<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/nport" xmlns:com="http://www.sec.gov/edgar/common" xmlns:ncom="http://www.sec.gov/edgar/nportcommon">
    <headerData>
        <submissionType>NPORT-P</submissionType>
        <isConfidential>false</isConfidential>
        <filerInfo>

            <filer>
                <issuerCredentials>
                    <cik>0001845809</cik>
                    <ccc>XXXXXXXX</ccc>
                </issuerCredentials>
            </filer>


            <seriesClassInfo>
                <seriesId>S000077299</seriesId>
                <classId>C000237596</classId>
            </seriesClassInfo>


        </filerInfo>
    </headerData>
    <formData>
        <genInfo>
            <regName>Putnam ETF Trust</regName>
            <regFileNumber>811-23643</regFileNumber>
            <regCik>0001845809</regCik>
            <regLei>549300EMFKH8ETCKNO35</regLei>
            <regStreet1>100 FEDERAL STREET</regStreet1>
            <regCity>BOSTON</regCity>
            <regStateConditional regCountry="US" regState="US-MA"/>
            <regZipOrPostalCode>02110</regZipOrPostalCode>
            <regPhone>1-800-225-1581</regPhone>
            <seriesName>Putnam ESG Ultra Short ETF</seriesName>
            <seriesId>S000077299</seriesId>
            <seriesLei>549300NQ9F4P4U3AVO48</seriesLei>
            <repPdEnd>2025-04-30</repPdEnd>
            <repPdDate>2024-10-31</repPdDate>
            <isFinalFiling>N</isFinalFiling>
        </genInfo>
        <fundInfo>
            <totAssets>110551746.25</totAssets>
            <totLiabs>4257298.09</totLiabs>
            <netAssets>106294448.15</netAssets>
            <assetsAttrMiscSec>0.00</assetsAttrMiscSec>
            <assetsInvested>0.00</assetsInvested>
            <amtPayOneYrBanksBorr>0.00</amtPayOneYrBanksBorr>
            <amtPayOneYrCtrldComp>0.00</amtPayOneYrCtrldComp>
            <amtPayOneYrOthAffil>0.00</amtPayOneYrOthAffil>
            <amtPayOneYrOther>0.00</amtPayOneYrOther>
            <amtPayAftOneYrBanksBorr>0.00</amtPayAftOneYrBanksBorr>
            <amtPayAftOneYrCtrldComp>0.00</amtPayAftOneYrCtrldComp>
            <amtPayAftOneYrOthAffil>0.00</amtPayAftOneYrOthAffil>
            <amtPayAftOneYrOther>0.00</amtPayAftOneYrOther>
            <delayDeliv>0.00</delayDeliv>
            <standByCommit>0.00</standByCommit>
            <liquidPref>0.00</liquidPref>
            <curMetrics>
                <curMetric>
                    <curCd>USD</curCd>
                    <intrstRtRiskdv01 period10Yr="0" period1Yr="2471.66" period30Yr="0" period3Mon="1522.82" period5Yr="751.04"/>
                    <intrstRtRiskdv100 period10Yr="0" period1Yr="245488.49" period30Yr="0" period3Mon="153004.54" period5Yr="74517.52"/>
                </curMetric>
            </curMetrics>
            <creditSprdRiskInvstGrade period10Yr="0" period1Yr="4627.47" period30Yr="0" period3Mon="1646.58" period5Yr="2233"/>
            <creditSprdRiskNonInvstGrade period10Yr="0" period1Yr="0" period30Yr="0" period3Mon="0" period5Yr="0"/>
            <isNonCashCollateral>N</isNonCashCollateral>
            <returnInfo>
                <monthlyTotReturns>
                    <monthlyTotReturn classId="C000237596" rtn1="0.26" rtn2="0.57" rtn3="0.58"/>
                </monthlyTotReturns>
                <monthlyReturnCats>
                    <commodityContracts>
                        <mon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        <mon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        <mon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        <forwardCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </forwardCategory>
                        <futureCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </futureCategory>
                        <optionCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </optionCategory>
                        <swaptionCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </swaptionCategory>
                        <swapCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </swapCategory>
                        <warrantCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </warrantCategory>
                        <otherCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </otherCategory>
                    </commodityContracts>
                    <creditContracts>
                        <mon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        <mon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        <mon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        <forwardCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </forwardCategory>
                        <futureCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </futureCategory>
                        <optionCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </optionCategory>
                        <swaptionCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </swaptionCategory>
                        <swapCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </swapCategory>
                        <warrantCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </warrantCategory>
                        <otherCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </otherCategory>
                    </creditContracts>
                    <equityContracts>
                        <mon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        <mon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        <mon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        <forwardCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </forwardCategory>
                        <futureCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </futureCategory>
                        <optionCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </optionCategory>
                        <swaptionCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </swaptionCategory>
                        <swapCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </swapCategory>
                        <warrantCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </warrantCategory>
                        <otherCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </otherCategory>
                    </equityContracts>
                    <foreignExchgContracts>
                        <mon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        <mon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        <mon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        <forwardCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </forwardCategory>
                        <futureCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </futureCategory>
                        <optionCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </optionCategory>
                        <swaptionCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </swaptionCategory>
                        <swapCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </swapCategory>
                        <warrantCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </warrantCategory>
                        <otherCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </otherCategory>
                    </foreignExchgContracts>
                    <interestRtContracts>
                        <mon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        <mon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        <mon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        <forwardCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </forwardCategory>
                        <futureCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </futureCategory>
                        <optionCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </optionCategory>
                        <swaptionCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </swaptionCategory>
                        <swapCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </swapCategory>
                        <warrantCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </warrantCategory>
                        <otherCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </otherCategory>
                    </interestRtContracts>
                    <otherContracts>
                        <mon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        <mon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        <mon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        <forwardCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </forwardCategory>
                        <futureCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </futureCategory>
                        <optionCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </optionCategory>
                        <swaptionCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </swaptionCategory>
                        <swapCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </swapCategory>
                        <warrantCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </warrantCategory>
                        <otherCategory>
                            <instrMon1 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon2 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                            <instrMon3 netRealizedGain="0.00" netUnrealizedAppr="0.00"/>
                        </otherCategory>
                    </otherContracts>
                </monthlyReturnCats>
                <othMon1 netRealizedGain="1754.19" netUnrealizedAppr="-188811.88"/>
                <othMon2 netRealizedGain="19545.67" netUnrealizedAppr="119705.74"/>
                <othMon3 netRealizedGain="4702.92" netUnrealizedAppr="113210.86"/>
            </returnInfo>
            <mon1Flow redemption="0" reinvestment="0" sales="3799410.33"/>
            <mon2Flow redemption="0" reinvestment="0" sales="0"/>
            <mon3Flow redemption="0" reinvestment="0" sales="2531348.83"/>



        </fundInfo>
        <invstOrSecs>
            <invstOrSec>
                <name>CITIZENS AUTO RECEIVABLES TRUST 2024-2</name>
                <lei>N/A</lei>
                <title>ASSET BACKED SECURITY</title>
                <cusip>17331XAC5</cusip>
                <identifiers>
                    <isin value="US17331XAC56"/>
                </identifiers>
                <balance>168000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>168116.94</valUSD>
                <pctVal>0.158161543642</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>ABS-MBS</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-11-16</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.55</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>HUNTINGTON AUTO TRUST 2024-1</name>
                <lei>N/A</lei>
                <title>ASSET BACKED SECURITY</title>
                <cusip>446144AC1</cusip>
                <identifiers>
                    <isin value="US446144AC16"/>
                </identifiers>
                <balance>90436.39</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>90682.59</valUSD>
                <pctVal>0.085312630695</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>ABS-MBS</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-03-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.5</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>HARLEY-DAVIDSON MOTORCYCLE TRUST 2024-A</name>
                <lei>N/A</lei>
                <title>ASSET BACKED SECURITY</title>
                <cusip>412922AB2</cusip>
                <identifiers>
                    <isin value="US412922AB25"/>
                </identifiers>
                <balance>402193.07</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>403602.6</valUSD>
                <pctVal>0.379702427572</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>ABS-MBS</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-02-16</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.65</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>CARMAX AUTO OWNER TRUST 2024-2</name>
                <lei>N/A</lei>
                <title>ASSET BACKED SECURITY</title>
                <cusip>14319EAE6</cusip>
                <identifiers>
                    <isin value="US14319EAE68"/>
                </identifiers>
                <balance>408000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>415286.68</valUSD>
                <pctVal>0.390694610328</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>ABS-MBS</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2029-01-16</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.5</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>GM FINANCIAL CONSUMER AUTOMOBILE RECEIVABLES TRUST 2024-2</name>
                <lei>N/A</lei>
                <title>ASSET BACKED SECURITY</title>
                <cusip>379931AD0</cusip>
                <identifiers>
                    <isin value="US379931AD07"/>
                </identifiers>
                <balance>353000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>356722.24</valUSD>
                <pctVal>0.335598186179</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>ABS-MBS</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2029-03-16</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.1</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>VOLKSWAGEN AUTO LOAN ENHANCED TRUST 2021-1</name>
                <lei>N/A</lei>
                <title>ASSET BACKED SECURITY</title>
                <cusip>92868KAC7</cusip>
                <identifiers>
                    <isin value="US92868KAC71"/>
                </identifiers>
                <balance>73045.61</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>72368.66</valUSD>
                <pctVal>0.068083198379</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>ABS-MBS</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-06-22</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>1.02</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>GM FINANCIAL CONSUMER AUTOMOBILE RECEIVABLES TRUST 2022-2</name>
                <lei>N/A</lei>
                <title>ASSET BACKED SECURITY</title>
                <cusip>362585AC5</cusip>
                <identifiers>
                    <isin value="US362585AC52"/>
                </identifiers>
                <balance>145738.04</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>144522.28</valUSD>
                <pctVal>0.135964090802</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>ABS-MBS</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-02-16</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>3.1</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>CARMAX AUTO OWNER TRUST 2022-2</name>
                <lei>N/A</lei>
                <title>ASSET BACKED SECURITY</title>
                <cusip>14317HAC5</cusip>
                <identifiers>
                    <isin value="US14317HAC51"/>
                </identifiers>
                <balance>114120.18</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>113334.25</valUSD>
                <pctVal>0.106622925254</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>ABS-MBS</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-02-16</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>3.49</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>TOYOTA AUTO RECEIVABLES 2022-C OWNER TRUST</name>
                <lei>N/A</lei>
                <title>ASSET BACKED SECURITY</title>
                <cusip>89231CAD9</cusip>
                <identifiers>
                    <isin value="US89231CAD92"/>
                </identifiers>
                <balance>204417.56</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>203405.92</valUSD>
                <pctVal>0.191360812855</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>ABS-MBS</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-04-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>3.76</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>GM FINANCIAL CONSUMER AUTOMOBILE RECEIVABLES TRUST 2023-1</name>
                <lei>N/A</lei>
                <title>ASSET BACKED SECURITY</title>
                <cusip>38013JAD5</cusip>
                <identifiers>
                    <isin value="US38013JAD54"/>
                </identifiers>
                <balance>285000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>285157.61</valUSD>
                <pctVal>0.268271405481</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>ABS-MBS</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2028-02-16</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4.66</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>HYUNDAI AUTO RECEIVABLES TRUST 2023-A</name>
                <lei>N/A</lei>
                <title>ASSET BACKED SECURITY</title>
                <cusip>448979AD6</cusip>
                <identifiers>
                    <isin value="US448979AD60"/>
                </identifiers>
                <balance>470000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>469648.49</valUSD>
                <pctVal>0.441837272006</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>ABS-MBS</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-04-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4.58</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>TESLA AUTO LEASE TRUST 2023-A</name>
                <lei>N/A</lei>
                <title>ASSET BACKED SECURITY</title>
                <cusip>88167PAB4</cusip>
                <identifiers>
                    <isin value="US88167PAB40"/>
                </identifiers>
                <balance>75271.07</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>75326.57</valUSD>
                <pctVal>0.070865949550</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>ABS-MBS</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-08-20</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.86</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>CITIZENS AUTO RECEIVABLES TRUST 2023-2</name>
                <lei>N/A</lei>
                <title>ASSET BACKED SECURITY</title>
                <cusip>17295FAB0</cusip>
                <identifiers>
                    <isin value="US17295FAB04"/>
                </identifiers>
                <balance>115402.66</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>115763.22</valUSD>
                <pctVal>0.108908058713</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>ABS-MBS</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-10-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>6.09</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>HARLEY-DAVIDSON MOTORCYCLE TRUST 2023-B</name>
                <lei>N/A</lei>
                <title>ASSET BACKED SECURITY</title>
                <cusip>41285YAC9</cusip>
                <identifiers>
                    <isin value="US41285YAC93"/>
                </identifiers>
                <balance>120000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>121421.29</valUSD>
                <pctVal>0.114231074260</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>ABS-MBS</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2028-08-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.69</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>HARLEY-DAVIDSON MOTORCYCLE TRUST 2023-B</name>
                <lei>N/A</lei>
                <title>ASSET BACKED SECURITY</title>
                <cusip>41285YAB1</cusip>
                <identifiers>
                    <isin value="US41285YAB11"/>
                </identifiers>
                <balance>111773.21</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>112094.04</valUSD>
                <pctVal>0.105456156884</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>ABS-MBS</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-12-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.92</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>HONDA AUTO RECEIVABLES 2023-4 OWNER TRUST</name>
                <lei>N/A</lei>
                <title>ASSET BACKED SECURITY</title>
                <cusip>438123AB7</cusip>
                <identifiers>
                    <isin value="US438123AB76"/>
                </identifiers>
                <balance>162597.63</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>163264.41</valUSD>
                <pctVal>0.153596366359</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>ABS-MBS</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-06-22</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.87</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>HYUNDAI AUTO RECEIVABLES TRUST 2023-C</name>
                <lei>N/A</lei>
                <title>ASSET BACKED SECURITY</title>
                <cusip>44918CAB8</cusip>
                <identifiers>
                    <isin value="US44918CAB81"/>
                </identifiers>
                <balance>158373</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>159037.09</valUSD>
                <pctVal>0.149619375958</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>ABS-MBS</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-01-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.8</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 AMERICA AUTO TRUST 2023-2</name>
                <lei>N/A</lei>
                <title>ASSET BACKED SECURITY</title>
                <cusip>06054YAB3</cusip>
                <identifiers>
                    <isin value="US06054YAB39"/>
                </identifiers>
                <balance>151939.41</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>152446.04</valUSD>
                <pctVal>0.143418628774</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>ABS-MBS</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-08-17</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.85</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>VOLKSWAGEN AUTO LOAN ENHANCED TRUST 2023-2</name>
                <lei>N/A</lei>
                <title>ASSET BACKED SECURITY</title>
                <cusip>92867YAB0</cusip>
                <identifiers>
                    <isin value="US92867YAB02"/>
                </identifiers>
                <balance>169191.44</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>170011.44</valUSD>
                <pctVal>0.159943856861</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>ABS-MBS</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-03-22</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.72</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>TOYOTA AUTO RECEIVABLES 2024-D OWNER TRUST</name>
                <lei>N/A</lei>
                <title>ASSET BACKED SECURITY</title>
                <cusip>89239TAC6</cusip>
                <identifiers>
                    <isin value="US89239TAC62"/>
                </identifiers>
                <balance>200000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>200119.54</valUSD>
                <pctVal>0.188269042723</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>ABS-MBS</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-08-16</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.417</annualizedRt>
                    <isDefault>N</isDefault>
                    <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
                    <isPaidKind>N</isPaidKind>
                </debtSec>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>CHASE AUTO OWNER TRUST 2024-3</name>
                <lei>N/A</lei>
                <title>ASSET BACKED SECURITY</title>
                <cusip>16144LAB2</cusip>
                <identifiers>
                    <isin value="US16144LAB27"/>
                </identifiers>
                <balance>466000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>468320.49</valUSD>
                <pctVal>0.440587912305</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>ABS-MBS</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-09-27</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.53</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>INTESA SANPAOLO SPA/NEW YORK NY</name>
                <lei>2W8N8UU78PMDQKZENC08</lei>
                <title>CERT OF DEPOSIT</title>
                <cusip>46115K3E8</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2703788"/>
                </identifiers>
                <balance>520000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>520459.75</valUSD>
                <pctVal>0.489639636931</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-01-13</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.68</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>MIZUHO BANK LTD/NEW YORK NY</name>
                <lei>RB0PEZSDGCO3JS6CEU02</lei>
                <title>CERT OF DEPOSIT</title>
                <cusip>60710TUN9</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2741771"/>
                </identifiers>
                <balance>305000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>304995.67</valUSD>
                <pctVal>0.286934713250</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-02-04</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4.75</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>INTESA SANPAOLO SPA/NEW YORK NY</name>
                <lei>2W8N8UU78PMDQKZENC08</lei>
                <title>CERT OF DEPOSIT</title>
                <cusip>46115LVP0</cusip>
                <identifiers>
                    <isin value="US46115LVP02"/>
                </identifiers>
                <balance>250000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>250589.5</valUSD>
                <pctVal>0.235750318442</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-08-18</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.76</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>TRUIST FINANCIAL CORP</name>
                <lei>549300DRQQI75D2JP341</lei>
                <title>CORP MED TERM NOTE</title>
                <cusip>05531FBE2</cusip>
                <identifiers>
                    <isin value="US05531FBE25"/>
                </identifiers>
                <balance>190000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>188824.51</valUSD>
                <pctVal>0.177642871558</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-06-05</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>3.7</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>MORGAN STANLEY</name>
                <lei>IGJSJL3JD5P30I6NJZ34</lei>
                <title>CORP MED TERM NOTE</title>
                <cusip>61761J3R8</cusip>
                <identifiers>
                    <isin value="US61761J3R84"/>
                </identifiers>
                <balance>49000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>47804.14</valUSD>
                <pctVal>0.044973317828</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-07-27</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>3.125</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 AMERICA CORP</name>
                <lei>9DJT3UXIJIZJI4WXO774</lei>
                <title>CORP MED TERM NOTE</title>
                <cusip>06051GFP9</cusip>
                <identifiers>
                    <isin value="US06051GFP90"/>
                </identifiers>
                <balance>400000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>398236.78</valUSD>
                <pctVal>0.374654355831</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-04-21</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>3.95</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>JEFFERIES FINANCIAL GROUP INC</name>
                <lei>549300HOF34RGOJ5YL07</lei>
                <title>CORP MED TERM NOTE</title>
                <cusip>47233WGY9</cusip>
                <identifiers>
                    <isin value="US47233WGY93"/>
                </identifiers>
                <balance>390000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>390043.83</valUSD>
                <pctVal>0.366946568507</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-09-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.15</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>AIR LEASE CORP</name>
                <lei>5493004NW4M4P8TMMK63</lei>
                <title>CORP MED TERM NOTE</title>
                <cusip>00914AAF9</cusip>
                <identifiers>
                    <isin value="US00914AAF93"/>
                </identifiers>
                <balance>444000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>440835.96</valUSD>
                <pctVal>0.414730936255</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-02-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>2.3</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>CORP MED TERM NOTE</title>
                <cusip>06367WB85</cusip>
                <identifiers>
                    <isin value="US06367WB850"/>
                </identifiers>
                <balance>96000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>94605.88</valUSD>
                <pctVal>0.089003594869</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CA</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-05-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>1.85</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>CAPITAL ONE FINANCIAL CORP</name>
                <lei>ZUE8T73ROZOF6FLBAR73</lei>
                <title>CORP. NOTE</title>
                <cusip>14040HBG9</cusip>
                <identifiers>
                    <isin value="US14040HBG92"/>
                </identifiers>
                <balance>88000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>87569.84</valUSD>
                <pctVal>0.082384208700</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-02-05</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>3.2</annualizedRt>
                    <isDefault>N</isDefault>
                    <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
                    <isPaidKind>N</isPaidKind>
                </debtSec>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>CREDIT AGRICOLE S.A.</name>
                <lei>969500TJ5KRTCJQWXH05</lei>
                <title>CORP. NOTE</title>
                <cusip>225313AF2</cusip>
                <identifiers>
                    <isin value="US225313AF24"/>
                </identifiers>
                <balance>200000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>199220.08</valUSD>
                <pctVal>0.187422846129</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FR</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-03-17</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4.375</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>ONEOK PARTNERS LP</name>
                <lei>T4DHW82NMF6BXJT50795</lei>
                <title>CORP. NOTE</title>
                <cusip>68268NAP8</cusip>
                <identifiers>
                    <isin value="US68268NAP87"/>
                </identifiers>
                <balance>336000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>335937.23</valUSD>
                <pctVal>0.316044004035</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-03-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4.9</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>CORP. NOTE</title>
                <cusip>37045XAZ9</cusip>
                <identifiers>
                    <isin value="US37045XAZ96"/>
                </identifiers>
                <balance>351000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>349385.41</valUSD>
                <pctVal>0.328695821918</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-07-13</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4.3</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>ELECTRICITE DE FRANCE SA</name>
                <lei>549300X3UK4GG3FNMO06</lei>
                <title>CORP. NOTE</title>
                <cusip>268317AS3</cusip>
                <identifiers>
                    <isin value="US268317AS33"/>
                </identifiers>
                <balance>90000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>88926.25</valUSD>
                <pctVal>0.083660296043</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FR</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-10-13</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>3.625</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>CAPITAL ONE FINANCIAL CORP</name>
                <lei>ZUE8T73ROZOF6FLBAR73</lei>
                <title>CORP. NOTE</title>
                <cusip>14040HBJ3</cusip>
                <identifiers>
                    <isin value="US14040HBJ32"/>
                </identifiers>
                <balance>150000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>148931.65</valUSD>
                <pctVal>0.140112350731</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-10-29</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4.2</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>CORP. NOTE</title>
                <cusip>2027A0HR3</cusip>
                <identifiers>
                    <isin value="US2027A0HR32"/>
                </identifiers>
                <balance>200000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>198693.99</valUSD>
                <pctVal>0.186927909649</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>AU</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-12-09</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4.5</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>SABINE PASS LIQUEFACTION LLC</name>
                <lei>549300KJYBG7C6WJYZ11</lei>
                <title>CORP. NOTE</title>
                <cusip>785592AV8</cusip>
                <identifiers>
                    <isin value="US785592AV86"/>
                </identifiers>
                <balance>230000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>232571.05</valUSD>
                <pctVal>0.218798868659</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-06-30</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.875</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>CVS HEALTH CORP</name>
                <lei>549300EJG376EN5NQE29</lei>
                <title>CORP. NOTE</title>
                <cusip>126650CS7</cusip>
                <identifiers>
                    <isin value="US126650CS77"/>
                </identifiers>
                <balance>398000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>397889.6</valUSD>
                <pctVal>0.374327734821</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-12-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5</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>HEWLETT PACKARD ENTERPRISE CO</name>
                <lei>549300BX44RGX6ANDV88</lei>
                <title>CORP. NOTE</title>
                <cusip>42824CAW9</cusip>
                <identifiers>
                    <isin value="US42824CAW91"/>
                </identifiers>
                <balance>399000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>399338.77</valUSD>
                <pctVal>0.375691089187</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-10-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4.9</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>CORP. NOTE</title>
                <cusip>38141GWB6</cusip>
                <identifiers>
                    <isin value="US38141GWB66"/>
                </identifiers>
                <balance>161000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>157914.06</valUSD>
                <pctVal>0.148562848529</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-01-26</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>3.85</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>ALEXANDRIA REAL ESTATE EQUITIES INC</name>
                <lei>MGCJBT4MKTQBVLNUIS88</lei>
                <title>CORP. NOTE</title>
                <cusip>015271AL3</cusip>
                <identifiers>
                    <isin value="US015271AL39"/>
                </identifiers>
                <balance>175000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>173810.81</valUSD>
                <pctVal>0.163518239217</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-04-30</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>3.45</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>AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST</name>
                <lei>N/A</lei>
                <title>CORP. NOTE</title>
                <cusip>00774MAC9</cusip>
                <identifiers>
                    <isin value="US00774MAC91"/>
                </identifiers>
                <balance>325000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>323866.21</valUSD>
                <pctVal>0.304687794741</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>IE</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-01-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>3.5</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>BOSTON PROPERTIES LP</name>
                <lei>BVHHEFJI6SHNOKQT2572</lei>
                <title>CORP. NOTE</title>
                <cusip>10112RAZ7</cusip>
                <identifiers>
                    <isin value="US10112RAZ73"/>
                </identifiers>
                <balance>509000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>506959.45</valUSD>
                <pctVal>0.476938785443</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>
                </debtSec>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>BNP PARIBAS SA</name>
                <lei>R0MUWSFPU8MPRO8K5P83</lei>
                <title>CORP. NOTE</title>
                <cusip>09659W2D5</cusip>
                <identifiers>
                    <isin value="US09659W2D51"/>
                </identifiers>
                <balance>765000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>762438.36</valUSD>
                <pctVal>0.717288977242</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FR</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-01-09</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>3.375</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>AIR LEASE CORP</name>
                <lei>5493004NW4M4P8TMMK63</lei>
                <title>CORP. NOTE</title>
                <cusip>00912XBA1</cusip>
                <identifiers>
                    <isin value="US00912XBA19"/>
                </identifiers>
                <balance>127000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>126232.04</valUSD>
                <pctVal>0.118756945633</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-03-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>3.25</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>VERIZON COMMUNICATIONS INC</name>
                <lei>2S72QS2UO2OESLG6Y829</lei>
                <title>CORP. NOTE</title>
                <cusip>92343VEN0</cusip>
                <identifiers>
                    <isin value="US92343VEN01"/>
                </identifiers>
                <balance>209000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>208030.63</valUSD>
                <pctVal>0.195711660976</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-02-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>3.376</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>DOLLAR TREE INC</name>
                <lei>549300PMSTQITB1WHR43</lei>
                <title>CORP. NOTE</title>
                <cusip>256746AG3</cusip>
                <identifiers>
                    <isin value="US256746AG33"/>
                </identifiers>
                <balance>50000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>49693.35</valUSD>
                <pctVal>0.046750654305</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-05-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4</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>LLOYDS BANKING GROUP PLC</name>
                <lei>549300PPXHEU2JF0AM85</lei>
                <title>CORP. NOTE</title>
                <cusip>53944YAF0</cusip>
                <identifiers>
                    <isin value="US53944YAF07"/>
                </identifiers>
                <balance>756000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>754444.5</valUSD>
                <pctVal>0.709768490388</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>
                </debtSec>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>HUNTINGTON BANCSHARES INC/OH</name>
                <lei>549300XTVCVV9I7B5T19</lei>
                <title>CORP. NOTE</title>
                <cusip>446150AM6</cusip>
                <identifiers>
                    <isin value="US446150AM64"/>
                </identifiers>
                <balance>111000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>110394.89</valUSD>
                <pctVal>0.103857625606</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-05-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4</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>KEURIG DR PEPPER INC</name>
                <lei>DYTQ8KRTKO7Y2BVU5K74</lei>
                <title>CORP. NOTE</title>
                <cusip>49271VAH3</cusip>
                <identifiers>
                    <isin value="US49271VAH33"/>
                </identifiers>
                <balance>36000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>35930.81</valUSD>
                <pctVal>0.033803091907</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-05-25</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4.417</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>STARBUCKS CORP</name>
                <lei>OQSJ1DU9TAOC51A47K68</lei>
                <title>CORP. NOTE</title>
                <cusip>855244AQ2</cusip>
                <identifiers>
                    <isin value="US855244AQ29"/>
                </identifiers>
                <balance>555000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>551253.55</valUSD>
                <pctVal>0.518609917634</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-08-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>3.8</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>FIFTH THIRD BANCORP</name>
                <lei>THRNG6BD57P9QWTQLG42</lei>
                <title>CORP. NOTE</title>
                <cusip>316773CY4</cusip>
                <identifiers>
                    <isin value="US316773CY45"/>
                </identifiers>
                <balance>354000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>351717.84</valUSD>
                <pctVal>0.330890132195</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-01-28</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>2.375</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 TOWER CORP</name>
                <lei>5493006ORUSIL88JOE18</lei>
                <title>CORP. NOTE</title>
                <cusip>03027XAZ3</cusip>
                <identifiers>
                    <isin value="US03027XAZ33"/>
                </identifiers>
                <balance>88000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>87173.8</valUSD>
                <pctVal>0.082011621037</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-03-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>2.4</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>ATHENE GLOBAL FUNDING</name>
                <lei>549300LM1QSI4MSIL320</lei>
                <title>CORP. NOTE</title>
                <cusip>04685A2L4</cusip>
                <identifiers>
                    <isin value="US04685A2L40"/>
                </identifiers>
                <balance>64000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>63649.57</valUSD>
                <pctVal>0.059880427537</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-01-14</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>2.5</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>MACQUARIE BANK LTD</name>
                <lei>4ZHCHI4KYZG2WVRT8631</lei>
                <title>CORP. NOTE</title>
                <cusip>55608PBE3</cusip>
                <identifiers>
                    <isin value="US55608PBE34"/>
                </identifiers>
                <balance>134000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>133199.31</valUSD>
                <pctVal>0.125311634162</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>AU</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-01-22</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>2.3</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>SOCIETE GENERALE SA</name>
                <lei>O2RNE8IBXP4R0TD8PU41</lei>
                <title>CORP. NOTE</title>
                <cusip>83368RAV4</cusip>
                <identifiers>
                    <isin value="US83368RAV42"/>
                </identifiers>
                <balance>763000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>758546.02</valUSD>
                <pctVal>0.713627130299</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FR</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-01-22</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>2.625</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>MITSUBISHI UFJ FINANCIAL GROUP INC</name>
                <lei>353800V2V8PUY9TK3E06</lei>
                <title>CORP. NOTE</title>
                <cusip>606822BN3</cusip>
                <identifiers>
                    <isin value="US606822BN36"/>
                </identifiers>
                <balance>200000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>198349.62</valUSD>
                <pctVal>0.186603932239</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>JP</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-02-25</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>2.193</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>TRUIST BANK</name>
                <lei>JJKC32MCHWDI71265Z06</lei>
                <title>CORP. NOTE</title>
                <cusip>89788JAA7</cusip>
                <identifiers>
                    <isin value="US89788JAA79"/>
                </identifiers>
                <balance>415000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>410171.99</valUSD>
                <pctVal>0.385882797398</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-03-10</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>1.5</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>T-MOBILE USA INC</name>
                <lei>549300V2JRLO5DIFGE82</lei>
                <title>CORP. NOTE</title>
                <cusip>87264ABB0</cusip>
                <identifiers>
                    <isin value="US87264ABB08"/>
                </identifiers>
                <balance>500000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>496758.95</valUSD>
                <pctVal>0.467342329393</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-04-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>3.5</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>VMWARE LLC</name>
                <lei>549300BUDHS3LRWBE814</lei>
                <title>CORP. NOTE</title>
                <cusip>928563AD7</cusip>
                <identifiers>
                    <isin value="US928563AD71"/>
                </identifiers>
                <balance>231000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>230482.46</valUSD>
                <pctVal>0.216833958886</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-05-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4.5</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>MARRIOTT INTERNATIONAL INC/MD</name>
                <lei>225YDZ14ZO8E1TXUSU86</lei>
                <title>CORP. NOTE</title>
                <cusip>571903BD4</cusip>
                <identifiers>
                    <isin value="US571903BD44"/>
                </identifiers>
                <balance>418000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>419166.05</valUSD>
                <pctVal>0.394344255317</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-05-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.75</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>HYATT HOTELS CORP</name>
                <lei>T27JQIMTYSH41TCD5186</lei>
                <title>CORP. NOTE</title>
                <cusip>448579AH5</cusip>
                <identifiers>
                    <isin value="US448579AH52"/>
                </identifiers>
                <balance>70000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>70056.15</valUSD>
                <pctVal>0.065907628497</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-04-23</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.375</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>NETFLIX INC</name>
                <lei>549300Y7VHGU0I7CE873</lei>
                <title>CORP. NOTE</title>
                <cusip>64110LAY2</cusip>
                <identifiers>
                    <isin value="US64110LAY20"/>
                </identifiers>
                <balance>430000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>426746.57</valUSD>
                <pctVal>0.401475878964</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-06-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>3.625</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>VOLKSWAGEN GROUP OF AMERICA FINANCE LLC</name>
                <lei>5493002SQ1AVQBY41K40</lei>
                <title>CORP. NOTE</title>
                <cusip>928668BE1</cusip>
                <identifiers>
                    <isin value="US928668BE16"/>
                </identifiers>
                <balance>200000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>198445.3</valUSD>
                <pctVal>0.186693946348</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-05-13</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>3.35</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>CONSTELLATION ENERGY GENERATION LLC</name>
                <lei>S2PEWKCZFFECR4533P43</lei>
                <title>CORP. NOTE</title>
                <cusip>30161MAS2</cusip>
                <identifiers>
                    <isin value="US30161MAS26"/>
                </identifiers>
                <balance>238000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>235596.43</valUSD>
                <pctVal>0.221645094453</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-06-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>3.25</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>BANCO SANTANDER SA</name>
                <lei>5493006QMFDDMYWIAM13</lei>
                <title>CORP. NOTE</title>
                <cusip>05971KAE9</cusip>
                <identifiers>
                    <isin value="US05971KAE91"/>
                </identifiers>
                <balance>365000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>360444.72</valUSD>
                <pctVal>0.339100231737</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>ES</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-05-28</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>2.746</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>SANTANDER HOLDINGS USA INC</name>
                <lei>549300SMVCQN2P0O6I58</lei>
                <title>CORP. NOTE</title>
                <cusip>80282KBB1</cusip>
                <identifiers>
                    <isin value="US80282KBB17"/>
                </identifiers>
                <balance>434000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>429466.28</valUSD>
                <pctVal>0.404034535646</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-06-02</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>3.45</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 TOWER CORP</name>
                <lei>5493006ORUSIL88JOE18</lei>
                <title>CORP. NOTE</title>
                <cusip>03027XBB5</cusip>
                <identifiers>
                    <isin value="US03027XBB55"/>
                </identifiers>
                <balance>55000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>53339.58</valUSD>
                <pctVal>0.050180965166</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-09-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>1.3</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>AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST</name>
                <lei>N/A</lei>
                <title>CORP. NOTE</title>
                <cusip>00774MAN5</cusip>
                <identifiers>
                    <isin value="US00774MAN56"/>
                </identifiers>
                <balance>460000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>464166.17</valUSD>
                <pctVal>0.436679599056</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>IE</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-07-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>6.5</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>CORP. NOTE</title>
                <cusip>89114QCH9</cusip>
                <identifiers>
                    <isin value="US89114QCH92"/>
                </identifiers>
                <balance>135000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>132062.36</valUSD>
                <pctVal>0.124242011035</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CA</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-06-12</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>1.15</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>CORP. NOTE</title>
                <cusip>37045XCX2</cusip>
                <identifiers>
                    <isin value="US37045XCX21"/>
                </identifiers>
                <balance>264000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>260211.73</valUSD>
                <pctVal>0.244802747960</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-06-20</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>2.75</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>AIR LEASE CORP</name>
                <lei>5493004NW4M4P8TMMK63</lei>
                <title>CORP. NOTE</title>
                <cusip>00914AAH5</cusip>
                <identifiers>
                    <isin value="US00914AAH59"/>
                </identifiers>
                <balance>340000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>336658.86</valUSD>
                <pctVal>0.316722901205</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-07-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>3.375</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>SUMITOMO MITSUI FINANCIAL GROUP INC</name>
                <lei>35380028MYWPB6AUO129</lei>
                <title>CORP. NOTE</title>
                <cusip>86562MCA6</cusip>
                <identifiers>
                    <isin value="US86562MCA62"/>
                </identifiers>
                <balance>475000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>464845.71</valUSD>
                <pctVal>0.437318898673</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>JP</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-07-08</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>1.474</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>MITSUBISHI UFJ FINANCIAL GROUP INC</name>
                <lei>353800V2V8PUY9TK3E06</lei>
                <title>CORP. NOTE</title>
                <cusip>606822BS2</cusip>
                <identifiers>
                    <isin value="US606822BS23"/>
                </identifiers>
                <balance>200000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>195415.97</valUSD>
                <pctVal>0.183844004462</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>JP</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-07-17</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>1.412</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>DTE ENERGY CO</name>
                <lei>549300IX8SD6XXD71I78</lei>
                <title>CORP. NOTE</title>
                <cusip>233331BG1</cusip>
                <identifiers>
                    <isin value="US233331BG16"/>
                </identifiers>
                <balance>159000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>155608.12</valUSD>
                <pctVal>0.146393459591</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-06-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>1.05</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>NISOURCE INC</name>
                <lei>549300D8GOWWH0SJB189</lei>
                <title>CORP. NOTE</title>
                <cusip>65473PAK1</cusip>
                <identifiers>
                    <isin value="US65473PAK12"/>
                </identifiers>
                <balance>181000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>175464.83</valUSD>
                <pctVal>0.165074312962</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-08-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>.95</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>BANCO BILBAO VIZCAYA ARGENTARIA SA</name>
                <lei>K8MS7FD7N5Z2WQ51AZ71</lei>
                <title>CORP. NOTE</title>
                <cusip>05946KAJ0</cusip>
                <identifiers>
                    <isin value="US05946KAJ07"/>
                </identifiers>
                <balance>200000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>193859.24</valUSD>
                <pctVal>0.182379459486</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>ES</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-09-18</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>1.125</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>AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST</name>
                <lei>N/A</lei>
                <title>CORP. NOTE</title>
                <cusip>00774MAS4</cusip>
                <identifiers>
                    <isin value="US00774MAS44"/>
                </identifiers>
                <balance>150000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>144277</valUSD>
                <pctVal>0.135733335570</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>IE</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-01-30</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>1.75</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>HYUNDAI CAPITAL AMERICA</name>
                <lei>549300RIPPWJB5Z0FK07</lei>
                <title>CORP. NOTE</title>
                <cusip>44891ABZ9</cusip>
                <identifiers>
                    <isin value="US44891ABZ93"/>
                </identifiers>
                <balance>116000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>109369.94</valUSD>
                <pctVal>0.102893370165</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>

                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-09-17</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>1.65</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>DAIMLER TRUCK FINANCE NORTH AMERICA LLC</name>
                <lei>5493003HSDTSCZRXBA58</lei>
                <title>CORP. NOTE</title>
                <cusip>233853AD2</cusip>
                <identifiers>
                    <isin value="US233853AD26"/>
                </identifiers>
                <balance>624000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>621406.13</valUSD>
                <pctVal>0.584608265827</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-12-13</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>1.625</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>ATHENE GLOBAL FUNDING</name>
                <lei>549300LM1QSI4MSIL320</lei>
                <title>CORP. NOTE</title>
                <cusip>04685A3F6</cusip>
                <identifiers>
                    <isin value="US04685A3F62"/>
                </identifiers>
                <balance>726000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>721509.59</valUSD>
                <pctVal>0.678783889994</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-01-07</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>1.716</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>RABOBANK NEDERLAND NV NY</name>
                <lei>DG3RU1DBUFHT4ZF9WN62</lei>
                <title>CORP. NOTE</title>
                <cusip>21688AAS1</cusip>
                <identifiers>
                    <isin value="US21688AAS15"/>
                </identifiers>
                <balance>650000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>645644.6</valUSD>
                <pctVal>0.607411404111</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>

                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-01-10</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>1.375</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>MACQUARIE BANK LTD</name>
                <lei>4ZHCHI4KYZG2WVRT8631</lei>
                <title>CORP. NOTE</title>
                <cusip>55608PBJ2</cusip>
                <identifiers>
                    <isin value="US55608PBJ21"/>
                </identifiers>
                <balance>590000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>586353.97</valUSD>
                <pctVal>0.551631792822</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>AU</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-03-21</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>3.231</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>METROPOLITAN LIFE GLOBAL FUNDING I</name>
                <lei>635400MMSOCXNNNZDZ82</lei>
                <title>CORP. NOTE</title>
                <cusip>59217GEW5</cusip>
                <identifiers>
                    <isin value="US59217GEW50"/>
                </identifiers>
                <balance>199000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>197542.39</valUSD>
                <pctVal>0.185844504053</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-03-21</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>2.8</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>SHERWIN-WILLIAMS CO/THE</name>
                <lei>Z15BMIOX8DDH0X2OBP21</lei>
                <title>CORP. NOTE</title>
                <cusip>824348BR6</cusip>
                <identifiers>
                    <isin value="US824348BR69"/>
                </identifiers>
                <balance>143000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>142555.64</valUSD>
                <pctVal>0.134113909504</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-08-08</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4.25</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>HALEON UK CAPITAL PLC</name>
                <lei>5493004B26DRJNN0OV17</lei>
                <title>CORP. NOTE</title>
                <cusip>36264NAB0</cusip>
                <identifiers>
                    <isin value="US36264NAB01"/>
                </identifiers>
                <balance>615000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>610850.17</valUSD>
                <pctVal>0.574677399085</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>GB</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-03-24</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>3.125</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>INTESA SANPAOLO SPA</name>
                <lei>2W8N8UU78PMDQKZENC08</lei>
                <title>CORP. NOTE</title>
                <cusip>46115HBU0</cusip>
                <identifiers>
                    <isin value="US46115HBU05"/>
                </identifiers>
                <balance>200000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>204010.19</valUSD>
                <pctVal>0.191929299743</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>IT</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-11-21</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>7</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>MACQUARIE GROUP LTD</name>
                <lei>ACMHD8HWFMFUIQQ8Y590</lei>
                <title>CORP. NOTE</title>
                <cusip>55608JBL1</cusip>
                <identifiers>
                    <isin value="US55608JBL17"/>
                </identifiers>
                <balance>63000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>63040.76</valUSD>
                <pctVal>0.059307669495</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>AU</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-11-22</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>6.207</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/NEW YORK NY</name>
                <lei>MSFSBD3QN1GSN7Q6C537</lei>
                <title>CORP. NOTE</title>
                <cusip>20271RAQ3</cusip>
                <identifiers>
                    <isin value="US20271RAQ39"/>
                </identifiers>
                <balance>544000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>544155.86</valUSD>
                <pctVal>0.511932532198</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-01-10</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.079</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>METROPOLITAN LIFE GLOBAL FUNDING I</name>
                <lei>635400MMSOCXNNNZDZ82</lei>
                <title>CORP. NOTE</title>
                <cusip>592179KD6</cusip>
                <identifiers>
                    <isin value="US592179KD61"/>
                </identifiers>
                <balance>150000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>150679.55</valUSD>
                <pctVal>0.141756745176</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-01-06</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5</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>CORP. NOTE</title>
                <cusip>89115A2K7</cusip>
                <identifiers>
                    <isin value="US89115A2K70"/>
                </identifiers>
                <balance>134000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>134549.74</valUSD>
                <pctVal>0.126582095624</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CA</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-01-09</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.103</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>REALTY INCOME CORP</name>
                <lei>549300CUWDAUZSH43859</lei>
                <title>CORP. NOTE</title>
                <cusip>756109BQ6</cusip>
                <identifiers>
                    <isin value="US756109BQ63"/>
                </identifiers>
                <balance>84000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>83850.47</valUSD>
                <pctVal>0.078885088976</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-01-13</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.05</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>CORP. NOTE</title>
                <cusip>025816DC0</cusip>
                <identifiers>
                    <isin value="US025816DC04"/>
                </identifiers>
                <balance>43000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>43197.62</valUSD>
                <pctVal>0.040639582548</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>
                </debtSec>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>AMGEN INC</name>
                <lei>62QBXGPJ34PQ72Z12S66</lei>
                <title>CORP. NOTE</title>
                <cusip>031162DM9</cusip>
                <identifiers>
                    <isin value="US031162DM91"/>
                </identifiers>
                <balance>28000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>28032.92</valUSD>
                <pctVal>0.026372891988</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>
                </debtSec>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>RTX CORP</name>
                <lei>I07WOS4YJ0N7YRFE7309</lei>
                <title>CORP. NOTE</title>
                <cusip>75513ECQ2</cusip>
                <identifiers>
                    <isin value="US75513ECQ26"/>
                </identifiers>
                <balance>121000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>121473.73</valUSD>
                <pctVal>0.114280408915</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-02-27</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5</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>CORP. NOTE</title>
                <cusip>37045XEF9</cusip>
                <identifiers>
                    <isin value="US37045XEF96"/>
                </identifiers>
                <balance>102000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>102821.85</valUSD>
                <pctVal>0.096733039015</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-04-06</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.4</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>CANADIAN IMPERIAL BANK OF COMMERCE</name>
                <lei>2IGI19DL77OX0HC3ZE78</lei>
                <title>CORP. NOTE</title>
                <cusip>13607LNF6</cusip>
                <identifiers>
                    <isin value="US13607LNF66"/>
                </identifiers>
                <balance>409000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>409829.28</valUSD>
                <pctVal>0.385560381688</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CA</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-04-28</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.144</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>EVERSOURCE ENERGY</name>
                <lei>SJ7XXD41SQU3ZNWUJ746</lei>
                <title>CORP. NOTE</title>
                <cusip>30040WAV0</cusip>
                <identifiers>
                    <isin value="US30040WAV00"/>
                </identifiers>
                <balance>162000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>162083.64</valUSD>
                <pctVal>0.152485518125</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-05-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4.75</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>PFIZER INVESTMENT ENTERPRISES PTE LTD</name>
                <lei>5493000FQO8XF9C0RT95</lei>
                <title>CORP. NOTE</title>
                <cusip>716973AA0</cusip>
                <identifiers>
                    <isin value="US716973AA02"/>
                </identifiers>
                <balance>208000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>207887.02</valUSD>
                <pctVal>0.195576555143</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>SG</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-05-19</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4.65</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>PFIZER INVESTMENT ENTERPRISES PTE LTD</name>
                <lei>5493000FQO8XF9C0RT95</lei>
                <title>CORP. NOTE</title>
                <cusip>716973AB8</cusip>
                <identifiers>
                    <isin value="US716973AB84"/>
                </identifiers>
                <balance>502000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>501421.73</valUSD>
                <pctVal>0.471728993120</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>SG</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-05-19</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4.45</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>COREBRIDGE FINANCIAL INC</name>
                <lei>549300XY1661QCIA7J65</lei>
                <title>CORP. NOTE</title>
                <cusip>21871XAB5</cusip>
                <identifiers>
                    <isin value="US21871XAB55"/>
                </identifiers>
                <balance>340000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>337934.2</valUSD>
                <pctVal>0.317922719278</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-04-04</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>3.5</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>GE HEALTHCARE TECHNOLOGIES INC</name>
                <lei>549300OI9J7XOWZMUN85</lei>
                <title>CORP. NOTE</title>
                <cusip>36267VAD5</cusip>
                <identifiers>
                    <isin value="US36267VAD55"/>
                </identifiers>
                <balance>145000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>146221.29</valUSD>
                <pctVal>0.137562490370</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-11-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.6</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>GE HEALTHCARE TECHNOLOGIES INC</name>
                <lei>549300OI9J7XOWZMUN85</lei>
                <title>CORP. NOTE</title>
                <cusip>36267VAB9</cusip>
                <identifiers>
                    <isin value="US36267VAB99"/>
                </identifiers>
                <balance>407000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>407059.19</valUSD>
                <pctVal>0.382954328363</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-11-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.55</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>HYATT HOTELS CORP</name>
                <lei>T27JQIMTYSH41TCD5186</lei>
                <title>CORP. NOTE</title>
                <cusip>448579AQ5</cusip>
                <identifiers>
                    <isin value="US448579AQ51"/>
                </identifiers>
                <balance>156000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>159097.69</valUSD>
                <pctVal>0.149676387402</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-01-30</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.75</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>BANQUE FEDERATIVE DU CREDIT MUTUEL SA</name>
                <lei>VBHFXSYT7OG62HNT8T76</lei>
                <title>CORP. NOTE</title>
                <cusip>06675FBA4</cusip>
                <identifiers>
                    <isin value="US06675FBA49"/>
                </identifiers>
                <balance>200000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>203881.02</valUSD>
                <pctVal>0.191807778815</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FR</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-07-13</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.896</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>ROGERS COMMUNICATIONS INC</name>
                <lei>5493000M6Z4XFIP6PF03</lei>
                <title>CORP. NOTE</title>
                <cusip>775109CF6</cusip>
                <identifiers>
                    <isin value="US775109CF65"/>
                </identifiers>
                <balance>255000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>253015.13</valUSD>
                <pctVal>0.238032309687</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CA</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-03-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>2.95</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>DAIMLER TRUCK FINANCE NORTH AMERICA LLC</name>
                <lei>5493003HSDTSCZRXBA58</lei>
                <title>CORP. NOTE</title>
                <cusip>233853AS9</cusip>
                <identifiers>
                    <isin value="US233853AS94"/>
                </identifiers>
                <balance>150000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>151007.52</valUSD>
                <pctVal>0.142065293746</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-08-08</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.6</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>NEXTERA ENERGY CAPITAL HOLDINGS INC</name>
                <lei>UMI46YPGBLUE4VGNNT48</lei>
                <title>CORP. NOTE</title>
                <cusip>65339KBS8</cusip>
                <identifiers>
                    <isin value="US65339KBS87"/>
                </identifiers>
                <balance>370000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>372737.13</valUSD>
                <pctVal>0.350664720959</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-09-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.749</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>ONEOK INC</name>
                <lei>2T3D6M0JSY48PSZI1Q41</lei>
                <title>CORP. NOTE</title>
                <cusip>682680BH5</cusip>
                <identifiers>
                    <isin value="US682680BH51"/>
                </identifiers>
                <balance>182000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>184538.51</valUSD>
                <pctVal>0.173610676015</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-11-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.55</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>WEC ENERGY GROUP INC</name>
                <lei>549300IGLYTZUK3PVP70</lei>
                <title>CORP. NOTE</title>
                <cusip>92939UAM8</cusip>
                <identifiers>
                    <isin value="US92939UAM80"/>
                </identifiers>
                <balance>262000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>266285.56</valUSD>
                <pctVal>0.250516903408</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-09-12</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.6</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>BARCLAYS PLC</name>
                <lei>213800LBQA1Y9L22JB70</lei>
                <title>CORP. NOTE</title>
                <cusip>06738ECJ2</cusip>
                <identifiers>
                    <isin value="US06738ECJ29"/>
                </identifiers>
                <balance>630000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>647242.64</valUSD>
                <pctVal>0.608914812829</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>GB</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-09-13</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>6.496</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>CANADIAN IMPERIAL BANK OF COMMERCE</name>
                <lei>2IGI19DL77OX0HC3ZE78</lei>
                <title>CORP. NOTE</title>
                <cusip>13607LWT6</cusip>
                <identifiers>
                    <isin value="US13607LWT69"/>
                </identifiers>
                <balance>28000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>28663.53</valUSD>
                <pctVal>0.026966159098</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CA</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-10-02</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.926</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>KENVUE INC</name>
                <lei>5493008HSF8L4M2LIJ82</lei>
                <title>CORP. NOTE</title>
                <cusip>49177JAB8</cusip>
                <identifiers>
                    <isin value="US49177JAB89"/>
                </identifiers>
                <balance>488000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>488942.97</valUSD>
                <pctVal>0.459989189003</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-03-22</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.5</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>CAMDEN PROPERTY TRUST</name>
                <lei>5493002MYX22OHYJBD89</lei>
                <title>CORP. NOTE</title>
                <cusip>133131BA9</cusip>
                <identifiers>
                    <isin value="US133131BA99"/>
                </identifiers>
                <balance>335000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>343463.44</valUSD>
                <pctVal>0.323124533762</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-11-03</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.85</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>MACQUARIE BANK LTD</name>
                <lei>4ZHCHI4KYZG2WVRT8631</lei>
                <title>CORP. NOTE</title>
                <cusip>55608PBQ6</cusip>
                <identifiers>
                    <isin value="US55608PBQ63"/>
                </identifiers>
                <balance>80000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>81355.08</valUSD>
                <pctVal>0.076537468716</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>AU</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-12-07</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.391</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>RABOBANK NEDERLAND NV NY</name>
                <lei>DG3RU1DBUFHT4ZF9WN62</lei>
                <title>CORP. NOTE</title>
                <cusip>21688ABA9</cusip>
                <identifiers>
                    <isin value="US21688ABA97"/>
                </identifiers>
                <balance>300000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>301283</valUSD>
                <pctVal>0.283441896772</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>

                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-01-09</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4.85</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>MERCEDES-BENZ FINANCE NORTH AMERICA LLC</name>
                <lei>549300423Z16BB673J12</lei>
                <title>CORP. NOTE</title>
                <cusip>58769JAP2</cusip>
                <identifiers>
                    <isin value="US58769JAP21"/>
                </identifiers>
                <balance>360000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>360925.79</valUSD>
                <pctVal>0.339552814170</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-01-09</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4.9</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>NATWEST GROUP PLC</name>
                <lei>2138005O9XJIJN4JPN90</lei>
                <title>CORP. NOTE</title>
                <cusip>639057AL2</cusip>
                <identifiers>
                    <isin value="US639057AL28"/>
                </identifiers>
                <balance>324000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>329075.35</valUSD>
                <pctVal>0.309588464616</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>GB</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2028-03-01</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>5.583</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>SKANDINAVISKA ENSKILDA BANKEN AB</name>
                <lei>F3JS33DEI6XQ4ZBPTN86</lei>
                <title>CORP. NOTE</title>
                <cusip>830505AZ6</cusip>
                <identifiers>
                    <isin value="US830505AZ66"/>
                </identifiers>
                <balance>400000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>405119.66</valUSD>
                <pctVal>0.381129651690</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>SE</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-03-05</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.125</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>HYUNDAI CAPITAL AMERICA</name>
                <lei>549300RIPPWJB5Z0FK07</lei>
                <title>CORP. NOTE</title>
                <cusip>44891ACX3</cusip>
                <identifiers>
                    <isin value="US44891ACX37"/>
                </identifiers>
                <balance>369000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>373106.83</valUSD>
                <pctVal>0.351012528400</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>

                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-03-19</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.3</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>NORTHWESTERN MUTUAL GLOBAL FUNDING</name>
                <lei>635400LZXFVELZDVP257</lei>
                <title>CORP. NOTE</title>
                <cusip>66815L2R9</cusip>
                <identifiers>
                    <isin value="US66815L2R98"/>
                </identifiers>
                <balance>114000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>115613.68</valUSD>
                <pctVal>0.108767374037</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-03-25</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.07</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>THE CAMPBELL'S COMPANY</name>
                <lei>5493007JDSMX8Z5Z1902</lei>
                <title>CORP. NOTE</title>
                <cusip>134429BL2</cusip>
                <identifiers>
                    <isin value="US134429BL20"/>
                </identifiers>
                <balance>321000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>323623.95</valUSD>
                <pctVal>0.304459880673</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-03-20</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.3</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>AEGON FUNDING CO LLC</name>
                <lei>KEIOKM01PSK5VZ5CCI74</lei>
                <title>CORP. NOTE</title>
                <cusip>00775VAA2</cusip>
                <identifiers>
                    <isin value="US00775VAA26"/>
                </identifiers>
                <balance>360000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>363537.63</valUSD>
                <pctVal>0.342009988600</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-04-16</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.5</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>OWENS CORNING</name>
                <lei>JO5M6676RDJIZ2U8X907</lei>
                <title>CORP. NOTE</title>
                <cusip>690742AN1</cusip>
                <identifiers>
                    <isin value="US690742AN12"/>
                </identifiers>
                <balance>70000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>71409.06</valUSD>
                <pctVal>0.067180423101</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-06-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.5</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>AIR LEASE CORP</name>
                <lei>5493004NW4M4P8TMMK63</lei>
                <title>CORP. NOTE</title>
                <cusip>00914AAW2</cusip>
                <identifiers>
                    <isin value="US00914AAW27"/>
                </identifiers>
                <balance>137000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>138275.99</valUSD>
                <pctVal>0.130087687933</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-06-25</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.3</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>COREBRIDGE GLOBAL FUNDING</name>
                <lei>54930057MDZ7KOVOTV71</lei>
                <title>CORP. NOTE</title>
                <cusip>00138CAY4</cusip>
                <identifiers>
                    <isin value="US00138CAY49"/>
                </identifiers>
                <balance>225000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>227383.88</valUSD>
                <pctVal>0.213918867784</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-06-24</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.35</annualizedRt>
                    <isDefault>N</isDefault>
                    <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
                    <isPaidKind>N</isPaidKind>
                </debtSec>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>BROADCOM INC</name>
                <lei>549300WV6GIDOZJTV909</lei>
                <title>CORP. NOTE</title>
                <cusip>11135FBZ3</cusip>
                <identifiers>
                    <isin value="US11135FBZ36"/>
                </identifiers>
                <balance>206000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>208102.07</valUSD>
                <pctVal>0.195778870507</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-07-12</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.05</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>ATHENE GLOBAL FUNDING</name>
                <lei>549300LM1QSI4MSIL320</lei>
                <title>CORP. NOTE</title>
                <cusip>04685A3X7</cusip>
                <identifiers>
                    <isin value="US04685A3X78"/>
                </identifiers>
                <balance>240000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>241756.19</valUSD>
                <pctVal>0.227440091376</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-07-09</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.349</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>DTE ENERGY CO</name>
                <lei>549300IX8SD6XXD71I78</lei>
                <title>CORP. NOTE</title>
                <cusip>233331BM8</cusip>
                <identifiers>
                    <isin value="US233331BM83"/>
                </identifiers>
                <balance>60000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>60344.26</valUSD>
                <pctVal>0.056770848384</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-07-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4.95</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>MERCEDES-BENZ FINANCE NORTH AMERICA LLC</name>
                <lei>549300423Z16BB673J12</lei>
                <title>CORP. NOTE</title>
                <cusip>58769JAU1</cusip>
                <identifiers>
                    <isin value="US58769JAU16"/>
                </identifiers>
                <balance>150000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>150426.04</valUSD>
                <pctVal>0.141518247301</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-08-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4.75</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>VOLKSWAGEN GROUP OF AMERICA FINANCE LLC</name>
                <lei>5493002SQ1AVQBY41K40</lei>
                <title>CORP. NOTE</title>
                <cusip>928668CK6</cusip>
                <identifiers>
                    <isin value="US928668CK66"/>
                </identifiers>
                <balance>400000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>398896.82</valUSD>
                <pctVal>0.375275310181</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-08-14</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4.9</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>PRINCIPAL LIFE GLOBAL FUNDING II</name>
                <lei>635400WSLKBQWSOIIT41</lei>
                <title>CORP. NOTE</title>
                <cusip>74256LFA2</cusip>
                <identifiers>
                    <isin value="US74256LFA26"/>
                </identifiers>
                <balance>97000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>97151.29</valUSD>
                <pctVal>0.091398273090</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-08-19</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4.6</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>KROGER CO/THE</name>
                <lei>6CPEOKI6OYJ13Q6O7870</lei>
                <title>CORP. NOTE</title>
                <cusip>501044DR9</cusip>
                <identifiers>
                    <isin value="US501044DR92"/>
                </identifiers>
                <balance>240000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>240839.83</valUSD>
                <pctVal>0.226577995551</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-08-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4.7</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>ATHENE GLOBAL FUNDING</name>
                <lei>549300LM1QSI4MSIL320</lei>
                <title>CORP. NOTE</title>
                <cusip>04685A4A6</cusip>
                <identifiers>
                    <isin value="US04685A4A66"/>
                </identifiers>
                <balance>292000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>291557.86</valUSD>
                <pctVal>0.274292651286</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-08-27</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4.86</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>ILLUMINA INC</name>
                <lei>SQ95QG8SR5Q56LSNF682</lei>
                <title>CORP. NOTE</title>
                <cusip>452327AQ2</cusip>
                <identifiers>
                    <isin value="US452327AQ25"/>
                </identifiers>
                <balance>202000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>201581.62</valUSD>
                <pctVal>0.189644542597</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-09-09</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4.65</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>PROTECTIVE LIFE GLOBAL FUNDING</name>
                <lei>635400EVYITCJYWL2I50</lei>
                <title>CORP. NOTE</title>
                <cusip>74368CBZ6</cusip>
                <identifiers>
                    <isin value="US74368CBZ68"/>
                </identifiers>
                <balance>300000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>297483.32</valUSD>
                <pctVal>0.279867222774</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-09-13</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4.335</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>KINDER MORGAN INC</name>
                <lei>549300WR7IX8XE0TBO16</lei>
                <title>CORPORATE BONDS</title>
                <cusip>49456BAF8</cusip>
                <identifiers>
                    <isin value="US49456BAF85"/>
                </identifiers>
                <balance>328000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>326880.82</valUSD>
                <pctVal>0.307523888302</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-06-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4.3</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>HCA INC</name>
                <lei>L3CJ6J7LJ2DX62FTXD46</lei>
                <title>CORPORATE BONDS</title>
                <cusip>404119BR9</cusip>
                <identifiers>
                    <isin value="US404119BR91"/>
                </identifiers>
                <balance>452000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>452056.84</valUSD>
                <pctVal>0.425287348368</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-02-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.375</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>NETFLIX INC</name>
                <lei>549300Y7VHGU0I7CE873</lei>
                <title>CORPORATE BONDS</title>
                <cusip>64110LAL0</cusip>
                <identifiers>
                    <isin value="US64110LAL09"/>
                </identifiers>
                <balance>310000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>310905.48</valUSD>
                <pctVal>0.292494561486</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-02-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5.875</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>ENERGY TRANSFER LP</name>
                <lei>MTLVN9N7JE8MIBIJ1H73</lei>
                <title>CORPORATE BONDS</title>
                <cusip>29273RBD0</cusip>
                <identifiers>
                    <isin value="US29273RBD08"/>
                </identifiers>
                <balance>196000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>195217.32</valUSD>
                <pctVal>0.183657117938</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-03-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4.05</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>ESSEX PORTFOLIO LP</name>
                <lei>5493003GN3O58H286O74</lei>
                <title>CORPORATE BONDS</title>
                <cusip>29717PAP2</cusip>
                <identifiers>
                    <isin value="US29717PAP27"/>
                </identifiers>
                <balance>448000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>445419.2</valUSD>
                <pctVal>0.419042770109</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-04-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>3.5</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>LENNAR CORP</name>
                <lei>529900G61XVRLX5TJX09</lei>
                <title>CORPORATE BONDS</title>
                <cusip>526057BV5</cusip>
                <identifiers>
                    <isin value="US526057BV57"/>
                </identifiers>
                <balance>381000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>380489</valUSD>
                <pctVal>0.357957547757</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-05-30</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4.75</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>NEXTERA ENERGY CAPITAL HOLDINGS INC</name>
                <lei>UMI46YPGBLUE4VGNNT48</lei>
                <title>CORPORATE BONDS</title>
                <cusip>65339KAT7</cusip>
                <identifiers>
                    <isin value="US65339KAT79"/>
                </identifiers>
                <balance>75000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>73151.57</valUSD>
                <pctVal>0.068819746725</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-05-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>3.55</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>SHERWIN-WILLIAMS CO/THE</name>
                <lei>Z15BMIOX8DDH0X2OBP21</lei>
                <title>CORPORATE BONDS</title>
                <cusip>824348AR7</cusip>
                <identifiers>
                    <isin value="US824348AR78"/>
                </identifiers>
                <balance>237000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>234680.88</valUSD>
                <pctVal>0.220783760662</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-08-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>3.45</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>SIMON PROPERTY GROUP LP</name>
                <lei>MR92GTD0MJTTTTQDVG45</lei>
                <title>CORPORATE BONDS</title>
                <cusip>828807CV7</cusip>
                <identifiers>
                    <isin value="US828807CV75"/>
                </identifiers>
                <balance>195000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>193137.39</valUSD>
                <pctVal>0.181700355344</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-09-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>3.5</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>BOSTON PROPERTIES LP</name>
                <lei>BVHHEFJI6SHNOKQT2572</lei>
                <title>CORPORATE BONDS</title>
                <cusip>10112RAX2</cusip>
                <identifiers>
                    <isin value="US10112RAX26"/>
                </identifiers>
                <balance>241000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>236568.15</valUSD>
                <pctVal>0.222559272020</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-02-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>3.65</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>HYATT HOTELS CORP</name>
                <lei>T27JQIMTYSH41TCD5186</lei>
                <title>CORPORATE BONDS</title>
                <cusip>448579AF9</cusip>
                <identifiers>
                    <isin value="US448579AF96"/>
                </identifiers>
                <balance>46000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>46005.58</valUSD>
                <pctVal>0.043281263322</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-03-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4.85</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>NETFLIX INC</name>
                <lei>549300Y7VHGU0I7CE873</lei>
                <title>CORPORATE BONDS</title>
                <cusip>64110LAN6</cusip>
                <identifiers>
                    <isin value="US64110LAN64"/>
                </identifiers>
                <balance>55000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>54952.97</valUSD>
                <pctVal>0.051698814902</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-11-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4.375</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>UBS GROUP AG</name>
                <lei>549300SZJ9VS8SGXAN81</lei>
                <title>CORPORATE BONDS</title>
                <cusip>225401AC2</cusip>
                <identifiers>
                    <isin value="US225401AC20"/>
                </identifiers>
                <balance>250000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>245133.41</valUSD>
                <pctVal>0.230617322227</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CH</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2028-01-09</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4.282</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>KIMCO REALTY OP LLC</name>
                <lei>549300EA7I6T15IBYS12</lei>
                <title>CORPORATE BONDS</title>
                <cusip>948741AL7</cusip>
                <identifiers>
                    <isin value="US948741AL74"/>
                </identifiers>
                <balance>42000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>41691.11</valUSD>
                <pctVal>0.039222283690</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-06-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>3.85</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>PENSKE TRUCK LEASING CO</name>
                <lei>549300ZX07JYMI8GHQ39</lei>
                <title>DISC. CP</title>
                <cusip>70962AL61</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2734525"/>
                </identifiers>
                <balance>250000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>249791.58</valUSD>
                <pctVal>0.234999648945</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-11-06</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>EVERSOURCE ENERGY</name>
                <lei>SJ7XXD41SQU3ZNWUJ746</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2745583"/>
                </identifiers>
                <balance>584000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>583920.38</valUSD>
                <pctVal>0.549342312946</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-11-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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 HONDA FINANCE CORP</name>
                <lei>B6Q2VFHD1797Q7NZ3E43</lei>
                <title>DISC. CP</title>
                <cusip>02665JMC1</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2737380"/>
                </identifiers>
                <balance>340000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>338077.36</valUSD>
                <pctVal>0.318057401759</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-12-12</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>PPG INDUSTRIES INC</name>
                <lei>549300BKPEP01R3V6C59</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2740886"/>
                </identifiers>
                <balance>500000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>499046.45</valUSD>
                <pctVal>0.469494370295</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-11-14</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>PPG INDUSTRIES INC</name>
                <lei>549300BKPEP01R3V6C59</lei>
                <title>DISC. CP</title>
                <cusip>69350AMK1</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2741452"/>
                </identifiers>
                <balance>500000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>496726.08</valUSD>
                <pctVal>0.467311405859</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-12-19</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>PENSKE TRUCK LEASING CO</name>
                <lei>549300ZX07JYMI8GHQ39</lei>
                <title>DISC. CP</title>
                <cusip>70962AL46</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2741461"/>
                </identifiers>
                <balance>300000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>299833.45</valUSD>
                <pctVal>0.282078184908</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-11-04</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>ALEXANDRIA REAL ESTATE EQUITIES INC</name>
                <lei>MGCJBT4MKTQBVLNUIS88</lei>
                <title>DISC. CP</title>
                <cusip>01527LL86</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2742021"/>
                </identifiers>
                <balance>387000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>386571.52</valUSD>
                <pctVal>0.363679878609</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-11-08</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>NUTRIEN LTD</name>
                <lei>5493002QQ7GD21OWF963</lei>
                <title>DISC. CP</title>
                <cusip>67077UL81</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2742296"/>
                </identifiers>
                <balance>535000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>534410.07</valUSD>
                <pctVal>0.502763859544</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CA</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-11-08</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>TRANSCANADA PIPELINES LTD</name>
                <lei>5BV01I6231JPDAPMGH09</lei>
                <title>DISC. CP</title>
                <cusip>89355PL55</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2742753"/>
                </identifiers>
                <balance>476000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>475674.78</valUSD>
                <pctVal>0.447506702635</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CA</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-11-05</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>ENBRIDGE US INC</name>
                <lei>5493003FRODSVHJWFS32</lei>
                <title>DISC. CP</title>
                <cusip>29251UL89</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2742754"/>
                </identifiers>
                <balance>525000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>524414.25</valUSD>
                <pctVal>0.493359962940</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-11-08</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>OVINTIV INC</name>
                <lei>2549003MEX7YMKLGI239</lei>
                <title>DISC. CP</title>
                <cusip>69047JLL0</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2742908"/>
                </identifiers>
                <balance>500000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>498454.04</valUSD>
                <pctVal>0.468937041092</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-11-20</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>INTERCONTINENTAL EXCHANGE INC</name>
                <lei>5493000F4ZO33MV32P92</lei>
                <title>DISC. CP</title>
                <cusip>45856WL64</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2743036"/>
                </identifiers>
                <balance>525000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>524563.46</valUSD>
                <pctVal>0.493500337158</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-11-06</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>ALIMENTATION COUCHE-TARD INC</name>
                <lei>549300OSW32RVX8CCZ87</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2743063"/>
                </identifiers>
                <balance>473000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>472934.6</valUSD>
                <pctVal>0.444928788127</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CA</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-11-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>MID-AMERICA APARTMENTS LP</name>
                <lei>549300FXWGE3QSYCUJ38</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2743109"/>
                </identifiers>
                <balance>540000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>539926.38</valUSD>
                <pctVal>0.507953509705</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-11-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>ALEXANDRIA REAL ESTATE EQUITIES INC</name>
                <lei>MGCJBT4MKTQBVLNUIS88</lei>
                <title>DISC. CP</title>
                <cusip>01527LL11</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2743269"/>
                </identifiers>
                <balance>494000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>493931.71</valUSD>
                <pctVal>0.464682510325</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-11-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>ENBRIDGE US INC</name>
                <lei>5493003FRODSVHJWFS32</lei>
                <title>DISC. CP</title>
                <cusip>29251ULC0</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2743280"/>
                </identifiers>
                <balance>525000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>524124.34</valUSD>
                <pctVal>0.493087220567</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-11-12</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>ALIMENTATION COUCHE-TARD INC</name>
                <lei>549300OSW32RVX8CCZ87</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2743282"/>
                </identifiers>
                <balance>575000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>574362.14</valUSD>
                <pctVal>0.540350084126</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CA</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-11-08</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>MID-AMERICA APARTMENTS LP</name>
                <lei>549300FXWGE3QSYCUJ38</lei>
                <title>DISC. CP</title>
                <cusip>59524NL42</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2743475"/>
                </identifiers>
                <balance>510000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>509721.4</valUSD>
                <pctVal>0.479537180795</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-11-04</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>UDR INC</name>
                <lei>P3CH2EG5X6Z1XWU1OO74</lei>
                <title>DISC. CP</title>
                <cusip>90352PLN7</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2743484"/>
                </identifiers>
                <balance>571000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>569297.5</valUSD>
                <pctVal>0.535585357381</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-11-22</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>CROWN CASTLE INC</name>
                <lei>54930012H97VSM0I2R19</lei>
                <title>DISC. CP</title>
                <cusip>22823PLE1</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2743485"/>
                </identifiers>
                <balance>271000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>270453.9</valUSD>
                <pctVal>0.254438406433</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-11-14</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>CONAGRA BRANDS INC</name>
                <lei>54930035UDEIH090K650</lei>
                <title>DISC. CP</title>
                <cusip>20600GLD6</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2744138"/>
                </identifiers>
                <balance>255000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>254527.93</valUSD>
                <pctVal>0.239455526069</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-11-13</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>BOSTON PROPERTIES LP</name>
                <lei>BVHHEFJI6SHNOKQT2572</lei>
                <title>DISC. CP</title>
                <cusip>10113BLR7</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2744139"/>
                </identifiers>
                <balance>276000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>275060.83</valUSD>
                <pctVal>0.258772527434</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-11-25</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>TARGA RESOURCES CORP</name>
                <lei>5493003QENHHS261UR94</lei>
                <title>DISC. CP</title>
                <cusip>87613EL78</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2744322"/>
                </identifiers>
                <balance>273000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>272718.39</valUSD>
                <pctVal>0.256568799920</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-11-07</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>CONSTELLATION BRANDS INC</name>
                <lei>5493005GKEG8QCVY7037</lei>
                <title>DISC. CP</title>
                <cusip>21037CL46</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2744658"/>
                </identifiers>
                <balance>250000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>249855.38</valUSD>
                <pctVal>0.235059670894</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-11-04</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>OVINTIV INC</name>
                <lei>2549003MEX7YMKLGI239</lei>
                <title>DISC. CP</title>
                <cusip>69047JLF3</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2744797"/>
                </identifiers>
                <balance>339000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>338204.34</valUSD>
                <pctVal>0.318176862373</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-11-15</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>HUNTINGTON INGALLS INDUSTRIES INC</name>
                <lei>5TZLZ6WJTBVJ0QWBG121</lei>
                <title>DISC. CP</title>
                <cusip>44641LL12</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2744798"/>
                </identifiers>
                <balance>443000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>442935.92</valUSD>
                <pctVal>0.416706542730</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-11-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>CONSTELLATION BRANDS INC</name>
                <lei>5493005GKEG8QCVY7037</lei>
                <title>DISC. CP</title>
                <cusip>21037CL87</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2744803"/>
                </identifiers>
                <balance>250000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>249710.54</valUSD>
                <pctVal>0.234923407898</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-11-08</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>CROWN CASTLE INC</name>
                <lei>54930012H97VSM0I2R19</lei>
                <title>DISC. CP</title>
                <cusip>22823PLL5</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2744810"/>
                </identifiers>
                <balance>250000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>249284.33</valUSD>
                <pctVal>0.234522436815</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-11-20</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>INTERCONTINENTAL EXCHANGE INC</name>
                <lei>5493000F4ZO33MV32P92</lei>
                <title>DISC. CP</title>
                <cusip>45856WL49</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2745217"/>
                </identifiers>
                <balance>250000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>249861.38</valUSD>
                <pctVal>0.235065315591</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-11-04</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>PROTECTIVE LIFE CORP</name>
                <lei>549300ZWIT8J8Y2EXL07</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2745218"/>
                </identifiers>
                <balance>530000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>528478.9</valUSD>
                <pctVal>0.497183916186</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-11-20</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>UDR INC</name>
                <lei>P3CH2EG5X6Z1XWU1OO74</lei>
                <title>DISC. CP</title>
                <cusip>90352PM30</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2745306"/>
                </identifiers>
                <balance>485000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>482843.77</valUSD>
                <pctVal>0.454251165892</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-12-03</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>NUTRIEN LTD</name>
                <lei>5493002QQ7GD21OWF963</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2745309"/>
                </identifiers>
                <balance>250000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>248779.75</valUSD>
                <pctVal>0.234047736575</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CA</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-12-06</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>NUTRIEN LTD</name>
                <lei>5493002QQ7GD21OWF963</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2745311"/>
                </identifiers>
                <balance>250000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>248813.08</valUSD>
                <pctVal>0.234079092869</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CA</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-12-05</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>HUNTINGTON INGALLS INDUSTRIES INC</name>
                <lei>5TZLZ6WJTBVJ0QWBG121</lei>
                <title>DISC. CP</title>
                <cusip>44641LL46</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2745319"/>
                </identifiers>
                <balance>642000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>641627.9</valUSD>
                <pctVal>0.603632561406</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-11-04</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>CONSTELLATION BRANDS INC</name>
                <lei>5493005GKEG8QCVY7037</lei>
                <title>DISC. CP</title>
                <cusip>21037CLJ3</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2745321"/>
                </identifiers>
                <balance>250000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>249354.69</valUSD>
                <pctVal>0.234588630300</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-11-18</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>CONAGRA BRANDS INC</name>
                <lei>54930035UDEIH090K650</lei>
                <title>DISC. CP</title>
                <cusip>20600GL12</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2745329"/>
                </identifiers>
                <balance>731000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>730895.67</valUSD>
                <pctVal>0.687614153628</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-11-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>TARGA RESOURCES CORP</name>
                <lei>5493003QENHHS261UR94</lei>
                <title>DISC. CP</title>
                <cusip>87613EL11</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2745571"/>
                </identifiers>
                <balance>831000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>830877.94</valUSD>
                <pctVal>0.781675764314</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-11-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>ENERGY TRANSFER LP</name>
                <lei>MTLVN9N7JE8MIBIJ1H73</lei>
                <title>DISC. CP</title>
                <cusip>29277EL10</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2745572"/>
                </identifiers>
                <balance>867000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>866881.8</valUSD>
                <pctVal>0.815547580412</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-11-01</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>MICROCHIP TECHNOLOGY INC</name>
                <lei>5493007PTFULNYZJ1R12</lei>
                <title>DISC. CP</title>
                <cusip>N/A</cusip>
                <identifiers>
                    <other otherDesc="Internal ID" value="2735687"/>
                </identifiers>
                <balance>525000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>524703.63</valUSD>
                <pctVal>0.493632206698</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-11-04</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>0</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>PUTNAM INVESTMENT FUNDS-PUTNAM GOVERNMENT MONEY MARKET FUND</name>
                <lei>549300SEUI2XMME8T893</lei>
                <title>SHORT TERM INV FUND</title>
                <cusip>74680A869</cusip>
                <identifiers>
                    <isin value="US74680A8696"/>
                </identifiers>
                <balance>1750100</balance>
                <units>NS</units>
                <curCd>USD</curCd>
                <valUSD>1750100</valUSD>
                <pctVal>1.646464166718</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>STIV</assetCat>
                <issuerCat>PF</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>1</fairValLevel>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>UNITED STATES OF AMERICA</name>
                <lei>254900HROIFWPRGM1V77</lei>
                <title>U.S. T. NOTE</title>
                <cusip>91282CKK6</cusip>
                <identifiers>
                    <isin value="US91282CKK61"/>
                </identifiers>
                <balance>2105000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>2124898.82</valUSD>
                <pctVal>1.999068490389</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>UST</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-04-30</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>4.875</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>UNITED STATES OF AMERICA</name>
                <lei>254900HROIFWPRGM1V77</lei>
                <title>U.S. T. NOTE</title>
                <cusip>91282CJB8</cusip>
                <identifiers>
                    <isin value="US91282CJB81"/>
                </identifiers>
                <balance>583000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>586290.24</valUSD>
                <pctVal>0.551571836727</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>UST</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-09-30</maturityDt>
                    <couponKind>Fixed</couponKind>
                    <annualizedRt>5</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>MARSH  AND  MCLENNAN COS INC</name>
                <lei>549300XMP3KDCKJXIU47</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>571748BZ4</cusip>
                <identifiers>
                    <isin value="US571748BZ47"/>
                </identifiers>
                <balance>155000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>155856.09</valUSD>
                <pctVal>0.146626745529</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-11-08</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.539</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>BANCO SANTANDER SA</name>
                <lei>5493006QMFDDMYWIAM13</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>05964HAX3</cusip>
                <identifiers>
                    <isin value="US05964HAX35"/>
                </identifiers>
                <balance>200000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>206776.7</valUSD>
                <pctVal>0.194531985065</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>ES</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-11-07</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>6.527</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>PEPSICO INC</name>
                <lei>FJSUNZKFNQ5YPJ5OT455</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>713448FU7</cusip>
                <identifiers>
                    <isin value="US713448FU72"/>
                </identifiers>
                <balance>161000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>161024.9</valUSD>
                <pctVal>0.151489473630</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-11-12</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.498</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>WESTPAC BANKING CORP</name>
                <lei>EN5TNI6CI43VEPAMHL14</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>961214FM0</cusip>
                <identifiers>
                    <isin value="US961214FM04"/>
                </identifiers>
                <balance>206000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>206866.36</valUSD>
                <pctVal>0.194616335660</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>AU</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-11-17</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.779</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>MIZUHO FINANCIAL GROUP INC</name>
                <lei>353800CI5L6DDAN5XZ33</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>60687YBY4</cusip>
                <identifiers>
                    <isin value="US60687YBY41"/>
                </identifiers>
                <balance>641000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>642896.69</valUSD>
                <pctVal>0.604826217351</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>JP</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-05-22</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>6.017</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>TOYOTA MOTOR CREDIT CORP</name>
                <lei>Z2VZBHUMB7PWWJ63I008</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>89236TLG8</cusip>
                <identifiers>
                    <isin value="US89236TLG84"/>
                </identifiers>
                <balance>132000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>132293.77</valUSD>
                <pctVal>0.124459717608</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-06-09</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.41</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 HONDA FINANCE CORP</name>
                <lei>B6Q2VFHD1797Q7NZ3E43</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>02665WFA4</cusip>
                <identifiers>
                    <isin value="US02665WFA45"/>
                </identifiers>
                <balance>264000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>264035.75</valUSD>
                <pctVal>0.248400320614</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-02-12</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.648</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 HONDA FINANCE CORP</name>
                <lei>B6Q2VFHD1797Q7NZ3E43</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>02665WFB2</cusip>
                <identifiers>
                    <isin value="US02665WFB28"/>
                </identifiers>
                <balance>248000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>248593.88</valUSD>
                <pctVal>0.233872873256</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-08-14</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.673</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>025816DQ9</cusip>
                <identifiers>
                    <isin value="US025816DQ99"/>
                </identifiers>
                <balance>102000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>102492.74</valUSD>
                <pctVal>0.096423417953</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2028-02-16</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>6.061</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>BANCO SANTANDER SA</name>
                <lei>5493006QMFDDMYWIAM13</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>05964HBA2</cusip>
                <identifiers>
                    <isin value="US05964HBA23"/>
                </identifiers>
                <balance>200000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>202192.2</valUSD>
                <pctVal>0.190218965825</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>ES</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2028-03-14</maturityDt>
                    <couponKind>Variable</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>NORDEA BANK ABP</name>
                <lei>529900ODI3047E2LIV03</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>65558RAF6</cusip>
                <identifiers>
                    <isin value="US65558RAF64"/>
                </identifiers>
                <balance>200000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>200903.97</valUSD>
                <pctVal>0.189007021060</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FI</invCountry>
                <isRestrictedSec>N</isRestrictedSec>
       
                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-03-19</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.606</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>VOLKSWAGEN GROUP OF AMERICA FINANCE LLC</name>
                <lei>5493002SQ1AVQBY41K40</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>928668CD2</cusip>
                <identifiers>
                    <isin value="US928668CD24"/>
                </identifiers>
                <balance>265000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>265341.74</valUSD>
                <pctVal>0.249628973684</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-03-20</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.689</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>HYUNDAI CAPITAL AMERICA</name>
                <lei>549300RIPPWJB5Z0FK07</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>44891ACZ8</cusip>
                <identifiers>
                    <isin value="US44891ACZ84"/>
                </identifiers>
                <balance>260000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>260616.29</valUSD>
                <pctVal>0.245183351093</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>

                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-03-19</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.906</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>NEW YORK LIFE GLOBAL FUNDING</name>
                <lei>635400DPNHEAUHB7ZI15</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>64953BBL1</cusip>
                <identifiers>
                    <isin value="US64953BBL18"/>
                </identifiers>
                <balance>655000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>656585.99</valUSD>
                <pctVal>0.617704876809</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-04-02</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.52</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>PROTECTIVE LIFE GLOBAL FUNDING</name>
                <lei>635400EVYITCJYWL2I50</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>743672AE7</cusip>
                <identifiers>
                    <isin value="US743672AE71"/>
                </identifiers>
                <balance>233000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>233698.34</valUSD>
                <pctVal>0.219859403823</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-04-10</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.544</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>PUBLIC STORAGE OPERATING CO</name>
                <lei>549300LMZF40TKJ6DM64</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>74464AAA9</cusip>
                <identifiers>
                    <isin value="US74464AAA97"/>
                </identifiers>
                <balance>349000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>350678.41</valUSD>
                <pctVal>0.329912254218</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-04-16</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.544</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>MORGAN STANLEY</name>
                <lei>IGJSJL3JD5P30I6NJZ34</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>61747YFP5</cusip>
                <identifiers>
                    <isin value="US61747YFP51"/>
                </identifiers>
                <balance>950000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>969145.38</valUSD>
                <pctVal>0.911755408554</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2028-04-13</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>5.652</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>ATHENE GLOBAL FUNDING</name>
                <lei>549300LM1QSI4MSIL320</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>04685A3W9</cusip>
                <identifiers>
                    <isin value="US04685A3W95"/>
                </identifiers>
                <balance>335000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>334536.84</valUSD>
                <pctVal>0.314726541059</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-05-08</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.957</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 BANK USA/NEW YORK NY</name>
                <lei>KD3XUN7C6T14HNAYLU02</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>38151LAH3</cusip>
                <identifiers>
                    <isin value="US38151LAH33"/>
                </identifiers>
                <balance>543000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>543563.93</valUSD>
                <pctVal>0.511375654571</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-05-21</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.782</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>SOCIETE GENERALE SA</name>
                <lei>O2RNE8IBXP4R0TD8PU41</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>83368RBF8</cusip>
                <identifiers>
                    <isin value="US83368RBF82"/>
                </identifiers>
                <balance>700000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>700907.52</valUSD>
                <pctVal>0.659401814675</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FR</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-01-21</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.892</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 NOVA SCOTIA/THE</name>
                <lei>L3I9ZG2KFGXZ61BMYR72</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>06418GAG2</cusip>
                <identifiers>
                    <isin value="US06418GAG29"/>
                </identifiers>
                <balance>421000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>422004.76</valUSD>
                <pctVal>0.397014865164</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CA</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-06-04</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.747</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>NATIONAL AUSTRALIA BANK LTD</name>
                <lei>F8SB4JFBSYQFRQEH3Z21</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>632525BQ3</cusip>
                <identifiers>
                    <isin value="US632525BQ39"/>
                </identifiers>
                <balance>250000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>250645.41</valUSD>
                <pctVal>0.235802917615</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>AU</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-06-11</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.537</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>JOHN DEERE CAPITAL CORP</name>
                <lei>E0KSF7PFQ210NWI8Z391</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>24422EXS3</cusip>
                <identifiers>
                    <isin value="US24422EXS35"/>
                </identifiers>
                <balance>310000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>310876.3</valUSD>
                <pctVal>0.292467109440</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-06-11</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.512</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>89115A2T8</cusip>
                <identifiers>
                    <isin value="US89115A2T89"/>
                </identifiers>
                <balance>530000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>534369.93</valUSD>
                <pctVal>0.502726096518</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CA</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-07-17</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.923</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>37045XEW2</cusip>
                <identifiers>
                    <isin value="US37045XEW20"/>
                </identifiers>
                <balance>180000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>180075.24</valUSD>
                <pctVal>0.169411707887</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-07-15</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.894</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>DAIMLER TRUCK FINANCE NORTH AMERICA LLC</name>
                <lei>5493003HSDTSCZRXBA58</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>233853AX8</cusip>
                <identifiers>
                    <isin value="US233853AX89"/>
                </identifiers>
                <balance>300000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>300768.78</valUSD>
                <pctVal>0.282958127386</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-09-25</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.819</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>HOME DEPOT INC/THE</name>
                <lei>QEKMOTMBBKA8I816DO57</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>437076CY6</cusip>
                <identifiers>
                    <isin value="US437076CY68"/>
                </identifiers>
                <balance>155000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>155044.59</valUSD>
                <pctVal>0.145863300199</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-12-24</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.196</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>HYUNDAI CAPITAL AMERICA</name>
                <lei>549300RIPPWJB5Z0FK07</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>44891ADE4</cusip>
                <identifiers>
                    <isin value="US44891ADE47"/>
                </identifiers>
                <balance>528000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>528848.34</valUSD>
                <pctVal>0.497531479023</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>

                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-06-24</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.893</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>CANADIAN IMPERIAL BANK OF COMMERCE</name>
                <lei>2IGI19DL77OX0HC3ZE78</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>13607L8D8</cusip>
                <identifiers>
                    <isin value="US13607L8D85"/>
                </identifiers>
                <balance>320000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>321457.28</valUSD>
                <pctVal>0.302421514571</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CA</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-06-28</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.792</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>NATIONAL BANK OF CANADA</name>
                <lei>BSGEFEIOM18Y80CKCV46</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>63307A2Z7</cusip>
                <identifiers>
                    <isin value="US63307A2Z76"/>
                </identifiers>
                <balance>250000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>251029.84</valUSD>
                <pctVal>0.236164582788</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CA</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-07-02</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.88</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>AUSTRALIA  AND  NEW ZEALAND BANKING GROUP LTD</name>
                <lei>JHE42UYNWWTJB8YTTU19</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>05252ADL2</cusip>
                <identifiers>
                    <isin value="US05252ADL26"/>
                </identifiers>
                <balance>482000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>484104.33</valUSD>
                <pctVal>0.455437079194</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>AU</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-07-16</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.532</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>ROYAL BANK OF CANADA</name>
                <lei>ES7IP3U3RHIGC71XBU11</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>78016HZY9</cusip>
                <identifiers>
                    <isin value="US78016HZY97"/>
                </identifiers>
                <balance>455000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>455874.24</valUSD>
                <pctVal>0.428878693040</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CA</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-07-23</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.632</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>MORGAN STANLEY BANK NA</name>
                <lei>G1MLHIS0N32I3QPILB75</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>61690U8D5</cusip>
                <identifiers>
                    <isin value="US61690U8D59"/>
                </identifiers>
                <balance>384000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>385560.98</valUSD>
                <pctVal>0.362729179849</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2028-07-14</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.783</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>025816DX4</cusip>
                <identifiers>
                    <isin value="US025816DX41"/>
                </identifiers>
                <balance>144000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>144829.25</valUSD>
                <pctVal>0.136252882931</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2028-07-26</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.77</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>UNITEDHEALTH GROUP INC</name>
                <lei>549300GHBMY8T5GXDE41</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>91324PFE7</cusip>
                <identifiers>
                    <isin value="US91324PFE79"/>
                </identifiers>
                <balance>192000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>192761.55</valUSD>
                <pctVal>0.181346771496</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-07-15</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.344</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>TOYOTA MOTOR CREDIT CORP</name>
                <lei>Z2VZBHUMB7PWWJ63I008</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>89236TML6</cusip>
                <identifiers>
                    <isin value="US89236TML60"/>
                </identifiers>
                <balance>97000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>97563.51</valUSD>
                <pctVal>0.091786082621</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-08-07</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.877</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>BMW US CAPITAL LLC</name>
                <lei>KK5MZM9DIXLXZL9DZL15</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>05565ECN3</cusip>
                <identifiers>
                    <isin value="US05565ECN31"/>
                </identifiers>
                <balance>145000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>145785.3</valUSD>
                <pctVal>0.137152318430</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-08-13</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.892</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>38145GAN0</cusip>
                <identifiers>
                    <isin value="US38145GAN07"/>
                </identifiers>
                <balance>195000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>195784.61</valUSD>
                <pctVal>0.184190814673</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-08-10</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>6.163</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>CATERPILLAR FINANCIAL SERVICES CORP</name>
                <lei>EDBQKYOPJUCJKLOJDE72</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>14913UAP5</cusip>
                <identifiers>
                    <isin value="US14913UAP57"/>
                </identifiers>
                <balance>145000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>145945.67</valUSD>
                <pctVal>0.137303191785</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-10-16</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.534</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>BMW US CAPITAL LLC</name>
                <lei>KK5MZM9DIXLXZL9DZL15</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>05565ECT0</cusip>
                <identifiers>
                    <isin value="US05565ECT01"/>
                </identifiers>
                <balance>387000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>389357.52</valUSD>
                <pctVal>0.366300899790</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-08-13</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>6.012</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>RABOBANK NEDERLAND NV NY</name>
                <lei>DG3RU1DBUFHT4ZF9WN62</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>21688ABG6</cusip>
                <identifiers>
                    <isin value="US21688ABG67"/>
                </identifiers>
                <balance>250000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>250488.25</valUSD>
                <pctVal>0.235655064173</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>

                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-08-28</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.613</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>MIZUHO MARKETS CAYMAN LP</name>
                <lei>549300KHUXLS6Q30KT26</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>60700JCV5</cusip>
                <identifiers>
                    <isin value="US60700JCV52"/>
                </identifiers>
                <balance>293000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>293266.24</valUSD>
                <pctVal>0.275899865989</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>KY</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-09-23</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.493</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>89115GH77</cusip>
                <identifiers>
                    <isin value="US89115GH770"/>
                </identifiers>
                <balance>395000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>395298.33</valUSD>
                <pctVal>0.371889912295</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CA</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-08-29</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>5.55</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>PACIFIC GAS  AND  ELECTRIC CO</name>
                <lei>1HNPXZSMMB7HMBMVBS46</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>694308KS5</cusip>
                <identifiers>
                    <isin value="US694308KS54"/>
                </identifiers>
                <balance>200000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>200470.24</valUSD>
                <pctVal>0.188598975289</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-09-04</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.899</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>06368L8M1</cusip>
                <identifiers>
                    <isin value="US06368L8M17"/>
                </identifiers>
                <balance>302000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>302660.68</valUSD>
                <pctVal>0.284737994569</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CA</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-09-10</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.81</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>SUMITOMO MITSUI TRUST BANK LTD</name>
                <lei>5493006GGLR4BTEL8O61</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>86563VBW8</cusip>
                <identifiers>
                    <isin value="US86563VBW81"/>
                </identifiers>
                <balance>200000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>201806.29</valUSD>
                <pctVal>0.189855908293</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>JP</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-09-10</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.914</annualizedRt>
                    <isDefault>N</isDefault>
                    <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
                    <isPaidKind>N</isPaidKind>
                </debtSec>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>CREDIT AGRICOLE S.A.</name>
                <lei>969500TJ5KRTCJQWXH05</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>22535WAM9</cusip>
                <identifiers>
                    <isin value="US22535WAM91"/>
                </identifiers>
                <balance>290000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>292650.74</valUSD>
                <pctVal>0.275320814110</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FR</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2028-09-11</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>6.122</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>CANADIAN IMPERIAL BANK OF COMMERCE</name>
                <lei>2IGI19DL77OX0HC3ZE78</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>13607PHU1</cusip>
                <identifiers>
                    <isin value="US13607PHU12"/>
                </identifiers>
                <balance>402000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>403372.73</valUSD>
                <pctVal>0.379486169805</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CA</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-09-11</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.842</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 NOVA SCOTIA/THE</name>
                <lei>L3I9ZG2KFGXZ61BMYR72</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>06418GAM9</cusip>
                <identifiers>
                    <isin value="US06418GAM96"/>
                </identifiers>
                <balance>402000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>402950.09</valUSD>
                <pctVal>0.379088557317</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CA</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2028-09-08</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.914</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>MIZUHO MARKETS CAYMAN LP</name>
                <lei>549300KHUXLS6Q30KT26</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>60700JCW3</cusip>
                <identifiers>
                    <isin value="US60700JCW36"/>
                </identifiers>
                <balance>301000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>301093.51</valUSD>
                <pctVal>0.283263627819</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>KY</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-10-06</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.445</annualizedRt>
                    <isDefault>N</isDefault>
                    <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
                    <isPaidKind>N</isPaidKind>
                </debtSec>
                <securityLending>
                    <isCashCollateral>N</isCashCollateral>
                    <isNonCashCollateral>N</isNonCashCollateral>
                    <isLoanByFund>N</isLoanByFund>
                </securityLending>
            </invstOrSec>
            <invstOrSec>
                <name>CREDIT AGRICOLE S.A.</name>
                <lei>969500TJ5KRTCJQWXH05</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>22535WAL1</cusip>
                <identifiers>
                    <isin value="US22535WAL19"/>
                </identifiers>
                <balance>352000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>349296.09</valUSD>
                <pctVal>0.328611791189</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FR</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2028-09-11</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>4.631</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>AUSTRALIA  AND  NEW ZEALAND BANKING GROUP LTD</name>
                <lei>JHE42UYNWWTJB8YTTU19</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>05252ADM0</cusip>
                <identifiers>
                    <isin value="US05252ADM09"/>
                </identifiers>
                <balance>250000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>250651.07</valUSD>
                <pctVal>0.235808242446</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>AU</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-09-30</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.508</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>HYUNDAI CAPITAL AMERICA</name>
                <lei>549300RIPPWJB5Z0FK07</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>44891ADJ3</cusip>
                <identifiers>
                    <isin value="US44891ADJ34"/>
                </identifiers>
                <balance>249000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>249304.4</valUSD>
                <pctVal>0.234541318328</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>

                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-09-24</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.882</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 NEW YORK MELLON CORP/THE</name>
                <lei>WFLLPEPC7FZXENRZV188</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>06406RBY2</cusip>
                <identifiers>
                    <isin value="US06406RBY27"/>
                </identifiers>
                <balance>102000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>102401.61</valUSD>
                <pctVal>0.096337684406</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2028-07-21</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.672</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 AMERICA CORP</name>
                <lei>9DJT3UXIJIZJI4WXO774</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>06051GKH1</cusip>
                <identifiers>
                    <isin value="US06051GKH10"/>
                </identifiers>
                <balance>135000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>135917.54</valUSD>
                <pctVal>0.127868898485</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2028-02-04</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>6.19</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>NATIONWIDE BUILDING SOCIETY</name>
                <lei>549300XFX12G42QIKN82</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>63861VAG2</cusip>
                <identifiers>
                    <isin value="US63861VAG23"/>
                </identifiers>
                <balance>200000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>201492.61</valUSD>
                <pctVal>0.189560803510</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>GB</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2028-02-16</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>6.351</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>JPMORGAN CHASE  AND  CO</name>
                <lei>8I5DZWZKVSZI1NUHU748</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>46647PEF9</cusip>
                <identifiers>
                    <isin value="US46647PEF99"/>
                </identifiers>
                <balance>92000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>92419.37</valUSD>
                <pctVal>0.086946563634</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2028-04-22</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.761</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>TOYOTA MOTOR CREDIT CORP</name>
                <lei>Z2VZBHUMB7PWWJ63I008</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>89236TMR3</cusip>
                <identifiers>
                    <isin value="US89236TMR31"/>
                </identifiers>
                <balance>149000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>149106.1</valUSD>
                <pctVal>0.140276470310</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-04-10</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.294</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>ROYAL BANK OF CANADA</name>
                <lei>ES7IP3U3RHIGC71XBU11</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>78017FZR7</cusip>
                <identifiers>
                    <isin value="US78017FZR71"/>
                </identifiers>
                <balance>255000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>255383.4</valUSD>
                <pctVal>0.240260337623</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CA</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-10-18</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.563</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>BANQUE FEDERATIVE DU CREDIT MUTUEL SA</name>
                <lei>VBHFXSYT7OG62HNT8T76</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>06675DCL4</cusip>
                <identifiers>
                    <isin value="US06675DCL47"/>
                </identifiers>
                <balance>405000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>407018.63</valUSD>
                <pctVal>0.382916170208</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FR</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2028-02-16</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>6.131</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>JPMORGAN CHASE  AND  CO</name>
                <lei>8I5DZWZKVSZI1NUHU748</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>46647PEN2</cusip>
                <identifiers>
                    <isin value="US46647PEN24"/>
                </identifiers>
                <balance>195000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>195467.85</valUSD>
                <pctVal>0.183892812279</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2028-10-22</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.701</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>STATE STREET CORP</name>
                <lei>549300ZFEEJ2IP5VME73</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>857477CQ4</cusip>
                <identifiers>
                    <isin value="US857477CQ47"/>
                </identifiers>
                <balance>172000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>172699.25</valUSD>
                <pctVal>0.162472502568</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-10-22</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.509</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>US BANK NA/CINCINNATI OH</name>
                <lei>6BYL5QZYBDK8S7L73M02</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>90331HPP2</cusip>
                <identifiers>
                    <isin value="US90331HPP28"/>
                </identifiers>
                <balance>510000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>508118.75</valUSD>
                <pctVal>0.478029435068</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-10-22</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>4.507</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 HONDA FINANCE CORP</name>
                <lei>B6Q2VFHD1797Q7NZ3E43</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>02665WFS5</cusip>
                <identifiers>
                    <isin value="US02665WFS52"/>
                </identifiers>
                <balance>257000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>257118.67</valUSD>
                <pctVal>0.241892849979</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-10-22</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.559</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>89115A2Z4</cusip>
                <identifiers>
                    <isin value="US89115A2Z40"/>
                </identifiers>
                <balance>200000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>200295.06</valUSD>
                <pctVal>0.188434168939</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CA</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-10-10</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.324</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>38141GVX9</cusip>
                <identifiers>
                    <isin value="US38141GVX95"/>
                </identifiers>
                <balance>11000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>11270.4</valUSD>
                <pctVal>0.010602999683</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-10-28</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>6.629</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>DEUTSCHE BANK AG/NEW YORK NY</name>
                <lei>7LTWFZYICNSX8D621K86</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>251526CB3</cusip>
                <identifiers>
                    <isin value="US251526CB33"/>
                </identifiers>
                <balance>512000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>511336.01</valUSD>
                <pctVal>0.481056178285</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>

                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-11-26</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>3.961</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>JPMORGAN CHASE  AND  CO</name>
                <lei>8I5DZWZKVSZI1NUHU748</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>46647PBH8</cusip>
                <identifiers>
                    <isin value="US46647PBH82"/>
                </identifiers>
                <balance>250000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>247171.56</valUSD>
                <pctVal>0.232534778911</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-03-13</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>2.005</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>JPMORGAN CHASE  AND  CO</name>
                <lei>8I5DZWZKVSZI1NUHU748</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>46647PBK1</cusip>
                <identifiers>
                    <isin value="US46647PBK12"/>
                </identifiers>
                <balance>215000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>212029.82</valUSD>
                <pctVal>0.199474030573</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-04-22</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>2.083</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>DEUTSCHE BANK AG/NEW YORK NY</name>
                <lei>7LTWFZYICNSX8D621K86</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>251526CE7</cusip>
                <identifiers>
                    <isin value="US251526CE71"/>
                </identifiers>
                <balance>265000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>256776.19</valUSD>
                <pctVal>0.241570650649</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>

                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-11-24</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>2.129</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>BANQUE FEDERATIVE DU CREDIT MUTUEL SA</name>
                <lei>VBHFXSYT7OG62HNT8T76</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>06675FAW7</cusip>
                <identifiers>
                    <isin value="US06675FAW77"/>
                </identifiers>
                <balance>702000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>702364.22</valUSD>
                <pctVal>0.660772253137</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FR</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-02-04</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.55</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>WESTPAC BANKING CORP</name>
                <lei>EN5TNI6CI43VEPAMHL14</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>961214EV1</cusip>
                <identifiers>
                    <isin value="US961214EV12"/>
                </identifiers>
                <balance>769000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>769213.13</valUSD>
                <pctVal>0.723662565061</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>AU</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-11-18</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.359</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>DAIMLER TRUCK FINANCE NORTH AMERICA LLC</name>
                <lei>5493003HSDTSCZRXBA58</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>233853AE0</cusip>
                <identifiers>
                    <isin value="US233853AE09"/>
                </identifiers>
                <balance>209000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>209142.34</valUSD>
                <pctVal>0.196757538743</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2024-12-13</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.68</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>NATIONAL AUSTRALIA BANK LTD</name>
                <lei>F8SB4JFBSYQFRQEH3Z21</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>6325C0EA5</cusip>
                <identifiers>
                    <isin value="US6325C0EA59"/>
                </identifiers>
                <balance>588000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>588016.99</valUSD>
                <pctVal>0.553196333613</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>5.231</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>NEW YORK LIFE GLOBAL FUNDING</name>
                <lei>635400DPNHEAUHB7ZI15</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>64952WEL3</cusip>
                <identifiers>
                    <isin value="US64952WEL37"/>
                </identifiers>
                <balance>184000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>184074.08</valUSD>
                <pctVal>0.173173748210</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-01-14</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.173</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>603000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>603696.27</valUSD>
                <pctVal>0.567947132242</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>5.659</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>MORGAN STANLEY</name>
                <lei>IGJSJL3JD5P30I6NJZ34</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>61747YEM3</cusip>
                <identifiers>
                    <isin value="US61747YEM30"/>
                </identifiers>
                <balance>115000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>114119.26</valUSD>
                <pctVal>0.107361449244</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-02-18</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>2.63</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>668000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>669195.81</valUSD>
                <pctVal>0.629567979934</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>5.897</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>158000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>158332.4</valUSD>
                <pctVal>0.148956415651</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>5.64</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>METROPOLITAN LIFE GLOBAL FUNDING I</name>
                <lei>635400MMSOCXNNNZDZ82</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>59217GEX3</cusip>
                <identifiers>
                    <isin value="US59217GEX34"/>
                </identifiers>
                <balance>935000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>937481.65</valUSD>
                <pctVal>0.881966712577</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-03-21</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.763</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>MASSMUTUAL GLOBAL FUNDING II</name>
                <lei>549300K1IE3K7YU6VG29</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>57629WDH0</cusip>
                <identifiers>
                    <isin value="US57629WDH07"/>
                </identifiers>
                <balance>912000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>914361.45</valUSD>
                <pctVal>0.860215623595</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-03-21</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.723</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>ING GROEP NV</name>
                <lei>549300NYKK9MWM7GGW15</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>456837BA0</cusip>
                <identifiers>
                    <isin value="US456837BA00"/>
                </identifiers>
                <balance>200000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>198898.74</valUSD>
                <pctVal>0.187120534950</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>NL</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-03-28</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>3.869</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>BMW US CAPITAL LLC</name>
                <lei>KK5MZM9DIXLXZL9DZL15</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>05565EBY0</cusip>
                <identifiers>
                    <isin value="US05565EBY05"/>
                </identifiers>
                <balance>647000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>648518.35</valUSD>
                <pctVal>0.610114978992</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-04-01</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.692</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 NEW YORK MELLON CORP/THE</name>
                <lei>WFLLPEPC7FZXENRZV188</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>06406RBE6</cusip>
                <identifiers>
                    <isin value="US06406RBE62"/>
                </identifiers>
                <balance>661000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>662191.54</valUSD>
                <pctVal>0.622978482437</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-04-25</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.46</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>JPMORGAN CHASE  AND  CO</name>
                <lei>8I5DZWZKVSZI1NUHU748</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>46647PCZ7</cusip>
                <identifiers>
                    <isin value="US46647PCZ71"/>
                </identifiers>
                <balance>730000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>726464.92</valUSD>
                <pctVal>0.683445779760</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-04-26</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>4.08</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>UBS GROUP AG</name>
                <lei>549300SZJ9VS8SGXAN81</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>902613AM0</cusip>
                <identifiers>
                    <isin value="US902613AM00"/>
                </identifiers>
                <balance>405000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>403440.13</valUSD>
                <pctVal>0.379549578573</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CH</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-05-12</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>4.488</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>KEYCORP</name>
                <lei>RKPI3RZGV1V1FJTH5T61</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>49326EEL3</cusip>
                <identifiers>
                    <isin value="US49326EEL39"/>
                </identifiers>
                <balance>150000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>150456.13</valUSD>
                <pctVal>0.141546555459</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-05-23</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>6.271</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>DEUTSCHE BANK AG/NEW YORK NY</name>
                <lei>7LTWFZYICNSX8D621K86</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>25160PAJ6</cusip>
                <identifiers>
                    <isin value="US25160PAJ66"/>
                </identifiers>
                <balance>280000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>281636.15</valUSD>
                <pctVal>0.264958476103</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>

                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-07-14</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>6.119</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>TRUIST FINANCIAL CORP</name>
                <lei>549300DRQQI75D2JP341</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>89788MAH5</cusip>
                <identifiers>
                    <isin value="US89788MAH51"/>
                </identifiers>
                <balance>100000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>99404.66</valUSD>
                <pctVal>0.093518205071</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-07-28</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>4.26</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>CAPITAL ONE FINANCIAL CORP</name>
                <lei>ZUE8T73ROZOF6FLBAR73</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>14040HCU7</cusip>
                <identifiers>
                    <isin value="US14040HCU77"/>
                </identifiers>
                <balance>644000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>643447.65</valUSD>
                <pctVal>0.605344551102</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-07-24</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>4.985</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>MACQUARIE GROUP LTD</name>
                <lei>ACMHD8HWFMFUIQQ8Y590</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>55608JBF4</cusip>
                <identifiers>
                    <isin value="US55608JBF49"/>
                </identifiers>
                <balance>199000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>199031.86</valUSD>
                <pctVal>0.187245771970</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>AU</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-08-09</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>5.108</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>LLOYDS BANKING GROUP PLC</name>
                <lei>549300PPXHEU2JF0AM85</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>53944YAT0</cusip>
                <identifiers>
                    <isin value="US53944YAT01"/>
                </identifiers>
                <balance>200000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>199274.66</valUSD>
                <pctVal>0.187474194060</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>GB</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-08-11</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>4.716</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>BARCLAYS PLC</name>
                <lei>213800LBQA1Y9L22JB70</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>06738EBZ7</cusip>
                <identifiers>
                    <isin value="US06738EBZ79"/>
                </identifiers>
                <balance>200000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>200133.95</valUSD>
                <pctVal>0.188282599405</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>GB</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-08-09</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>5.304</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>UBS GROUP AG</name>
                <lei>549300SZJ9VS8SGXAN81</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>225401AY4</cusip>
                <identifiers>
                    <isin value="US225401AY40"/>
                </identifiers>
                <balance>645000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>650084.4</valUSD>
                <pctVal>0.611588292065</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>CH</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-07-15</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>6.373</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>BANCO BILBAO VIZCAYA ARGENTARIA SA</name>
                <lei>K8MS7FD7N5Z2WQ51AZ71</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>05946KAK7</cusip>
                <identifiers>
                    <isin value="US05946KAK79"/>
                </identifiers>
                <balance>800000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>804180.78</valUSD>
                <pctVal>0.756559532503</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>ES</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-09-14</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>5.862</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>DNB BANK ASA</name>
                <lei>549300GKFG0RYRRQ1414</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>23341CAC7</cusip>
                <identifiers>
                    <isin value="US23341CAC73"/>
                </identifiers>
                <balance>963000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>970970.61</valUSD>
                <pctVal>0.913472553740</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>NO</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-10-09</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>5.896</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>MORGAN STANLEY</name>
                <lei>IGJSJL3JD5P30I6NJZ34</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>61747YEX9</cusip>
                <identifiers>
                    <isin value="US61747YEX94"/>
                </identifiers>
                <balance>117000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>118366.01</valUSD>
                <pctVal>0.111356719057</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-10-16</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>6.138</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>BARCLAYS PLC</name>
                <lei>213800LBQA1Y9L22JB70</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>06738ECC7</cusip>
                <identifiers>
                    <isin value="US06738ECC75"/>
                </identifiers>
                <balance>287000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>293038.62</valUSD>
                <pctVal>0.275685724984</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>GB</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-11-02</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>7.325</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>HUNTINGTON NATIONAL BANK/THE</name>
                <lei>2WHM8VNJH63UN14OL754</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>44644MAH4</cusip>
                <identifiers>
                    <isin value="US44644MAH43"/>
                </identifiers>
                <balance>834000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>833991.19</valUSD>
                <pctVal>0.784604656701</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-11-18</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>5.699</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>SANTANDER UK GROUP HOLDINGS PLC</name>
                <lei>549300F5XIFGNNW4CF72</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>80281LAS4</cusip>
                <identifiers>
                    <isin value="US80281LAS43"/>
                </identifiers>
                <balance>200000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>203251.9</valUSD>
                <pctVal>0.191215913472</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>GB</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-11-21</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>6.833</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>BPCE SA</name>
                <lei>9695005MSX1OYEMGDF46</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>05583JAN2</cusip>
                <identifiers>
                    <isin value="US05583JAN28"/>
                </identifiers>
                <balance>719000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>725981.86</valUSD>
                <pctVal>0.682991325168</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FR</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-01-18</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>5.975</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 AMERICA CORP</name>
                <lei>9DJT3UXIJIZJI4WXO774</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>06051GLE7</cusip>
                <identifiers>
                    <isin value="US06051GLE79"/>
                </identifiers>
                <balance>250000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>250689.25</valUSD>
                <pctVal>0.235844161537</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-01-20</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>5.08</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>PNC FINANCIAL SERVICES GROUP INC/THE</name>
                <lei>CFGNEKW0P8842LEUIA51</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>693475BL8</cusip>
                <identifiers>
                    <isin value="US693475BL85"/>
                </identifiers>
                <balance>786000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>785521.91</valUSD>
                <pctVal>0.739005586530</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-01-26</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>4.758</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>CITIZENS BANK NA/PROVIDENCE RI</name>
                <lei>DRMSV1Q0EKMEXLAU1P80</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>75524KQB3</cusip>
                <identifiers>
                    <isin value="US75524KQB34"/>
                </identifiers>
                <balance>505000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>504540.35</valUSD>
                <pctVal>0.474662937511</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>Variable</couponKind>
                    <annualizedRt>5.284</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>PACIFIC LIFE GLOBAL FUNDING II</name>
                <lei>6354003EUPCHXTWUU869</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>6944PL2M0</cusip>
                <identifiers>
                    <isin value="US6944PL2M06"/>
                </identifiers>
                <balance>318000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>318680.19</valUSD>
                <pctVal>0.299808875766</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-03-30</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.652</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>ING GROEP NV</name>
                <lei>549300NYKK9MWM7GGW15</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>456837BD4</cusip>
                <identifiers>
                    <isin value="US456837BD49"/>
                </identifiers>
                <balance>601000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>603951.75</valUSD>
                <pctVal>0.568187483459</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>NL</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-03-28</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>6.492</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>TOYOTA MOTOR CREDIT CORP</name>
                <lei>Z2VZBHUMB7PWWJ63I008</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>89236TJU0</cusip>
                <identifiers>
                    <isin value="US89236TJU07"/>
                </identifiers>
                <balance>219000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>219064.66</valUSD>
                <pctVal>0.206092287803</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-01-13</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.163</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>NATWEST GROUP PLC</name>
                <lei>2138005O9XJIJN4JPN90</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>639057AJ7</cusip>
                <identifiers>
                    <isin value="US639057AJ71"/>
                </identifiers>
                <balance>851000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>861212.57</valUSD>
                <pctVal>0.810214065729</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>GB</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-03-02</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>5.847</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>MITSUBISHI UFJ FINANCIAL GROUP INC</name>
                <lei>353800V2V8PUY9TK3E06</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>606822DA9</cusip>
                <identifiers>
                    <isin value="US606822DA96"/>
                </identifiers>
                <balance>618000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>618808.54</valUSD>
                <pctVal>0.582164497554</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>JP</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-04-17</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>5.541</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>STATE STREET CORP</name>
                <lei>549300ZFEEJ2IP5VME73</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>857477CB7</cusip>
                <identifiers>
                    <isin value="US857477CB77"/>
                </identifiers>
                <balance>631000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>630973.72</valUSD>
                <pctVal>0.593609290967</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-05-18</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>5.104</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 NEW YORK MELLON/THE</name>
                <lei>HPFHU0OQ28E4N0NFVK49</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>06405LAD3</cusip>
                <identifiers>
                    <isin value="US06405LAD38"/>
                </identifiers>
                <balance>250000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>250407.33</valUSD>
                <pctVal>0.235578936020</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-05-22</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>5.148</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>PNC FINANCIAL SERVICES GROUP INC/THE</name>
                <lei>CFGNEKW0P8842LEUIA51</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>693475BQ7</cusip>
                <identifiers>
                    <isin value="US693475BQ72"/>
                </identifiers>
                <balance>367000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>368721.86</valUSD>
                <pctVal>0.346887223573</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-06-12</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>5.812</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>PUBLIC STORAGE OPERATING CO</name>
                <lei>549300LMZF40TKJ6DM64</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>74460WAJ6</cusip>
                <identifiers>
                    <isin value="US74460WAJ62"/>
                </identifiers>
                <balance>197000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>197537.61</valUSD>
                <pctVal>0.185840007110</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-07-25</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.44</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>LLOYDS BANKING GROUP PLC</name>
                <lei>549300PPXHEU2JF0AM85</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>539439AY5</cusip>
                <identifiers>
                    <isin value="US539439AY57"/>
                </identifiers>
                <balance>200000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>203767.42</valUSD>
                <pctVal>0.191700905877</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>GB</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-08-07</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>5.985</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>STATE STREET CORP</name>
                <lei>549300ZFEEJ2IP5VME73</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>857477CE1</cusip>
                <identifiers>
                    <isin value="US857477CE17"/>
                </identifiers>
                <balance>97000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>97665.82</valUSD>
                <pctVal>0.091882334120</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-08-03</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.985</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>38145GAM2</cusip>
                <identifiers>
                    <isin value="US38145GAM24"/>
                </identifiers>
                <balance>314000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>316005.95</valUSD>
                <pctVal>0.297292996483</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-08-10</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>5.798</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>025816DD8</cusip>
                <identifiers>
                    <isin value="US025816DD86"/>
                </identifiers>
                <balance>19000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>19081.25</valUSD>
                <pctVal>0.017951313857</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>Floating</couponKind>
                    <annualizedRt>5.852</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>ABN AMRO BANK NV</name>
                <lei>BFXS5XCH7N0Y05NIXW11</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>00084DBA7</cusip>
                <identifiers>
                    <isin value="US00084DBA72"/>
                </identifiers>
                <balance>300000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>307820.74</valUSD>
                <pctVal>0.289592490819</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>NL</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-09-18</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>6.339</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>BPCE SA</name>
                <lei>9695005MSX1OYEMGDF46</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>05571AAN5</cusip>
                <identifiers>
                    <isin value="US05571AAN54"/>
                </identifiers>
                <balance>250000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>251278.21</valUSD>
                <pctVal>0.236398245039</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>FR</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-09-25</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.819</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 AMERICA CORP</name>
                <lei>9DJT3UXIJIZJI4WXO774</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>06051GLV9</cusip>
                <identifiers>
                    <isin value="US06051GLV94"/>
                </identifiers>
                <balance>753000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>769193.77</valUSD>
                <pctVal>0.723644351504</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-09-15</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>5.933</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>COREBRIDGE GLOBAL FUNDING</name>
                <lei>54930057MDZ7KOVOTV71</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>00138CAW8</cusip>
                <identifiers>
                    <isin value="US00138CAW82"/>
                </identifiers>
                <balance>390000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>394354.04</valUSD>
                <pctVal>0.371001540404</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-09-25</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>6.153</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>ABN AMRO BANK NV</name>
                <lei>BFXS5XCH7N0Y05NIXW11</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>00084DBC3</cusip>
                <identifiers>
                    <isin value="US00084DBC39"/>
                </identifiers>
                <balance>400000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>404831.38</valUSD>
                <pctVal>0.380858442793</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>NL</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-10-13</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>6.575</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>025816DJ5</cusip>
                <identifiers>
                    <isin value="US025816DJ56"/>
                </identifiers>
                <balance>80000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>80505.12</valUSD>
                <pctVal>0.075737840876</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-07-28</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.81</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>NATIONWIDE BUILDING SOCIETY</name>
                <lei>549300XFX12G42QIKN82</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>63861VAJ6</cusip>
                <identifiers>
                    <isin value="US63861VAJ61"/>
                </identifiers>
                <balance>200000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>206170</valUSD>
                <pctVal>0.193961212075</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>GB</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-10-18</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>6.557</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>LLOYDS BANKING GROUP PLC</name>
                <lei>549300PPXHEU2JF0AM85</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>53944YAW3</cusip>
                <identifiers>
                    <isin value="US53944YAW30"/>
                </identifiers>
                <balance>200000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>202853.09</valUSD>
                <pctVal>0.190840719841</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>GB</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-08-07</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>6.703</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 HONDA FINANCE CORP</name>
                <lei>B6Q2VFHD1797Q7NZ3E43</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>02665WET4</cusip>
                <identifiers>
                    <isin value="US02665WET45"/>
                </identifiers>
                <balance>173000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>173449.08</valUSD>
                <pctVal>0.163177929816</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2025-04-23</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>5.621</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>ING GROEP NV</name>
                <lei>549300NYKK9MWM7GGW15</lei>
                <title>VAR.RT. CORP. BONDS</title>
                <cusip>456837BJ1</cusip>
                <identifiers>
                    <isin value="US456837BJ19"/>
                </identifiers>
                <balance>200000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>202982.35</valUSD>
                <pctVal>0.190962325439</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>NL</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2027-09-11</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>6.472</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>025816DM8</cusip>
                <identifiers>
                    <isin value="US025816DM85"/>
                </identifiers>
                <balance>8000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>8061.89</valUSD>
                <pctVal>0.007584488316</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-10-30</maturityDt>
                    <couponKind>Floating</couponKind>
                    <annualizedRt>6.189</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>025816DL0</cusip>
                <identifiers>
                    <isin value="US025816DL03"/>
                </identifiers>
                <balance>156000</balance>
                <units>PA</units>
                <curCd>USD</curCd>
                <valUSD>158201.57</valUSD>
                <pctVal>0.148833333023</pctVal>
                <payoffProfile>Long</payoffProfile>
                <assetCat>DBT</assetCat>
                <issuerCat>CORP</issuerCat>
                <invCountry>US</invCountry>
                <isRestrictedSec>N</isRestrictedSec>

                <fairValLevel>2</fairValLevel>
                <debtSec>
                    <maturityDt>2026-10-30</maturityDt>
                    <couponKind>Variable</couponKind>
                    <annualizedRt>6.338</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>2024-12-23</ncom:dateSigned>
            <ncom:nameOfApplicant>Putnam ETF Trust</ncom:nameOfApplicant>
            <ncom:signature>Kevin R Blatchford</ncom:signature>
            <ncom:signerName>Kevin R Blatchford</ncom:signerName>
            <ncom:title>Assistant Treasurer</ncom:title>
        </signature>
    </formData>
</edgarSubmission>
