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                    <isCashCollateral>N</isCashCollateral>
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            <invstOrSec>
                <name>INTESA SANPAOLO SPA</name>
                <lei>2W8N8UU78PMDQKZENC08</lei>
                <title>CORP. NOTE</title>
                <cusip>46115HAP2</cusip>
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                    <isin value="US46115HAP29"/>
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                <balance>1375000</balance>
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                <curCd>USD</curCd>
                <valUSD>1369118.4</valUSD>
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                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>IT</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
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                    <maturityDt>2024-01-12</maturityDt>
                    <couponKind>Fixed</couponKind>
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                    <isCashCollateral>N</isCashCollateral>
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            <invstOrSec>
                <name>BANK OF NOVA SCOTIA/THE</name>
                <lei>L3I9ZG2KFGXZ61BMYR72</lei>
                <title>CORP. NOTE</title>
                <cusip>064159VK9</cusip>
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                    <isin value="US064159VK97"/>
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                <balance>500000</balance>
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                <curCd>USD</curCd>
                <valUSD>500000</valUSD>
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                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CA</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
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                    <maturityDt>2023-05-01</maturityDt>
                    <couponKind>Fixed</couponKind>
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                    <isCashCollateral>N</isCashCollateral>
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            <invstOrSec>
                <name>WALMART INC</name>
                <lei>Y87794H0US1R65VBXU25</lei>
                <title>CORP. NOTE</title>
                <cusip>931142FA6</cusip>
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                    <isin value="US931142FA65"/>
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                <balance>110000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>110030.83</valUSD>
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                <invCountry>US</invCountry>
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                <fairValLevel>2</fairValLevel>
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                    <maturityDt>2026-04-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4</annualizedRt>
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            <invstOrSec>
                <name>KENVUE INC</name>
                <lei>5493008HSF8L4M2LIJ82</lei>
                <title>CORP. NOTE</title>
                <cusip>49177JAA0</cusip>
                <identifiers>
                    <isin value="US49177JAA07"/>
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                <balance>400000</balance>
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                <curCd>USD</curCd>
                <valUSD>406755.76</valUSD>
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                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
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                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-03-22</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.5</annualizedRt>
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                    <isCashCollateral>N</isCashCollateral>
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            <invstOrSec>
                <name>SUMITOMO MITSUI FINANCIAL GROUP INC</name>
                <lei>35380028MYWPB6AUO129</lei>
                <title>CORP. NOTE</title>
                <cusip>86562MAA8</cusip>
                <identifiers>
                    <isin value="US86562MAA80"/>
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                <balance>1500000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>1479874.86</valUSD>
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                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>JP</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-04-02</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4.436</annualizedRt>
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                    <isCashCollateral>N</isCashCollateral>
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            </invstOrSec>
            <invstOrSec>
                <name>WASTE MANAGEMENT INC</name>
                <lei>549300YX8JIID70NFS41</lei>
                <title>CORP. NOTE</title>
                <cusip>94106LBD0</cusip>
                <identifiers>
                    <isin value="US94106LBD01"/>
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                <balance>1946000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>1944010.8</valUSD>
                <pctVal>1.548561635660</pctVal>
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                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-05-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>2.4</annualizedRt>
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                    <isCashCollateral>N</isCashCollateral>
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                    <isLoanByFund>N</isLoanByFund>
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            <invstOrSec>
                <name>CREDIT AGRICOLE SA/LONDON</name>
                <lei>969500TJ5KRTCJQWXH05</lei>
                <title>CORP. NOTE</title>
                <cusip>22535WAD9</cusip>
                <identifiers>
                    <isin value="US22535WAD92"/>
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                <balance>1540000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>1493056.72</valUSD>
                <pctVal>1.189340283736</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>GB</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-10-04</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>3.25</annualizedRt>
                    <isDefault>N</isDefault>
                    <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
                    <isPaidKind>N</isPaidKind>
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                    <isCashCollateral>N</isCashCollateral>
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                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
            <invstOrSec>
                <name>BOSTON PROPERTIES LP</name>
                <lei>BVHHEFJI6SHNOKQT2572</lei>
                <title>CORP. NOTE</title>
                <cusip>10112RAZ7</cusip>
                <identifiers>
                    <isin value="US10112RAZ73"/>
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                <balance>1000000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>954099.1</valUSD>
                <pctVal>0.760017003444</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-01-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>3.2</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>LLOYDS BANKING GROUP PLC</name>
                <lei>549300PPXHEU2JF0AM85</lei>
                <title>CORP. NOTE</title>
                <cusip>53944YAF0</cusip>
                <identifiers>
                    <isin value="US53944YAF07"/>
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                <balance>560000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>549992.99</valUSD>
                <pctVal>0.438113843913</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>GB</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-05-08</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4.45</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>DEUTSCHE BANK AG/NEW YORK NY</name>
                <lei>7LTWFZYICNSX8D621K86</lei>
                <title>CORP. NOTE</title>
                <cusip>251526BY4</cusip>
                <identifiers>
                    <isin value="US251526BY45"/>
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                <balance>705000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>683728.24</valUSD>
                <pctVal>0.544644773415</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>

                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-05-30</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>3.7</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>AIR LEASE CORP</name>
                <lei>5493004NW4M4P8TMMK63</lei>
                <title>CORP. NOTE</title>
                <cusip>00912XBC7</cusip>
                <identifiers>
                    <isin value="US00912XBC74"/>
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                <balance>1747000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>1741502.24</valUSD>
                <pctVal>1.387247209368</pctVal>
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                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-07-03</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>3.875</annualizedRt>
                    <isDefault>N</isDefault>
                    <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
                    <isPaidKind>N</isPaidKind>
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                    <isCashCollateral>N</isCashCollateral>
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                    <isLoanByFund>N</isLoanByFund>
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            <invstOrSec>
                <name>BANQUE FEDERATIVE DU CREDIT MUTUEL SA</name>
                <lei>VBHFXSYT7OG62HNT8T76</lei>
                <title>CORP. NOTE</title>
                <cusip>06675FAR8</cusip>
                <identifiers>
                    <isin value="US06675FAR82"/>
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                <balance>850000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>846400.74</valUSD>
                <pctVal>0.674226560037</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FR</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-07-20</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>3.75</annualizedRt>
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                    <isCashCollateral>N</isCashCollateral>
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                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
            <invstOrSec>
                <name>LLOYDS BANKING GROUP PLC</name>
                <lei>549300PPXHEU2JF0AM85</lei>
                <title>CORP. NOTE</title>
                <cusip>539439AS8</cusip>
                <identifiers>
                    <isin value="US539439AS89"/>
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                <balance>608000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>604782.34</valUSD>
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                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>GB</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-08-16</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4.05</annualizedRt>
                    <isDefault>N</isDefault>
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                    <isLoanByFund>N</isLoanByFund>
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            <invstOrSec>
                <name>NORDEA BANK ABP</name>
                <lei>529900ODI3047E2LIV03</lei>
                <title>CORP. NOTE</title>
                <cusip>65557CAY9</cusip>
                <identifiers>
                    <isin value="US65557CAY93"/>
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                <balance>200000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>198763.15</valUSD>
                <pctVal>0.158330904681</pctVal>
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                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FI</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
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                    <maturityDt>2023-08-30</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>3.75</annualizedRt>
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                    <isLoanByFund>N</isLoanByFund>
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            <invstOrSec>
                <name>RABOBANK NEDERLAND</name>
                <lei>DG3RU1DBUFHT4ZF9WN62</lei>
                <title>CORP. NOTE</title>
                <cusip>74977RDE1</cusip>
                <identifiers>
                    <isin value="US74977RDE18"/>
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                <balance>250000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>248192.5</valUSD>
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                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>NL</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
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                    <maturityDt>2023-09-26</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>3.875</annualizedRt>
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                    <isLoanByFund>N</isLoanByFund>
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            <invstOrSec>
                <name>ING GROEP NV</name>
                <lei>549300NYKK9MWM7GGW15</lei>
                <title>CORP. NOTE</title>
                <cusip>456837AK9</cusip>
                <identifiers>
                    <isin value="US456837AK90"/>
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                <balance>200000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>198768.96</valUSD>
                <pctVal>0.158335532815</pctVal>
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                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>NL</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-10-02</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4.1</annualizedRt>
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                    <isLoanByFund>N</isLoanByFund>
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            <invstOrSec>
                <name>UNICREDIT SPA</name>
                <lei>549300TRUWO2CD2G5692</lei>
                <title>CORP. NOTE</title>
                <cusip>904678AG4</cusip>
                <identifiers>
                    <isin value="US904678AG48"/>
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                <balance>350000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>351948.1</valUSD>
                <pctVal>0.280355091342</pctVal>
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                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>IT</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-12-04</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>7.83</annualizedRt>
                    <isDefault>N</isDefault>
                    <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
            <invstOrSec>
                <name>AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST</name>
                <lei>N/A</lei>
                <title>CORP. NOTE</title>
                <cusip>00774MAK1</cusip>
                <identifiers>
                    <isin value="US00774MAK18"/>
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                <balance>1180000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>1170333.12</valUSD>
                <pctVal>0.932264867343</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
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                <fairValLevel>2</fairValLevel>
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            <invstOrSec>
                <name>SANTANDER HOLDINGS USA INC</name>
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                <fairValLevel>2</fairValLevel>
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            <invstOrSec>
                <name>MACQUARIE BANK LTD</name>
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                <fairValLevel>2</fairValLevel>
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            <invstOrSec>
                <name>CANADIAN IMPERIAL BANK OF COMMERCE</name>
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                <fairValLevel>2</fairValLevel>
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            <invstOrSec>
                <name>VOLKSWAGEN GROUP OF AMERICA FINANCE LLC</name>
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                <title>CORP. NOTE</title>
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                <fairValLevel>2</fairValLevel>
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                    <maturityDt>2025-05-13</maturityDt>
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            <invstOrSec>
                <name>SVENSKA HANDELSBANKEN AB</name>
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                <title>CORP. NOTE</title>
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                <fairValLevel>2</fairValLevel>
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                    <maturityDt>2023-06-30</maturityDt>
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            <invstOrSec>
                <name>PROTECTIVE LIFE GLOBAL FUNDING</name>
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                <title>CORP. NOTE</title>
                <cusip>74368CAZ7</cusip>
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                <fairValLevel>2</fairValLevel>
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                    <maturityDt>2023-10-13</maturityDt>
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            <invstOrSec>
                <name>AMERICAN TOWER CORP</name>
                <lei>5493006ORUSIL88JOE18</lei>
                <title>CORP. NOTE</title>
                <cusip>03027XBH2</cusip>
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                <fairValLevel>2</fairValLevel>
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                    <maturityDt>2024-01-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>.6</annualizedRt>
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            <invstOrSec>
                <name>VOLKSWAGEN GROUP OF AMERICA FINANCE LLC</name>
                <lei>5493002SQ1AVQBY41K40</lei>
                <title>CORP. NOTE</title>
                <cusip>928668BJ0</cusip>
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                    <isin value="US928668BJ03"/>
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                <fairValLevel>2</fairValLevel>
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                    <maturityDt>2023-11-22</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>.875</annualizedRt>
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            <invstOrSec>
                <name>KEURIG DR PEPPER INC</name>
                <lei>DYTQ8KRTKO7Y2BVU5K74</lei>
                <title>CORP. NOTE</title>
                <cusip>49271VAL4</cusip>
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                <curCd>USD</curCd>
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                <invCountry>US</invCountry>
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                <fairValLevel>2</fairValLevel>
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                    <maturityDt>2024-03-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>.75</annualizedRt>
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                <name>MERCEDES-BENZ FINANCE NORTH AMERICA LLC</name>
                <lei>549300423Z16BB673J12</lei>
                <title>CORP. NOTE</title>
                <cusip>233851EB6</cusip>
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                <fairValLevel>2</fairValLevel>
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                    <maturityDt>2024-03-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>.75</annualizedRt>
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                <name>ENBRIDGE INC</name>
                <lei>98TPTUM4IVMFCZBCUR27</lei>
                <title>CORP. NOTE</title>
                <cusip>29250NBG9</cusip>
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                <invCountry>CA</invCountry>
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                <fairValLevel>2</fairValLevel>
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                <name>DEUTSCHE BANK AG/NEW YORK NY</name>
                <lei>7LTWFZYICNSX8D621K86</lei>
                <title>CORP. NOTE</title>
                <cusip>251526CM9</cusip>
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                <name>AMERICAN ELECTRIC POWER CO INC</name>
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                <title>CORP. NOTE</title>
                <cusip>025537AK7</cusip>
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                <name>ATHENE GLOBAL FUNDING</name>
                <lei>549300LM1QSI4MSIL320</lei>
                <title>CORP. NOTE</title>
                <cusip>04685A3F6</cusip>
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                    <isin value="US04685A3F62"/>
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            <invstOrSec>
                <name>MACQUARIE GROUP LTD</name>
                <lei>ACMHD8HWFMFUIQQ8Y590</lei>
                <title>CORP. NOTE</title>
                <cusip>55608JBL1</cusip>
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                    <isin value="US55608JBL17"/>
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                <balance>100000</balance>
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                <invCountry>AU</invCountry>
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            <invstOrSec>
                <name>COMMONWEALTH BANK OF AUSTRALIA/NEW YORK NY</name>
                <lei>MSFSBD3QN1GSN7Q6C537</lei>
                <title>CORP. NOTE</title>
                <cusip>20271RAQ3</cusip>
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                    <isin value="US20271RAQ39"/>
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                <balance>545000</balance>
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                <invCountry>US</invCountry>
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                    <maturityDt>2025-01-10</maturityDt>
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            <invstOrSec>
                <name>REALTY INCOME CORP</name>
                <lei>549300CUWDAUZSH43859</lei>
                <title>CORP. NOTE</title>
                <cusip>756109BQ6</cusip>
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                    <isin value="US756109BQ63"/>
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                <balance>100000</balance>
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                <curCd>USD</curCd>
                <valUSD>100016.37</valUSD>
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                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
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                <fairValLevel>2</fairValLevel>
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                    <maturityDt>2026-01-13</maturityDt>
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            <invstOrSec>
                <name>KEYBANK NA/CLEVELAND OH</name>
                <lei>HUX2X73FUCYHUVH1BK78</lei>
                <title>CORP. NOTE</title>
                <cusip>49327M3G7</cusip>
                <identifiers>
                    <isin value="US49327M3G70"/>
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                <balance>255000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>246186.8</valUSD>
                <pctVal>0.196107672697</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-01-26</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4.7</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>AMERICAN EXPRESS CO</name>
                <lei>R4PP93JZOLY261QX3811</lei>
                <title>CORP. NOTE</title>
                <cusip>025816DC0</cusip>
                <identifiers>
                    <isin value="US025816DC04"/>
                </identifiers>
                <balance>81000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>81564.98</valUSD>
                <pctVal>0.064973095233</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-02-13</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4.9</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>AMGEN INC</name>
                <lei>62QBXGPJ34PQ72Z12S66</lei>
                <title>CORP. NOTE</title>
                <cusip>031162DM9</cusip>
                <identifiers>
                    <isin value="US031162DM91"/>
                </identifiers>
                <balance>33000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>33312.38</valUSD>
                <pctVal>0.026536001580</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-03-02</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.25</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>ENBRIDGE INC</name>
                <lei>98TPTUM4IVMFCZBCUR27</lei>
                <title>CORP. NOTE</title>
                <cusip>29250NBQ7</cusip>
                <identifiers>
                    <isin value="US29250NBQ79"/>
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                <balance>200000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>200500.8</valUSD>
                <pctVal>0.159715083270</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CA</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-03-08</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.969</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>BOSTON PROPERTIES LP</name>
                <lei>BVHHEFJI6SHNOKQT2572</lei>
                <title>CORPORATE BONDS</title>
                <cusip>10112RAW4</cusip>
                <identifiers>
                    <isin value="US10112RAW43"/>
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                <balance>100000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>97811.21</valUSD>
                <pctVal>0.077914529767</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-02-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>3.8</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>RABOBANK NEDERLAND</name>
                <lei>DG3RU1DBUFHT4ZF9WN62</lei>
                <title>CORPORATE BONDS</title>
                <cusip>21684AAA4</cusip>
                <identifiers>
                    <isin value="US21684AAA43"/>
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                <balance>1000000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>992258.77</valUSD>
                <pctVal>0.790414263064</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>NL</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-12-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4.625</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>NETFLIX INC</name>
                <lei>549300Y7VHGU0I7CE873</lei>
                <title>CORPORATE BONDS</title>
                <cusip>64110LAG1</cusip>
                <identifiers>
                    <isin value="US64110LAG14"/>
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                <balance>96000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>96355.2</valUSD>
                <pctVal>0.076754700188</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-03-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.75</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>BANCO SANTANDER SA</name>
                <lei>5493006QMFDDMYWIAM13</lei>
                <title>DISC. CP</title>
                <cusip>05970UYA0</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2652068"/>
                </identifiers>
                <balance>600000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>582392.66</valUSD>
                <pctVal>0.463922798251</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>ES</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-11-10</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>NATWEST MARKETS PLC</name>
                <lei>RR3QWICWWIPCS8A4S074</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2652381"/>
                </identifiers>
                <balance>1500000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>1435245.63</valUSD>
                <pctVal>1.143289080682</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>GB</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-02-09</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>INTESA SANPAOLO FUNDING LLC</name>
                <lei>N/A</lei>
                <title>DISC. CP</title>
                <cusip>4611K1Y74</cusip>
                <identifiers>
                    <isin value="US4611K1Y743"/>
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                <balance>250000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>242490.42</valUSD>
                <pctVal>0.193163207441</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>

                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-11-07</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>GENERAL MOTORS FINANCIAL CO INC</name>
                <lei>5493008B6JBRUJ90QL97</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2652384"/>
                </identifiers>
                <balance>250000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>248423.78</valUSD>
                <pctVal>0.197889607966</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-06-08</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>GENERAL MOTORS FINANCIAL CO INC</name>
                <lei>5493008B6JBRUJ90QL97</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2652385"/>
                </identifiers>
                <balance>750000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>743856.42</valUSD>
                <pctVal>0.592541725824</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-06-20</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>AT AND T INC</name>
                <lei>549300Z40J86GGSTL398</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2653286"/>
                </identifiers>
                <balance>400000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>389096</valUSD>
                <pctVal>0.309946394428</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-10-19</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>HUMANA INC</name>
                <lei>529900YLDW34GJAO4J06</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2659637"/>
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                <balance>540000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>539762.27</valUSD>
                <pctVal>0.429964249015</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-05-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>EIDP INC</name>
                <lei>GLU7INWNWH88J9XBXD45</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2659648"/>
                </identifiers>
                <balance>250000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>248766.32</valUSD>
                <pctVal>0.198162468746</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-06-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</annualizedRt>
                    <isDefault>N</isDefault>
                    <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
                    <isPaidKind>N</isPaidKind>
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                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
            <invstOrSec>
                <name>CROWN CASTLE INC</name>
                <lei>54930012H97VSM0I2R19</lei>
                <title>DISC. CP</title>
                <cusip>22823QS44</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2660411"/>
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                <balance>600000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>599469.8</valUSD>
                <pctVal>0.477526119720</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-05-04</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>BELL TELEPHONE CO OF CANADA OR BELL CANADA/THE</name>
                <lei>549300JYAVAQRV5MNZ86</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2660646"/>
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                <balance>1250000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>1248770.14</valUSD>
                <pctVal>0.994746289765</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CA</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-05-05</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>KEURIG DR PEPPER INC</name>
                <lei>DYTQ8KRTKO7Y2BVU5K74</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2660684"/>
                </identifiers>
                <balance>800000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>798472.75</valUSD>
                <pctVal>0.636048044471</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-05-12</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>EIDP INC</name>
                <lei>GLU7INWNWH88J9XBXD45</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2660687"/>
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                <balance>675000</balance>
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                <curCd>USD</curCd>
                <valUSD>669918.96</valUSD>
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                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-06-20</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>CROWN CASTLE INC</name>
                <lei>54930012H97VSM0I2R19</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2661389"/>
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                <balance>650000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>648938.43</valUSD>
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                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-05-09</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</annualizedRt>
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                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
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                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
            <invstOrSec>
                <name>PROTECTIVE LIFE CORP</name>
                <lei>549300ZWIT8J8Y2EXL07</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2661966"/>
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                <balance>750000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>748717</valUSD>
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                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-05-10</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</annualizedRt>
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                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
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                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
            <invstOrSec>
                <name>CONSTELLATION BRANDS INC</name>
                <lei>5493005GKEG8QCVY7037</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2662068"/>
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                <balance>1300000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>1299426.92</valUSD>
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                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-05-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>
                <name>ENBRIDGE US INC</name>
                <lei>5493003FRODSVHJWFS32</lei>
                <title>DISC. CP</title>
                <cusip>29251VS15</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2662070"/>
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                <balance>950000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>949586.75</valUSD>
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                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-05-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</annualizedRt>
                    <isDefault>N</isDefault>
                    <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
                    <isPaidKind>N</isPaidKind>
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                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
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            <invstOrSec>
                <name>AMERICAN HONDA FINANCE CORP</name>
                <lei>B6Q2VFHD1797Q7NZ3E43</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2662072"/>
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                <balance>400000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>398646.13</valUSD>
                <pctVal>0.317553844414</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-05-22</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</annualizedRt>
                    <isDefault>N</isDefault>
                    <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
                    <isPaidKind>N</isPaidKind>
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                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
            <invstOrSec>
                <name>ORACLE CORP</name>
                <lei>1Z4GXXU7ZHVWFCD8TV52</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2662075"/>
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                <balance>600000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>598899.98</valUSD>
                <pctVal>0.477072212061</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-05-11</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>MONDELEZ INTERNATIONAL INC</name>
                <lei>549300DV9GIB88LZ5P30</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2662076"/>
                </identifiers>
                <balance>625000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>624037.88</valUSD>
                <pctVal>0.497096580002</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-05-09</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>BERKSHIRE HATHAWAY ENERGY CO</name>
                <lei>549300JD0S5IZJE9LY15</lei>
                <title>DISC. CP</title>
                <cusip>08465SS34</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2662080"/>
                </identifiers>
                <balance>650000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>649546.18</valUSD>
                <pctVal>0.517416001463</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-05-03</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>BAKER HUGHES HOLDINGS LLC</name>
                <lei>549300XU3XH6F05YEQ93</lei>
                <title>DISC. CP</title>
                <cusip>05722HSF6</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2662091"/>
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                <balance>625000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>623493.61</valUSD>
                <pctVal>0.496663024982</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-05-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>HUMANA INC</name>
                <lei>529900YLDW34GJAO4J06</lei>
                <title>DISC. CP</title>
                <cusip>44486JSF7</cusip>
                <identifiers>
                    <isin value="US44486JSF74"/>
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                <balance>700000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>698233.51</valUSD>
                <pctVal>0.556199392678</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-05-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>ARROW ELECTRONICS INC</name>
                <lei>549300YNNLBXT8N8R512</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2662407"/>
                </identifiers>
                <balance>1250000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>1248887.5</valUSD>
                <pctVal>0.994839776485</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-05-04</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>PENSKE TRUCK LEASING CO</name>
                <lei>549300ZX07JYMI8GHQ39</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2662408"/>
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                <balance>1250000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>1248757.99</valUSD>
                <pctVal>0.994736611308</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-05-05</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</annualizedRt>
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                    <isPaidKind>N</isPaidKind>
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                    <isCashCollateral>N</isCashCollateral>
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                    <isLoanByFund>N</isLoanByFund>
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            <invstOrSec>
                <name>HUMANA INC</name>
                <lei>529900YLDW34GJAO4J06</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2662567"/>
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                <balance>650000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>647671.26</valUSD>
                <pctVal>0.515922476231</pctVal>
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                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-05-22</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</annualizedRt>
                    <isDefault>N</isDefault>
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                    <isPaidKind>N</isPaidKind>
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                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
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                    <isLoanByFund>N</isLoanByFund>
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            </invstOrSec>
            <invstOrSec>
                <name>MONDELEZ INTERNATIONAL INC</name>
                <lei>549300DV9GIB88LZ5P30</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2662577"/>
                </identifiers>
                <balance>750000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>749476.36</valUSD>
                <pctVal>0.597018462002</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-05-03</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</annualizedRt>
                    <isDefault>N</isDefault>
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                    <isCashCollateral>N</isCashCollateral>
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                    <isLoanByFund>N</isLoanByFund>
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            <invstOrSec>
                <name>MARRIOTT INTERNATIONAL INC/MD</name>
                <lei>225YDZ14ZO8E1TXUSU86</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2662578"/>
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                <balance>750000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>748905.62</valUSD>
                <pctVal>0.596563821488</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-05-08</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>DOLLAR GENERAL CORP</name>
                <lei>OPX52SQVOZI8IVSWYU66</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2662907"/>
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                <balance>1250000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>1248064.3</valUSD>
                <pctVal>0.994184031188</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-05-09</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>CABOT CORP</name>
                <lei>K05C0SER542GQ6VLRO68</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2662909"/>
                </identifiers>
                <balance>1250000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>1247906.66</valUSD>
                <pctVal>0.994058458194</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-05-10</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>ALEXANDRIA REAL ESTATE EQUITIES INC</name>
                <lei>MGCJBT4MKTQBVLNUIS88</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2663095"/>
                </identifiers>
                <balance>1000000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>999170.17</valUSD>
                <pctVal>0.795919751453</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-05-04</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>HALEON UK CAPITAL PLC</name>
                <lei>5493004B26DRJNN0OV17</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2663816"/>
                </identifiers>
                <balance>825000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>820785.08</valUSD>
                <pctVal>0.653821617663</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>GB</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-06-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>VW CREDIT INC</name>
                <lei>549300UUPJ2NXDB68M19</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2663903"/>
                </identifiers>
                <balance>800000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>796867.4</valUSD>
                <pctVal>0.634769253519</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-05-25</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>AMCOR FINANCE USA INC</name>
                <lei>549300ZMT7FVT8R77U18</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2663915"/>
                </identifiers>
                <balance>600000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>597560.55</valUSD>
                <pctVal>0.476005247869</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-05-25</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>HALEON UK CAPITAL PLC</name>
                <lei>5493004B26DRJNN0OV17</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2663916"/>
                </identifiers>
                <balance>425000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>423348.45</valUSD>
                <pctVal>0.337231237700</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>GB</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-05-24</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>WPP CP LLC</name>
                <lei>549300QW2DOKKBOQBP57</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2663917"/>
                </identifiers>
                <balance>1000000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>995181.08</valUSD>
                <pctVal>0.792742119037</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-05-31</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>HYUNDAI CAPITAL AMERICA</name>
                <lei>549300RIPPWJB5Z0FK07</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2663921"/>
                </identifiers>
                <balance>725000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>722050.29</valUSD>
                <pctVal>0.575171381821</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>

                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-05-26</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>TARGA RESOURCES CORP</name>
                <lei>5493003QENHHS261UR94</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2664126"/>
                </identifiers>
                <balance>1250000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>1249347.23</valUSD>
                <pctVal>0.995205988566</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-05-02</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>NATIONAL GRID PLC</name>
                <lei>8R95QZMKZLJX5Q2XR704</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2664177"/>
                </identifiers>
                <balance>600000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>597832.5</valUSD>
                <pctVal>0.476221878012</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>GB</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-05-23</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>INTERNATIONAL FLAVORS  AND  FRAGRANCES INC</name>
                <lei>BZLRL03D3GPGMOGFO832</lei>
                <title>DISC. CP</title>
                <cusip>4595A3T15</cusip>
                <identifiers>
                    <isin value="US4595A3T154"/>
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                <balance>600000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>597019.9</valUSD>
                <pctVal>0.475574576471</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-06-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>WALT DISNEY CO/THE</name>
                <lei>549300GZKULIZ0WOW665</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2664253"/>
                </identifiers>
                <balance>275000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>269682.31</valUSD>
                <pctVal>0.214823744334</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-09-06</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>OVINTIV INC</name>
                <lei>2549003MEX7YMKLGI239</lei>
                <title>DISC. CP</title>
                <cusip>69047KT13</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2664422"/>
                </identifiers>
                <balance>600000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>596849.9</valUSD>
                <pctVal>0.475439157739</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-06-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>OVINTIV INC</name>
                <lei>2549003MEX7YMKLGI239</lei>
                <title>DISC. CP</title>
                <cusip>69047KS97</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2664423"/>
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                <balance>650000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>648933.86</valUSD>
                <pctVal>0.516928239121</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-05-09</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>AVIATION CAPITAL GROUP LLC</name>
                <lei>549300ODEK8HY3445C77</lei>
                <title>DISC. CP</title>
                <cusip>05369CS16</cusip>
                <identifiers>
                    <isin value="US05369CS168"/>
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                <balance>1250000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>1249468.03</valUSD>
                <pctVal>0.995302215524</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-05-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>AUTONATION INC</name>
                <lei>N/A</lei>
                <title>DISC. CP</title>
                <cusip>05330NS18</cusip>
                <identifiers>
                    <isin value="US05330NS183"/>
                </identifiers>
                <balance>1250000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>1249448.96</valUSD>
                <pctVal>0.995287024728</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-05-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>CONAGRA BRANDS INC</name>
                <lei>54930035UDEIH090K650</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2664438"/>
                </identifiers>
                <balance>725000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>724676.16</valUSD>
                <pctVal>0.577263099389</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-05-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>NATIONAL AUSTRALIA BANK LTD</name>
                <lei>F8SB4JFBSYQFRQEH3Z21</lei>
                <title>INT BEAR CP</title>
                <cusip>63254GXB6</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2659686"/>
                </identifiers>
                <balance>500000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>500264.64</valUSD>
                <pctVal>0.398501196177</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>AU</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2023-11-30</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.3</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>NORDEA BANK ABP</name>
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                <name>BMW US CAPITAL LLC</name>
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                <name>DAIMLER TRUCK FINANCE NORTH AMERICA LLC</name>
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                <name>BANK OF NEW YORK MELLON CORP/THE</name>
                <lei>WFLLPEPC7FZXENRZV188</lei>
                <title>VAR.RT. CORP. BONDS</title>
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                <name>AMERICAN EXPRESS CO</name>
                <lei>R4PP93JZOLY261QX3811</lei>
                <title>VAR.RT. CORP. BONDS</title>
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                <name>ATHENE GLOBAL FUNDING</name>
                <lei>549300LM1QSI4MSIL320</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>04685A2T7</cusip>
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                <name>UBS GROUP AG</name>
                <lei>549300SZJ9VS8SGXAN81</lei>
                <title>VAR.RT. CORP. BONDS</title>
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                <name>DNB BANK ASA</name>
                <lei>549300GKFG0RYRRQ1414</lei>
                <title>VAR.RT. CORP. BONDS</title>
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                <name>FIFTH THIRD BANK NA</name>
                <lei>QFROUN1UWUYU0DVIWD51</lei>
                <title>VAR.RT. CORP. BONDS</title>
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                <name>BPCE SA</name>
                <lei>9695005MSX1OYEMGDF46</lei>
                <title>VAR.RT. CORP. BONDS</title>
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                <name>BANK OF AMERICA CORP</name>
                <lei>9DJT3UXIJIZJI4WXO774</lei>
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                <name>MORGAN STANLEY</name>
                <lei>IGJSJL3JD5P30I6NJZ34</lei>
                <title>VAR.RT. CORP. BONDS</title>
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                <name>TOYOTA MOTOR CREDIT CORP</name>
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                <lei>IGJSJL3JD5P30I6NJZ34</lei>
                <title>VAR.RT. CORP. BONDS</title>
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            <invstOrSec>
                <name>DEUTSCHE BANK AG/NEW YORK NY</name>
                <lei>7LTWFZYICNSX8D621K86</lei>
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                <isRestrictedSec>N</isRestrictedSec>

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            <invstOrSec>
                <name>LLOYDS BANKING GROUP PLC</name>
                <lei>549300PPXHEU2JF0AM85</lei>
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                <fairValLevel>2</fairValLevel>
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            <invstOrSec>
                <name>MIZUHO FINANCIAL GROUP INC</name>
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                <title>VAR.RT. CORP. BONDS</title>
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                <fairValLevel>2</fairValLevel>
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                <name>BPCE SA</name>
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                <title>VAR.RT. CORP. BONDS</title>
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                <name>UBS GROUP AG</name>
                <lei>549300SZJ9VS8SGXAN81</lei>
                <title>VAR.RT. CORP. BONDS</title>
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                <name>SKANDINAVISKA ENSKILDA BANKEN AB</name>
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                <title>VAR.RT. CORP. BONDS</title>
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                <name>MORGAN STANLEY</name>
                <lei>IGJSJL3JD5P30I6NJZ34</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>6174468T9</cusip>
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                <fairValLevel>2</fairValLevel>
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                    <maturityDt>2023-11-10</maturityDt>
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                <name>BARCLAYS PLC</name>
                <lei>213800LBQA1Y9L22JB70</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>06738EBQ7</cusip>
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                <invCountry>GB</invCountry>
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                <fairValLevel>2</fairValLevel>
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                    <maturityDt>2024-12-10</maturityDt>
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                <name>SUMITOMO MITSUI FINANCIAL GROUP INC</name>
                <lei>35380028MYWPB6AUO129</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>86562MBE9</cusip>
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                <invCountry>JP</invCountry>
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                <fairValLevel>2</fairValLevel>
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                <name>MORGAN STANLEY</name>
                <lei>IGJSJL3JD5P30I6NJZ34</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>61744YAG3</cusip>
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                <fairValLevel>2</fairValLevel>
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                    <maturityDt>2024-05-08</maturityDt>
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                <name>RABOBANK NEDERLAND NV NY</name>
                <lei>DG3RU1DBUFHT4ZF9WN62</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>21688AAR3</cusip>
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                <fairValLevel>2</fairValLevel>
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                    <maturityDt>2024-01-12</maturityDt>
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                <name>TOYOTA MOTOR CREDIT CORP</name>
                <lei>Z2VZBHUMB7PWWJ63I008</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>89236THV0</cusip>
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                    <maturityDt>2024-01-11</maturityDt>
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                <name>ROYAL BANK OF CANADA</name>
                <lei>ES7IP3U3RHIGC71XBU11</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>78015K7M0</cusip>
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                <name>JPMORGAN CHASE  AND  CO</name>
                <lei>8I5DZWZKVSZI1NUHU748</lei>
                <title>VAR.RT. CORP. BONDS</title>
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                <name>BANK OF AMERICA CORP</name>
                <lei>9DJT3UXIJIZJI4WXO774</lei>
                <title>VAR.RT. CORP. BONDS</title>
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                <name>TORONTO-DOMINION BANK/THE</name>
                <lei>PT3QB789TSUIDF371261</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>89114QCR7</cusip>
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                <name>SIEMENS FINANCIERINGSMAATSCHAPPIJ NV</name>
                <lei>TAFO772JB70PDRN5VS48</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>82620KBB8</cusip>
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                    <maturityDt>2024-03-11</maturityDt>
                    <couponKind>Floating</couponKind>
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                <name>CIGNA GROUP/THE</name>
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                <name>CHARLES SCHWAB CORP/THE</name>
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                <name>PUBLIC STORAGE</name>
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                <name>BANK OF MONTREAL</name>
                <lei>NQQ6HPCNCCU6TUTQYE16</lei>
                <title>VAR.RT. CORP. BONDS</title>
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                    <maturityDt>2024-07-09</maturityDt>
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                <name>GENERAL MILLS INC</name>
                <lei>2TGYMUGI08PO8X8L6150</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>370334CC6</cusip>
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                <name>AMERICAN HONDA FINANCE CORP</name>
                <lei>B6Q2VFHD1797Q7NZ3E43</lei>
                <title>VAR.RT. CORP. BONDS</title>
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                <fairValLevel>2</fairValLevel>
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                <name>BANK OF AMERICA CORP</name>
                <lei>9DJT3UXIJIZJI4WXO774</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>06051GJJ9</cusip>
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                <name>MERCEDES-BENZ FINANCE NORTH AMERICA LLC</name>
                <lei>549300423Z16BB673J12</lei>
                <title>VAR.RT. CORP. BONDS</title>
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                <name>TRUIST FINANCIAL CORP</name>
                <lei>549300DRQQI75D2JP341</lei>
                <title>VAR.RT. CORP. BONDS</title>
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                <name>MIZUHO FINANCIAL GROUP INC</name>
                <lei>353800CI5L6DDAN5XZ33</lei>
                <title>VAR.RT. CORP. BONDS</title>
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                <name>BANK OF NOVA SCOTIA/THE</name>
                <lei>L3I9ZG2KFGXZ61BMYR72</lei>
                <title>VAR.RT. CORP. BONDS</title>
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                <name>NATIONAL BANK OF CANADA</name>
                <lei>BSGEFEIOM18Y80CKCV46</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>63307A2Q7</cusip>
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                <name>EVERSOURCE ENERGY</name>
                <lei>SJ7XXD41SQU3ZNWUJ746</lei>
                <title>VAR.RT. CORP. BONDS</title>
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                <name>ATHENE GLOBAL FUNDING</name>
                <lei>549300LM1QSI4MSIL320</lei>
                <title>VAR.RT. CORP. BONDS</title>
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                <name>PRINCIPAL LIFE GLOBAL FUNDING II</name>
                <lei>635400WSLKBQWSOIIT41</lei>
                <title>VAR.RT. CORP. BONDS</title>
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                <valUSD>1009935.28</valUSD>
                <pctVal>0.804495031153</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>AU</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-01-12</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.217</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>GOLDMAN SACHS GROUP INC/THE</name>
                <lei>784F5XWPLTWKTBV3E584</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>38141GZH0</cusip>
                <identifiers>
                    <isin value="US38141GZH00"/>
                </identifiers>
                <balance>233000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>226147.31</valUSD>
                <pctVal>0.180144600161</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-01-24</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>1.757</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>GENERAL MOTORS FINANCIAL CO INC</name>
                <lei>5493008B6JBRUJ90QL97</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>37045XDF0</cusip>
                <identifiers>
                    <isin value="US37045XDF06"/>
                </identifiers>
                <balance>250000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>248876.84</valUSD>
                <pctVal>0.198250506853</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-03-08</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.552</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>ANZ NEW ZEALAND INT'L LTD/LONDON</name>
                <lei>213800VD256NU2D97H12</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>00182EBQ1</cusip>
                <identifiers>
                    <isin value="US00182EBQ17"/>
                </identifiers>
                <balance>1005000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>998597.63</valUSD>
                <pctVal>0.795463677095</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>GB</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-02-18</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.336</annualizedRt>
                    <isDefault>N</isDefault>
                    <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
                    <isPaidKind>N</isPaidKind>
                </debtSec>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>AMERICAN EXPRESS CO</name>
                <lei>R4PP93JZOLY261QX3811</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>025816CR8</cusip>
                <identifiers>
                    <isin value="US025816CR81"/>
                </identifiers>
                <balance>1135000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>1134829.73</valUSD>
                <pctVal>0.903983549312</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-03-04</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.71</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>BANK OF MONTREAL</name>
                <lei>NQQ6HPCNCCU6TUTQYE16</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>06368FAH2</cusip>
                <identifiers>
                    <isin value="US06368FAH29"/>
                </identifiers>
                <balance>100000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>99762.25</valUSD>
                <pctVal>0.079468690728</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CA</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-03-08</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.502</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>COMMONWEALTH BANK OF AUSTRALIA</name>
                <lei>MSFSBD3QN1GSN7Q6C537</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>2027A0KJ7</cusip>
                <identifiers>
                    <isin value="US2027A0KJ78"/>
                </identifiers>
                <balance>545000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>544356.9</valUSD>
                <pctVal>0.433624242955</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>AU</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-03-14</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.545</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>TORONTO-DOMINION BANK/THE</name>
                <lei>PT3QB789TSUIDF371261</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>89114TZS4</cusip>
                <identifiers>
                    <isin value="US89114TZS40"/>
                </identifiers>
                <balance>600000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>600178.58</valUSD>
                <pctVal>0.478090720244</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CA</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-03-08</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.702</annualizedRt>
                    <isDefault>N</isDefault>
                    <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
                    <isPaidKind>N</isPaidKind>
                </debtSec>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
        </invstOrSecs>
        <explntrNotes>
            <explntrNote note="Monthly total returns provided exclude any applicable sales loads or redemption fees. " noteItem="B.5.a"/>
            <explntrNote note="For certain swaptions, if any, the value provided may include any unpaid or received premium and as a result may be a negative value." noteItem="C.2.c"/>
            <explntrNote note="For total return swaps, interest rate swaps or spread swaps, if any, the mark to market payment may be either received or paid, depending on the change in value of the underlying index, basket or equity. For credit default swaps, if any, floating rate index related payments are only made upon the occurrence of a credit event on the reference obligation." noteItem="C.11.f.i.1"/>
            <explntrNote note="For total return swaps, interest rate swaps or spread swaps, if any, the mark to market payment may be either paid or received, depending on the change in value of the underlying index, basket or equity. For credit default swaps, if any, floating rate index related payments are only made upon the occurrence of a credit event on the reference obligation." noteItem="C.11.f.i.2"/>
        </explntrNotes>
        <signature>
            <ncom:dateSigned>2023-06-23</ncom:dateSigned>
            <ncom:nameOfApplicant>Putnam Investments Inc</ncom:nameOfApplicant>
            <ncom:signature>Janet C. Smith</ncom:signature>
            <ncom:signerName>NPORT</ncom:signerName>
            <ncom:title>Principal Financial Officer</ncom:title>
        </signature>
    </formData>
</edgarSubmission>
