip>162765AE1</cusip>
        <identifiers>
          <isin value="US162765AE15"/>
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        <balance>201240.94790000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>201098.73000000</valUSD>
        <pctVal>0.058860418136</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.67718900</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>Chevy Chase Funding Llc</name>
        <lei>N/A</lei>
        <title>CCMFC 2004-2A A1</title>
        <cusip>16678RBC0</cusip>
        <identifiers>
          <isin value="US16678RBC07"/>
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        <balance>872627.33000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>811998.89000000</valUSD>
        <pctVal>0.237667309943</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.97219000</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>Chevy Chase Funding Llc</name>
        <lei>N/A</lei>
        <title>CCMFC 2004-3A A1</title>
        <cusip>16678RBU0</cusip>
        <identifiers>
          <isin value="US16678RBU05"/>
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        <balance>350254.53150000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>335495.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.95218900</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chevy Chase Funding Llc</name>
        <lei>N/A</lei>
        <title>CCMFC 2005-4A A2</title>
        <cusip>16678REU7</cusip>
        <identifiers>
          <isin value="US16678REU77"/>
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        <balance>169144.73410000</balance>
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        <curCd>USD</curCd>
        <valUSD>125230.99000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.10207100</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CHL Mortgage Pass-Through Trust</name>
        <lei>N/A</lei>
        <title>CWHL 2007-15 2A2</title>
        <cusip>17025TBJ9</cusip>
        <identifiers>
          <isin value="US17025TBJ97"/>
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        <balance>288557.87180000</balance>
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        <curCd>USD</curCd>
        <valUSD>107587.97000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citicorp Mortgage Securities Inc.</name>
        <lei>549300ISEJNGWSXAKR30</lei>
        <title>CMSI 2005-4 1A5</title>
        <cusip>172973W47</cusip>
        <identifiers>
          <isin value="US172973W472"/>
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        <balance>101329.74020000</balance>
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        <curCd>USD</curCd>
        <valUSD>98355.56000000</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>2035-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citigroup Mortgage Loan Trust Inc.</name>
        <lei>N/A</lei>
        <title>CMLTI 2005-7 2A2A</title>
        <cusip>17307GB72</cusip>
        <identifiers>
          <isin value="US17307GB724"/>
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        <balance>1310162.90050000</balance>
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        <curCd>USD</curCd>
        <valUSD>991431.45000000</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>2035-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.16096900</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citigroup Mortgage Loan Trust Inc.</name>
        <lei>N/A</lei>
        <title>CMLTI 2003-1 3A4</title>
        <cusip>17307GBT4</cusip>
        <identifiers>
          <isin value="US17307GBT40"/>
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        <balance>10538.49300000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9805.53000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citigroup Mortgage Loan Trust Inc.</name>
        <lei>N/A</lei>
        <title>CBASS 2004-CB3 B1</title>
        <cusip>17307GES3</cusip>
        <identifiers>
          <isin value="US17307GES30"/>
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        <balance>92241.44000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>108202.63000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.27343000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citigroup Mortgage Loan Trust Inc.</name>
        <lei>N/A</lei>
        <title>CMLTI 2004-NCM2 1CB2</title>
        <cusip>17307GGY8</cusip>
        <identifiers>
          <isin value="US17307GGY89"/>
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        <balance>37507.62700000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>37823.49000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citigroup Mortgage Loan Trust Inc.</name>
        <lei>549300R1KUK063S4I339</lei>
        <title>CMLTI 2004-UST1 A4</title>
        <cusip>17307GLB2</cusip>
        <identifiers>
          <isin value="US17307GLB22"/>
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        <balance>54986.74000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>49354.65000000</valUSD>
        <pctVal>0.014445816420</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-25</maturityDt>
          <couponKind>Floating</couponKind>
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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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citigroup Mortgage Loan Trust Inc.</name>
        <lei>N/A</lei>
        <title>CMLTI 2004-UST1 A6</title>
        <cusip>17307GLD8</cusip>
        <identifiers>
          <isin value="US17307GLD87"/>
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        <balance>22502.43000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>20193.74000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.53504100</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citigroup Mortgage Loan Trust Inc.</name>
        <lei>549300R1KUK063S4I339</lei>
        <title>CMLTI 2005-2 2A11</title>
        <cusip>17307GRM2</cusip>
        <identifiers>
          <isin value="US17307GRM23"/>
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        <balance>36636.18000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>36505.87000000</valUSD>
        <pctVal>0.010685053916</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citigroup Inc.</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>C Float 10/31/34</title>
        <cusip>1730T02P3</cusip>
        <identifiers>
          <isin value="US1730T02P37"/>
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        <balance>150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>99375.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-31</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00010100</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citigroup Inc.</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>C FLOAT 12/29/34</title>
        <cusip>1730T03J6</cusip>
        <identifiers>
          <isin value="US1730T03J67"/>
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        <balance>507000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>335887.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-12-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citigroup Inc.</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>C FLOAT 11/26/33</title>
        <cusip>1730T0C56</cusip>
        <identifiers>
          <isin value="US1730T0C561"/>
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        <balance>1037000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>699975.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citigroup Inc.</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>C 10 08/31/35</title>
        <cusip>1730T3AV5</cusip>
        <identifiers>
          <isin value="US1730T3AV55"/>
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        <balance>55000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>35475.00000000</valUSD>
        <pctVal>0.010383324317</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citicorp Mortgage Securities Trust</name>
        <lei>N/A</lei>
        <title>CMSI 2006-6 A4</title>
        <cusip>173100AD0</cusip>
        <identifiers>
          <isin value="US173100AD09"/>
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        <balance>36116.17800000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>36222.63000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citicorp Mortgage Securities Trust</name>
        <lei>N/A</lei>
        <title>CMSI 2007-2 APO</title>
        <cusip>173107AP8</cusip>
        <identifiers>
          <isin value="US173107AP81"/>
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        <balance>69941.51120000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>36356.38000000</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>2037-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citicorp Mortgage Securities Trust</name>
        <lei>N/A</lei>
        <title>CMSI 2007-4 1A5</title>
        <cusip>17312XAE4</cusip>
        <identifiers>
          <isin value="US17312XAE40"/>
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        <balance>172642.76160000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>155965.14000000</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>2037-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citigroup Mortgage Loan Trust Inc.</name>
        <lei>549300R1KUK063S4I339</lei>
        <title>CMLTI 2009-4 7A5</title>
        <cusip>17315EAU7</cusip>
        <identifiers>
          <isin value="US17315EAU73"/>
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        <balance>144332.74700000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>135532.97000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.48001000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citigroup Mortgage Loan Trust Inc.</name>
        <lei>N/A</lei>
        <title>CMLTI 2009-10 6A2</title>
        <cusip>17316AAZ3</cusip>
        <identifiers>
          <isin value="US17316AAZ30"/>
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        <balance>148250.58600000</balance>
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        <curCd>USD</curCd>
        <valUSD>134297.95000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.32880100</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citigroup Mortgage Loan Trust Inc.</name>
        <lei>549300R1KUK063S4I339</lei>
        <title>CMLTI 2010-9 5A3</title>
        <cusip>17317JBJ8</cusip>
        <identifiers>
          <isin value="US17317JBJ88"/>
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        <balance>30.13830000</balance>
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        <curCd>USD</curCd>
        <valUSD>29.94000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-03-25</maturityDt>
          <couponKind>Floating</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Citigroup Mortgage Loan Trust Inc.</name>
        <lei>N/A</lei>
        <title>CMLTI 2014-10 4A1</title>
        <cusip>17323FAH3</cusip>
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          <isin value="US17323FAH38"/>
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        <balance>31346.17600000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.02123000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Citigroup Mortgage Loan Trust Inc.</name>
        <lei>N/A</lei>
        <title>CMLTI 2015-RP2 A</title>
        <cusip>17323TAC4</cusip>
        <identifiers>
          <isin value="US17323TAC45"/>
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        <balance>37436.34360000</balance>
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        <curCd>USD</curCd>
        <valUSD>34967.72000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citigroup Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>CGCMT 2015-GC31 B</title>
        <cusip>17323YAG4</cusip>
        <identifiers>
          <isin value="US17323YAG44"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>31439.13000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-06-10</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.16570000</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>Citigroup Global Markets Holdings Inc.</name>
        <lei>82VOJDD5PTRDMVVMGV31</lei>
        <title>C FLOAT 04/25/32</title>
        <cusip>17324CHH2</cusip>
        <identifiers>
          <isin value="US17324CHH25"/>
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        <balance>41000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>32307.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citigroup Global Markets Holdings Inc.</name>
        <lei>82VOJDD5PTRDMVVMGV31</lei>
        <title>C FLOAT 11/22/32</title>
        <cusip>17324CP34</cusip>
        <identifiers>
          <isin value="US17324CP348"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>26950.00000000</valUSD>
        <pctVal>0.007888106845</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-11-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citigroup Commercial Mortgage Trust 2018 C5</name>
        <lei>N/A</lei>
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        <name>Credit Suisse First Boston Mortgage Securities Corp.</name>
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      <invstOrSec>
        <name>Credit Suisse First Boston Mortgage Securities Corp.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Credit Suisse First Boston Mortgage Securities Corp.</name>
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        <title>CSFB 2003-25 1A11</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Credit Suisse First Boston Mortgage Securities Corp.</name>
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        <title>CSFB 2003-27 4A4</title>
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          <isin value="US22541QL752"/>
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        <assetCat>ABS-O</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Credit Suisse First Boston Mortgage Securities Corp.</name>
        <lei>N/A</lei>
        <title>CSFB 2003-19 1A19</title>
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          <isin value="US22541QMR01"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Credit Suisse First Boston Mortgage Securities Corp.</name>
        <lei>N/A</lei>
        <title>CSFB 2003-21 1A4</title>
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          <isin value="US22541QPB22"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Credit Suisse First Boston Mortgage Securities Corp.</name>
        <lei>N/A</lei>
        <title>CSFB 2003-AR24 3A1</title>
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          <isin value="US22541QUP52"/>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Credit Suisse First Boston Mortgage Securities Corp.</name>
        <lei>N/A</lei>
        <title>CSFB 2003-25 1A8</title>
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          <isin value="US22541QYL03"/>
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        <balance>64634.02000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-10-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Credit Suisse First Boston Mortgage Securities Corp.</name>
        <lei>N/A</lei>
        <title>CSFB 2004-4 1A5</title>
        <cusip>22541STP3</cusip>
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          <isin value="US22541STP38"/>
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        <balance>367414.42030000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Credit Suisse First Boston Mortgage Securities Corp.</name>
        <lei>N/A</lei>
        <title>CSFB 2005-8 9A9</title>
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          <isin value="US2254582T44"/>
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        <curCd>USD</curCd>
        <valUSD>69199.43000000</valUSD>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Credit Suisse First Boston Mortgage Securities Corp.</name>
        <lei>N/A</lei>
        <title>CSFB 2005-3 7A5</title>
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          <isin value="US225458LM84"/>
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        <assetCat>ABS-O</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UBS AG, London Branch</name>
        <lei>N/A</lei>
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          <isin value="US22546VLJ34"/>
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        <invCountry>CH</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>UBS AG, London Branch</name>
        <lei>N/A</lei>
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          <isin value="US22546VMD54"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>UBS AG, London Branch</name>
        <lei>N/A</lei>
        <title>UBS Float 10/30/30</title>
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          <isin value="US22546VNQ58"/>
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        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UBS AG, London Branch</name>
        <lei>N/A</lei>
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          <isin value="US22546VTV89"/>
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        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-29</maturityDt>
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        <name>CREDIT SUISSE FIRST BOSTON MOR</name>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-01-01</maturityDt>
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      <invstOrSec>
        <name>UBS AG</name>
        <lei>N/A</lei>
        <title>UBS 10 04/29/31</title>
        <cusip>22548Q2R5</cusip>
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          <isin value="US22548Q2R55"/>
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        <balance>791000.00000000</balance>
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        <valUSD>622912.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-04-29</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UBS AG</name>
        <lei>N/A</lei>
        <title>UBS 8 10/31/31</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
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        <valUSD>132674.37000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Csmc</name>
        <lei>N/A</lei>
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          <isin value="US22944JDG31"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Dsla Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>DSLA 2004-AR4 2A1A</title>
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          <isin value="US23332UBV52"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>5.44493200</annualizedRt>
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      <invstOrSec>
        <name>Delta Funding Series 2000-2</name>
        <lei>N/A</lei>
        <title>DELHE 1999-2 A1A</title>
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          <isin value="US24763LFS43"/>
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        <balance>86639.02000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-15</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>Delta Funding Series 2000-2</name>
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        <title>DELHE 1999-3 A2F</title>
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          <isin value="US24763LFV71"/>
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        <assetCat>ABS-O</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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        <name>Delta Funding Series 2000-2</name>
        <lei>9695008K5N8MKIT4XJ91</lei>
        <title>DELHE 2000-1 M2</title>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Deutsche Alt 7-Ab1</name>
        <lei>N/A</lei>
        <title>DBALT 2007-AB1 PO</title>
        <cusip>25151WAF0</cusip>
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          <isin value="US25151WAF05"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-04-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Deutsche Bank AG</name>
        <lei>N/A</lei>
        <title>DB FLOAT 12/23/35</title>
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          <isin value="US25152R2W21"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Deutsche Bank AG</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Deutsche Bank AG</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Deutsche Bank AG</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Deutsche Bank AG</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Deutsche Bank AG</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Deutsche Bank AG</name>
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        <name>Deutsche Mortgage Securities Inc Mortgage Loan Trust</name>
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        <title>DMSI 2004-1 1A1</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Deutsche Mortgage Securities Inc Mortgage Loan Trust</name>
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        <title>DMSI 2006-PR1 5AF4</title>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ELFI Graduate Ln Program 2020-A LLC</name>
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        <title>ELFI 2020-A A</title>
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        <balance>164888.03200000</balance>
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        <curCd>USD</curCd>
        <valUSD>143166.04000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      </invstOrSec>
      <invstOrSec>
        <name>EMC Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>EMCM 2001-A M1</title>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>EdLinc Student Loan Funding Trust 2012-1</name>
        <lei>N/A</lei>
        <title>ESLFT 2012-1 B</title>
        <cusip>28108QAB0</cusip>
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          <isin value="US28108QAB05"/>
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        <balance>1173670.16870000</balance>
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        <curCd>USD</curCd>
        <valUSD>1598697.22000000</valUSD>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Ellington Clo I Limted</name>
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          <isin value="US28852LAL71"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Equity One, Inc.</name>
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          <isin value="US294751AV45"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Equity One, Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fremf 2012 Kf01 Mortgage Trust</name>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Fremf 2017 Kf38 Mortgage Trust</name>
        <lei>N/A</lei>
        <title>FREMF 2017-KF38 B</title>
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        <balance>524336.98960000</balance>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>FREMF MORTGAGE TRUST</name>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>FREMF MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>FREMF 2019-KF63 B</title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>CAS 2018-C03 1M2C</title>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN 257064</title>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
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        <title>FHR 4203 PS</title>
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        <balance>55737.47000000</balance>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNGT 2003-T4 1A</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNGT 2004-T5 AB1</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNW 2005-W3 3A</title>
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        <balance>167003.48960000</balance>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FSPC T-60 2A1</title>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-03-25</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Fnma Pass-Thru I</name>
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        <name>Financial Asset Securities Corp.</name>
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        <title>AAA 2005-1A 1A3B</title>
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      <invstOrSec>
        <name>Financial Asset Securities Corp.</name>
        <lei>213800MPFYUR94LO7914</lei>
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      <invstOrSec>
        <name>First Franklin Mortgage Loan Trust 2005-FF4</name>
        <lei>N/A</lei>
        <title>FFML 2002-FF1 M2</title>
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        <assetCat>ABS-O</assetCat>
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          <couponKind>Floating</couponKind>
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        <name>First Horizon Mortgage Pass Through Trust 2006 3</name>
        <lei>N/A</lei>
        <title>FHAMS 2004-AA1 A1</title>
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          <couponKind>Floating</couponKind>
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        <name>First Horizon Mortgage Pass Through Trust 2006 3</name>
        <lei>N/A</lei>
        <title>FHAMS 2004-AA3 A1</title>
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        <assetCat>ABS-O</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>First Horizon Mortgage Pass Through Trust 2006 3</name>
        <lei>N/A</lei>
        <title>FHAMS 2004-AA7 2A2</title>
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        <name>First Horizon Mortgage Pass Through Trust 2006 3</name>
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        <name>First Horizon Mortgage Pass Through Trust 2006 3</name>
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        <title>FHASI 2005-AR5 3A1</title>
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          <couponKind>Floating</couponKind>
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        <name>1ST Horizon 06-Ar3</name>
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        <name>First Horizon Alt</name>
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        <name>First Horizon Mortgage Pass Through Trust 2006 3</name>
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        <title>FHASI 2007-AR3 1A1</title>
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        <name>Flagstar Mortgage Trust</name>
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        <name>FLAGSTAR MORTGAGE TRUST</name>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>FLAGSTAR MORTGAGE TRUST 2021-13INV</name>
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        <title>FSMT 2021-13IN B5</title>
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        <name>Fort Knox Military Housing Privatization Project</name>
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        <name>Freddie Mac Seasoned Credit Risk Transfer Trust</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>GE Capital Mortgage Services Inc</name>
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        <name>Government National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Gmacm Mortgage Loan Trust</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Gmacm Mortgage Loan Trust</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>GS Mortgage Securities Trust 2011-GC5</name>
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        <title>GSMS 2011-GC5 B</title>
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        <fairValLevel>2</fairValLevel>
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        <name>GS Mortgage Securities Corp II</name>
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        <name>GS Mortgage Securities Corp II</name>
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        <name>GS Mortgage Securities Corp II</name>
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        <name>GS Mortgage Securities Corp II</name>
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        <name>GS Mortgage Securities Corp</name>
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        <name>GS Mortgage Securities Corp</name>
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        <name>GS Mortgage Securities Corp</name>
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      <invstOrSec>
        <name>GS Mortgage Securities Corp</name>
        <lei>CU46ESEFJB81SUVBJO28</lei>
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        <isRestrictedSec>Y</isRestrictedSec>

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      <invstOrSec>
        <name>GS Mortgage Securities Corp</name>
        <lei>CU46ESEFJB81SUVBJO28</lei>
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      </invstOrSec>
      <invstOrSec>
        <name>GS Mortgage Securities Corp</name>
        <lei>CU46ESEFJB81SUVBJO28</lei>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GS Mortgage Securities Corp</name>
        <lei>CU46ESEFJB81SUVBJO28</lei>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
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        <title>GSR 2007-AR2 2A1</title>
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          <isin value="US3622N6AC30"/>
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        <balance>70956.24000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>Gsmsc 2007 Nim2 Lt</name>
        <lei>N/A</lei>
        <title>GSMSC 2008-2R 2A1</title>
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          <isin value="US3622X1AC34"/>
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        <balance>783942.80960000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GS Mortgage Securities Corp</name>
        <lei>CU46ESEFJB81SUVBJO28</lei>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GS Mortgage Securities Corp</name>
        <lei>CU46ESEFJB81SUVBJO28</lei>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>GS Mortgage Securities Corp</name>
        <lei>CU46ESEFJB81SUVBJO28</lei>
        <title>GSR 2005-6F 1A7</title>
        <cusip>362341DR7</cusip>
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          <isin value="US362341DR73"/>
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        <balance>3326.75780000</balance>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GS Mortgage Securities Corp</name>
        <lei>CU46ESEFJB81SUVBJO28</lei>
        <title>GSR 2005-AR4 2A1</title>
        <cusip>362341FH7</cusip>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GS Mortgage Securities Corp</name>
        <lei>CU46ESEFJB81SUVBJO28</lei>
        <title>GSMPS 2005-RP3 1AF</title>
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          <isin value="US362341LL12"/>
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        <balance>151895.54710000</balance>
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        <curCd>USD</curCd>
        <valUSD>124086.92000000</valUSD>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>5.05219000</annualizedRt>
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      <invstOrSec>
        <name>GS Mortgage Securities Corp</name>
        <lei>N/A</lei>
        <title>GSR 2005-8F 3A4</title>
        <cusip>362341WA3</cusip>
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          <isin value="US362341WA38"/>
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        <balance>27457.32000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9734.17000000</valUSD>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-11-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>GS Mortgage Securities Corp</name>
        <lei>CU46ESEFJB81SUVBJO28</lei>
        <title>GSR 2005-AR3 1A1</title>
        <cusip>36242D4R1</cusip>
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          <isin value="US36242D4R14"/>
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        <balance>25712.24290000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>GS Mortgage Securities Corp</name>
        <lei>CU46ESEFJB81SUVBJO28</lei>
        <title>GSR 2005-AR3 2A1</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GS Mortgage Securities Corp</name>
        <lei>CU46ESEFJB81SUVBJO28</lei>
        <title>GSMPS 2004-4 1AF</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GS Mortgage Securities Corp</name>
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          <isin value="US36242DJS36"/>
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        <isRestrictedSec>Y</isRestrictedSec>

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      <invstOrSec>
        <name>GS Mortgage Securities Corp</name>
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          <isin value="US36242DJT19"/>
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      <invstOrSec>
        <name>GS Mortgage Securities Corp</name>
        <lei>N/A</lei>
        <title>GSR 2004-12 1B1</title>
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          <isin value="US36242DLG69"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>GS Mortgage Securities Corp</name>
        <lei>CU46ESEFJB81SUVBJO28</lei>
        <title>GSMPS 2005-RP2 1AF</title>
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          <isin value="US36242DT521"/>
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        <balance>28298.47800000</balance>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-03-25</maturityDt>
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      <invstOrSec>
        <name>GS Mortgage Securities Corp</name>
        <lei>N/A</lei>
        <title>GSR 2005-4F 6A1</title>
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          <isin value="US36242DY315"/>
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        <curCd>USD</curCd>
        <valUSD>37884.17000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GS Mortgage Securities Trust 2016-GS4</name>
        <lei>N/A</lei>
        <title>GSMS 2016-GS4 C</title>
        <cusip>36251XAY3</cusip>
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          <isin value="US36251XAY31"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>839469.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-11-10</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.07467400</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>Gs Mortgage Securities Trust 2015-Gc32</name>
        <lei>549300WZ62L3Y22NOZ64</lei>
        <title>GSMS 2015-GS1 C</title>
        <cusip>36252AAK2</cusip>
        <identifiers>
          <isin value="US36252AAK25"/>
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        <balance>769082.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>560083.51000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>4.56317600</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GS Mortgage Backed Securities Trust 2019-PJ1</name>
        <lei>N/A</lei>
        <title>GSMBS 2019-PJ1 B3</title>
        <cusip>36257TAS9</cusip>
        <identifiers>
          <isin value="US36257TAS96"/>
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        <balance>401423.12500000</balance>
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        <curCd>USD</curCd>
        <valUSD>322099.91000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.03866400</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GS MORTGAGE SECURITIES CORPORTAION TRUST 2021-ROSS</name>
        <lei>N/A</lei>
        <title>GSMS 2021-ROSS A</title>
        <cusip>36264YAA8</cusip>
        <identifiers>
          <isin value="US36264YAA82"/>
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        <balance>1470000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1377935.52000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.02448100</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GSR Mtg Loan Trust</name>
        <lei>N/A</lei>
        <title>GSR 2006-10F 4A1</title>
        <cusip>36266WAD4</cusip>
        <identifiers>
          <isin value="US36266WAD48"/>
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        <balance>2348237.69000000</balance>
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        <curCd>USD</curCd>
        <valUSD>334229.13000000</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>2037-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.05219000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GE WMC Mortgage Securities LLC</name>
        <lei>N/A</lei>
        <title>GEWMC 2005-2 M1</title>
        <cusip>367910AW6</cusip>
        <identifiers>
          <isin value="US367910AW61"/>
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        <balance>86276.52300000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>70612.98000000</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>2035-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.36218900</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GCAT 2024-INV1 TRUST</name>
        <lei>N/A</lei>
        <title>GCAT 2024-INV1 1A2</title>
        <cusip>36831BAB0</cusip>
        <identifiers>
          <isin value="US36831BAB09"/>
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        <balance>108912.87000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>108058.56000000</valUSD>
        <pctVal>0.031628106377</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.50000100</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Global Mortgage Securitization Ltd.</name>
        <lei>N/A</lei>
        <title>GMSL 2004-A A3</title>
        <cusip>378961AC0</cusip>
        <identifiers>
          <isin value="US378961AC03"/>
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        <balance>658624.01000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>653828.04000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.08160000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs Group, Inc.</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
        <title>GS Float 03/19/29</title>
        <cusip>38147QST4</cusip>
        <identifiers>
          <isin value="US38147QST49"/>
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        <balance>365000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>297475.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GOLDMAN HOME IMPROVEMENT TRUST 2022-GRN1 ISSUER TRUST</name>
        <lei>N/A</lei>
        <title>GHIT 2022-GRN1 D</title>
        <cusip>38150YAD5</cusip>
        <identifiers>
          <isin value="US38150YAD58"/>
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        <balance>525607.45570000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>7.30000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GOODGREEN TRUST</name>
        <lei>N/A</lei>
        <title>GOODG 2021-1A C</title>
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          <isin value="US38217UAC62"/>
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        <balance>1700491.26150000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNR 2012-H27 AI</title>
        <cusip>38375BZC9</cusip>
        <identifiers>
          <isin value="US38375BZC98"/>
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        <balance>145858.76000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4277.53000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>1.78539100</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNR 2016-H24 AI</title>
        <cusip>38376RE85</cusip>
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          <isin value="US38376RE857"/>
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        <balance>974663.91010000</balance>
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        <curCd>USD</curCd>
        <valUSD>39368.04000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2066-11-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.38227000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNR 2012-27 IO</title>
        <cusip>38378BQJ1</cusip>
        <identifiers>
          <isin value="US38378BQJ16"/>
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        <balance>54194.37160000</balance>
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        <curCd>USD</curCd>
        <valUSD>128.96000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-04-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.21542000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNR 2017-90 AC</title>
        <cusip>38379RZN6</cusip>
        <identifiers>
          <isin value="US38379RZN69"/>
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        <balance>167975.92000000</balance>
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        <curCd>USD</curCd>
        <valUSD>135274.06000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-06-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.60000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNR 2022-3 IO</title>
        <cusip>38381ETV0</cusip>
        <identifiers>
          <isin value="US38381ETV01"/>
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        <balance>94701.27400000</balance>
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        <curCd>USD</curCd>
        <valUSD>4298.48000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-02-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.63997900</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNR 2022-196 BE</title>
        <cusip>38381HB67</cusip>
        <identifiers>
          <isin value="US38381HB672"/>
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        <balance>140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>101755.81000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Government National Mortgage Association</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Conseco Finance Corp.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Chicago Board of Trade</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>GS Finance Corp</name>
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        <name>HSI Asset Loan Obligation Trust</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>HSBC USA, Inc.</name>
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        <name>HTS FUND I LLC</name>
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        <name>Harborview Mtg Loan Trust</name>
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        <name>Harborview Mtg Loan Trust</name>
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        <name>Harborview Mtg Loan Trust</name>
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        <name>HARVEST COMMERCIAL CAPITAL LOAN TRUST 2019-1</name>
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        <name>HARVEST COMMERCIAL CAPITAL LOAN TRUST</name>
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        <name>Hero Funding Trust 2015-2</name>
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        <name>Home Partners Of America Trust 2020-2</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-01-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.05500000</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>Homebanc Mortgage Trust 2006 1</name>
        <lei>N/A</lei>
        <title>HMBT 2005-3 M3</title>
        <cusip>43739EBN6</cusip>
        <identifiers>
          <isin value="US43739EBN67"/>
        </identifiers>
        <balance>55820.08190000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>55701.16000000</valUSD>
        <pctVal>0.016303402653</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.46719000</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>HSI As Ln 2007-Ar2</name>
        <lei>N/A</lei>
        <title>HALO 2007-AR2 4A1</title>
        <cusip>44329EAG6</cusip>
        <identifiers>
          <isin value="US44329EAG61"/>
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        <balance>155977.65050000</balance>
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        <curCd>USD</curCd>
        <valUSD>117234.23000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.28666100</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>Hudson's Bay Simon JV Trust</name>
        <lei>N/A</lei>
        <title>HBCT 2015-HB7 A7</title>
        <cusip>44422PAU6</cusip>
        <identifiers>
          <isin value="US44422PAU66"/>
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        <balance>1122593.55660000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1100917.29000000</valUSD>
        <pctVal>0.322232030125</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.91410000</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>HUNDRED ACRE WOOD TRUST 2021-INV3</name>
        <lei>N/A</lei>
        <title>HAWT 2021-INV3 B3</title>
        <cusip>44555QCF4</cusip>
        <identifiers>
          <isin value="US44555QCF46"/>
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        <balance>136093.71690000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>104670.69000000</valUSD>
        <pctVal>0.030636496710</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.31867100</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUNDRED ACRES WOOD TRUST</name>
        <lei>N/A</lei>
        <title>HAWT 2021-INV1 B1</title>
        <cusip>44590HCA2</cusip>
        <identifiers>
          <isin value="US44590HCA23"/>
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        <balance>258952.25650000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>221633.17000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.22824200</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HUNDRED ACRES WOOD TRUST</name>
        <lei>N/A</lei>
        <title>HAWT 2021-INV1 B2</title>
        <cusip>44590HCC8</cusip>
        <identifiers>
          <isin value="US44590HCC88"/>
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        <balance>163311.35590000</balance>
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        <curCd>USD</curCd>
        <valUSD>133231.45000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.22824200</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Impac CMB Trust</name>
        <lei>N/A</lei>
        <title>IMM 2003-2F M2</title>
        <cusip>45254NDT1</cusip>
        <identifiers>
          <isin value="US45254NDT19"/>
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        <balance>44686.70200000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>44195.70000000</valUSD>
        <pctVal>0.012935822030</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.57000000</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>Impac CMB Trust</name>
        <lei>N/A</lei>
        <title>IMM 2003-4 3M2</title>
        <cusip>45254NEK9</cusip>
        <identifiers>
          <isin value="US45254NEK90"/>
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        <balance>49346.67000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>48156.85000000</valUSD>
        <pctVal>0.014095227389</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.72900000</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>Impac CMB Trust</name>
        <lei>N/A</lei>
        <title>IMM 2004-7 M4</title>
        <cusip>45254NKN6</cusip>
        <identifiers>
          <isin value="US45254NKN65"/>
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        <balance>21016.62000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>21024.66000000</valUSD>
        <pctVal>0.006153794600</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.50219000</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>Impac CMB Trust</name>
        <lei>N/A</lei>
        <title>IMM 2004-8 3B</title>
        <cusip>45254NKW6</cusip>
        <identifiers>
          <isin value="US45254NKW64"/>
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        <balance>45586.34000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>43227.38000000</valUSD>
        <pctVal>0.012652400449</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.32719200</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>Impac CMB Trust</name>
        <lei>N/A</lei>
        <title>IMM 2004-10 3M2</title>
        <cusip>45254NLS4</cusip>
        <identifiers>
          <isin value="US45254NLS44"/>
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        <balance>33853.05200000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>30382.37000000</valUSD>
        <pctVal>0.008892741402</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.58718900</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>Impac CMB Trust</name>
        <lei>N/A</lei>
        <title>IMM 2004-10 3M3</title>
        <cusip>45254NLT2</cusip>
        <identifiers>
          <isin value="US45254NLT27"/>
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        <balance>34330.97420000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>32009.05000000</valUSD>
        <pctVal>0.009368861092</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.67718900</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>Impac CMB Trust</name>
        <lei>N/A</lei>
        <title>IMM 2005-2 2B</title>
        <cusip>45254NNN3</cusip>
        <identifiers>
          <isin value="US45254NNN39"/>
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        <balance>34266.42000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>33097.28000000</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>2035-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.17719000</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>Impac CMB Trust</name>
        <lei>N/A</lei>
        <title>IMM 2005-4 2M1</title>
        <cusip>45254NPN1</cusip>
        <identifiers>
          <isin value="US45254NPN11"/>
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        <balance>175127.71180000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>164423.38000000</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>2035-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.45218900</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>Impac CMB Trust</name>
        <lei>N/A</lei>
        <title>IMM 2005-4 2M2</title>
        <cusip>45254NPP6</cusip>
        <identifiers>
          <isin value="US45254NPP68"/>
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        <balance>445441.71710000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>430526.01000000</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>2035-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.82719000</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>Impac CMB Trust</name>
        <lei>N/A</lei>
        <title>IMM 2005-8 2M1</title>
        <cusip>45254NRV1</cusip>
        <identifiers>
          <isin value="US45254NRV19"/>
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        <balance>505958.99430000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>473085.73000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.45218900</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Impac CMB Trust</name>
        <lei>N/A</lei>
        <title>IMM 2005-8 2M3</title>
        <cusip>45254NRX7</cusip>
        <identifiers>
          <isin value="US45254NRX74"/>
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        <balance>109761.19000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>107706.50000000</valUSD>
        <pctVal>0.031525060481</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.95219000</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>Impac CMB Trust</name>
        <lei>N/A</lei>
        <title>IMM 2005-8 2B</title>
        <cusip>45254NRY5</cusip>
        <identifiers>
          <isin value="US45254NRY57"/>
        </identifiers>
        <balance>99114.41540000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>95604.82000000</valUSD>
        <pctVal>0.027982969763</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.95219000</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>Impac Secured Assets Corp</name>
        <lei>N/A</lei>
        <title>IMSA 2003-2 A2</title>
        <cusip>45254TMT8</cusip>
        <identifiers>
          <isin value="US45254TMT87"/>
        </identifiers>
        <balance>180736.52230000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>144398.45000000</valUSD>
        <pctVal>0.042264578922</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Impac Secured Assets Corp</name>
        <lei>N/A</lei>
        <title>IMSA 2006-1 2A1</title>
        <cusip>45254TTN4</cusip>
        <identifiers>
          <isin value="US45254TTN45"/>
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        <balance>80183.63500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>78073.64000000</valUSD>
        <pctVal>0.022851696258</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.40218900</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>Indymac MBS Inc</name>
        <lei>N/A</lei>
        <title>INDX 2004-AR15 3A1</title>
        <cusip>45660LBG3</cusip>
        <identifiers>
          <isin value="US45660LBG32"/>
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        <balance>214663.02000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>192623.05000000</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>2035-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.08074500</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>Indymac MBS Inc</name>
        <lei>N/A</lei>
        <title>INDX 2005-AR8 2A1A</title>
        <cusip>45660LJJ9</cusip>
        <identifiers>
          <isin value="US45660LJJ98"/>
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        <balance>200784.23510000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>170745.40000000</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>2035-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.16219100</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Indymac MBS Inc</name>
        <lei>N/A</lei>
        <title>INDX 2005-AR13 1A1</title>
        <cusip>45660LQW2</cusip>
        <identifiers>
          <isin value="US45660LQW27"/>
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        <balance>186876.04540000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>82795.58000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.40033000</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>Indymac MBS Inc</name>
        <lei>N/A</lei>
        <title>INDX 2004-AR11 2A</title>
        <cusip>45660N6S9</cusip>
        <identifiers>
          <isin value="US45660N6S95"/>
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        <balance>16319.74500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>14397.84000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.62758000</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>Indymac MBS Inc</name>
        <lei>N/A</lei>
        <title>RAST 2002-A12 A4</title>
        <cusip>45660NHW8</cusip>
        <identifiers>
          <isin value="US45660NHW83"/>
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        <balance>0.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-11-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Indymac MBS Inc</name>
        <lei>N/A</lei>
        <title>RAST 2003-A9 A3</title>
        <cusip>45660NSY2</cusip>
        <identifiers>
          <isin value="US45660NSY21"/>
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        <balance>1256419.03000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1152072.17000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.25219100</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>Indymac MBS Inc</name>
        <lei>N/A</lei>
        <title>RAST 2003-A10 A5</title>
        <cusip>45660NUH6</cusip>
        <identifiers>
          <isin value="US45660NUH69"/>
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        <balance>399344.57070000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>375645.46000000</valUSD>
        <pctVal>0.109949221692</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>IndyMac INDA Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>INDA 2006-AR1 A2</title>
        <cusip>45662BAB5</cusip>
        <identifiers>
          <isin value="US45662BAB53"/>
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        <balance>864414.07660000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>644951.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.30219200</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>JPMBB Commercial Mortgage Securities Trust 2015-C32</name>
        <lei>N/A</lei>
        <title>JPMBB 2015-C32 D</title>
        <cusip>46590JBE6</cusip>
        <identifiers>
          <isin value="US46590JBE64"/>
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        <balance>345000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>29243.51000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-11-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.30343300</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMDB COMMERCIAL MORTGAGE SECURITIES TRUST</name>
        <lei>N/A</lei>
        <title>JPMDB 2017-C5 AS</title>
        <cusip>46590TAJ4</cusip>
        <identifiers>
          <isin value="US46590TAJ43"/>
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        <balance>210000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>189433.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-03-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.85750100</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>JPMDB COMMERCIAL MORTGAGE SECURITIES TRUST</name>
        <lei>N/A</lei>
        <title>JPMDB 2017-C5 B</title>
        <cusip>46590TAK1</cusip>
        <identifiers>
          <isin value="US46590TAK16"/>
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        <balance>825000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>640305.77000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-03-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.00880200</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan Chase Bank, National Association</name>
        <lei>7H6GLXDRUGQFU57RNE97</lei>
        <title>CHASE 2020-CL1 M3</title>
        <cusip>46591HAJ9</cusip>
        <identifiers>
          <isin value="US46591HAJ95"/>
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        <balance>144556.42650000</balance>
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        <curCd>USD</curCd>
        <valUSD>150059.26000000</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>2057-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.05218800</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JP MORGAN MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>JPMMT 2019-8 B4</title>
        <cusip>46591KBW2</cusip>
        <identifiers>
          <isin value="US46591KBW27"/>
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        <balance>178592.80200000</balance>
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        <curCd>USD</curCd>
        <valUSD>154305.43000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.16784600</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>J.G. WENTWORTH XXXIX LLC</name>
        <lei>N/A</lei>
        <title>HENDR 2017-2A B</title>
        <cusip>46620VAB0</cusip>
        <identifiers>
          <isin value="US46620VAB09"/>
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        <balance>349973.35780000</balance>
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        <curCd>USD</curCd>
        <valUSD>296972.05000000</valUSD>
        <pctVal>0.086921976275</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2074-09-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.09000000</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>JP Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>JPMMT 2005-S3 1A22</title>
        <cusip>466247B36</cusip>
        <identifiers>
          <isin value="US466247B363"/>
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        <balance>821850.85850000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>355424.85000000</valUSD>
        <pctVal>0.104030767808</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JP Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>JPMMT 2004-A3 3A3</title>
        <cusip>466247CZ4</cusip>
        <identifiers>
          <isin value="US466247CZ45"/>
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        <balance>4866.65400000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4621.33000000</valUSD>
        <pctVal>0.001352636171</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.12533500</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>JP Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>JPMMT 2004-S2 4A5</title>
        <cusip>466247JV6</cusip>
        <identifiers>
          <isin value="US466247JV67"/>
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        <balance>20821.83450000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>19018.38000000</valUSD>
        <pctVal>0.005566568217</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JP Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>JPMMT 2006-A2 5A4</title>
        <cusip>466247L27</cusip>
        <identifiers>
          <isin value="US466247L271"/>
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        <balance>21991.89160000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>20173.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.03836000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JP Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>JPMMT 2005-A7 1A4</title>
        <cusip>466247WL3</cusip>
        <identifiers>
          <isin value="US466247WL39"/>
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        <balance>24257.17400000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>23583.63000000</valUSD>
        <pctVal>0.006902790102</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.08085400</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JP Morgan Alt Loan</name>
        <lei>N/A</lei>
        <title>JPALT 2005-S1 1A8</title>
        <cusip>46627MAH0</cusip>
        <identifiers>
          <isin value="US46627MAH07"/>
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        <balance>244922.50690000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>23512.76000000</valUSD>
        <pctVal>0.006882046868</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.44780900</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>JP Morgan Alt Loan</name>
        <lei>N/A</lei>
        <title>JPALT 2006-A1 1A2</title>
        <cusip>46627MCT2</cusip>
        <identifiers>
          <isin value="US46627MCT27"/>
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        <balance>809671.61090000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>725818.94000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.30219200</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>JP Morgan Mbs</name>
        <lei>N/A</lei>
        <title>JPMBS 2006-R1 6A1</title>
        <cusip>46628AAK8</cusip>
        <identifiers>
          <isin value="US46628AAK88"/>
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        <balance>334723.71400000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>259743.02000000</valUSD>
        <pctVal>0.076025257670</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-09-28</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.28458800</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>JP Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>JPMMT 2006-A4 3A1</title>
        <cusip>46628LAK4</cusip>
        <identifiers>
          <isin value="US46628LAK44"/>
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        <balance>13867.41850000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9408.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.51442500</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>JP Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>JPMMT 2006-A7 2A1R</title>
        <cusip>46629DAH8</cusip>
        <identifiers>
          <isin value="US46629DAH89"/>
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        <balance>129862.08080000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>95923.95000000</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>2037-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.44346600</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>JP Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>JPMMT 2006-A7 2A4R</title>
        <cusip>46629DAW5</cusip>
        <identifiers>
          <isin value="US46629DAW56"/>
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        <balance>158149.23000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>119300.42000000</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>2037-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.44346600</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>JP Morgan Alt Loan</name>
        <lei>N/A</lei>
        <title>JPALT 2008-R4 1A1</title>
        <cusip>466309AA9</cusip>
        <identifiers>
          <isin value="US466309AA90"/>
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        <balance>930266.15480000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>477620.69000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-12-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>J.P. Morgan Chase Commercial Mortgage Securities Trust</name>
        <lei>N/A</lei>
        <title>JPMCC 2007-LD11 AJ</title>
        <cusip>46631BAK1</cusip>
        <identifiers>
          <isin value="US46631BAK17"/>
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        <balance>5668227.67140000</balance>
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        <curCd>USD</curCd>
        <valUSD>1307990.58000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-06-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.01390100</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JP Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>JPMMT 2008-R2 2A</title>
        <cusip>46632TAC9</cusip>
        <identifiers>
          <isin value="US46632TAC99"/>
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        <balance>202435.41000000</balance>
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        <curCd>USD</curCd>
        <valUSD>172091.88000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-27</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.50000100</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JP Morgan Chase Commercial Mortgage Securities Corp.</name>
        <lei>N/A</lei>
        <title>JPMCC 2011-C3 E</title>
        <cusip>46635TBD3</cusip>
        <identifiers>
          <isin value="US46635TBD37"/>
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        <balance>193000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>89819.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-02-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.70911800</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>J.P. Morgan Chase Commercial Mortgage Securities Trust</name>
        <lei>N/A</lei>
        <title>JPMCC 2012-WLDN A</title>
        <cusip>46637TAA8</cusip>
        <identifiers>
          <isin value="US46637TAA88"/>
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        <balance>2121802.30960000</balance>
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        <curCd>USD</curCd>
        <valUSD>1875142.79000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-05</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>J P Morgan Tax Exempt Pass Thru Tr Ser 2012-3</name>
        <lei>N/A</lei>
        <title>JPTEP 2012-3 A</title>
        <cusip>46637UAA5</cusip>
        <identifiers>
          <isin value="US46637UAA51"/>
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        <balance>109608.79160000</balance>
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        <curCd>USD</curCd>
        <valUSD>99887.94000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-10-27</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.99999900</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JP Morgan Commercial Mortgage Finance Corp</name>
        <lei>N/A</lei>
        <title>JPMCC 2013-LC11 E</title>
        <cusip>46639YAC1</cusip>
        <identifiers>
          <isin value="US46639YAC12"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>78015.00000000</valUSD>
        <pctVal>0.022834532674</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-04-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.25000100</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <name>JP Morgan Chase Commercial Mortgage Securities Corp.</name>
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        <name>Jefferies Financial Group Inc</name>
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        <name>Jefferies Financial Group Inc</name>
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        <name>Jefferies Financial Group Inc</name>
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        <name>Jefferies Financial Group Inc</name>
        <lei>549300HOF34RGOJ5YL07</lei>
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        <name>L2L Ed Ln Tr 06-1</name>
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        <name>La Hipotecaria Panamanian Mortgage Trust 2021-1</name>
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        <title>LHIPO 2021-1 GA</title>
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        <isRestrictedSec>Y</isRestrictedSec>

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        <name>LEGACY MORTGAGE ASSET TRUST</name>
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        <name>Lloyds Bank plc</name>
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        <name>Lloyds Bank plc</name>
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        <name>Lloyds Bank plc</name>
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        <name>Long Beach Mortgage Loan Trust</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Lstar Commercial Mortgage Trust 2017-5</name>
        <lei>N/A</lei>
        <title>LNSTR 2017-5 D</title>
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      <invstOrSec>
        <name>Master Asset Securitization Trust</name>
        <lei>N/A</lei>
        <title>MASTR 2003-11 7A5</title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Master Asset Securitization Trust</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2033-12-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Master Asset Securitization Trust</name>
        <lei>N/A</lei>
        <title>MASTR 2003-11 9A6</title>
        <cusip>55265K2U2</cusip>
        <identifiers>
          <isin value="US55265K2U21"/>
        </identifiers>
        <balance>45031.41460000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>44691.26000000</valUSD>
        <pctVal>0.013080869534</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Master Asset Securitization Trust</name>
        <lei>N/A</lei>
        <title>MASTR 2003-12 6A1</title>
        <cusip>55265K3Z0</cusip>
        <identifiers>
          <isin value="US55265K3Z09"/>
        </identifiers>
        <balance>15588.06950000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>15117.32000000</valUSD>
        <pctVal>0.004424750849</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Master Asset Securitization Trust</name>
        <lei>N/A</lei>
        <title>MASTR 2004-1 1A12</title>
        <cusip>55265K5N5</cusip>
        <identifiers>
          <isin value="US55265K5N50"/>
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        <balance>7836.24920000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7586.06000000</valUSD>
        <pctVal>0.002220395243</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Master Asset Securitization Trust</name>
        <lei>N/A</lei>
        <title>MASTR 2003-11 2A10</title>
        <cusip>55265KX61</cusip>
        <identifiers>
          <isin value="US55265KX616"/>
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        <balance>3450.90380000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3376.97000000</valUSD>
        <pctVal>0.000988419301</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mastr Seasoned Sec</name>
        <lei>N/A</lei>
        <title>MSSTR 2003-1 2A1</title>
        <cusip>55265WAE3</cusip>
        <identifiers>
          <isin value="US55265WAE30"/>
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        <balance>338666.90390000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>332218.21000000</valUSD>
        <pctVal>0.097238320467</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Mastr Seasoned Sec</name>
        <lei>N/A</lei>
        <title>MSSTR 2004-1 4A1</title>
        <cusip>55265WBD4</cusip>
        <identifiers>
          <isin value="US55265WBD48"/>
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        <balance>51441.24130000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>47326.95000000</valUSD>
        <pctVal>0.013852320530</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.56295600</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>Mastr Seasoned Sec</name>
        <lei>N/A</lei>
        <title>MSSTR 2005-1 3A1</title>
        <cusip>55265WCJ0</cusip>
        <identifiers>
          <isin value="US55265WCJ09"/>
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        <balance>14954.80970000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>12524.89000000</valUSD>
        <pctVal>0.003665961801</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.20924000</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>Master Asset Securitization Trust</name>
        <lei>N/A</lei>
        <title>MASTR 2006-2 2A2</title>
        <cusip>55274QBN4</cusip>
        <identifiers>
          <isin value="US55274QBN43"/>
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        <balance>4115554.17000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>806298.80000000</valUSD>
        <pctVal>0.235998927051</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.20219100</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>Mastr Asset Sec Tr</name>
        <lei>N/A</lei>
        <title>MASTR 2006-3 2A1</title>
        <cusip>55274SAM3</cusip>
        <identifiers>
          <isin value="US55274SAM35"/>
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        <balance>2174711.91570000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>355230.93000000</valUSD>
        <pctVal>0.103974008562</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.15219000</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>MASTR Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>MALT 2007-1 30PO</title>
        <cusip>55275SAW0</cusip>
        <identifiers>
          <isin value="US55275SAW08"/>
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        <balance>24199.03340000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>13411.04000000</valUSD>
        <pctVal>0.003925332706</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MASTR Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>MALT 2007-HF1 4PO</title>
        <cusip>55291YAN7</cusip>
        <identifiers>
          <isin value="US55291YAN76"/>
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        <balance>866085.75750000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8.66000000</valUSD>
        <pctVal>0.000002534731</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-10-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MM Community Funding III Ltd/Corp</name>
        <lei>54930037G3KLRZURXG36</lei>
        <title>MMCFND FLOAT 05/01/32</title>
        <cusip>55309YAD9</cusip>
        <identifiers>
          <isin value="US55309YAD94"/>
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        <balance>2548787.04170000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2485067.37000000</valUSD>
        <pctVal>0.727364635752</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.89626100</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>Merrill Lynch Cntr</name>
        <lei>N/A</lei>
        <title>MLCFC 2007-5 AJ</title>
        <cusip>55312YAH5</cusip>
        <identifiers>
          <isin value="US55312YAH53"/>
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        <balance>1999699.54400000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>359945.92000000</valUSD>
        <pctVal>0.105354058466</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-08-12</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.45000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Mrcd 2019-Park Mortgage Trust</name>
        <lei>N/A</lei>
        <title>MRCD 2019-PARK A</title>
        <cusip>55348UAG3</cusip>
        <identifiers>
          <isin value="US55348UAG31"/>
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        <balance>210000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>184065.00000000</valUSD>
        <pctVal>0.053874745327</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.71752000</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>Mastr Adjustable Rate Mortgages Trust</name>
        <lei>N/A</lei>
        <title>MARM 2005-7 3A1</title>
        <cusip>576433D52</cusip>
        <identifiers>
          <isin value="US576433D529"/>
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        <balance>222624.20000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>136168.56000000</valUSD>
        <pctVal>0.039855738416</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.83134300</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>Mastr Adjustable Rate Mortgages Trust</name>
        <lei>N/A</lei>
        <title>MARM 2003-1 2A1</title>
        <cusip>576433DA1</cusip>
        <identifiers>
          <isin value="US576433DA19"/>
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        <balance>39772.76000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>35684.20000000</valUSD>
        <pctVal>0.010444555929</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.65000100</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>Mastr Adjustable Rate Mortgages Trust</name>
        <lei>N/A</lei>
        <title>MARM 2003-2 4A1</title>
        <cusip>576433DJ2</cusip>
        <identifiers>
          <isin value="US576433DJ28"/>
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        <balance>16184.77070000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>15053.85000000</valUSD>
        <pctVal>0.004406173552</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.51048400</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>Mastr Adjustable Rate Mortgages Trust</name>
        <lei>N/A</lei>
        <title>MARM 2003-6 2A1</title>
        <cusip>576433GC4</cusip>
        <identifiers>
          <isin value="US576433GC48"/>
        </identifiers>
        <balance>33958.84990000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>31330.65000000</valUSD>
        <pctVal>0.009170297393</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.61457800</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>Mastr Adjustable Rate Mortgages Trust</name>
        <lei>N/A</lei>
        <title>MARM 2003-6 7A1</title>
        <cusip>576433GN0</cusip>
        <identifiers>
          <isin value="US576433GN03"/>
        </identifiers>
        <balance>17112.84710000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>17167.11000000</valUSD>
        <pctVal>0.005024712352</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.12498300</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>Mastr Adjustable Rate Mortgages Trust</name>
        <lei>N/A</lei>
        <title>MARM 2003-7 B1</title>
        <cusip>576433HV1</cusip>
        <identifiers>
          <isin value="US576433HV10"/>
        </identifiers>
        <balance>34092.39200000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>31163.72000000</valUSD>
        <pctVal>0.009121437961</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.26620000</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>Mastr Adjustable Rate Mortgages Trust</name>
        <lei>N/A</lei>
        <title>MARM 2004-4 1A1</title>
        <cusip>576433LW4</cusip>
        <identifiers>
          <isin value="US576433LW47"/>
        </identifiers>
        <balance>44400.84940000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>39897.49000000</valUSD>
        <pctVal>0.011677761187</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.73936600</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>Mastr Adjustable Rate Mortgages Trust</name>
        <lei>N/A</lei>
        <title>MARM 2004-10 B1</title>
        <cusip>576433TB2</cusip>
        <identifiers>
          <isin value="US576433TB28"/>
        </identifiers>
        <balance>27643.78150000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>22289.19000000</valUSD>
        <pctVal>0.006523915110</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.30550400</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>Mastr Adjustable Rate Mortgages Trust</name>
        <lei>N/A</lei>
        <title>MARM 2004-15 4A1</title>
        <cusip>576433VN3</cusip>
        <identifiers>
          <isin value="US576433VN38"/>
        </identifiers>
        <balance>164112.27000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>158006.82000000</valUSD>
        <pctVal>0.046247668961</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.69476700</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>MASTR Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>MALT 2004-13 10A3</title>
        <cusip>576434A53</cusip>
        <identifiers>
          <isin value="US576434A531"/>
        </identifiers>
        <balance>1615436.82740000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1388913.81000000</valUSD>
        <pctVal>0.406526921442</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MASTR Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>MALT 2005-1 5A1</title>
        <cusip>576434E34</cusip>
        <identifiers>
          <isin value="US576434E343"/>
        </identifiers>
        <balance>2098.59000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1903.00000000</valUSD>
        <pctVal>0.000556996932</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MASTR Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>MALT 2003-3 B2</title>
        <cusip>576434ED2</cusip>
        <identifiers>
          <isin value="US576434ED22"/>
        </identifiers>
        <balance>101405.71390000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>93035.21000000</valUSD>
        <pctVal>0.027230859996</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.15087400</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>MASTR Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>MALT 2003-5 8A1</title>
        <cusip>576434FK5</cusip>
        <identifiers>
          <isin value="US576434FK55"/>
        </identifiers>
        <balance>495745.34860000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>470275.44000000</valUSD>
        <pctVal>0.137646861509</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MASTR Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>MALT 2003-7 6A1</title>
        <cusip>576434HH0</cusip>
        <identifiers>
          <isin value="US576434HH09"/>
        </identifiers>
        <balance>43349.46000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>43576.22000000</valUSD>
        <pctVal>0.012754503869</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MASTR Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>MALT 2005-2 6A1</title>
        <cusip>576434K29</cusip>
        <identifiers>
          <isin value="US576434K290"/>
        </identifiers>
        <balance>300340.50000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>229597.58000000</valUSD>
        <pctVal>0.067201864288</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-03-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MASTR Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>MALT 2004-1 2A1</title>
        <cusip>576434LT9</cusip>
        <identifiers>
          <isin value="US576434LT90"/>
        </identifiers>
        <balance>95881.33000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>93458.26000000</valUSD>
        <pctVal>0.027354684248</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MASTR Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>MALT 2004-1 4A1</title>
        <cusip>576434LV4</cusip>
        <identifiers>
          <isin value="US576434LV47"/>
        </identifiers>
        <balance>131215.60140000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>127075.70000000</valUSD>
        <pctVal>0.037194311655</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MASTR Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>MALT 2004-3 2A1</title>
        <cusip>576434NV2</cusip>
        <identifiers>
          <isin value="US576434NV29"/>
        </identifiers>
        <balance>48495.44740000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>49361.51000000</valUSD>
        <pctVal>0.014447824302</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MASTR Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>MALT 2004-3 6A1</title>
        <cusip>576434NZ3</cusip>
        <identifiers>
          <isin value="US576434NZ33"/>
        </identifiers>
        <balance>187356.62000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>182960.20000000</valUSD>
        <pctVal>0.053551376850</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MASTR Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>MALT 2004-4 1A1</title>
        <cusip>576434PX6</cusip>
        <identifiers>
          <isin value="US576434PX66"/>
        </identifiers>
        <balance>20995.51370000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>20213.55000000</valUSD>
        <pctVal>0.005916387463</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MASTR Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>MALT 2004-6 6A1</title>
        <cusip>576434SJ4</cusip>
        <identifiers>
          <isin value="US576434SJ46"/>
        </identifiers>
        <balance>634313.76670000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>635457.56000000</valUSD>
        <pctVal>0.185994698673</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MASTR Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>MALT 2004-6 7A1</title>
        <cusip>576434SK1</cusip>
        <identifiers>
          <isin value="US576434SK19"/>
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        <balance>151390.23000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>145936.92000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</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>MASTR Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>MALT 2004-6 10A1</title>
        <cusip>576434SN5</cusip>
        <identifiers>
          <isin value="US576434SN57"/>
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        <balance>37275.29800000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>35758.69000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MASTR Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>MALT 2004-7 9A1</title>
        <cusip>576434TM6</cusip>
        <identifiers>
          <isin value="US576434TM65"/>
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        <balance>766204.20730000</balance>
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        <curCd>USD</curCd>
        <valUSD>770684.82000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MASTR Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>MALT 2004-7 10A1</title>
        <cusip>576434TN4</cusip>
        <identifiers>
          <isin value="US576434TN49"/>
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        <balance>50567.93510000</balance>
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        <curCd>USD</curCd>
        <valUSD>50245.13000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MASTR Specialized Loan Trust</name>
        <lei>N/A</lei>
        <title>MASD 2005-3 M1</title>
        <cusip>576436CP2</cusip>
        <identifiers>
          <isin value="US576436CP28"/>
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        <balance>56887.07900000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>53961.69000000</valUSD>
        <pctVal>0.015794269992</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.82719000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Mastr Adjustable Rate Mortgages Trust</name>
        <lei>N/A</lei>
        <title>MARM 2006-2 5A1</title>
        <cusip>576438AH8</cusip>
        <identifiers>
          <isin value="US576438AH85"/>
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        <balance>90962.00820000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>27160.58000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.17280000</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>MASTR Asset Backed Securities Trust</name>
        <lei>N/A</lei>
        <title>MABS 2004-FRE1 M7</title>
        <cusip>57643LEA0</cusip>
        <identifiers>
          <isin value="US57643LEA08"/>
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        <balance>937948.05010000</balance>
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        <curCd>USD</curCd>
        <valUSD>875847.26000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.40219000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MASTR Asset Backed Securities Trust</name>
        <lei>N/A</lei>
        <title>MABS 2005-NC1 M2</title>
        <cusip>57643LGG5</cusip>
        <identifiers>
          <isin value="US57643LGG59"/>
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        <balance>213096.08500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>212605.67000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.45218900</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Master Asset Securitization Trust</name>
        <lei>N/A</lei>
        <title>MASTR 2004-9 4A1</title>
        <cusip>57643MFQ2</cusip>
        <identifiers>
          <isin value="US57643MFQ24"/>
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        <balance>2320110.71000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1698688.08000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Master Asset Securitization Trust</name>
        <lei>N/A</lei>
        <title>MASTR 2005-1 2A9</title>
        <cusip>57643MKL7</cusip>
        <identifiers>
          <isin value="US57643MKL71"/>
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        <balance>62200.80080000</balance>
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        <curCd>USD</curCd>
        <valUSD>49440.26000000</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>2035-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Mastr Reperforming</name>
        <lei>N/A</lei>
        <title>MARP 2005-2 1A4</title>
        <cusip>57643QAJ4</cusip>
        <identifiers>
          <isin value="US57643QAJ40"/>
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        <balance>16040.33650000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Mastr Asset Backed Securities Trust 2007 NCW</name>
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        <title>MABS 2007-NCW A2</title>
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          <isin value="US576456AB39"/>
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        <balance>225183.75700000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-05-25</maturityDt>
          <couponKind>Floating</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Mastr Reperforming</name>
        <lei>N/A</lei>
        <title>MARP 2006-2 2A1</title>
        <cusip>57645LAB0</cusip>
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          <isin value="US57645LAB09"/>
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        <balance>126597.51420000</balance>
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        <curCd>USD</curCd>
        <valUSD>116386.64000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.75706100</annualizedRt>
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      <invstOrSec>
        <name>MELLO MORTGAGE CAPITAL ACCEPTANCE</name>
        <lei>N/A</lei>
        <title>MELLO 2021-MTG1 B1</title>
        <cusip>585495EC4</cusip>
        <identifiers>
          <isin value="US585495EC46"/>
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        <balance>545302.75200000</balance>
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        <curCd>USD</curCd>
        <valUSD>437192.45000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.63930000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MELLO MORTGAGE CAPITAL ACCEPTANCE</name>
        <lei>N/A</lei>
        <title>MELLO 2018-MTG2 B5</title>
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          <isin value="US585499BU92"/>
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        <balance>880000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>670025.66000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-10-25</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Mellon Residential</name>
        <lei>N/A</lei>
        <title>MRFC 2000-TBC3 B4</title>
        <cusip>585525EU8</cusip>
        <identifiers>
          <isin value="US585525EU89"/>
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        <balance>93681.83530000</balance>
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        <curCd>USD</curCd>
        <valUSD>86717.84000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.88772400</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Merrill Lynch Mortgage Investors, Inc.</name>
        <lei>N/A</lei>
        <title>MLMI 2003-A6 1A</title>
        <cusip>5899294G0</cusip>
        <identifiers>
          <isin value="US5899294G05"/>
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        <balance>29614.46400000</balance>
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        <curCd>USD</curCd>
        <valUSD>28203.76000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.62613800</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Merrill Lynch Mortgage Investors, Inc.</name>
        <lei>N/A</lei>
        <title>MLMI 2003-A4 3A</title>
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        <curCd>USD</curCd>
        <valUSD>29883.23000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>Merrill Lynch Mortgage Investors, Inc.</name>
        <lei>N/A</lei>
        <title>MLCC 2004-HB1 A3</title>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Merrill Lynch Mortgage Investors, Inc.</name>
        <lei>N/A</lei>
        <title>MLCC 2005-B B1</title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <name>Merrill Lynch Mortgage Investors, Inc.</name>
        <lei>N/A</lei>
        <title>MLMI 2005-A4 1A</title>
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          <isin value="US59020UXH30"/>
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        <balance>149776.01900000</balance>
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        <curCd>USD</curCd>
        <valUSD>57427.64000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.15844100</annualizedRt>
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      <invstOrSec>
        <name>Merrill Lynch Mortgage Investors Trust 2006 Rm2</name>
        <lei>N/A</lei>
        <title>MLCC 2007-3 2A2</title>
        <cusip>59022XAD9</cusip>
        <identifiers>
          <isin value="US59022XAD93"/>
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        <balance>40556.72700000</balance>
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        <curCd>USD</curCd>
        <valUSD>30620.65000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.19920600</annualizedRt>
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      <invstOrSec>
        <name>Morgan Stanley Capital I Trust 2018-L1</name>
        <lei>N/A</lei>
        <title>MSC 2018-L1 B</title>
        <cusip>61691QAJ7</cusip>
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          <isin value="US61691QAJ76"/>
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        <balance>72000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>64873.22000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-10-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.86673600</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>MS FLOAT 01/21/26</title>
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          <isin value="US61745E2K60"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>64750.00000000</valUSD>
        <pctVal>0.018951945019</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>MS FLOAT 07/29/31</title>
        <cusip>61745E3S8</cusip>
        <identifiers>
          <isin value="US61745E3S87"/>
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        <balance>114000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>95760.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>MS FLOAT 03/31/31</title>
        <cusip>61745E6X4</cusip>
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          <isin value="US61745E6X46"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15650.00000000</valUSD>
        <pctVal>0.004580663159</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>MS FLOAT 03/31/31</title>
        <cusip>61745E7D7</cusip>
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          <isin value="US61745E7D72"/>
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        <balance>167000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>143202.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>MS FLOAT 09/16/31</title>
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          <isin value="US61745EL583"/>
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        <balance>268200.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>207184.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>MS FLOAT 05/31/31</title>
        <cusip>61745ER60</cusip>
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          <isin value="US61745ER606"/>
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        <balance>89000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>MS FLOAT 06/30/31</title>
        <cusip>61745EX63</cusip>
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          <isin value="US61745EX638"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Morgan Stanley ABS Capital I Inc</name>
        <lei>549300RLSHIMYD3FZB52</lei>
        <title>MSAC 2003-SD1 M2</title>
        <cusip>61746RCG4</cusip>
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          <isin value="US61746RCG48"/>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.60218900</annualizedRt>
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      <invstOrSec>
        <name>Lehman Abs Corp</name>
        <lei>N/A</lei>
        <title>MSDWC 2003-HYB1 A3</title>
        <cusip>61746WB90</cusip>
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          <isin value="US61746WB907"/>
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        <balance>43595.00000000</balance>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.05736000</annualizedRt>
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      <invstOrSec>
        <name>Morgan Stanley ML</name>
        <lei>N/A</lei>
        <title>MSM 2004-2AR 2A</title>
        <cusip>61748HAB7</cusip>
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          <isin value="US61748HAB78"/>
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        <balance>15246.16600000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.72488300</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Morgan Stanley ML</name>
        <lei>N/A</lei>
        <title>MSM 2004-8AR 2A</title>
        <cusip>61748HED9</cusip>
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          <isin value="US61748HED98"/>
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        <balance>22286.64000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20117.73000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.82521000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Morgan Stanley ML</name>
        <lei>N/A</lei>
        <title>MSM 2004-8AR 4A1</title>
        <cusip>61748HEF4</cusip>
        <identifiers>
          <isin value="US61748HEF47"/>
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        <balance>16502.94050000</balance>
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        <curCd>USD</curCd>
        <valUSD>14556.44000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

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        <name>Morgan Stanley</name>
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        <name>Morgan Stanley</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Morgan Stanley</name>
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        <name>Morgan Stanley</name>
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        <name>Morgan Stanley</name>
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        <name>Morgan Stanley</name>
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        <name>Morgan Stanley</name>
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        <name>Morgan Stanley</name>
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        <name>Morgan Stanley</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
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        <valUSD>169020.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
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          <isin value="US61760QHH02"/>
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        <curCd>USD</curCd>
        <valUSD>145860.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>MS 10 09/30/30</title>
        <cusip>61760QHJ6</cusip>
        <identifiers>
          <isin value="US61760QHJ67"/>
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        <balance>428000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>339190.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>MS FLOAT 10/30/30</title>
        <cusip>61760QHW7</cusip>
        <identifiers>
          <isin value="US61760QHW78"/>
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        <balance>151000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>116458.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>MS 10 10/30/30</title>
        <cusip>61760QHY3</cusip>
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          <isin value="US61760QHY35"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>MS FLOAT 11/30/30</title>
        <cusip>61760QJB1</cusip>
        <identifiers>
          <isin value="US61760QJB14"/>
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        <balance>66000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>52140.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-30</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00009900</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>MS 10 11/30/30</title>
        <cusip>61760QJC9</cusip>
        <identifiers>
          <isin value="US61760QJC96"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>37125.00000000</valUSD>
        <pctVal>0.010866269634</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>MS 9 11/30/35</title>
        <cusip>61760QJD7</cusip>
        <identifiers>
          <isin value="US61760QJD79"/>
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        <balance>176000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>137280.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-11-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>MS 8 12/23/35</title>
        <cusip>61760QJF2</cusip>
        <identifiers>
          <isin value="US61760QJF28"/>
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        <balance>241000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>191595.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>MS FLOAT 01/29/31</title>
        <cusip>61760QJG0</cusip>
        <identifiers>
          <isin value="US61760QJG01"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>23700.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-29</maturityDt>
          <couponKind>Floating</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>MS FLOAT 02/29/36</title>
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          <isin value="US61760QJN51"/>
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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>
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      <invstOrSec>
        <name>Morgan Stanley Capital I Trust 2011-C2</name>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Morgan Stanley Capital I Trust 2011-C2</name>
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          <isin value="US61760VAF04"/>
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      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
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      <invstOrSec>
        <name>Morgan Stanley BAML Trust</name>
        <lei>N/A</lei>
        <title>MSBAM 2013-C11 AS</title>
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      <invstOrSec>
        <name>Morgan Stanley BAML Trust</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>MORGAN STANLEY CAPITAL I TRUST</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Morgan Stanley Finance LLC.</name>
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        <name>Morgan Stanley Finance LLC.</name>
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        <name>Morgan Stanley Finance LLC.</name>
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        <name>Morgan Stanley Finance LLC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Mortgage Equity Conversion Asset Trust 2007 Ff2</name>
        <lei>N/A</lei>
        <title>MECA 2007-FF2 A</title>
        <cusip>61911CAA1</cusip>
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          <isin value="US61911CAA18"/>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MortgageIT Trust</name>
        <lei>N/A</lei>
        <title>MHL 2004-2 B2</title>
        <cusip>61913PAL6</cusip>
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          <isin value="US61913PAL67"/>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-12-25</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Mortgage Loan Resecuritization Trust 2009-RS1</name>
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        <title>MLRT 2009-RS1 B15</title>
        <cusip>61914WAB2</cusip>
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          <isin value="US61914WAB28"/>
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        <balance>2658360.77150000</balance>
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        <curCd>USD</curCd>
        <valUSD>1848422.84000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-04-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.30017900</annualizedRt>
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      <invstOrSec>
        <name>MortgageIT Trust</name>
        <lei>N/A</lei>
        <title>MHL 2005-3 M2</title>
        <cusip>61915RAN6</cusip>
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          <isin value="US61915RAN61"/>
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        <balance>194645.93000000</balance>
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        <curCd>USD</curCd>
        <valUSD>187046.35000000</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>2035-08-25</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Multifamily Trust</name>
        <lei>N/A</lei>
        <title>MFMT 2016-1 A</title>
        <cusip>62547LAA1</cusip>
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          <isin value="US62547LAA17"/>
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        <balance>651885.29650000</balance>
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        <curCd>USD</curCd>
        <valUSD>585404.80000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.70218800</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>N/A</lei>
        <title>MCAS 2019-01 M10</title>
        <cusip>62547NAB5</cusip>
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          <isin value="US62547NAB55"/>
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        <balance>897680.01000000</balance>
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        <curCd>USD</curCd>
        <valUSD>908906.13000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-10-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.09851000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Napier Park Global Capital</name>
        <lei>N/A</lei>
        <title>NPRL 2017-1A B1</title>
        <cusip>62946AAE4</cusip>
        <identifiers>
          <isin value="US62946AAE47"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1341412.65000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-10-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.60700000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Np Spe X Lp 2019-2</name>
        <lei>N/A</lei>
        <title>NPRL 2021-1A B1</title>
        <cusip>62947AAG8</cusip>
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          <isin value="US62947AAG85"/>
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        <balance>1795000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1425024.29000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-03-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.67000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Naac Reperforming</name>
        <lei>N/A</lei>
        <title>NAA 2004-R1 A2</title>
        <cusip>62951MAB6</cusip>
        <identifiers>
          <isin value="US62951MAB63"/>
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        <balance>135956.13500000</balance>
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        <curCd>USD</curCd>
        <valUSD>125280.63000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Nassau 2018-I Ltd / Llc</name>
        <lei>5493003RNMF4L18JF715</lei>
        <title>NCC 2018-IA E</title>
        <cusip>63170NAA9</cusip>
        <identifiers>
          <isin value="US63170NAA90"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>177906.00000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.76751000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>National City Mortgage Capital Trust</name>
        <lei>N/A</lei>
        <title>NATCM 2008-1 2A1</title>
        <cusip>635419AE4</cusip>
        <identifiers>
          <isin value="US635419AE44"/>
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        <balance>535397.36720000</balance>
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        <curCd>USD</curCd>
        <valUSD>538179.93000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-03-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>National City Mortgage Capital Trust</name>
        <lei>N/A</lei>
        <title>NATCM 2008-1 2A2</title>
        <cusip>635419AF1</cusip>
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          <isin value="US635419AF19"/>
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        <balance>26110.18750000</balance>
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        <curCd>USD</curCd>
        <valUSD>26243.66000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-03-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>National Collegiate Stud Ln 06-3</name>
        <lei>N/A</lei>
        <title>NCSLT 2006-3 B</title>
        <cusip>63543VAG8</cusip>
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          <isin value="US63543VAG86"/>
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        <balance>205000.00000000</balance>
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        <valUSD>175753.08000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-26</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.06219000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Natixis US Medium Term Note Program LLC</name>
        <lei>549300MPTYP2BAQOK371</lei>
        <title>KNFP FLOAT 04/30/34</title>
        <cusip>63873HKC7</cusip>
        <identifiers>
          <isin value="US63873HKC78"/>
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        <balance>282000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>186120.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Natixis US Medium Term Note Program LLC</name>
        <lei>549300MPTYP2BAQOK371</lei>
        <title>KNFP FLOAT 07/31/34</title>
        <cusip>63873HLU6</cusip>
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          <isin value="US63873HLU67"/>
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        <balance>1414000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-07-31</maturityDt>
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      <invstOrSec>
        <name>Natixis Commercial Mortgage Security</name>
        <lei>N/A</lei>
        <title>NCMS 2017-75B A</title>
        <cusip>63874EAA8</cusip>
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          <isin value="US63874EAA82"/>
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        <balance>1000000.00000000</balance>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-04-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.85810000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NAVIENT PRIVATE EDUCATION REFI LOAN TRUST</name>
        <lei>N/A</lei>
        <title>NAVSL 2021-A B</title>
        <cusip>63942BAB0</cusip>
        <identifiers>
          <isin value="US63942BAB09"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>210511.04000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2069-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.24000000</annualizedRt>
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        <name>CONTINENTAL FINANCE CREDIT CARD ABS MASTER TRUST</name>
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        <name>Novastar Mortgage Funding Trust</name>
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        <name>PHH Mortgage Capital Llc Series 2005 3</name>
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        <name>Petroleos Mexicanos</name>
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        <name>Petroleos Mexicanos</name>
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        <name>Preferred Term Securities X, Ltd.</name>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Prime Mortgage Trust 2003 1</name>
        <lei>N/A</lei>
        <title>PRIME 2003-3 A9</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PROVIDENT FUNDING MORTGAGE LOAN TRUST</name>
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        <fairValLevel>2</fairValLevel>
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        <name>RBSSP Resecuritization Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>RBSGC Mortgage Loan Trust 2007-B</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Rbsgc Structured T</name>
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        <fairValLevel>2</fairValLevel>
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        <name>RBSSP Resecuritization Trust</name>
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        <title>RBSSP 2009-12 19A2</title>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>RMF PROPRIETARY ISSUANCE TRUST</name>
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        <title>RPIT 2021-2 M1</title>
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          <isin value="US74969VAB18"/>
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        <assetCat>ABS-O</assetCat>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>RMF PROPRIETARY ISSUANCE TRUST 2022-1</name>
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        <title>RPIT 2022-1 A1</title>
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          <isin value="US74969XAA90"/>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>RMF PROPRIETARY ISSUANCE TRUST 2022-1</name>
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        <title>RPIT 2022-1 M1</title>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>RMF PROPRIETARY ISSUANCE TRUST 2022-2</name>
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        <title>RPIT 2022-2 M3</title>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>RMF PROPRIETARY ISSUANCE TRUST 2022-3</name>
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          <isin value="US74970FAA57"/>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>RAAC Series 2007 RP3 Trust</name>
        <lei>N/A</lei>
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          <isin value="US74978BAA61"/>
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        <name>Ready Capital Mortgage Trust 2018-4</name>
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          <isin value="US75575KAW27"/>
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        <isRestrictedSec>Y</isRestrictedSec>

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      <invstOrSec>
        <name>Ready Capital Mortgage Trust 2019-5</name>
        <lei>N/A</lei>
        <title>RCMT 2019-5 E</title>
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          <isin value="US75575MAN83"/>
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      <invstOrSec>
        <name>READY CAPITAL MORTGAGE FINANCING LLC</name>
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          <isin value="US75575WAA45"/>
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        <isRestrictedSec>Y</isRestrictedSec>

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      <invstOrSec>
        <name>READYCAP LENDING SMALL BUSINESS LOAN TRUST 2023-3</name>
        <lei>N/A</lei>
        <title>RCLT 2023-3 A</title>
        <cusip>75576AAA1</cusip>
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          <isin value="US75576AAA16"/>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>READYCAP LENDING SMALL BUSINESS LOAN TRUST</name>
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          <isin value="US75576QAA67"/>
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        <balance>265474.69600000</balance>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Renaissance Mortgage Acceptance Corp.</name>
        <lei>N/A</lei>
        <title>RAMC 2002-3 M1</title>
        <cusip>75970NAB3</cusip>
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          <isin value="US75970NAB38"/>
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        <balance>425886.97400000</balance>
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        <curCd>USD</curCd>
        <valUSD>397300.33000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>6.20219200</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Renaissance Mortgage Acceptance Corp.</name>
        <lei>N/A</lei>
        <title>RAMC 2002-3 M2</title>
        <cusip>75970NAC1</cusip>
        <identifiers>
          <isin value="US75970NAC11"/>
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        <balance>83935.80000000</balance>
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        <curCd>USD</curCd>
        <valUSD>71819.09000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-25</maturityDt>
          <couponKind>Floating</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Residential Asset Mortgage Products, Inc.</name>
        <lei>N/A</lei>
        <title>RAAC 2004-SP1 AII</title>
        <cusip>7609855V9</cusip>
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          <isin value="US7609855V99"/>
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        <balance>26264.14000000</balance>
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        <curCd>USD</curCd>
        <valUSD>24767.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.40218900</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Residential Asset Mortgage Products, Inc.</name>
        <lei>N/A</lei>
        <title>RAMP 2002-SL1 AII4</title>
        <cusip>760985LJ8</cusip>
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          <isin value="US760985LJ87"/>
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        <balance>291887.40200000</balance>
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        <curCd>USD</curCd>
        <valUSD>271529.39000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.85220600</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Residential Accredit Loans Inc</name>
        <lei>N/A</lei>
        <title>RALI 2005-QA4 A41</title>
        <cusip>76110H4L0</cusip>
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          <isin value="US76110H4L03"/>
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        <balance>420.64760000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.63056800</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Residential Accredit Loans Inc</name>
        <lei>N/A</lei>
        <title>RALI 2005-QA12 CB1</title>
        <cusip>761118MY1</cusip>
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          <isin value="US761118MY10"/>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.94102600</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Residential Asset Mortgage Products, Inc.</name>
        <lei>N/A</lei>
        <title>RAAC 2005-SP2 2A</title>
        <cusip>76112BF54</cusip>
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          <isin value="US76112BF546"/>
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        <balance>708415.47000000</balance>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Residential Asset Mortgage Products, Inc.</name>
        <lei>N/A</lei>
        <title>RAAC 2005-SP1 4A1</title>
        <cusip>76112BQY9</cusip>
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          <isin value="US76112BQY91"/>
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        <balance>13393.77300000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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      <invstOrSec>
        <name>Residential Asset Mortgage Products, Inc.</name>
        <lei>N/A</lei>
        <title>GMACM 2005-AR5 4A1</title>
        <cusip>76112BYD6</cusip>
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          <isin value="US76112BYD62"/>
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        <balance>1828937.48430000</balance>
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        <curCd>USD</curCd>
        <valUSD>1586083.30000000</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>2035-09-19</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.74822400</annualizedRt>
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      <invstOrSec>
        <name>RMF BUYOUT ISSUANCE TRUST 2022-HB1</name>
        <lei>N/A</lei>
        <title>RBIT 2022-HB1 M3</title>
        <cusip>76970HAD0</cusip>
        <identifiers>
          <isin value="US76970HAD08"/>
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        <balance>5210000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4599462.50000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>RMF BUYOUT ISSUANCE TRUST 2022-HB1</name>
        <lei>N/A</lei>
        <title>RBIT 2022-HB1 M4</title>
        <cusip>76970HAE8</cusip>
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          <isin value="US76970HAE80"/>
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        <balance>1350000.00000000</balance>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Natwest Markets PLC</name>
        <lei>RR3QWICWWIPCS8A4S074</lei>
        <title>NWG FLOAT 08/18/31</title>
        <cusip>78009PBE0</cusip>
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          <isin value="US78009PBE07"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>86250.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NatWest Group PLC</name>
        <lei>N/A</lei>
        <title>NWG FLOAT 08/26/31</title>
        <cusip>78009PBK6</cusip>
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          <isin value="US78009PBK66"/>
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        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ryland Mortgage Securities Corp.</name>
        <lei>N/A</lei>
        <title>RYMS 1994-1 B</title>
        <cusip>783766QB7</cusip>
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          <isin value="US783766QB79"/>
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        <balance>1413.66500000</balance>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>SBALR COMMERCIAL MORTGAGE 2020-RR1 TRUST</name>
        <lei>N/A</lei>
        <title>SBALR 2020-RR1 C</title>
        <cusip>78397EAS5</cusip>
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          <isin value="US78397EAS54"/>
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        <balance>2270000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1429605.69000000</valUSD>
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        <assetCat>ABS-O</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-02-13</maturityDt>
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      <invstOrSec>
        <name>SFS AUTO RECEIVABLES SECURITIZATION TRUST 2023-1</name>
        <lei>N/A</lei>
        <title>SFAST 2023-1A C</title>
        <cusip>78398AAG8</cusip>
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          <isin value="US78398AAG85"/>
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        <balance>100000.00000000</balance>
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        <valUSD>102322.48000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.97000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SG Structured Products, Inc.</name>
        <lei>549300D8JJ608SOIGA98</lei>
        <title>SOCGEN 0 07/29/31</title>
        <cusip>78423A2D3</cusip>
        <identifiers>
          <isin value="US78423A2D39"/>
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        <balance>185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>137131.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SLM Student Loan Trust</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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      <invstOrSec>
        <name>SLM Private Cr Student Loan Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SMB Private Education Loan Trust 2021-A</name>
        <lei>N/A</lei>
        <title>SMB 2021-A APL</title>
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          <isin value="US78448YAM30"/>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Starm Mortgage Loan Trust 2007 3</name>
        <lei>N/A</lei>
        <title>STARM 2007-4 3A1</title>
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          <isin value="US78473WAF05"/>
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        <assetCat>ABS-O</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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        <name>STWD 2022-FL3 LTD</name>
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        <title>STWD 2022-FL3 A</title>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>STWD 2022-FL3 LTD</name>
        <lei>N/A</lei>
        <title>STWD 2022-FL3 C</title>
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          <isin value="US78485KAJ43"/>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Salomon Brothers Mortgage Securities VII Inc.</name>
        <lei>N/A</lei>
        <title>SBM7 1997-HUD2 B2</title>
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          <isin value="US79548KXR49"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Salomon Brothers Mortgage Securities VII Inc.</name>
        <lei>N/A</lei>
        <title>SBM7 2002-WMC1 M1</title>
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          <isin value="US79549AKF56"/>
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        <assetCat>ABS-O</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>Salomon Brothers Mortgage Securities VII Inc.</name>
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        <title>CBASS 2002-CB3 B2</title>
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        <assetCat>ABS-O</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Salomon Brothers Mortgage Securities VII Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Saxon Asset Securities Trust</name>
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          <isin value="US805564JL63"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Saxon Asset Securities Trust</name>
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        <name>Saxon Asset Securities Trust</name>
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      <invstOrSec>
        <name>Security National Mortgage Loan Tst</name>
        <lei>N/A</lei>
        <title>SNMLT 2005-2A A3</title>
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          <isin value="US81441PCP45"/>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Security National Mortgage Loan Tst</name>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Select Notes Trust</name>
        <lei>N/A</lei>
        <title>SELECT 5.91 02/22/33</title>
        <cusip>81619PAA5</cusip>
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          <isin value="US81619PAA57"/>
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        <balance>634875.69000000</balance>
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        <curCd>USD</curCd>
        <valUSD>581338.38000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-02-22</maturityDt>
          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>Sequoia Mortgage Trust 2004 11</name>
        <lei>N/A</lei>
        <title>SEMT 2003-4 1A1</title>
        <cusip>81743PBH8</cusip>
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          <isin value="US81743PBH82"/>
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        <balance>269389.00800000</balance>
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        <curCd>USD</curCd>
        <valUSD>226584.85000000</valUSD>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-20</maturityDt>
          <couponKind>Floating</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>Sequoia Mortgage Trust 2004 11</name>
        <lei>N/A</lei>
        <title>SEMT 2004-10 A1A</title>
        <cusip>81744FET0</cusip>
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          <isin value="US81744FET03"/>
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        <balance>26871.32000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25239.36000000</valUSD>
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        <assetCat>ABS-O</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Sequoia Mortgage Trust 2004 11</name>
        <lei>N/A</lei>
        <title>SEMT 2004-10 A3B</title>
        <cusip>81744FEX1</cusip>
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          <isin value="US81744FEX15"/>
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        <curCd>USD</curCd>
        <valUSD>32271.85000000</valUSD>
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        <assetCat>ABS-O</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Sequoia Mortgage Trust 2004 11</name>
        <lei>N/A</lei>
        <title>SEMT 2005-2 A1</title>
        <cusip>81744FGY7</cusip>
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          <isin value="US81744FGY79"/>
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        <balance>46566.74490000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-03-20</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Sequoia Mortgage Trust 2004 11</name>
        <lei>N/A</lei>
        <title>SEMT 2005-3 B1</title>
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          <isin value="US81744FHP53"/>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-20</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Sequoia Mortgage Trust 2004 11</name>
        <lei>N/A</lei>
        <title>SEMT 2007-4 1A1</title>
        <cusip>81744JAA7</cusip>
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          <isin value="US81744JAA79"/>
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        <balance>280634.25600000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.50064900</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sequoia Mortgage Trust 2004 11</name>
        <lei>N/A</lei>
        <title>SEMT 2007-2 1B1</title>
        <cusip>81744LAE4</cusip>
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        <balance>276538.39580000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Sequoia Mortgage Trust 2004 11</name>
        <lei>N/A</lei>
        <title>SEMT 2013-6 B1</title>
        <cusip>81745BAM7</cusip>
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          <isin value="US81745BAM72"/>
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        <balance>101356.56000000</balance>
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        <curCd>USD</curCd>
        <valUSD>98404.80000000</valUSD>
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        <assetCat>ABS-O</assetCat>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>SEQUOIA MORTGAGE TRUST</name>
        <lei>549300BU8OEB78D7JI24</lei>
        <title>SEQUOIA MORTGAGE TRUST</title>
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          <isin value="US81745LAF04"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>SEQUOIA MORTGAGE TRUST</name>
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        <cusip>81746TCD5</cusip>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>SHELLPOINT CO-ORIGINATOR TRUST</name>
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        <title>SCOT 2017-1 B4</title>
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          <isin value="US82280RCE71"/>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>SMB PRIVATE EDUCATION LOAN TRUST 2023-C</name>
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        <title>SMB 2023-C B</title>
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          <isin value="US83207DAC20"/>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Societe Generale S.A.</name>
        <lei>O2RNE8IBXP4R0TD8PU41</lei>
        <title>SOCGEN 21 10/29/32</title>
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          <isin value="US83369EE557"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Societe Generale S.A.</name>
        <lei>O2RNE8IBXP4R0TD8PU41</lei>
        <title>SOCGEN 12 1/2 01/31/35</title>
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        <balance>203000.00000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>SOHO TRUST 2021-SOHO</name>
        <lei>N/A</lei>
        <title>SOHO 2021-SOHO B</title>
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        <balance>110000.00000000</balance>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-08-10</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Soundview 06-Opt4</name>
        <lei>N/A</lei>
        <title>SVHE 2006-OPT4 1A1</title>
        <cusip>83611YAA0</cusip>
        <identifiers>
          <isin value="US83611YAA01"/>
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        <balance>12084.05900000</balance>
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        <curCd>USD</curCd>
        <valUSD>11999.95000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-25</maturityDt>
          <couponKind>Floating</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Southern Pacific Secured Assets Corp.</name>
        <lei>N/A</lei>
        <title>SPSAC 1997-2 M1F</title>
        <cusip>843590BQ2</cusip>
        <identifiers>
          <isin value="US843590BQ24"/>
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        <balance>148801.19090000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>181266.74000000</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>2027-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.32000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Spruce Hill Mortgage Loan Trust 2020-Sh1</name>
        <lei>N/A</lei>
        <title>SHMLT 2020-SH1 B2</title>
        <cusip>85209FAF3</cusip>
        <identifiers>
          <isin value="US85209FAF36"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>87827.11000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-01-28</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.67600000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Steele Creek Clo 2018-2</name>
        <lei>N/A</lei>
        <title>STCR 2018-2A D</title>
        <cusip>85816LAG3</cusip>
        <identifiers>
          <isin value="US85816LAG32"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>501808.00000000</valUSD>
        <pctVal>0.146876256774</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-18</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.14700200</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Strats Trust for Goldman Sachs Capital I Securities</name>
        <lei>N/A</lei>
        <title>STRATS FLOAT 02/15/34</title>
        <cusip>86312BAB3</cusip>
        <identifiers>
          <isin value="US86312BAB36"/>
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        <balance>135000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>102952.15000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.99874100</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Structured Asset Securities Corp.</name>
        <lei>N/A</lei>
        <title>SASC 2000-5 B3</title>
        <cusip>8635722B8</cusip>
        <identifiers>
          <isin value="US8635722B80"/>
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        <balance>18071.97000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>16300.44000000</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>2030-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00010100</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Structured Adjustable Rate Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>SARM 2004-18 1A3</title>
        <cusip>863579FS2</cusip>
        <identifiers>
          <isin value="US863579FS21"/>
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        <balance>59267.31390000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>51767.22000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.22099000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Structured Adjustable Rate Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>SARM 2005-4 1A1</title>
        <cusip>863579MP0</cusip>
        <identifiers>
          <isin value="US863579MP09"/>
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        <balance>186116.55580000</balance>
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        <curCd>USD</curCd>
        <valUSD>155673.53000000</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>2035-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.68617400</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Structured Adjustable Rate Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>SARM 2006-1 2A2</title>
        <cusip>863579P28</cusip>
        <identifiers>
          <isin value="US863579P285"/>
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        <balance>721376.70400000</balance>
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        <curCd>USD</curCd>
        <valUSD>648582.36000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.33897300</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Structured Adjustable Rate Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>SARM 2005-15 1A1</title>
        <cusip>863579UL0</cusip>
        <identifiers>
          <isin value="US863579UL03"/>
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        <balance>332818.30430000</balance>
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        <curCd>USD</curCd>
        <valUSD>183996.57000000</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>2035-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.69421300</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>Structured Asset Securities Corp.</name>
        <lei>N/A</lei>
        <title>SASC 2007-WF1 A1</title>
        <cusip>86358BAA0</cusip>
        <identifiers>
          <isin value="US86358BAA08"/>
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        <balance>296695.38590000</balance>
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        <curCd>USD</curCd>
        <valUSD>280101.52000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.12219200</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Strctrd Asset Invt</name>
        <lei>N/A</lei>
        <title>SAIL 2003-BC9 M3</title>
        <cusip>86358EDM5</cusip>
        <identifiers>
          <isin value="US86358EDM57"/>
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        <balance>527272.93800000</balance>
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        <curCd>USD</curCd>
        <valUSD>492047.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.85219000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Structured Asset Securities Corp.</name>
        <lei>N/A</lei>
        <title>SASC 2002-AL1 A3</title>
        <cusip>86358RXZ5</cusip>
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          <isin value="US86358RXZ53"/>
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        <balance>848701.44000000</balance>
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        <curCd>USD</curCd>
        <valUSD>215438.84000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Structured Asset Securities Corp.</name>
        <lei>N/A</lei>
        <title>SASC 2003-37A B1I</title>
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          <isin value="US86359BCP40"/>
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        <balance>1032.51800000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.56619000</annualizedRt>
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      <invstOrSec>
        <name>Structured Asset Securities Corp.</name>
        <lei>N/A</lei>
        <title>SASC 2003-40A 3A1</title>
        <cusip>86359BEJ6</cusip>
        <identifiers>
          <isin value="US86359BEJ61"/>
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        <balance>144909.19000000</balance>
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        <curCd>USD</curCd>
        <valUSD>129289.99000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.69816300</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Structured Asset Securities Corp.</name>
        <lei>N/A</lei>
        <title>SASC 2003-40A 3A2</title>
        <cusip>86359BEK3</cusip>
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          <isin value="US86359BEK35"/>
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        <balance>25572.21000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25087.76000000</valUSD>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Structured Asset Securities Corp.</name>
        <lei>N/A</lei>
        <title>SASC 2004-4XS A3A</title>
        <cusip>86359BHJ3</cusip>
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          <isin value="US86359BHJ35"/>
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        <balance>15006.28540000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-25</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Structured Asset Securities Corp.</name>
        <lei>N/A</lei>
        <title>SASC 2004-4XS 1A5</title>
        <cusip>86359BHL8</cusip>
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          <isin value="US86359BHL80"/>
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        <balance>92532.78000000</balance>
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        <curCd>USD</curCd>
        <valUSD>89723.76000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.82152300</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Structured Asset Securities Corp.</name>
        <lei>N/A</lei>
        <title>SASC 2004-4XS 1M1</title>
        <cusip>86359BHR5</cusip>
        <identifiers>
          <isin value="US86359BHR50"/>
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        <balance>391934.38070000</balance>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Structured Asset Securities Corp.</name>
        <lei>N/A</lei>
        <title>SARM 2004-2 4A1</title>
        <cusip>86359BLE9</cusip>
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          <isin value="US86359BLE91"/>
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        <curCd>USD</curCd>
        <valUSD>38287.93000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>First Franklin Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>SASC 2005-WF2 M7</title>
        <cusip>86359DDH7</cusip>
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          <isin value="US86359DDH70"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.35218900</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>First Franklin Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>SASC 2005-RF2 A</title>
        <cusip>86359DEX1</cusip>
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          <isin value="US86359DEX12"/>
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        <balance>70642.11000000</balance>
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        <curCd>USD</curCd>
        <valUSD>62729.71000000</valUSD>
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        <assetCat>ABS-O</assetCat>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>First Franklin Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>SASC 2005-RF3 2A</title>
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          <isin value="US86359DME49"/>
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        <curCd>USD</curCd>
        <valUSD>72367.75000000</valUSD>
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        <assetCat>ABS-O</assetCat>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Structured Adjustable Rate Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>SARM 2006-8 3AF</title>
        <cusip>86361JAT7</cusip>
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          <isin value="US86361JAT79"/>
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        <balance>6764.35810000</balance>
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        <curCd>USD</curCd>
        <valUSD>6088.10000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>5.08218800</annualizedRt>
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      <invstOrSec>
        <name>Structured Adjustable Rate Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>SARM 2007-9 2A1</title>
        <cusip>86364JAD9</cusip>
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          <isin value="US86364JAD90"/>
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        <balance>297360.25710000</balance>
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        <curCd>USD</curCd>
        <valUSD>180076.29000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-10-25</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>SUNNOVA HELIOS IX ISSUER LLC</name>
        <lei>N/A</lei>
        <title>SNVA 2022-B A</title>
        <cusip>86744VAA9</cusip>
        <identifiers>
          <isin value="US86744VAA98"/>
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        <balance>443855.52500000</balance>
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        <curCd>USD</curCd>
        <valUSD>420208.86000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-08-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SUNNOVA HELIOS X ISSUER LLC</name>
        <lei>N/A</lei>
        <title>SNVA 2022-C C</title>
        <cusip>86744WAC3</cusip>
        <identifiers>
          <isin value="US86744WAC38"/>
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        <balance>151840.21070000</balance>
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        <curCd>USD</curCd>
        <valUSD>119671.51000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-11-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>SUNRUN DEMETER ISSUER 2021-2 LLC</name>
        <lei>54930007SJ77CI66U531</lei>
        <title>SUNRN 2021-2A A</title>
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        <identifiers>
          <isin value="US86772HAA59"/>
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        <balance>126556.94400000</balance>
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        <curCd>USD</curCd>
        <valUSD>110794.56000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SUNRUN VULCAN ISSUER LLC</name>
        <lei>N/A</lei>
        <title>SUNRN 2021-1A A</title>
        <cusip>86773QAA4</cusip>
        <identifiers>
          <isin value="US86773QAA40"/>
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        <balance>125568.78150000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Suntrust Alt Loan</name>
        <lei>N/A</lei>
        <title>STALT 2005-1F 1A1</title>
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          <isin value="US86789MAA53"/>
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        <balance>49897.39000000</balance>
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        <curCd>USD</curCd>
        <valUSD>38473.04000000</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>2035-12-25</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Sutherland Coml Mtg Tr 2019-Sbc8</name>
        <lei>N/A</lei>
        <title>SCML 2019-SBC8 A</title>
        <cusip>86935CAA0</cusip>
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          <isin value="US86935CAA09"/>
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        <balance>38530.24900000</balance>
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        <curCd>USD</curCd>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>SUTHERLAND COMMERCIAL MORTGAGE TRUST</name>
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          <isin value="US86935JAC18"/>
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        <balance>351444.88000000</balance>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Tmsq 2014</name>
        <lei>N/A</lei>
        <title>TMSQ 2014-1500 A</title>
        <cusip>87264JAA4</cusip>
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          <isin value="US87264JAA43"/>
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        <balance>500000.00000000</balance>
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        <assetCat>ABS-O</assetCat>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TPG TRUST 2024-WLSC</name>
        <lei>N/A</lei>
        <title>TPG 2024-WLSC A</title>
        <cusip>872973AA0</cusip>
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          <isin value="US872973AA03"/>
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        <balance>2000000.00000000</balance>
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        <assetCat>ABS-O</assetCat>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>321 Henderson Receivables I LLC</name>
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        <title>HENDR 2004-A A1</title>
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          <isin value="US88576PAC77"/>
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        <curCd>USD</curCd>
        <valUSD>26525.68000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-09-15</maturityDt>
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      <invstOrSec>
        <name>Tiaa Bank Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>TBMLT 2018-2 B3</title>
        <cusip>886312CD7</cusip>
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          <isin value="US886312CD73"/>
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        <balance>200253.77500000</balance>
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        <curCd>USD</curCd>
        <valUSD>170851.14000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-07-25</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>Times Square Hotel Tr</name>
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        <name>TRESTLES CLO VII LTD</name>
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        <name>US AUTO FUNDING TRUST 2021-1</name>
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        <name>Velocity Commercial Capital Loan Trust 2018-2</name>
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        <name>VIVINT SOLAR FINANCING VII  LLC</name>
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        <name>Wfrbs Coml Mtg Tr</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Wfrbs Coml Mtg Tr</name>
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        <balance>850000.00000000</balance>
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        <assetCat>ABS-O</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Wells Fargo Commercial Mortgage Trust</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>Wamu Mortgage Pass-Through CTFS TR</name>
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        <name>Wamu Mortgage Pass-Through CTFS TR</name>
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        <name>Wamu Mortgage Pass-Through CTFS TR</name>
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        <name>Wamu Mortgage Pass-Through CTFS TR</name>
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        <name>Wamu Mortgage Pass-Through CTFS TR</name>
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        <name>Wamu Mortgage Pass-Through CTFS TR</name>
        <lei>N/A</lei>
        <title>WAMU 2003-AR9 1A7</title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Wamu Mortgage Pass-Through CTFS TR</name>
        <lei>N/A</lei>
        <title>WAMU 2004-CB3 2A</title>
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        <balance>110874.28000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Wamu Mortgage Pass-Through CTFS TR</name>
        <lei>N/A</lei>
        <title>WAMU 2006-AR2 1A1</title>
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        <curCd>USD</curCd>
        <valUSD>39279.53000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WF-RBS Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>WFRBS 2011-C4 D</title>
        <cusip>92936CAW9</cusip>
        <identifiers>
          <isin value="US92936CAW91"/>
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        <balance>195235.72740000</balance>
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        <curCd>USD</curCd>
        <valUSD>180493.48000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-06-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.14868800</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WF-RBS Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>WFRBS 2013-C15 B</title>
        <cusip>92938CAH0</cusip>
        <identifiers>
          <isin value="US92938CAH07"/>
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        <balance>1688334.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1480145.53000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-08-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.32613100</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WF-RBS Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>WFRBS 2013-C15 C</title>
        <cusip>92938CAJ6</cusip>
        <identifiers>
          <isin value="US92938CAJ62"/>
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        <balance>350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>246639.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-08-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.32613100</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wachovia Bank Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>WBCMT 2004-C12 IO</title>
        <cusip>929766SJ3</cusip>
        <identifiers>
          <isin value="US929766SJ37"/>
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        <balance>422111.36950000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1014.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.08900400</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>Wachovia Mortgage Loan Trust LLC</name>
        <lei>N/A</lei>
        <title>WMLT 2006-A 4A1</title>
        <cusip>92977TAG7</cusip>
        <identifiers>
          <isin value="US92977TAG76"/>
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        <balance>13672.50000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>13414.19000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.01574500</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Wamu Mortgage Pass-Through CTFS TR</name>
        <lei>N/A</lei>
        <title>WAMU 2006-AR8 1A1</title>
        <cusip>93362FAA1</cusip>
        <identifiers>
          <isin value="US93362FAA12"/>
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        <balance>111978.12490000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>105573.32000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.88953800</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Washington Mutual Mortgage Securities Corp.</name>
        <lei>N/A</lei>
        <title>WAMMS 2005-RA1 3B4</title>
        <cusip>9393364V2</cusip>
        <identifiers>
          <isin value="US9393364V27"/>
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        <balance>4786.48030000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3950.87000000</valUSD>
        <pctVal>0.001156396463</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.31315600</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>Washington Mutual Mortgage Securities Corp.</name>
        <lei>N/A</lei>
        <title>WAMU 2002-AR14 B1</title>
        <cusip>939336DA8</cusip>
        <identifiers>
          <isin value="US939336DA82"/>
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        <balance>39689.97660000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>36017.93000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.70168600</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>Washington Mutual Mortgage Securities Corp.</name>
        <lei>N/A</lei>
        <title>WAMMS 2003-AR3 B1</title>
        <cusip>939336H30</cusip>
        <identifiers>
          <isin value="US939336H303"/>
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        <balance>159843.01250000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>135606.66000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.02183400</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Washington Mutual Mortgage Securities Corp.</name>
        <lei>N/A</lei>
        <title>WAMMS 2003-MS9 2A</title>
        <cusip>939336N66</cusip>
        <identifiers>
          <isin value="US939336N665"/>
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        <balance>42374.31240000</balance>
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        <curCd>USD</curCd>
        <valUSD>43153.69000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-04-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Washington Mutual Mortgage Securities Corp.</name>
        <lei>N/A</lei>
        <title>WAMMS 2004-RA3 CB1</title>
        <cusip>939336T37</cusip>
        <identifiers>
          <isin value="US939336T373"/>
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        <balance>106821.01000000</balance>
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        <curCd>USD</curCd>
        <valUSD>92486.70000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.63301700</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Washington Mutual Mortgage Securities Corp.</name>
        <lei>N/A</lei>
        <title>WAMMS 2003-MS7 A12</title>
        <cusip>939336TS2</cusip>
        <identifiers>
          <isin value="US939336TS27"/>
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        <balance>158281.20500000</balance>
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        <curCd>USD</curCd>
        <valUSD>155971.11000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-03-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Waterfall Commercial Mortgage Trust 2015-Sbc5</name>
        <lei>N/A</lei>
        <title>WCMT 2015-SBC5 A</title>
        <cusip>94132LAA5</cusip>
        <identifiers>
          <isin value="US94132LAA52"/>
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        <balance>56068.13940000</balance>
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        <curCd>USD</curCd>
        <valUSD>54880.99000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-14</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.10370100</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Wells Fargo Alternative Loan 2005-1 Trust</name>
        <lei>N/A</lei>
        <title>WFALT 2005-1 2A3</title>
        <cusip>94981FAG7</cusip>
        <identifiers>
          <isin value="US94981FAG72"/>
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        <balance>866155.09920000</balance>
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        <curCd>USD</curCd>
        <valUSD>799411.53000000</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>2035-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Wells Fargo Mortgage Backed Securities 2006 Ar2 Trust</name>
        <lei>N/A</lei>
        <title>WFMBS 2006-AR14 2A1</title>
        <cusip>94984MAM6</cusip>
        <identifiers>
          <isin value="US94984MAM64"/>
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        <balance>48603.02000000</balance>
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        <curCd>USD</curCd>
        <valUSD>43751.77000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.39644100</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Wells Fargo Mortgage Backed Securities 2006 Ar2 Trust</name>
        <lei>N/A</lei>
        <title>WFMBS 2007-7 A6</title>
        <cusip>94985JAF7</cusip>
        <identifiers>
          <isin value="US94985JAF75"/>
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        <balance>63418.50020000</balance>
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        <curCd>USD</curCd>
        <valUSD>55377.39000000</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>2037-06-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Wells Fargo Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>WFCM 2013-LC12 B</title>
        <cusip>94988QAQ4</cusip>
        <identifiers>
          <isin value="US94988QAQ47"/>
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        <balance>340079.08560000</balance>
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        <curCd>USD</curCd>
        <valUSD>314887.39000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WELLS FARGO MORTGAGE BACKED SECURITIES TRUST</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Wells Fargo Commercial Mortgage Trust</name>
        <lei>N/A</lei>
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          <isin value="US95000DBK63"/>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>Worldwide Plaza Tst</name>
        <lei>N/A</lei>
        <title>WPT 2017-WWP A</title>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.52630000</annualizedRt>
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      <invstOrSec>
        <name>ZAIS CLO 13 LTD</name>
        <lei>549300GODB02F7ODZK39</lei>
        <title>ZAIS 2019-13A D1</title>
        <cusip>98876NAL8</cusip>
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          <isin value="US98876NAL82"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>GC FTPYME Pastor 4 FTA</name>
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        <title>PAST 4 E</title>
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          <isin value="ES0332233065"/>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <name>Mid Ocean Cbo 2000-1 Ltd. / Mid Ocean Cbo 2000-1 Delaware Corp.</name>
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          <isin value="USG6106WAB84"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>Business Loan 07-A</name>
        <lei>N/A</lei>
        <title>BLX 2007-AX C</title>
        <cusip>U1220MAC4</cusip>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <name>Belvedere SPV S.r.l.</name>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name> CDX.NA.HY SERIES 43</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Chicago Board of Trade</name>
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        <name>BBH</name>
        <lei>N/A</lei>
        <title>BBH SWEEP VEHICLE</title>
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        <curCd>USD</curCd>
        <valUSD>18833461.19000000</valUSD>
        <pctVal>5.512443567444</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerConditional desc="CASH" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>MS CDS USD SR 5Y D14</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="MSCDS3335"/>
        </identifiers>
        <balance>20000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>-88514.42000000</valUSD>
        <pctVal>-0.02590765129</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>N/A</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS INTERNATIONAL</counterpartyName>
              <counterpartyLei>W22LROWP2IHZNBB6K528</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Morgan Stanley</issuerName>
                <issueTitle>Morgan Stanley</issueTitle>
                <identifiers>
                  <isin value="US616906AF01"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">N/A</otherRecDesc>
            <fixedPmntDesc amount="-39444.44000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="1.00000000"/>
            <terminationDt>2025-06-20</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>-43302.41000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>20000000.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-45212.01000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Argentina (Republic Of)</name>
        <lei>549300KPBYGYF7HCHO27</lei>
        <title>ARGBON 0 3/4 07/09/30</title>
        <cusip>P8S090UG9</cusip>
        <identifiers>
          <isin value="ARARGE3209S6"/>
        </identifiers>
        <balance>192000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>132015.51000000</valUSD>
        <pctVal>0.038640165053</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-09</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.74999900</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>Chicago Board of Trade</name>
        <lei>549300EX04Q2QBFQTQ27</lei>
        <title>US 10YR NOTE (CBT)Mar25</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="TYH5 COMDTY"/>
        </identifiers>
        <balance>120.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>146434.72000000</valUSD>
        <pctVal>0.042860583201</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>R.J. O'BRIEN &amp; ASSOCIATES LLC</counterpartyName>
              <counterpartyLei>WOPZ3KWZW5JSJMG3U094</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>CBOT 10 Year US Treasury Note</issueTitle>
                <identifiers>
                  <isin value="N/A"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2025-03-21</expDate>
            <notionalAmt>13196065.28000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>146434.72000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Returns are reported without deducting sales loads and redemption fees, if any." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2024-12-27</ncom:dateSigned>
      <ncom:nameOfApplicant>James Alpha Funds Trust</ncom:nameOfApplicant>
      <ncom:signature>Erik Naviloff</ncom:signature>
      <ncom:signerName>Erik Naviloff</ncom:signerName>
      <ncom:title>Asst Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
