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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>OMAN SOVEREIGN 4.875% 06/15/30</name>
        <lei>N/A</lei>
        <title>OMAN SOVEREIGN SUKUK REGD REG S 4.87500000</title>
        <cusip>M7S2D9AF0</cusip>
        <identifiers>
          <isin value="XS2351310482"/>
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        <balance>1400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1395576.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>OM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ROMANIA 7.125% 01/17/33</name>
        <lei>N/A</lei>
        <title>ROMANIA REGD REG S 7.12500000</title>
        <cusip>X7360WCQ3</cusip>
        <identifiers>
          <isin value="XS2571923007"/>
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        <balance>1310000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1322824.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>RO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>FED REPUBLIC OF 6.25% 03/18/31</name>
        <lei>N/A</lei>
        <title>FED REPUBLIC OF BRAZIL REGD 6.25000000</title>
        <cusip>105756CG3</cusip>
        <identifiers>
          <isin value="US105756CG37"/>
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        <balance>925000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>955987.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>REPUBLICA ORIE 7.625% 03/21/36</name>
        <lei>N/A</lei>
        <title>REPUBLICA ORIENT URUGUAY REGD 7.62500000</title>
        <cusip>760942AS1</cusip>
        <identifiers>
          <isin value="US760942AS16"/>
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        <balance>750000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>889687.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>UY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-03-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.62500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HUNGARIAN DEVELO 6.5% 06/29/28</name>
        <lei>N/A</lei>
        <title>HUNGARIAN DEVELOPMENT BA REGD REG S 6.50000000</title>
        <cusip>X5S5VDBM0</cusip>
        <identifiers>
          <isin value="XS2630760796"/>
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        <balance>925000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>953910.88000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>HU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MDGH SUKUK LTD 4.959% 04/04/34</name>
        <lei>254900HY0LLN41F9J831</lei>
        <title>MDGH SUKUK LTD REGD REG S EMTN 4.95900000</title>
        <cusip>M67798AA2</cusip>
        <identifiers>
          <isin value="XS2797416760"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>406152.00000000</valUSD>
        <pctVal>0.118305018628</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.95900000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HAZINE MUSTESARL 6.5% 04/26/30</name>
        <lei>N/A</lei>
        <title>HAZINE MUSTESARLIGI VARL REGD REG S 6.50000000</title>
        <cusip>M53008AD6</cusip>
        <identifiers>
          <isin value="XS2900389870"/>
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        <balance>700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>695187.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>INDONESIA GOVT S 5.6% 11/15/33</name>
        <lei>N/A</lei>
        <title>INDONESIA GOVT SUKUK REGD REG S EMTN 5.60000000</title>
        <cusip>71567RAY2</cusip>
        <identifiers>
          <isin value="US71567RAY27"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>206800.00000000</valUSD>
        <pctVal>0.060237245790</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.60000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ROMANIA 6% 05/25/34</name>
        <lei>N/A</lei>
        <title>ROMANIA REGD REG S EMTN 6.00000000</title>
        <cusip>X7360WCG5</cusip>
        <identifiers>
          <isin value="XS2485249523"/>
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        <balance>850000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>785187.50000000</valUSD>
        <pctVal>0.228711472095</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>RO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>INDONESIA GOVT  2.55% 06/09/31</name>
        <lei>N/A</lei>
        <title>INDONESIA GOVT SUKUK REGD REG S 2.55000000</title>
        <cusip>71567RAS5</cusip>
        <identifiers>
          <isin value="US71567RAS58"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>219062.50000000</valUSD>
        <pctVal>0.063809098916</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.55000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>REPUBLIC OF INDO 3.5% 01/11/28</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF INDONESIA REGD 3.50000000</title>
        <cusip>455780CD6</cusip>
        <identifiers>
          <isin value="US455780CD62"/>
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        <balance>325000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>318500.00000000</valUSD>
        <pctVal>0.092773514431</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>REPUBLIC OF POL 3.25% 04/06/26</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF POLAND REGD 3.25000000</title>
        <cusip>731011AU6</cusip>
        <identifiers>
          <isin value="US731011AU68"/>
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        <balance>1120000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1108296.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MDGH GMTN RSC LT 5.5% 04/28/33</name>
        <lei>N/A</lei>
        <title>MDGH GMTN RSC LTD REGD REG S 5.50000000</title>
        <cusip>M6846HBV4</cusip>
        <identifiers>
          <isin value="XS2546781985"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>207276.00000000</valUSD>
        <pctVal>0.060375896317</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-04-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GACI FIRST INVE 4.75% 02/14/30</name>
        <lei>558600TU1PWGNLZ3XM88</lei>
        <title>GACI FIRST INVESTMENT REGD REG S 4.75000000</title>
        <cusip>G3705QAD9</cusip>
        <identifiers>
          <isin value="XS2585987683"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>398554.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INDONESIA GOVT S 2.8% 06/23/30</name>
        <lei>N/A</lei>
        <title>INDONESIA GOVT SUKUK REGD REG S 2.80000000</title>
        <cusip>71567RAP1</cusip>
        <identifiers>
          <isin value="US71567RAP10"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>273301.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.80000000</annualizedRt>
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      <invstOrSec>
        <name>PERUSAHAAN PENERBI 5% 05/25/30</name>
        <lei>N/A</lei>
        <title>PERUSAHAAN PENERBIT SBSN REGD REG S 5.00000000</title>
        <cusip>Y68613AD3</cusip>
        <identifiers>
          <isin value="USY68613AD30"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>406000.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BOLIVIA GOVERNME 4.5% 03/20/28</name>
        <lei>N/A</lei>
        <title>BOLIVIA GOVERNMENT REGD REG S 4.50000000</title>
        <cusip>P37878AC2</cusip>
        <identifiers>
          <isin value="USP37878AC26"/>
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        <balance>800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>524000.00000000</valUSD>
        <pctVal>0.152632092815</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>BO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SAUDI INTERNAT 5.125% 01/13/28</name>
        <lei>N/A</lei>
        <title>SAUDI INTERNATIONAL BOND REGD REG S 5.12500000</title>
        <cusip>M6320RAA4</cusip>
        <identifiers>
          <isin value="XS2974923497"/>
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        <balance>1200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1218000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF CHI 3.24% 02/06/28</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF CHILE REGD 3.24000000</title>
        <cusip>168863CF3</cusip>
        <identifiers>
          <isin value="US168863CF36"/>
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        <balance>750000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>729232.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.24000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FED REPUBLIC O 4.625% 01/13/28</name>
        <lei>N/A</lei>
        <title>FED REPUBLIC OF BRAZIL REGD 4.62500000</title>
        <cusip>105756BZ2</cusip>
        <identifiers>
          <isin value="US105756BZ27"/>
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        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1492500.00000000</valUSD>
        <pctVal>0.434739310167</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF NI 6.125% 09/28/28</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF NIGERIA REGD REG S EMTN 6.12500000</title>
        <cusip>V342A3CF9</cusip>
        <identifiers>
          <isin value="XS2384698994"/>
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        <balance>1100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>980375.00000000</valUSD>
        <pctVal>0.285566198462</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>NG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
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      <invstOrSec>
        <name>REPUBLIC OF PHIL 5.5% 03/30/26</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF PHILIPPINES REGD 5.50000000</title>
        <cusip>718286BN6</cusip>
        <identifiers>
          <isin value="US718286BN61"/>
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        <balance>375000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>378656.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>OMAN GOV INTER 5.625% 01/17/28</name>
        <lei>N/A</lei>
        <title>OMAN GOV INTERNTL BOND REGD REG S 5.62500000</title>
        <cusip>M75242BJ1</cusip>
        <identifiers>
          <isin value="XS1750113661"/>
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        <balance>1775000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1796087.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>OM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>UNITED MEXICAN 4.875% 05/19/33</name>
        <lei>N/A</lei>
        <title>UNITED MEXICAN STATES REGD 4.87500000</title>
        <cusip>91087BAT7</cusip>
        <identifiers>
          <isin value="US91087BAT70"/>
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        <balance>675000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>622518.75000000</valUSD>
        <pctVal>0.181328892422</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF COLO 7.5% 02/02/34</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF COLOMBIA REGD 7.50000000</title>
        <cusip>195325EG6</cusip>
        <identifiers>
          <isin value="US195325EG61"/>
        </identifiers>
        <balance>1175000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1149737.50000000</valUSD>
        <pctVal>0.334898551171</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF GHAN S/UP 07/03/29</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF GHANA REGD S/UP REG S 5.00000000</title>
        <cusip>V3R60FEL4</cusip>
        <identifiers>
          <isin value="XS2893147251"/>
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        <balance>2392850.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2033922.50000000</valUSD>
        <pctVal>0.592446274428</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>GH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-03</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>KINGDOM OF BAHR 5.45% 09/16/32</name>
        <lei>N/A</lei>
        <title>KINGDOM OF BAHRAIN REGD REG S 5.45000000</title>
        <cusip>M63633BZ9</cusip>
        <identifiers>
          <isin value="XS2226916216"/>
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        <balance>700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>647850.00000000</valUSD>
        <pctVal>0.188707445287</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>BH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.45000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>LEBANESE REPUBL 6.75% 11/29/27</name>
        <lei>N/A</lei>
        <title>LEBANESE REPUBLIC REGD REG S SER 15Y 0.00000000</title>
        <cusip>M6S21BAF0</cusip>
        <identifiers>
          <isin value="XS0859366899"/>
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        <balance>700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>119700.00000000</valUSD>
        <pctVal>0.034866529599</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>LB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>UKRAINE GOVERNME S/UP 02/01/35</name>
        <lei>N/A</lei>
        <title>UKRAINE GOVERNMENT REGD S/UP 0.00000000</title>
        <cusip>X5S0056B2</cusip>
        <identifiers>
          <isin value="XS2895057177"/>
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        <balance>1375000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>694375.00000000</valUSD>
        <pctVal>0.202259369177</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>UA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>OMAN GOV INTERN 6.75% 10/28/27</name>
        <lei>N/A</lei>
        <title>OMAN GOV INTERNTL BOND REGD REG S 6.75000000</title>
        <cusip>M75242BN2</cusip>
        <identifiers>
          <isin value="XS2234859101"/>
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        <balance>1075000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1116134.88000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>OM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAUDI INTERNATIO 4.5% 04/17/30</name>
        <lei>N/A</lei>
        <title>SAUDI INTERNATIONAL BOND REGD REG S EMTN 4.50000000</title>
        <cusip>M6320UAK5</cusip>
        <identifiers>
          <isin value="XS1791939066"/>
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        <balance>700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>696416.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FIN DEPT GOVT SH 6.5% 11/23/32</name>
        <lei>N/A</lei>
        <title>FIN DEPT GOVT SHARJAH REGD REG S 6.50000000</title>
        <cusip>M5216SAH6</cusip>
        <identifiers>
          <isin value="XS2587708624"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>208687.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-11-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>REPUBLIC OF ANG 8.75% 04/14/32</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF ANGOLA REGD REG S 8.75000000</title>
        <cusip>V5S1ASAE0</cusip>
        <identifiers>
          <isin value="XS2446175577"/>
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        <balance>1400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1084734.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>AO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>REPUBLIC OF IND 1.85% 03/12/31</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF INDONESIA REGD 1.85000000</title>
        <cusip>455780CV6</cusip>
        <identifiers>
          <isin value="US455780CV60"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>212187.50000000</valUSD>
        <pctVal>0.061806530905</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.85000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>PETROLEOS DEL P 4.75% 06/19/32</name>
        <lei>N/A</lei>
        <title>PETROLEOS DEL PERU SA REGD REG S 4.75000000</title>
        <cusip>P7808BAA5</cusip>
        <identifiers>
          <isin value="USP7808BAA54"/>
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        <balance>750000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>555937.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CHINA GOVT INT 2.625% 11/02/27</name>
        <lei>N/A</lei>
        <title>CHINA GOVT INTL BOND REGD REG S SER . 2.62500000</title>
        <cusip>Y5325SAA6</cusip>
        <identifiers>
          <isin value="XS1706605281"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>245581.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF PANA 6.7% 01/26/36</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF PANAMA REGD 6.70000000</title>
        <cusip>698299AW4</cusip>
        <identifiers>
          <isin value="US698299AW45"/>
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        <balance>1200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1161600.00000000</valUSD>
        <pctVal>0.338353891249</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>PA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.70000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FED REPUBLIC O 6.625% 03/15/35</name>
        <lei>N/A</lei>
        <title>FED REPUBLIC OF BRAZIL REGD 6.62500000</title>
        <cusip>105756CL2</cusip>
        <identifiers>
          <isin value="US105756CL22"/>
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        <balance>1350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1348987.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ABU DHABI GOVT 3.125% 05/03/26</name>
        <lei>N/A</lei>
        <title>ABU DHABI GOVT INT'L REGD REG S 3.12500000</title>
        <cusip>M0153CAE4</cusip>
        <identifiers>
          <isin value="XS1402929746"/>
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        <balance>650000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>642863.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF TU 7.625% 04/26/29</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF TURKIYE REGD SER 10Y 7.62500000</title>
        <cusip>900123CT5</cusip>
        <identifiers>
          <isin value="US900123CT57"/>
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        <balance>1025000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1048195.75000000</valUSD>
        <pctVal>0.305321204204</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>COMISION FEDERA 6.45% 01/24/35</name>
        <lei>N/A</lei>
        <title>COMISION FEDERAL DE ELEC REGD 6.45000000</title>
        <cusip>P30179CR7</cusip>
        <identifiers>
          <isin value="USP30179CR77"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>192148.00000000</valUSD>
        <pctVal>0.055969372844</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.45000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KINGDOM OF JORD 5.75% 01/31/27</name>
        <lei>N/A</lei>
        <title>KINGDOM OF JORDAN REGD REG S 5.75000000</title>
        <cusip>M5269UAH7</cusip>
        <identifiers>
          <isin value="XS1405770220"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>992190.00000000</valUSD>
        <pctVal>0.289007702616</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>JO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ABU DHABI DEVELO 5.5% 05/08/34</name>
        <lei>N/A</lei>
        <title>ABU DHABI DEVELOPMENT HO REGD REG S EMTN 5.50000000</title>
        <cusip>M0R60CAB3</cusip>
        <identifiers>
          <isin value="XS2816006725"/>
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        <balance>240000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>249618.00000000</valUSD>
        <pctVal>0.072709385008</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-05-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>KINGDOM OF JORDA 7.5% 01/13/29</name>
        <lei>N/A</lei>
        <title>KINGDOM OF JORDAN REGD REG S 7.50000000</title>
        <cusip>M5269UAP9</cusip>
        <identifiers>
          <isin value="XS2602742285"/>
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        <balance>1025000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1024682.25000000</valUSD>
        <pctVal>0.298472130322</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>JO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>DOMINICAN REPUBL 5.5% 02/22/29</name>
        <lei>N/A</lei>
        <title>DOMINICAN REPUBLIC REGD REG S 5.50000000</title>
        <cusip>P3579ECP0</cusip>
        <identifiers>
          <isin value="USP3579ECP09"/>
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        <balance>1300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1285050.00000000</valUSD>
        <pctVal>0.374312730673</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>DO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>REPUBLIC OF VE 11.75% 10/21/26</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF VENEZUELA REGD 0.00000000</title>
        <cusip>P17625AE7</cusip>
        <identifiers>
          <isin value="USP17625AE71"/>
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        <balance>1375000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>255750.00000000</valUSD>
        <pctVal>0.074495530033</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>VE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>KINGDOM OF BAHR 5.25% 01/25/33</name>
        <lei>N/A</lei>
        <title>KINGDOM OF BAHRAIN REGD REG S EMTN 5.25000000</title>
        <cusip>M63633CC9</cusip>
        <identifiers>
          <isin value="XS2290957146"/>
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        <balance>800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>723648.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>BH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KINGDOM OF BAH 7.375% 05/14/30</name>
        <lei>N/A</lei>
        <title>KINGDOM OF BAHRAIN REGD REG S 7.37500000</title>
        <cusip>M63633BX4</cusip>
        <identifiers>
          <isin value="XS2172965282"/>
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        <balance>875000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>908906.25000000</valUSD>
        <pctVal>0.264748593723</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>BH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>REPUBLIC OF TU 6.125% 10/24/28</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF TURKIYE REGD SER 11Y 6.12500000</title>
        <cusip>900123CQ1</cusip>
        <identifiers>
          <isin value="US900123CQ19"/>
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        <balance>850000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>838312.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>UNITED MEXICAN  3.75% 01/11/28</name>
        <lei>N/A</lei>
        <title>UNITED MEXICAN STATES REGD 3.75000000</title>
        <cusip>91087BAE0</cusip>
        <identifiers>
          <isin value="US91087BAE02"/>
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        <balance>625000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>611250.00000000</valUSD>
        <pctVal>0.178046501400</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF TURK 6.5% 01/03/35</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF TURKIYE REGD 6.50000000</title>
        <cusip>900123DN7</cusip>
        <identifiers>
          <isin value="US900123DN78"/>
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        <balance>1200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1101000.00000000</valUSD>
        <pctVal>0.320702164485</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MDGH GMTN RSC  2.875% 05/21/30</name>
        <lei>N/A</lei>
        <title>MDGH GMTN RSC LTD REGD REG S EMTN SER GMTN 2.87500000</title>
        <cusip>M6846HAJ2</cusip>
        <identifiers>
          <isin value="XS2176021223"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>370626.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-21</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GACI FIRST INV 4.875% 02/14/35</name>
        <lei>558600TU1PWGNLZ3XM88</lei>
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        <cusip>G3705QAF4</cusip>
        <identifiers>
          <isin value="XS2585988061"/>
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        <balance>450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>434706.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-02-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>KINGDOM OF JORD 5.85% 07/07/30</name>
        <lei>N/A</lei>
        <title>KINGDOM OF JORDAN REGD REG S 5.85000000</title>
        <cusip>M5269UAL8</cusip>
        <identifiers>
          <isin value="XS2199272662"/>
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        <balance>1100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1015740.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>JO</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-07-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.85000000</annualizedRt>
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      <invstOrSec>
        <name>REPUBLIC OF CHI 2.55% 07/27/33</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF CHILE REGD 2.55000000</title>
        <cusip>168863DT2</cusip>
        <identifiers>
          <isin value="US168863DT21"/>
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        <balance>950000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>799900.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.55000000</annualizedRt>
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      <invstOrSec>
        <name>STATE OF QATAR 3.25% 06/02/26</name>
        <lei>N/A</lei>
        <title>STATE OF QATAR REGD REG S 3.25000000</title>
        <cusip>M8489SAD9</cusip>
        <identifiers>
          <isin value="XS1405782159"/>
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        <balance>1350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1334812.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>QA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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      <invstOrSec>
        <name>PETROLEOS MEXICAN 10% 02/07/33</name>
        <lei>N/A</lei>
        <title>PETROLEOS MEXICANOS REGD 10.00000000</title>
        <cusip>71654QDP4</cusip>
        <identifiers>
          <isin value="US71654QDP46"/>
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        <balance>525000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>525735.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EXPORT-IMPORT BAN V/R 11/05/27</name>
        <lei>N/A</lei>
        <title>EXPORT-IMPORT BANK CHINA REGD V/R REG S EMTN 4.74175200</title>
        <cusip>Y23862YK8</cusip>
        <identifiers>
          <isin value="XS2931212810"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>349581.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-05</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.74175200</annualizedRt>
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      <invstOrSec>
        <name>OMAN GOV INTER 5.375% 03/08/27</name>
        <lei>N/A</lei>
        <title>OMAN GOV INTERNTL BOND REGD REG S 5.37500000</title>
        <cusip>M75242BB8</cusip>
        <identifiers>
          <isin value="XS1575967218"/>
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        <balance>1325000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1333380.63000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>OM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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        <name>REPUBLIC OF PO 4.875% 02/12/30</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF POLAND REGD 4.87500000</title>
        <cusip>857524AF9</cusip>
        <identifiers>
          <isin value="US857524AF94"/>
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        <balance>1900000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1934675.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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      <invstOrSec>
        <name>REPUBLIC OF PO 5.375% 02/12/35</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF POLAND REGD 5.37500000</title>
        <cusip>857524AH5</cusip>
        <identifiers>
          <isin value="US857524AH50"/>
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        <balance>1850000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1875437.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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        <name>PETROLEOS MEXIC 6.49% 01/23/27</name>
        <lei>N/A</lei>
        <title>PETROLEOS MEXICANOS REGD 6.49000000</title>
        <cusip>71654QDB5</cusip>
        <identifiers>
          <isin value="US71654QDB59"/>
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        <balance>375000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>367818.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.49000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>REPUBLIC OF ANG 8.25% 05/09/28</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF ANGOLA REGD REG S 8.25000000</title>
        <cusip>V21735AC5</cusip>
        <identifiers>
          <isin value="XS1819680288"/>
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        <balance>1350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1143450.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>AO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.25000000</annualizedRt>
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      <invstOrSec>
        <name>REPUBLIC OF EL  9.25% 04/17/30</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF EL SALVADOR REGD REG S 9.25000000</title>
        <cusip>P01012CF1</cusip>
        <identifiers>
          <isin value="USP01012CF16"/>
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        <balance>875000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>906281.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>SV</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.25000000</annualizedRt>
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        <name>QATAR ENERGY 1.375% 09/12/26</name>
        <lei>N/A</lei>
        <title>QATAR ENERGY REGD REG S 1.37500000</title>
        <cusip>M8180AAC2</cusip>
        <identifiers>
          <isin value="XS2357493860"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>576939.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>QA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.37500000</annualizedRt>
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      <invstOrSec>
        <name>INDONESIA GOVT S 4.7% 06/06/32</name>
        <lei>N/A</lei>
        <title>INDONESIA GOVT SUKUK REGD REG S 4.70000000</title>
        <cusip>71567RAV8</cusip>
        <identifiers>
          <isin value="US71567RAV87"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>491940.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.70000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>REPUBLIC OF PA 3.298% 01/19/33</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF PANAMA REGD 3.29800000</title>
        <cusip>698299BR4</cusip>
        <identifiers>
          <isin value="US698299BR41"/>
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        <balance>550000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>432368.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>PA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.29800000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EXPORT-IMPORT  3.875% 05/16/26</name>
        <lei>N/A</lei>
        <title>EXPORT-IMPORT BANK CHINA REGD REG S EMTN 3.87500000</title>
        <cusip>Y23862VV7</cusip>
        <identifiers>
          <isin value="XS2613748545"/>
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        <balance>550000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>547690.00000000</valUSD>
        <pctVal>0.159532578080</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>REPUBLIC OF NIGE 6.5% 11/28/27</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF NIGERIA REGD REG S EMTN 6.50000000</title>
        <cusip>V342A3BX1</cusip>
        <identifiers>
          <isin value="XS1717011982"/>
        </identifiers>
        <balance>1350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1269000.00000000</valUSD>
        <pctVal>0.369637644624</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>NG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PT PERTAMINA (PE 1.4% 02/09/26</name>
        <lei>N/A</lei>
        <title>PT PERTAMINA (PERSERO) REGD 1.40000000</title>
        <cusip>69370RAK3</cusip>
        <identifiers>
          <isin value="US69370RAK32"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>194500.00000000</valUSD>
        <pctVal>0.056654469566</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.40000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GACI FIRST INVESTM 5% 01/29/29</name>
        <lei>558600TU1PWGNLZ3XM88</lei>
        <title>GACI FIRST INVESTMENT REGD REG S 5.00000000</title>
        <cusip>G3705QAG2</cusip>
        <identifiers>
          <isin value="XS2755904526"/>
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        <balance>450000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>453033.00000000</valUSD>
        <pctVal>0.131960639131</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF TU 7.125% 02/12/32</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF TURKIYE REGD SER 7Y 7.12500000</title>
        <cusip>900123DP2</cusip>
        <identifiers>
          <isin value="US900123DP27"/>
        </identifiers>
        <balance>750000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>733687.50000000</valUSD>
        <pctVal>0.213710417171</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PETROLEOS DE V 5.375% 04/12/27</name>
        <lei>N/A</lei>
        <title>PETROLEOS DE VENEZUELA S REGD 5.37500000</title>
        <cusip>P7807HAC9</cusip>
        <identifiers>
          <isin value="XS0294364954"/>
        </identifiers>
        <balance>1225000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>147000.00000000</valUSD>
        <pctVal>0.042818545122</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TRANSNET SOC LT 8.25% 02/06/28</name>
        <lei>N/A</lei>
        <title>TRANSNET SOC LTD REGD REG S 8.25000000</title>
        <cusip>S8755VFQ9</cusip>
        <identifiers>
          <isin value="XS2582981952"/>
        </identifiers>
        <balance>750000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>757500.00000000</valUSD>
        <pctVal>0.220646584557</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FED REPUBLIC OF BR 6% 04/07/26</name>
        <lei>N/A</lei>
        <title>FED REPUBLIC OF BRAZIL REGD 6.00000000</title>
        <cusip>105756BX7</cusip>
        <identifiers>
          <isin value="US105756BX78"/>
        </identifiers>
        <balance>1100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1109350.00000000</valUSD>
        <pctVal>0.323134374361</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF PANA 6.4% 02/14/35</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF PANAMA REGD 6.40000000</title>
        <cusip>698299BT0</cusip>
        <identifiers>
          <isin value="US698299BT07"/>
        </identifiers>
        <balance>1350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1278450.00000000</valUSD>
        <pctVal>0.372390265382</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>PA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.40000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SAUDI INTERNATI 2.75% 02/03/32</name>
        <lei>N/A</lei>
        <title>SAUDI INTERNATIONAL BOND REGD REG S EMTN 2.75000000</title>
        <cusip>M6320UAW9</cusip>
        <identifiers>
          <isin value="XS2109766472"/>
        </identifiers>
        <balance>225000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>199194.75000000</valUSD>
        <pctVal>0.058021968645</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GACI FIRST INV 5.625% 07/29/34</name>
        <lei>558600TU1PWGNLZ3XM88</lei>
        <title>GACI FIRST INVESTMENT REGD REG S 5.62500000</title>
        <cusip>G3705XAA0</cusip>
        <identifiers>
          <isin value="XS2987801433"/>
        </identifiers>
        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>410375.00000000</valUSD>
        <pctVal>0.119535105132</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MDGH GMTN RSC LT 2.5% 05/21/26</name>
        <lei>N/A</lei>
        <title>MDGH GMTN RSC LTD REGD REG S EMTN SER GMTN 2.50000000</title>
        <cusip>M6846HAM5</cusip>
        <identifiers>
          <isin value="XS2176018609"/>
        </identifiers>
        <balance>275000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>269156.25000000</valUSD>
        <pctVal>0.078400537656</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KSA SUKUK LTD 4.511% 05/22/33</name>
        <lei>N/A</lei>
        <title>KSA SUKUK LTD REGD REG S EMTN 4.51100000</title>
        <cusip>G5321UAK3</cusip>
        <identifiers>
          <isin value="XS2626274463"/>
        </identifiers>
        <balance>800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>782252.00000000</valUSD>
        <pctVal>0.227856411964</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.51100000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CHINA GOVT INTL  3.5% 10/19/28</name>
        <lei>N/A</lei>
        <title>CHINA GOVT INTL BOND REGD REG S 3.50000000</title>
        <cusip>Y5325SAE8</cusip>
        <identifiers>
          <isin value="XS1891574441"/>
        </identifiers>
        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>400766.00000000</valUSD>
        <pctVal>0.116736170437</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF PAR 4.95% 04/28/31</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF PARAGUAY REGD REG S 4.95000000</title>
        <cusip>P75744AJ4</cusip>
        <identifiers>
          <isin value="USP75744AJ47"/>
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        <balance>850000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>838950.00000000</valUSD>
        <pctVal>0.244371553946</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>PY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.95000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF POL 5.75% 11/16/32</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF POLAND REGD 5.75000000</title>
        <cusip>857524AE2</cusip>
        <identifiers>
          <isin value="US857524AE20"/>
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        <balance>880000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>926384.80000000</valUSD>
        <pctVal>0.269839791558</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-11-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>KINGDOM OF BAHRAIN 7% 01/26/26</name>
        <lei>N/A</lei>
        <title>KINGDOM OF BAHRAIN REGD REG S 7.00000000</title>
        <cusip>M87012AA4</cusip>
        <identifiers>
          <isin value="XS1324931895"/>
        </identifiers>
        <balance>725000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>732271.75000000</valUSD>
        <pctVal>0.213298033802</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>BH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>UKRAINE GOVERNME S/UP 02/01/29</name>
        <lei>N/A</lei>
        <title>UKRAINE GOVERNMENT REGD S/UP 1.75000000</title>
        <cusip>X5S0055V9</cusip>
        <identifiers>
          <isin value="XS2895055981"/>
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        <balance>948432.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>579966.17000000</valUSD>
        <pctVal>0.168934065438</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>UA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EGYPT TASKEEK 10.875% 02/28/26</name>
        <lei>N/A</lei>
        <title>EGYPT TASKEEK CO REGD REG S 10.87500000</title>
        <cusip>M3383SAD7</cusip>
        <identifiers>
          <isin value="XS2530049837"/>
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        <balance>1100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1134718.75000000</valUSD>
        <pctVal>0.330523850324</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INDONESIA GOVT  4.55% 03/29/26</name>
        <lei>N/A</lei>
        <title>INDONESIA GOVT SUKUK REGD REG S 4.55000000</title>
        <cusip>71567RAF3</cusip>
        <identifiers>
          <isin value="US71567RAF38"/>
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        <balance>325000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>325812.50000000</valUSD>
        <pctVal>0.094903518588</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.55000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PETROLEOS MEXIC 5.35% 02/12/28</name>
        <lei>N/A</lei>
        <title>PETROLEOS MEXICANOS REGD SER WI 5.35000000</title>
        <cusip>71654QCK6</cusip>
        <identifiers>
          <isin value="US71654QCK67"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>462550.00000000</valUSD>
        <pctVal>0.134732775824</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.35000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CHINA GOVT INTL 1.75% 10/26/31</name>
        <lei>N/A</lei>
        <title>CHINA GOVT INTL BOND REGD REG S 1.75000000</title>
        <cusip>Y5325QAF9</cusip>
        <identifiers>
          <isin value="USY5325QAF91"/>
        </identifiers>
        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>224850.00000000</valUSD>
        <pctVal>0.065494897079</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNITED MEXICAN  4.75% 04/27/32</name>
        <lei>N/A</lei>
        <title>UNITED MEXICAN STATES REGD 4.75000000</title>
        <cusip>91087BAK6</cusip>
        <identifiers>
          <isin value="US91087BAK61"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>469000.00000000</valUSD>
        <pctVal>0.136611548722</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>KSA SUKUK LTD 2.969% 10/29/29</name>
        <lei>N/A</lei>
        <title>KSA SUKUK LTD REGD REG S EMTN 2.96900000</title>
        <cusip>G5321UAF4</cusip>
        <identifiers>
          <isin value="XS2072816114"/>
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        <balance>575000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>538274.75000000</valUSD>
        <pctVal>0.156790079394</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.96900000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNITED MEXICAN 2.659% 05/24/31</name>
        <lei>N/A</lei>
        <title>UNITED MEXICAN STATES REGD 2.65900000</title>
        <cusip>91087BAM2</cusip>
        <identifiers>
          <isin value="US91087BAM28"/>
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        <balance>825000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>702075.00000000</valUSD>
        <pctVal>0.204502245350</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.65900000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNITED MEXICAN S 4.5% 04/22/29</name>
        <lei>N/A</lei>
        <title>UNITED MEXICAN STATES REGD 4.50000000</title>
        <cusip>91087BAF7</cusip>
        <identifiers>
          <isin value="US91087BAF76"/>
        </identifiers>
        <balance>650000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>637650.00000000</valUSD>
        <pctVal>0.185736362564</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FED REPUBLIC O 6.125% 01/22/32</name>
        <lei>N/A</lei>
        <title>FED REPUBLIC OF BRAZIL REGD 6.12500000</title>
        <cusip>105756CK4</cusip>
        <identifiers>
          <isin value="US105756CK49"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1020500.00000000</valUSD>
        <pctVal>0.297253913585</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EXPORT-IMPORT BK 5.5% 01/18/33</name>
        <lei>N/A</lei>
        <title>EXPORT-IMPORT BK INDIA REGD REG S 5.50000000</title>
        <cusip>30216KAG7</cusip>
        <identifiers>
          <isin value="US30216KAG76"/>
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        <balance>750000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>762862.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ROMANIA 5.25% 11/25/27</name>
        <lei>N/A</lei>
        <title>ROMANIA REGD REG S 5.25000000</title>
        <cusip>X7360WCH3</cusip>
        <identifiers>
          <isin value="XS2485248806"/>
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        <balance>730000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>726532.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>RO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ARAB REPUBLIC  7.052% 01/15/32</name>
        <lei>N/A</lei>
        <title>ARAB REPUBLIC OF EGYPT REGD REG S EMTN 7.05290000</title>
        <cusip>M1487WDD4</cusip>
        <identifiers>
          <isin value="XS2079842642"/>
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        <balance>650000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>541573.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.05290000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ABU DHABI GOVT 1.875% 09/15/31</name>
        <lei>N/A</lei>
        <title>ABU DHABI GOVT INT'L REGD REG S EMTN 1.87500000</title>
        <cusip>M0152WAR2</cusip>
        <identifiers>
          <isin value="XS2386638733"/>
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        <balance>350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>303509.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF TU 9.875% 01/15/28</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF TURKIYE REGD SER 5Y 9.87500000</title>
        <cusip>900123DF4</cusip>
        <identifiers>
          <isin value="US900123DF45"/>
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        <balance>1125000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1216552.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF TUR 5.95% 01/15/31</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF TURKIYE REGD SER 10Y 5.95000000</title>
        <cusip>900123DA5</cusip>
        <identifiers>
          <isin value="US900123DA57"/>
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        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>562164.00000000</valUSD>
        <pctVal>0.163748602720</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.95000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>KINGDOM OF MOROC 6.5% 09/08/33</name>
        <lei>N/A</lei>
        <title>KINGDOM OF MOROCCO REGD REG S 6.50000000</title>
        <cusip>V5311VAK6</cusip>
        <identifiers>
          <isin value="XS2595028700"/>
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        <balance>1100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1138500.00000000</valUSD>
        <pctVal>0.331625262730</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>MA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ABU DHABI GOVT 3.125% 10/11/27</name>
        <lei>N/A</lei>
        <title>ABU DHABI GOVT INT'L REGD REG S EMTN 3.12500000</title>
        <cusip>M0153CAB0</cusip>
        <identifiers>
          <isin value="XS1696892295"/>
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        <balance>1150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1125850.00000000</valUSD>
        <pctVal>0.327940537589</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>DOMINICAN REPU 4.875% 09/23/32</name>
        <lei>N/A</lei>
        <title>DOMINICAN REPUBLIC REGD REG S 4.87500000</title>
        <cusip>P3579ECH8</cusip>
        <identifiers>
          <isin value="USP3579ECH82"/>
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        <balance>2075000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1870737.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>DO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-09-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>COSTA RICA GOV 6.125% 02/19/31</name>
        <lei>N/A</lei>
        <title>COSTA RICA GOVERNMENT REGD 6.12500000</title>
        <cusip>P3699PGK7</cusip>
        <identifiers>
          <isin value="USP3699PGK77"/>
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        <balance>906000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>931368.05000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>CR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>KINGDOM OF JOR 6.125% 01/29/26</name>
        <lei>N/A</lei>
        <title>KINGDOM OF JORDAN REGD REG S 6.12500000</title>
        <cusip>M5269UAG9</cusip>
        <identifiers>
          <isin value="XS1117279882"/>
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        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>600750.00000000</valUSD>
        <pctVal>0.174988033891</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>JO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ISLAMIC REP OF 7.375% 04/08/31</name>
        <lei>N/A</lei>
        <title>ISLAMIC REP OF PAKISTAN REGD REG S EMTN 7.37500000</title>
        <cusip>Y2835JAK4</cusip>
        <identifiers>
          <isin value="XS2322319638"/>
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        <balance>1225000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>967750.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>PK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.37500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SAUDI INTERNATI 3.25% 10/22/30</name>
        <lei>N/A</lei>
        <title>SAUDI INTERNATIONAL BOND REGD REG S EMTN 3.25000000</title>
        <cusip>M6320UBB4</cusip>
        <identifiers>
          <isin value="XS2159975700"/>
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        <balance>750000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>698441.25000000</valUSD>
        <pctVal>0.203443797130</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SHARJAH SUKUK  3.234% 10/23/29</name>
        <lei>N/A</lei>
        <title>SHARJAH SUKUK PROGRAM REGD REG S 3.23400000</title>
        <cusip>G8110JAF8</cusip>
        <identifiers>
          <isin value="XS2067187810"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>369940.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.23400000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SINOPEC GRP OV 3.625% 04/12/27</name>
        <lei>N/A</lei>
        <title>SINOPEC GRP OVERSEAS DEV REGD REG S 3.62500000</title>
        <cusip>G8201NAC6</cusip>
        <identifiers>
          <isin value="USG8201NAC68"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>247991.25000000</valUSD>
        <pctVal>0.072235541006</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EXPORT-IMPORT  2.875% 04/26/26</name>
        <lei>N/A</lei>
        <title>EXPORT-IMPORT BANK CHINA REGD REG S 2.87500000</title>
        <cusip>Y23862KD9</cusip>
        <identifiers>
          <isin value="XS1395523779"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>394986.00000000</valUSD>
        <pctVal>0.115052556895</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ROMANIA 3% 02/14/31</name>
        <lei>N/A</lei>
        <title>ROMANIA REGD 3.00000000</title>
        <cusip>X7360WBP6</cusip>
        <identifiers>
          <isin value="XS2201851172"/>
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        <balance>1130000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>938611.90000000</valUSD>
        <pctVal>0.273401333280</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>RO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF CHI 4.85% 01/22/29</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF CHILE REGD 4.85000000</title>
        <cusip>168863EB0</cusip>
        <identifiers>
          <isin value="US168863EB04"/>
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        <balance>650000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>659750.00000000</valUSD>
        <pctVal>0.192173708464</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.85000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF TU 5.125% 02/17/28</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF TURKIYE REGD SER 10Y 5.12500000</title>
        <cusip>900123CP3</cusip>
        <identifiers>
          <isin value="US900123CP36"/>
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        <balance>640000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>616800.00000000</valUSD>
        <pctVal>0.179663119940</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>REPUBLIC OF SEN 6.25% 05/23/33</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF SENEGAL REGD REG S 6.25000000</title>
        <cusip>V7691DAX4</cusip>
        <identifiers>
          <isin value="XS1619155564"/>
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        <balance>825000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>575850.00000000</valUSD>
        <pctVal>0.167735096656</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>SN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>FEDERAL REP OF 6.625% 12/11/24</name>
        <lei>N/A</lei>
        <title>FEDERAL REP OF ETHIOPIA REGD REG S 6.62500000</title>
        <cusip>V6745WAA0</cusip>
        <identifiers>
          <isin value="XS1151974877"/>
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        <balance>750000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>633750.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>ET</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ABU DHABI GOVT INT 5% 04/30/34</name>
        <lei>N/A</lei>
        <title>ABU DHABI GOVT INT'L REGD REG S 5.00000000</title>
        <cusip>M0152WAT8</cusip>
        <identifiers>
          <isin value="XS2811094486"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>522050.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>REPUBLIC OF ARGE S/UP 07/09/30</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF ARGENTINA REGD S/UP 0.75000000</title>
        <cusip>040114HS2</cusip>
        <identifiers>
          <isin value="US040114HS26"/>
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        <balance>4778400.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3669811.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-09</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>REPUBLIC OF IND 4.65% 09/20/32</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF INDONESIA REGD 4.65000000</title>
        <cusip>455780DN3</cusip>
        <identifiers>
          <isin value="US455780DN36"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>244062.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.65000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>STATE OF QATAR 9.75% 06/15/30</name>
        <lei>N/A</lei>
        <title>STATE OF QATAR REGD 9.75000000</title>
        <cusip>M81805AD1</cusip>
        <identifiers>
          <isin value="XS0113419690"/>
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        <balance>675000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>846996.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>QA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>REPUBLIC OF NI 7.875% 02/16/32</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF NIGERIA REGD REG S 7.87500000</title>
        <cusip>V342A3BV5</cusip>
        <identifiers>
          <isin value="XS1566179039"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1068750.00000000</valUSD>
        <pctVal>0.311308299994</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>NG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF TU 9.125% 07/13/30</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF TURKIYE REGD SER 7Y 9.12500000</title>
        <cusip>900123DJ6</cusip>
        <identifiers>
          <isin value="US900123DJ66"/>
        </identifiers>
        <balance>800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>868800.00000000</valUSD>
        <pctVal>0.253066340149</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF ZAMB S/UP 06/30/33</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF ZAMBIA REGD S/UP REG S 5.75000000</title>
        <cusip>V7179UML0</cusip>
        <identifiers>
          <isin value="XS2837240261"/>
        </identifiers>
        <balance>864969.61000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>750629.28000000</valUSD>
        <pctVal>0.218645263235</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>ZM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-30</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SAUDI INTERNAT 3.625% 03/04/28</name>
        <lei>N/A</lei>
        <title>SAUDI INTERNATIONAL BOND REGD REG S EMTN 3.62500000</title>
        <cusip>M6320UAG4</cusip>
        <identifiers>
          <isin value="XS1694217495"/>
        </identifiers>
        <balance>1275000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1246159.50000000</valUSD>
        <pctVal>0.362984603945</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LEBANESE REPUBL 6.85% 03/23/27</name>
        <lei>N/A</lei>
        <title>LEBANESE REPUBLIC REGD SER 10Y 0.00000000</title>
        <cusip>M6S21BAP8</cusip>
        <identifiers>
          <isin value="XS1586230051"/>
        </identifiers>
        <balance>1100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>188100.00000000</valUSD>
        <pctVal>0.054790260798</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>LB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ARAB REPUBLIC  8.625% 02/04/30</name>
        <lei>N/A</lei>
        <title>ARAB REPUBLIC OF EGYPT REGD REG S EMTN 8.62500000</title>
        <cusip>M1487WDS1</cusip>
        <identifiers>
          <isin value="XS2989586941"/>
        </identifiers>
        <balance>950000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>906110.00000000</valUSD>
        <pctVal>0.263934094697</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF ARGENT 1% 07/09/29</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF ARGENTINA REGD 1.00000000</title>
        <cusip>040114HX1</cusip>
        <identifiers>
          <isin value="US040114HX11"/>
        </identifiers>
        <balance>787500.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>637481.25000000</valUSD>
        <pctVal>0.185687208622</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SAUDI INTERNAT 5.625% 01/13/35</name>
        <lei>N/A</lei>
        <title>SAUDI INTERNATIONAL BOND REGD REG S 5.62500000</title>
        <cusip>M6320RAB2</cusip>
        <identifiers>
          <isin value="XS2974969482"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1036000.00000000</valUSD>
        <pctVal>0.301768794193</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF CHI 2.55% 01/27/32</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF CHILE REGD 2.55000000</title>
        <cusip>168863DN5</cusip>
        <identifiers>
          <isin value="US168863DN50"/>
        </identifiers>
        <balance>625000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>543750.00000000</valUSD>
        <pctVal>0.158384924558</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.55000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNITED MEXICAN STA 6% 05/13/30</name>
        <lei>N/A</lei>
        <title>UNITED MEXICAN STATES REGD 6.00000000</title>
        <cusip>91087BBB5</cusip>
        <identifiers>
          <isin value="US91087BBB53"/>
        </identifiers>
        <balance>450000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>463050.00000000</valUSD>
        <pctVal>0.134878417134</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SAUDI INTERNAT 5.375% 01/13/31</name>
        <lei>N/A</lei>
        <title>SAUDI INTERNATIONAL BOND REGD REG S 5.37500000</title>
        <cusip>M6320RAC0</cusip>
        <identifiers>
          <isin value="XS2974968161"/>
        </identifiers>
        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>618561.00000000</valUSD>
        <pctVal>0.180176068634</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TRINIDAD &amp; TOBAG 4.5% 08/04/26</name>
        <lei>N/A</lei>
        <title>TRINIDAD &amp; TOBAGO REGD REG S 4.50000000</title>
        <cusip>P93960AG0</cusip>
        <identifiers>
          <isin value="USP93960AG08"/>
        </identifiers>
        <balance>800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>789800.00000000</valUSD>
        <pctVal>0.230055013179</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>TT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HUNGARY 5.25% 06/16/29</name>
        <lei>N/A</lei>
        <title>HUNGARY REGD REG S 5.25000000</title>
        <cusip>X93622GH9</cusip>
        <identifiers>
          <isin value="XS2010026305"/>
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        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1500000.00000000</valUSD>
        <pctVal>0.436923929816</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>HU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>IVORY COAST 7.625% 01/30/33</name>
        <lei>N/A</lei>
        <title>IVORY COAST REGD REG S 7.62500000</title>
        <cusip>V73789BL8</cusip>
        <identifiers>
          <isin value="XS2752065040"/>
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        <balance>925000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>868343.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>CI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>KSA SUKUK LTD 4.274% 05/22/29</name>
        <lei>N/A</lei>
        <title>KSA SUKUK LTD REGD REG S EMTN 4.27400000</title>
        <cusip>G5321UAL1</cusip>
        <identifiers>
          <isin value="XS2626270040"/>
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        <balance>800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>795648.00000000</valUSD>
        <pctVal>0.231758433940</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.27400000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>REPUBLIC OF NI 7.625% 11/21/25</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF NIGERIA REGD REG S 7.62500000</title>
        <cusip>V342A3CA0</cusip>
        <identifiers>
          <isin value="XS1910826996"/>
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        <balance>850000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>849048.00000000</valUSD>
        <pctVal>0.247312925841</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>NG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CBB INTL SUKUK  6.25% 10/18/30</name>
        <lei>N/A</lei>
        <title>CBB INTL SUKUK PROG WLL REGD REG S 6.25000000</title>
        <cusip>M2120GAK7</cusip>
        <identifiers>
          <isin value="XS2611617619"/>
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        <balance>900000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>917325.00000000</valUSD>
        <pctVal>0.267200829279</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>BH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF POLA 5.5% 11/16/27</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF POLAND REGD 5.50000000</title>
        <cusip>857524AD4</cusip>
        <identifiers>
          <isin value="US857524AD47"/>
        </identifiers>
        <balance>965000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>996063.35000000</valUSD>
        <pctVal>0.290135942152</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-16</maturityDt>
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      <invstOrSec>
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        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>670625.00000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>TR</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>STATE OF QATAR 3.75% 04/16/30</name>
        <lei>N/A</lei>
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        <cusip>M8489SAP2</cusip>
        <identifiers>
          <isin value="XS2155352664"/>
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        <curCd>USD</curCd>
        <valUSD>1175100.00000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>QA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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        <name>REPUBLIC OF VENEZU 6% 12/09/20/</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF VENEZUELA REGD 0.00000000</title>
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        <identifiers>
          <isin value="USP97475AG56"/>
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        <balance>615000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>79950.00000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>VE</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>INDONESIA GOVT S 5.2% 07/02/34</name>
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        <cusip>Y68613AB7</cusip>
        <identifiers>
          <isin value="USY68613AB73"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>201200.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.20000000</annualizedRt>
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      <invstOrSec>
        <name>PETROLEOS DE VEN 8.5% 10/27/20 /</name>
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        <cusip>P7807HAV7</cusip>
        <identifiers>
          <isin value="USP7807HAV70"/>
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        <balance>380000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>355067.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VE</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
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      <invstOrSec>
        <name>ABU DHABI DEVE 4.375% 10/02/31</name>
        <lei>N/A</lei>
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        <cusip>M0R60AAB7</cusip>
        <identifiers>
          <isin value="XS2907161363"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>394252.00000000</valUSD>
        <pctVal>0.114838755452</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MDGH GMTN RSC  2.875% 11/07/29</name>
        <lei>N/A</lei>
        <title>MDGH GMTN RSC LTD REGD REG S EMTN 2.87500000</title>
        <cusip>M6846HAN3</cusip>
        <identifiers>
          <isin value="XS2075923313"/>
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        <balance>225000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>210159.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>SHARJAH SUKUK  2.942% 06/10/27</name>
        <lei>N/A</lei>
        <title>SHARJAH SUKUK PROGRAM REGD REG S 2.94200000</title>
        <cusip>G8110JAL5</cusip>
        <identifiers>
          <isin value="XS2182820329"/>
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        <balance>225000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>216189.00000000</valUSD>
        <pctVal>0.062972098308</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.94200000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>UNITED MEXICAN  3.25% 04/16/30</name>
        <lei>N/A</lei>
        <title>UNITED MEXICAN STATES REGD 3.25000000</title>
        <cusip>91087BAH3</cusip>
        <identifiers>
          <isin value="US91087BAH33"/>
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        <balance>450000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>410175.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ISLAMIC REP OF PAK 6% 04/08/26</name>
        <lei>N/A</lei>
        <title>ISLAMIC REP OF PAKISTAN REGD REG S EMTN 6.00000000</title>
        <cusip>Y2835JAH1</cusip>
        <identifiers>
          <isin value="XS2322319398"/>
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        <balance>975000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>920156.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>PK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>REPUBLICA ORIEN 5.75% 10/28/34</name>
        <lei>N/A</lei>
        <title>REPUBLICA ORIENT URUGUAY REGD 5.75000000</title>
        <cusip>760942BE1</cusip>
        <identifiers>
          <isin value="US760942BE11"/>
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        <balance>1925000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2016437.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>UY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>UNITED MEXICAN S 3.5% 02/12/34</name>
        <lei>N/A</lei>
        <title>UNITED MEXICAN STATES REGD 3.50000000</title>
        <cusip>91087BAR1</cusip>
        <identifiers>
          <isin value="US91087BAR15"/>
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        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>493128.00000000</valUSD>
        <pctVal>0.143639615775</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>REPUBLIC OF COLO 4.5% 03/15/29</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF COLOMBIA REGD 4.50000000</title>
        <cusip>195325DP7</cusip>
        <identifiers>
          <isin value="US195325DP79"/>
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        <balance>950000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>893000.00000000</valUSD>
        <pctVal>0.260115379550</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAUDI INTERNATI 3.25% 10/26/26</name>
        <lei>N/A</lei>
        <title>SAUDI INTERNATIONAL BOND REGD REG S EMTN 3.25000000</title>
        <cusip>M6320UAD1</cusip>
        <identifiers>
          <isin value="XS1508675417"/>
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        <balance>1450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1431715.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SINOPEC GRP DEV  2.7% 05/13/30</name>
        <lei>N/A</lei>
        <title>SINOPEC GRP DEV 201 REGD REG S 2.70000000</title>
        <cusip>G82016AP4</cusip>
        <identifiers>
          <isin value="USG82016AP45"/>
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        <balance>675000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>634284.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.70000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>REPUBLIC OF IND 4.75% 01/08/26</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF INDONESIA REGD REG S EMTN 4.75000000</title>
        <cusip>Y20721BN8</cusip>
        <identifiers>
          <isin value="USY20721BN86"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>501687.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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        <name>GACI FIRST INVE 5.25% 10/13/32</name>
        <lei>558600TU1PWGNLZ3XM88</lei>
        <title>GACI FIRST INVESTMENT REGD REG S 5.25000000</title>
        <cusip>G3705QAC1</cusip>
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          <isin value="XS2542162248"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>302421.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-10-13</maturityDt>
          <couponKind>Fixed</couponKind>
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        <cusip>G3705XAB8</cusip>
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        <cusip>M1487WCY9</cusip>
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        <cusip>G28288AE1</cusip>
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        <name>REPUBLIC OF VENEZU 9% 05/07/23/</name>
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        <name>REPUBLIC OF PHILIP 5% 07/17/33</name>
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        <invCountry>CL</invCountry>
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        <issuerCat>USGA</issuerCat>
        <invCountry>LV</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF IND 4.75% 09/10/34</name>
        <lei>N/A</lei>
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        <cusip>455780DX1</cusip>
        <identifiers>
          <isin value="US455780DX18"/>
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        <balance>225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>218250.00000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>ID</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>PETROLEOS MEXIC 5.95% 01/28/31</name>
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        <cusip>71654QDE9</cusip>
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          <isin value="US71654QDE98"/>
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        <curCd>USD</curCd>
        <valUSD>704565.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <name>CHINA GOVT INT 4.125% 11/20/27</name>
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        <cusip>Y15025AE2</cusip>
        <identifiers>
          <isin value="USY15025AE24"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>509015.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-11-20</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>SAUDI INTERNATIO 5.5% 10/25/32</name>
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        <title>SAUDI INTERNATIONAL BOND REGD REG S EMTN 5.50000000</title>
        <cusip>M6320UBY4</cusip>
        <identifiers>
          <isin value="XS2548892020"/>
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        <balance>700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>725844.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>PETROLEOS DE V 12.75% 02/17/22</name>
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          <isin value="USP7807HAM71"/>
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        <balance>1575000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>VE</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>REPUBLICA ORIE 4.375% 01/23/31</name>
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          <isin value="US917288BK78"/>
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        <curCd>USD</curCd>
        <valUSD>1607850.00000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>UY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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        <name>CBB INTL SUKUK P 4.5% 03/30/27</name>
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        <cusip>M2120LAA8</cusip>
        <identifiers>
          <isin value="XS2058943734"/>
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        <balance>875000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>854551.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>BH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>COMISION FEDER 4.688% 05/15/29</name>
        <lei>N/A</lei>
        <title>COMISION FEDERAL DE ELEC REGD REG S 4.68800000</title>
        <cusip>P30179BQ0</cusip>
        <identifiers>
          <isin value="USP30179BQ04"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>385480.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.68800000</annualizedRt>
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        <name>REPUBLIC OF PO 4.875% 10/04/33</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF POLAND REGD 4.87500000</title>
        <cusip>731011AV4</cusip>
        <identifiers>
          <isin value="US731011AV42"/>
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        <balance>1635000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1619467.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-10-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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      <invstOrSec>
        <name>REPUBLIC OF KEN 9.75% 02/16/31</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF KENYA REGD REG S 9.75000000</title>
        <cusip>V7179SCY8</cusip>
        <identifiers>
          <isin value="XS2764839945"/>
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        <balance>1225000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1166812.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>KE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.75000000</annualizedRt>
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      <invstOrSec>
        <name>MDGH GMTN RSC  4.375% 11/22/33</name>
        <lei>N/A</lei>
        <title>MDGH GMTN RSC LTD REGD REG S EMTN 4.37500000</title>
        <cusip>M6846HCL5</cusip>
        <identifiers>
          <isin value="XS2624479288"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>191300.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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        <name>REPUBLIC OF VE 12.75% 08/23/22</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF VENEZUELA REGD REG S 0.00000000</title>
        <cusip>P17625AC1</cusip>
        <identifiers>
          <isin value="USP17625AC16"/>
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        <balance>1300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>221000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>VE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-08-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>ESKOM HOLDINGS  6.35% 08/10/28</name>
        <lei>N/A</lei>
        <title>ESKOM HOLDINGS SOC LTD REGD MTN 6.35000000</title>
        <cusip>S25221AV4</cusip>
        <identifiers>
          <isin value="XS1864523300"/>
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        <balance>650000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>641875.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.35000000</annualizedRt>
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        <name>REPUBLIC OF VEN 9.25% 05/07/28</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF VENEZUELA REGD 9.25000000</title>
        <cusip>P17625AB3</cusip>
        <identifiers>
          <isin value="USP17625AB33"/>
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        <balance>735000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>119437.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>VE</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.25000000</annualizedRt>
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        <name>PETROLEOS DE VENEZ 9% 11/17/21 /</name>
        <lei>N/A</lei>
        <title>PETROLEOS DE VENEZUELA S REGD 0.00000000</title>
        <cusip>P7807HAP0</cusip>
        <identifiers>
          <isin value="USP7807HAP03"/>
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        <balance>1030000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>131067.50000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>VE</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>REPUBLIC OF IND 3.55% 03/31/32</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF INDONESIA REGD 3.55000000</title>
        <cusip>455780DJ2</cusip>
        <identifiers>
          <isin value="US455780DJ24"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>368000.00000000</valUSD>
        <pctVal>0.107192004114</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.55000000</annualizedRt>
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        <name>REPUBLIC OF SE 2.125% 12/01/30</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF SERBIA REGD REG S 2.12500000</title>
        <cusip>X77765CB3</cusip>
        <identifiers>
          <isin value="XS2264555744"/>
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        <balance>900000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>751612.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>RS</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.12500000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>KINGDOM OF MOROCCO 3% 12/15/32</name>
        <lei>N/A</lei>
        <title>KINGDOM OF MOROCCO REGD REG S 3.00000000</title>
        <cusip>V5311VAJ9</cusip>
        <identifiers>
          <isin value="XS2270576965"/>
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        <balance>800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>661752.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>MA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF ARGE S/UP 07/09/35</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF ARGENTINA REGD S/UP SER * 4.12500000</title>
        <cusip>040114HT0</cusip>
        <identifiers>
          <isin value="US040114HT09"/>
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        <balance>8055000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5356575.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-09</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF PH 2.457% 05/05/30</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF PHILIPPINES REGD 2.45700000</title>
        <cusip>718286CJ4</cusip>
        <identifiers>
          <isin value="US718286CJ41"/>
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        <balance>575000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>524903.13000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.45700000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>TVF VARLIK KIRA 6.95% 01/23/30</name>
        <lei>N/A</lei>
        <title>TVF VARLIK KIRALAMA AS REGD REG S 6.95000000</title>
        <cusip>M9034MAA6</cusip>
        <identifiers>
          <isin value="XS2911679004"/>
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        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>297750.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.95000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>INDONESIA GOVT  4.45% 02/20/29</name>
        <lei>N/A</lei>
        <title>INDONESIA GOVT SUKUK REGD REG S EMTN 4.45000000</title>
        <cusip>71567RAM8</cusip>
        <identifiers>
          <isin value="US71567RAM88"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>399300.00000000</valUSD>
        <pctVal>0.116309150117</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.45000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PERUSAHAAN LIS 4.125% 05/15/27</name>
        <lei>N/A</lei>
        <title>PERUSAHAAN LISTRIK NEGAR REGD REG S EMTN 4.12500000</title>
        <cusip>71568QAC1</cusip>
        <identifiers>
          <isin value="US71568QAC15"/>
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        <balance>475000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>468580.38000000</valUSD>
        <pctVal>0.136489320709</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>UNITED MEXICAN S 8.3% 08/15/31</name>
        <lei>N/A</lei>
        <title>UNITED MEXICAN STATES REGD MTN 8.30000000</title>
        <cusip>91086QAG3</cusip>
        <identifiers>
          <isin value="US91086QAG38"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>469400.00000000</valUSD>
        <pctVal>0.136728061770</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.30000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF SRI LA 4% 04/15/28</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF SRI LANKA REGD 144A P/P 4.00000000</title>
        <cusip>Y1237IAF3</cusip>
        <identifiers>
          <isin value="XS2966242419"/>
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        <balance>697409.15000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>646585.46000000</valUSD>
        <pctVal>0.188339106763</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>LK</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>REPUBLIC OF PH 1.648% 06/10/31</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF PHILIPPINES REGD 1.64800000</title>
        <cusip>718286CK1</cusip>
        <identifiers>
          <isin value="US718286CK14"/>
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        <balance>650000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>548518.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.64800000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>REPUBLIC OF PANA 7.5% 03/01/31</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF PANAMA REGD 7.50000000</title>
        <cusip>698299BX1</cusip>
        <identifiers>
          <isin value="US698299BX19"/>
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        <balance>625000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>652500.00000000</valUSD>
        <pctVal>0.190061909470</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>PA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HAZINE MUSTESA 5.125% 06/22/26</name>
        <lei>N/A</lei>
        <title>HAZINE MUSTESARL REGD REG S 5.12500000</title>
        <cusip>M5258TAB6</cusip>
        <identifiers>
          <isin value="XS2351109116"/>
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        <balance>675000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>669238.88000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PETROLEOS MEXICA 6.5% 01/23/29</name>
        <lei>N/A</lei>
        <title>PETROLEOS MEXICANOS REGD SER WI 6.50000000</title>
        <cusip>71654QCP5</cusip>
        <identifiers>
          <isin value="US71654QCP54"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>231875.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>REPUBLIC OF N 10.375% 12/09/34</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF NIGERIA REGD REG S 10.37500000</title>
        <cusip>V6713EAQ3</cusip>
        <identifiers>
          <isin value="XS2948512913"/>
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        <balance>1200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1136400.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>NG</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-12-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.37500000</annualizedRt>
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      <invstOrSec>
        <name>SAUDI INTERNATI 4.75% 01/16/30</name>
        <lei>N/A</lei>
        <title>SAUDI INTERNATIONAL BOND REGD REG S EMTN 4.75000000</title>
        <cusip>M6320UCH0</cusip>
        <identifiers>
          <isin value="XS2747598444"/>
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        <balance>700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>704725.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>REPUBLIC OF IND 2.15% 07/28/31</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF INDONESIA REGD 2.15000000</title>
        <cusip>455780CY0</cusip>
        <identifiers>
          <isin value="US455780CY00"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>343400.00000000</valUSD>
        <pctVal>0.100026451665</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.15000000</annualizedRt>
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      <invstOrSec>
        <name>EXPORT-IMPORT BK 5.5% 01/13/35</name>
        <lei>N/A</lei>
        <title>EXPORT-IMPORT BK INDIA REGD REG S 5.50000000</title>
        <cusip>Y2387VAA1</cusip>
        <identifiers>
          <isin value="USY2387VAA18"/>
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        <balance>800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>805864.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ADNOC MURBAN RS 4.25% 09/11/29</name>
        <lei>N/A</lei>
        <title>ADNOC MURBAN RSC LT REGD REG S 4.25000000</title>
        <cusip>M0R822AD5</cusip>
        <identifiers>
          <isin value="XS2898198358"/>
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        <balance>220000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>218350.00000000</valUSD>
        <pctVal>0.063601560050</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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          <isin value="XS2595028452"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>REPUBLIC OF SERBIA 6% 06/12/34</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF SERBIA REGD REG S 6.00000000</title>
        <cusip>X77765DG1</cusip>
        <identifiers>
          <isin value="XS2838999691"/>
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        <curCd>USD</curCd>
        <valUSD>1387750.00000000</valUSD>
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        <invCountry>RS</invCountry>
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        <name>REPUBLIC OF VEN 7.75% 10/13/19</name>
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          <isin value="USP97475AN08"/>
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        <curCd>USD</curCd>
        <valUSD>163125.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>VE</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>REPUBLIC OF PHI 5.25% 05/14/34</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF PHILIPPINES REGD 5.25000000</title>
        <cusip>718286DA2</cusip>
        <identifiers>
          <isin value="US718286DA23"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>609186.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>PH</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-05-14</maturityDt>
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        <name>KINGDOM OF BAH 5.625% 05/18/34</name>
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        <title>KINGDOM OF BAHRAIN REGD REG S EMTN 5.62500000</title>
        <cusip>M63633CD7</cusip>
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          <isin value="XS2408003064"/>
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        <balance>775000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>707040.25000000</valUSD>
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        <invCountry>BH</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-05-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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        <name>REPUBLIC OF IND 4.75% 02/11/29</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF INDONESIA REGD 4.75000000</title>
        <cusip>455780CH7</cusip>
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          <isin value="US455780CH76"/>
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        <curCd>USD</curCd>
        <valUSD>429105.50000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>ID</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-11</maturityDt>
          <couponKind>Fixed</couponKind>
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        <cusip>195325DL6</cusip>
        <identifiers>
          <isin value="US195325DL65"/>
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        <balance>925000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>907008.75000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-04-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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      <invstOrSec>
        <name>INDONESIA GOVT S 4.4% 03/01/28</name>
        <lei>N/A</lei>
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        <cusip>71567RAK2</cusip>
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          <isin value="US71567RAK23"/>
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        <balance>525000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>525984.38000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>ID</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.40000000</annualizedRt>
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        <name>LEBANESE REPUBLIC 7% 03/23/32</name>
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        <title>LEBANESE REPUBLIC REGD SER 15YR 0.00000000</title>
        <cusip>M6S21BAQ6</cusip>
        <identifiers>
          <isin value="XS1586230481"/>
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        <balance>800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>136800.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>LB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>REPUBLIC OF VEN 8.25% 10/13/24/</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF VENEZUELA REGD/ 0.00000000</title>
        <cusip>P97475AP5</cusip>
        <identifiers>
          <isin value="USP97475AP55"/>
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        <balance>900000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>130500.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>VE</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>REPUBLIC OF PHI 7.75% 01/14/31</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF PHILIPPINES REGD 7.75000000</title>
        <cusip>718286BB2</cusip>
        <identifiers>
          <isin value="US718286BB24"/>
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        <balance>850000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>983875.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>PH</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-14</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>ABU DHABI GOVT 1.625% 06/02/28</name>
        <lei>N/A</lei>
        <title>ABU DHABI GOVT INT'L REGD REG S EMTN 1.62500000</title>
        <cusip>M0152WAP6</cusip>
        <identifiers>
          <isin value="XS2348236980"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>555375.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>AE</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.62500000</annualizedRt>
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        <name>UKRAINE GOVERNME S/UP 02/01/34</name>
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        <identifiers>
          <isin value="XS2895056955"/>
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        <issuerCat>USGA</issuerCat>
        <invCountry>UA</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ABU DHABI GOVT I 2.5% 09/30/29</name>
        <lei>N/A</lei>
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        <cusip>M0152WAE1</cusip>
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          <isin value="XS2057865979"/>
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        <issuerCat>USGA</issuerCat>
        <invCountry>AE</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF AZER 3.5% 09/01/32</name>
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        <title>REPUBLIC OF AZERBAIJAN REGD REG S 3.50000000</title>
        <cusip>Y7177RAD7</cusip>
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          <isin value="XS1678623734"/>
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        <curCd>USD</curCd>
        <valUSD>744600.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>AZ</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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        <name>UNITED MEXICAN STA 5% 05/07/29</name>
        <lei>N/A</lei>
        <title>UNITED MEXICAN STATES REGD 5.00000000</title>
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        <identifiers>
          <isin value="US91087BAY65"/>
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        <balance>230000.00000000</balance>
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        <valUSD>229458.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>MX</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>CODELCO INC 3.15% 01/14/30</name>
        <lei>N/A</lei>
        <title>CODELCO INC REGD 3.15000000</title>
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          <isin value="USP3143NBH63"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>321889.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.15000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>REPUBLIC OF TU 5.875% 06/26/31</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF TURKIYE REGD SER 10Y 5.87500000</title>
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          <isin value="US836205AU87"/>
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        <curCd>USD</curCd>
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        <invCountry>ZA</invCountry>
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        <curCd>USD</curCd>
        <valUSD>304200.00000000</valUSD>
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        <cusip>V73789AW5</cusip>
        <identifiers>
          <isin value="XS1631415400"/>
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        <curCd>USD</curCd>
        <valUSD>821750.00000000</valUSD>
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        <invCountry>CI</invCountry>
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          <couponKind>Fixed</couponKind>
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        <title>DOMINICAN REPUBLIC REGD REG S 6.00000000</title>
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          <isin value="USP3579ECN50"/>
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        <curCd>USD</curCd>
        <valUSD>1138575.00000000</valUSD>
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        <invCountry>DO</invCountry>
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          <couponKind>Fixed</couponKind>
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        <title>FED REPUBLIC OF BRAZIL REGD 8.25000000</title>
        <cusip>105756BB5</cusip>
        <identifiers>
          <isin value="US105756BB58"/>
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        <balance>700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>785925.00000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>BR</invCountry>
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        <cusip>G4000DAA4</cusip>
        <identifiers>
          <isin value="XS2689095086"/>
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        <curCd>USD</curCd>
        <valUSD>660302.50000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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        <name>MDGH GMTN RSC  3.375% 03/28/32</name>
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        <cusip>M6846HAV5</cusip>
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          <isin value="XS2455984679"/>
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        <curCd>USD</curCd>
        <valUSD>367424.00000000</valUSD>
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        <invCountry>AE</invCountry>
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          <couponKind>Fixed</couponKind>
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        <curCd>USD</curCd>
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        <issuerCat>USGA</issuerCat>
        <invCountry>PH</invCountry>
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          <couponKind>Fixed</couponKind>
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        <cusip>X0645ACD2</cusip>
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        <name>PETROLEOS DE VENEZ 6% 11/15/26</name>
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        <issuerCat>CORP</issuerCat>
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        <issuerCat>USGA</issuerCat>
        <invCountry>LB</invCountry>
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        <name>REPUBLIC OF NI 7.375% 09/28/33</name>
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        <cusip>V342A3CE2</cusip>
        <identifiers>
          <isin value="XS2384701020"/>
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        <valUSD>969456.00000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>NG</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>HUNGARY 2.125% 09/22/31</name>
        <lei>N/A</lei>
        <title>HUNGARY REGD 2.12500000</title>
        <cusip>X93622FZ0</cusip>
        <identifiers>
          <isin value="XS2388586401"/>
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        <balance>1800000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>USGA</issuerCat>
        <invCountry>HU</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>ABU DHABI GOVT 3.125% 04/16/30</name>
        <lei>N/A</lei>
        <title>ABU DHABI GOVT INT'L REGD REG S EMTN 3.12500000</title>
        <cusip>M0152WAK7</cusip>
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          <isin value="XS2125308168"/>
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        <curCd>USD</curCd>
        <valUSD>791473.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>AE</invCountry>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>INDONESIA GOVT S 4.4% 06/06/27</name>
        <lei>N/A</lei>
        <title>INDONESIA GOVT SUKUK REGD REG S 4.40000000</title>
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          <isin value="US71567RAU05"/>
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        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF CHI 2.45% 01/31/31</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF CHILE REGD 2.45000000</title>
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        <invCountry>CL</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>REPUBLIC OF VE 9.375% 01/13/34/</name>
        <lei>N/A</lei>
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        <identifiers>
          <isin value="US922646BL74"/>
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        <curCd>USD</curCd>
        <valUSD>145222.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>VE</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-01-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>HUNGARY 5.5% 06/16/34</name>
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        <cusip>X93622GG1</cusip>
        <identifiers>
          <isin value="XS2010026487"/>
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        <balance>1135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1096977.50000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>HU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-06-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>HAZINE MUSTESAR 7.25% 02/24/27</name>
        <lei>N/A</lei>
        <title>HAZINE MUSTESARLIGI VARL REGD REG S 7.25000000</title>
        <cusip>M5258TAC4</cusip>
        <identifiers>
          <isin value="XS2441287773"/>
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        <balance>850000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>866256.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
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        <name>THREE GORGES FI 3.15% 06/02/26</name>
        <lei>N/A</lei>
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        <cusip>G8850LAC4</cusip>
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          <isin value="USG8850LAC49"/>
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        <balance>425000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>419209.38000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.15000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAUDI INTERNATIONA 5% 01/16/34</name>
        <lei>N/A</lei>
        <title>SAUDI INTERNATIONAL BOND REGD REG S EMTN 5.00000000</title>
        <cusip>M6320UCG2</cusip>
        <identifiers>
          <isin value="XS2747599095"/>
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        <balance>925000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>920541.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>LEBANESE REPUBLIC 6% 12/31/24</name>
        <lei>N/A</lei>
        <title>LEBANESE REPUBLIC REGD REG S 0.00000000</title>
        <cusip>M6S21BAG8</cusip>
        <identifiers>
          <isin value="XS0859367194"/>
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        <balance>700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>119700.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>LB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>BANCO NACIONAL D 2.5% 08/11/30</name>
        <lei>N/A</lei>
        <title>BANCO NACIONAL DE PANAMA REGD REG S 2.50000000</title>
        <cusip>P1559LAA7</cusip>
        <identifiers>
          <isin value="USP1559LAA72"/>
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        <balance>525000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>429450.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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      <invstOrSec>
        <name>REPUBLIC OF ECUA S/UP 07/31/35</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF ECUADOR REGD S/UP REG S 5.50000000</title>
        <cusip>P8054QBC6</cusip>
        <identifiers>
          <isin value="XS2214238441"/>
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        <balance>5415850.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3257633.78000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>EC</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-31</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>INDO ASAHAN/MIN 5.45% 05/15/30</name>
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        <title>INDO ASAHAN/MINERAL IND REGD REG S 5.45000000</title>
        <cusip>Y7140WAF5</cusip>
        <identifiers>
          <isin value="USY7140WAF50"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>403950.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.45000000</annualizedRt>
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      <invstOrSec>
        <name>UAE INT'L GOVT 4.857% 07/02/34</name>
        <lei>N/A</lei>
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        <cusip>M4R11PAA8</cusip>
        <identifiers>
          <isin value="XS2850662631"/>
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        <balance>450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>462681.00000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>AE</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-07-02</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>KSA SUKUK LTD 5.268% 10/25/28</name>
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        <cusip>G5321UAJ6</cusip>
        <identifiers>
          <isin value="XS2548889406"/>
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        <balance>475000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>486818.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>KY</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>ROMANIA 5.75% 03/24/35</name>
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        <title>ROMANIA REGD REG S 5.75000000</title>
        <cusip>X7360WDA7</cusip>
        <identifiers>
          <isin value="XS2908633683"/>
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        <name>REPUBLIC OF ANGOLA 8% 11/26/29</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF ANGOLA REGD REG S EMTN 8.00000000</title>
        <cusip>V5S1ASAB6</cusip>
        <identifiers>
          <isin value="XS2083302419"/>
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        <issuerCat>USGA</issuerCat>
        <invCountry>AO</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>8.00000000</annualizedRt>
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        <name>UKRAINE GOVERNME S/UP 02/01/35</name>
        <lei>N/A</lei>
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        <cusip>X5S0055X5</cusip>
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          <isin value="XS2895056369"/>
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        <issuerCat>USGA</issuerCat>
        <invCountry>UA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF TU 7.125% 07/17/32</name>
        <lei>N/A</lei>
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        <cusip>900123DL1</cusip>
        <identifiers>
          <isin value="US900123DL13"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>488125.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-07-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.12500000</annualizedRt>
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      <invstOrSec>
        <name>SINOPEC GRP DEV  2.3% 01/08/31</name>
        <lei>N/A</lei>
        <title>SINOPEC GRP DEV 201 REGD REG S 2.30000000</title>
        <cusip>G82016AS8</cusip>
        <identifiers>
          <isin value="USG82016AS83"/>
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        <balance>425000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>VG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>REPUBLIC OF IND 2.85% 02/14/30</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF INDONESIA REGD 2.85000000</title>
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          <isin value="US455780CQ75"/>
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        <valUSD>323750.00000000</valUSD>
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        <invCountry>ID</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>KSA SUKUK LTD 5.25% 06/04/27</name>
        <lei>N/A</lei>
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          <isin value="XS2830523465"/>
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        <curCd>USD</curCd>
        <valUSD>203212.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>DP WORLD CRESC 3.875% 07/18/29</name>
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        <cusip>G28288AC5</cusip>
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          <isin value="XS2026710553"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>385770.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-18</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>HUNGARY 6.25% 09/22/32</name>
        <lei>N/A</lei>
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        <cusip>X93622GM8</cusip>
        <identifiers>
          <isin value="XS2574267261"/>
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        <balance>1400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1444429.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>HU</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <lei>N/A</lei>
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        <cusip>900123DH0</cusip>
        <identifiers>
          <isin value="US900123DH01"/>
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        <curCd>USD</curCd>
        <valUSD>701398.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>TR</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED MEXICAN  4.15% 03/28/27</name>
        <lei>N/A</lei>
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        <cusip>91087BAC4</cusip>
        <identifiers>
          <isin value="US91087BAC46"/>
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        <balance>525000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>521587.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.15000000</annualizedRt>
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        <name>ROMANIA 6.625% 02/17/28</name>
        <lei>N/A</lei>
        <title>ROMANIA REGD REG S 6.62500000</title>
        <cusip>X7360WCN0</cusip>
        <identifiers>
          <isin value="XS2571922884"/>
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        <balance>1430000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1463605.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>RO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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        <name>REPUBLIC OF PH 6.375% 10/23/34</name>
        <lei>N/A</lei>
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        <cusip>718286BG1</cusip>
        <identifiers>
          <isin value="US718286BG11"/>
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        <curCd>USD</curCd>
        <valUSD>1119812.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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      <invstOrSec>
        <name>UKRAINE GOVERNME S/UP 02/01/34</name>
        <lei>N/A</lei>
        <title>UKRAINE GOVERNMENT REGD S/UP 1.75000000</title>
        <cusip>X5S0055W7</cusip>
        <identifiers>
          <isin value="XS2895056013"/>
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        <balance>2877647.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1434507.03000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>UA</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.75000000</annualizedRt>
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        <name>LEBANESE REPUBLI 6.1% 10/04/22</name>
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        <cusip>M87883DE7</cusip>
        <identifiers>
          <isin value="XS0559237796"/>
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        <curCd>USD</curCd>
        <valUSD>218025.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>LB</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>REPUBLIC OF PHILIP 3% 02/01/28</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF PHILIPPINES REGD 3.00000000</title>
        <cusip>718286CC9</cusip>
        <identifiers>
          <isin value="US718286CC97"/>
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        <balance>850000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>821312.50000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>PH</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <name>REPUBLIC OF VE 11.95% 08/05/31</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF VENEZUELA REGD 0.00000000</title>
        <cusip>P17625AD9</cusip>
        <identifiers>
          <isin value="USP17625AD98"/>
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        <balance>1565000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>265267.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>VE</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-08-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>DOMINICAN REPUBLIC 6% 07/19/28</name>
        <lei>N/A</lei>
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        <cusip>P3579ECB1</cusip>
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          <isin value="USP3579ECB13"/>
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        <balance>850000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>858925.00000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>DO</invCountry>
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        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <name>REPUBLIC OF TU 7.625% 05/15/34</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF TURKIYE REGD SER 10Y 7.62500000</title>
        <cusip>900123DK3</cusip>
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          <isin value="US900123DK30"/>
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        <valUSD>896913.00000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>TR</invCountry>
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        <name>REPUBLIC OF ARGE S/UP 07/09/41</name>
        <lei>N/A</lei>
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        <cusip>040114HV5</cusip>
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          <isin value="US040114HV54"/>
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        <valUSD>2516235.00000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>AR</invCountry>
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        <cusip>G85444AA8</cusip>
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          <isin value="XS2706163305"/>
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        <curCd>USD</curCd>
        <valUSD>484875.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>MAGYAR EXPORT- 6.125% 12/04/27</name>
        <lei>N/A</lei>
        <title>MAGYAR EXPORT-IMPORT BAN REGD REG S 6.12500000</title>
        <cusip>X5S8QYBF9</cusip>
        <identifiers>
          <isin value="XS2618838564"/>
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        <curCd>USD</curCd>
        <valUSD>1071661.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>HU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF TUR 4.75% 01/26/26</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF TURKIYE REGD SER 5Y 4.75000000</title>
        <cusip>900123DB3</cusip>
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          <isin value="US900123DB31"/>
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        <curCd>USD</curCd>
        <valUSD>448659.00000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>TR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      </invstOrSec>
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        <name>REPUBLIC OF IRAQ 5.8% 01/15/28</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF IRAQ REGD 5.80000000</title>
        <cusip>M82152AA3</cusip>
        <identifiers>
          <isin value="XS0240295575"/>
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        <curCd>USD</curCd>
        <valUSD>318486.33000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>IQ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.80000000</annualizedRt>
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        <name>REPUBLIC OF PA 3.875% 03/17/28</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF PANAMA REGD 3.87500000</title>
        <cusip>698299BF0</cusip>
        <identifiers>
          <isin value="US698299BF03"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>574800.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>PA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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      <invstOrSec>
        <name>KUWAIT INTL BOND 3.5% 03/20/27</name>
        <lei>N/A</lei>
        <title>KUWAIT INTL BOND REGD REG S 3.50000000</title>
        <cusip>M6417JAA6</cusip>
        <identifiers>
          <isin value="XS1582346968"/>
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        <balance>3125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3080093.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>KW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>REPUBLIC OF PAN 3.16% 01/23/30</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF PANAMA REGD 3.16000000</title>
        <cusip>698299BK9</cusip>
        <identifiers>
          <isin value="US698299BK97"/>
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        <balance>925000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>812843.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>PA</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-23</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>REPUBLIC OF IND 4.55% 01/11/28</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF INDONESIA REGD 4.55000000</title>
        <cusip>455780DQ6</cusip>
        <identifiers>
          <isin value="US455780DQ66"/>
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        <balance>220000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>220880.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.55000000</annualizedRt>
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      <invstOrSec>
        <name>REPUBLIC OF SRI  S/UP 06/15/35</name>
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        <title>REPUBLIC OF SRI LANKA REGD S/UP 144A P/P 3.60000000</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2966242336"/>
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        <balance>1075570.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>695961.01000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>LK</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.60000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>REPUBLIC OF IND 4.35% 01/08/27</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF INDONESIA REGD REG S 4.35000000</title>
        <cusip>Y20721BQ1</cusip>
        <identifiers>
          <isin value="USY20721BQ18"/>
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        <balance>450000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>449971.88000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.35000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PERUSAHAAN LIST 5.45% 05/21/28</name>
        <lei>N/A</lei>
        <title>PERUSAHAAN LISTRIK NEGAR REGD REG S EMTN 5.45000000</title>
        <cusip>71568QAE7</cusip>
        <identifiers>
          <isin value="US71568QAE70"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>202875.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.45000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>REPUBLIC OF PHIL 5.5% 02/04/35</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF PHILIPPINES REGD 5.50000000</title>
        <cusip>718286DG9</cusip>
        <identifiers>
          <isin value="US718286DG92"/>
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        <balance>550000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>566981.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>ROMANIA 6.375% 01/30/34</name>
        <lei>N/A</lei>
        <title>ROMANIA REGD REG S 6.37500000</title>
        <cusip>X7360WCT7</cusip>
        <identifiers>
          <isin value="XS2756521303"/>
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        <balance>1710000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1620122.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>RO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-01-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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        <name>REPUBLIC OF NI 7.143% 02/23/30</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF NIGERIA REGD REG S 7.14300000</title>
        <cusip>V342A3BZ6</cusip>
        <identifiers>
          <isin value="XS1777972511"/>
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        <balance>1000000.00000000</balance>
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        <valUSD>865780.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>NG</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.14300000</annualizedRt>
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        <name>CBB INTL SUKUK  3.95% 09/16/27</name>
        <lei>N/A</lei>
        <title>CBB INTL SUKUK PRGM SPC REGD REG S 3.95000000</title>
        <cusip>M2120LAB6</cusip>
        <identifiers>
          <isin value="XS2226917701"/>
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        <curCd>USD</curCd>
        <valUSD>765644.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>BH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.95000000</annualizedRt>
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      <invstOrSec>
        <name>CODELCO INC 3% 09/30/29</name>
        <lei>N/A</lei>
        <title>CODELCO INC REGD REG S 3.00000000</title>
        <cusip>P3143NBE3</cusip>
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          <isin value="USP3143NBE33"/>
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        <balance>425000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>390468.75000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <name>KINGDOM OF BAHR 6.75% 09/20/29</name>
        <lei>N/A</lei>
        <title>KINGDOM OF BAHRAIN REGD REG S 6.75000000</title>
        <cusip>M87012AE6</cusip>
        <identifiers>
          <isin value="XS1675862012"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>BH</invCountry>
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          <maturityDt>2029-09-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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      <invstOrSec>
        <name>OMAN GOV INTER 7.375% 10/28/32</name>
        <lei>N/A</lei>
        <title>OMAN GOV INTERNTL BOND REGD REG S 7.37500000</title>
        <cusip>M75242BM4</cusip>
        <identifiers>
          <isin value="XS2234859283"/>
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        <balance>850000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>952357.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>OM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-10-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.37500000</annualizedRt>
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      <invstOrSec>
        <name>REPUBLIC OF CO 3.125% 04/15/31</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF COLOMBIA REGD 3.12500000</title>
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          <isin value="US195325DS19"/>
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        <balance>1285000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1038280.00000000</valUSD>
        <pctVal>0.302432918566</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EXPORT-IMPORT  3.875% 02/01/28</name>
        <lei>N/A</lei>
        <title>EXPORT-IMPORT BK INDIA REGD REG S 3.87500000</title>
        <cusip>30216KAC6</cusip>
        <identifiers>
          <isin value="US30216KAC62"/>
        </identifiers>
        <balance>875000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>857688.13000000</valUSD>
        <pctVal>0.249829645544</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PETROLEOS MEXI 6.875% 08/04/26</name>
        <lei>N/A</lei>
        <title>PETROLEOS MEXICANOS REGD MTN 6.87500000</title>
        <cusip>71654QCB6</cusip>
        <identifiers>
          <isin value="US71654QCB68"/>
        </identifiers>
        <balance>550000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>544500.00000000</valUSD>
        <pctVal>0.158603386523</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FED REPUBLIC OF BR 6% 10/20/33</name>
        <lei>N/A</lei>
        <title>FED REPUBLIC OF BRAZIL REGD 6.00000000</title>
        <cusip>105756CF5</cusip>
        <identifiers>
          <isin value="US105756CF53"/>
        </identifiers>
        <balance>1100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1087900.00000000</valUSD>
        <pctVal>0.316886362164</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-10-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANK GOSPODARST 5.75% 07/09/34</name>
        <lei>N/A</lei>
        <title>BANK GOSPODARSTWA KRAJOW REGD REG S 5.75000000</title>
        <cusip>X0645ADB5</cusip>
        <identifiers>
          <isin value="XS2851607403"/>
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        <balance>1200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1223124.00000000</valUSD>
        <pctVal>0.356274763155</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF COLOMB 8% 04/20/33</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF COLOMBIA REGD 8.00000000</title>
        <cusip>195325EF8</cusip>
        <identifiers>
          <isin value="US195325EF88"/>
        </identifiers>
        <balance>800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>815000.00000000</valUSD>
        <pctVal>0.237395335200</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-04-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF SRI LA 4% 04/15/28</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF SRI LANKA REGD REG S 4.00000000</title>
        <cusip>Y1237TAF9</cusip>
        <identifiers>
          <isin value="XS2966242500"/>
        </identifiers>
        <balance>219000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>203040.38000000</valUSD>
        <pctVal>0.059142133827</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>LK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CBB INTL SUKUK PRO 6% 02/12/31</name>
        <lei>N/A</lei>
        <title>CBB INTL SUKUK PROG WLL REGD REG S 6.00000000</title>
        <cusip>M2120GAL5</cusip>
        <identifiers>
          <isin value="XS2764425117"/>
        </identifiers>
        <balance>550000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>555604.50000000</valUSD>
        <pctVal>0.161837934375</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>BH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SAUDI INTERNATI 2.25% 02/02/33</name>
        <lei>N/A</lei>
        <title>SAUDI INTERNATIONAL BOND REGD REG S EMTN 2.25000000</title>
        <cusip>M6320UBD0</cusip>
        <identifiers>
          <isin value="XS2294322818"/>
        </identifiers>
        <balance>650000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>538486.00000000</valUSD>
        <pctVal>0.156851612847</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF COL 3.25% 04/22/32</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF COLOMBIA REGD 3.25000000</title>
        <cusip>195325DZ5</cusip>
        <identifiers>
          <isin value="US195325DZ51"/>
        </identifiers>
        <balance>1050000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>810600.00000000</valUSD>
        <pctVal>0.236113691672</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PETROLEOS DE VE 9.75% 05/17/35 /</name>
        <lei>N/A</lei>
        <title>PETROLEOS DE VENEZUELA S REGD 0.00000000</title>
        <cusip>P7807HAQ8</cusip>
        <identifiers>
          <isin value="USP7807HAQ85"/>
        </identifiers>
        <balance>1300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>168675.00000000</valUSD>
        <pctVal>0.049132095907</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>OMAN GOV INTERNTL  6% 08/01/29</name>
        <lei>N/A</lei>
        <title>OMAN GOV INTERNTL BOND REGD REG S EMTN 6.00000000</title>
        <cusip>M75242BK8</cusip>
        <identifiers>
          <isin value="XS1944412748"/>
        </identifiers>
        <balance>1525000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1572663.88000000</valUSD>
        <pctVal>0.458089655153</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>OM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>STATE OF QATAR 4.625% 05/29/29</name>
        <lei>N/A</lei>
        <title>STATE OF QATAR REGD REG S EMTN 4.62500000</title>
        <cusip>M8489SAR8</cusip>
        <identifiers>
          <isin value="XS2822506759"/>
        </identifiers>
        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>407016.00000000</valUSD>
        <pctVal>0.118556686812</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>QA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ARAB REPUBLIC  5.875% 02/16/31</name>
        <lei>N/A</lei>
        <title>ARAB REPUBLIC OF EGYPT REGD REG S EMTN 5.87500000</title>
        <cusip>M1487WDK8</cusip>
        <identifiers>
          <isin value="XS2297226545"/>
        </identifiers>
        <balance>1025000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>830250.00000000</valUSD>
        <pctVal>0.241837395153</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ROMANIA 3.625% 03/27/32</name>
        <lei>N/A</lei>
        <title>ROMANIA REGD REG S 3.62500000</title>
        <cusip>X7360WCA8</cusip>
        <identifiers>
          <isin value="XS2434896010"/>
        </identifiers>
        <balance>910000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>756692.30000000</valUSD>
        <pctVal>0.220411315585</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>RO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ARAB REPUBLIC  6.588% 02/21/28</name>
        <lei>N/A</lei>
        <title>ARAB REPUBLIC OF EGYPT REGD REG S 6.58800000</title>
        <cusip>M1487WCN3</cusip>
        <identifiers>
          <isin value="XS1775618439"/>
        </identifiers>
        <balance>775000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>724981.50000000</valUSD>
        <pctVal>0.211174510682</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.58800000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF SRI  S/UP 01/15/30</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF SRI LANKA REGD S/UP 144A P/P 3.10000000</title>
        <cusip>Y1237IAA4</cusip>
        <identifiers>
          <isin value="XS2966241528"/>
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        <balance>974333.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>797004.39000000</valUSD>
        <pctVal>0.232153526773</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>LK</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.10000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>KSA SUKUK LTD 2.25% 05/17/31</name>
        <lei>N/A</lei>
        <title>KSA SUKUK LTD REGD REG S EMTN 2.25000000</title>
        <cusip>G5321UAG2</cusip>
        <identifiers>
          <isin value="XS2408477797"/>
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        <balance>375000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>326368.13000000</valUSD>
        <pctVal>0.095065363950</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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      <invstOrSec>
        <name>ROMANIA 3% 02/27/27</name>
        <lei>N/A</lei>
        <title>ROMANIA REGD 3.00000000</title>
        <cusip>X7360WCB6</cusip>
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          <isin value="XS2434895988"/>
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        <balance>1170000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1120158.00000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>RO</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>STATE GRID OVERS 3.5% 05/04/27</name>
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        <cusip>G8450LAJ3</cusip>
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          <isin value="USG8450LAJ38"/>
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        <curCd>USD</curCd>
        <valUSD>792312.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>REPUBLIC OF T 11.875% 01/15/30</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF TURKIYE REGD SER 30Y 11.87500000</title>
        <cusip>900123AL4</cusip>
        <identifiers>
          <isin value="US900123AL40"/>
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        <balance>325000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>392479.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>TR</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF IND 3.85% 10/15/30</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF INDONESIA REGD 3.85000000</title>
        <cusip>455780CS3</cusip>
        <identifiers>
          <isin value="US455780CS32"/>
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        <balance>475000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>454218.75000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>ID</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-10-15</maturityDt>
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        <name>REPUBLIC OF SOU 4.85% 09/30/29</name>
        <lei>N/A</lei>
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        <cusip>836205BA1</cusip>
        <identifiers>
          <isin value="US836205BA15"/>
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        <balance>1450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1367350.00000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>ZA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.85000000</annualizedRt>
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      <invstOrSec>
        <name>CHINA GOVT INTL  1.2% 10/21/30</name>
        <lei>N/A</lei>
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        <cusip>Y15025AC6</cusip>
        <identifiers>
          <isin value="USY15025AC67"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>665145.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.20000000</annualizedRt>
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        <name>REPUBLIC OF GHAN S/UP 07/03/35</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF GHANA REGD S/UP REG S 5.00000000</title>
        <cusip>V3R60FEN0</cusip>
        <identifiers>
          <isin value="XS2893151287"/>
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        <balance>3442900.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2306743.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>GH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-03</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>REPUBLIC OF ARGE S/UP 01/09/38</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF ARGENTINA REGD S/UP 5.00000000</title>
        <cusip>040114HU7</cusip>
        <identifiers>
          <isin value="US040114HU71"/>
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        <balance>4310000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3038550.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>AR</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-09</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>KSA SUKUK LTD 5.25% 06/04/34</name>
        <lei>N/A</lei>
        <title>KSA SUKUK LTD REGD REG S 5.25000000</title>
        <cusip>G5321UAQ0</cusip>
        <identifiers>
          <isin value="XS2829208169"/>
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        <balance>650000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>666737.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>REPUBLIC OF PE 2.783% 01/23/31</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF PERU REGD 2.78300000</title>
        <cusip>715638DF6</cusip>
        <identifiers>
          <isin value="US715638DF60"/>
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        <balance>2142000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1905844.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>PE</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.78300000</annualizedRt>
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      <invstOrSec>
        <name>KINGDOM OF BAH 5.625% 09/30/31</name>
        <lei>N/A</lei>
        <title>KINGDOM OF BAHRAIN REGD REG S 5.62500000</title>
        <cusip>M63633BW6</cusip>
        <identifiers>
          <isin value="XS2058948451"/>
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        <balance>875000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>826770.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>BH</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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        <name>LEBANESE REP 1.0% 11/27/26</name>
        <lei>N/A</lei>
        <title>LEBANESE REP 1.0% 11/27/26 0.00000000</title>
        <cusip>M87883DJ6</cusip>
        <identifiers>
          <isin value="XS0707820659"/>
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        <curCd>USD</curCd>
        <valUSD>239400.00000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>LB</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-27</maturityDt>
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          <annualizedRt>0.00000000</annualizedRt>
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        <name>REPUBLIC OF SO 4.875% 04/14/26</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF SOUTH AFRICA REGD 4.87500000</title>
        <cusip>836205AT1</cusip>
        <identifiers>
          <isin value="US836205AT15"/>
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        <balance>1000000.00000000</balance>
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        <valUSD>994000.00000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>ZA</invCountry>
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          <annualizedRt>4.87500000</annualizedRt>
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        <name>REPUBLIC OF INDO 4.1% 04/24/28</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF INDONESIA REGD 4.10000000</title>
        <cusip>455780CF1</cusip>
        <identifiers>
          <isin value="US455780CF11"/>
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        <balance>200000.00000000</balance>
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        <valUSD>199600.00000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>ID</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>HUNGARY 6.125% 05/22/28</name>
        <lei>N/A</lei>
        <title>HUNGARY REGD REG S 6.12500000</title>
        <cusip>X93622GK2</cusip>
        <identifiers>
          <isin value="XS2574267188"/>
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        <balance>1788000.00000000</balance>
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        <valUSD>1841425.44000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>HU</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PAKISTAN GLOBAL 7.95% 01/31/29</name>
        <lei>N/A</lei>
        <title>PAKISTAN GLOBAL SUKUK REGD REG S EMTN 7.95000000</title>
        <cusip>Y2835JAL2</cusip>
        <identifiers>
          <isin value="XS2419405274"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>PK</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.95000000</annualizedRt>
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        <name>QATAR ENERGY 2.25% 07/12/31</name>
        <lei>N/A</lei>
        <title>QATAR ENERGY REGD REG S 2.25000000</title>
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        <identifiers>
          <isin value="XS2357494322"/>
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        <balance>1500000.00000000</balance>
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        <valUSD>1312845.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>QA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.25000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF TU 4.875% 10/09/26</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF TURKIYE REGD SER 11Y 4.87500000</title>
        <cusip>900123CK4</cusip>
        <identifiers>
          <isin value="US900123CK49"/>
        </identifiers>
        <balance>950000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>939360.00000000</valUSD>
        <pctVal>0.273619241808</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CBB INTL SUKUK 3.875% 05/18/29</name>
        <lei>N/A</lei>
        <title>CBB INTL SUKUK PROG WLL REGD REG S 3.87500000</title>
        <cusip>M2120GAG6</cusip>
        <identifiers>
          <isin value="XS2408002769"/>
        </identifiers>
        <balance>775000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>720753.88000000</valUSD>
        <pctVal>0.209943078453</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>BH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>SAUDI INTERNAT 4.375% 04/16/29</name>
        <lei>N/A</lei>
        <title>SAUDI INTERNATIONAL BOND REGD REG S EMTN 4.37500000</title>
        <cusip>M6320UAT6</cusip>
        <identifiers>
          <isin value="XS1936302865"/>
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        <balance>1050000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1045600.50000000</valUSD>
        <pctVal>0.304565252985</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>COSTA RICA GOVE 6.55% 04/03/34</name>
        <lei>N/A</lei>
        <title>COSTA RICA GOVERNMENT REGD REG S 6.55000000</title>
        <cusip>P3699PGM3</cusip>
        <identifiers>
          <isin value="USP3699PGM34"/>
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        <balance>1300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1330550.00000000</valUSD>
        <pctVal>0.387566089878</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>CR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.55000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>KINGDOM OF BAHRAIN 7% 10/12/28</name>
        <lei>N/A</lei>
        <title>KINGDOM OF BAHRAIN REGD REG S 7.00000000</title>
        <cusip>M87012AC0</cusip>
        <identifiers>
          <isin value="XS1405766541"/>
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        <balance>1050000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1073625.00000000</valUSD>
        <pctVal>0.312728302766</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>BH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF COLOMB 3% 01/30/30</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF COLOMBIA REGD 3.00000000</title>
        <cusip>195325DR3</cusip>
        <identifiers>
          <isin value="US195325DR36"/>
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        <balance>850000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>721225.00000000</valUSD>
        <pctVal>0.210080307521</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF KENY 6.3% 01/23/34</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF KENYA REGD 6.30000000</title>
        <cusip>V50249AE7</cusip>
        <identifiers>
          <isin value="XS2354781614"/>
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        <balance>900000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>684450.00000000</valUSD>
        <pctVal>0.199368389175</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>KE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.30000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>UAE INT'L GOVT  4.05% 07/07/32</name>
        <lei>N/A</lei>
        <title>UAE INT'L GOVT BOND REGD REG S EMTN 4.05000000</title>
        <cusip>M9402MAH5</cusip>
        <identifiers>
          <isin value="XS2492384818"/>
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        <balance>450000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>442073.25000000</valUSD>
        <pctVal>0.128768254437</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.05000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>STATE OF QATAR 4.75% 05/29/34</name>
        <lei>N/A</lei>
        <title>STATE OF QATAR REGD REG S EMTN 4.75000000</title>
        <cusip>M8489SAQ0</cusip>
        <identifiers>
          <isin value="XS2822506833"/>
        </identifiers>
        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>610542.00000000</valUSD>
        <pctVal>0.177840273305</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>QA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-05-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DP WORLD CRESC 4.848% 09/26/28</name>
        <lei>21380096JRTWB8TL9236</lei>
        <title>DP WORLD CRESCENT LTD REGD REG S EMTN 4.84800000</title>
        <cusip>G28288AB7</cusip>
        <identifiers>
          <isin value="XS1883963990"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>200040.00000000</valUSD>
        <pctVal>0.058268175280</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.84800000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PETROLEOS DE VENEZ 6% 05/16/24</name>
        <lei>N/A</lei>
        <title>PETROLEOS DE VENEZUELA S REGD 6.00000000</title>
        <cusip>P7807HAT2</cusip>
        <identifiers>
          <isin value="USP7807HAT25"/>
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        <balance>1760000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>209000.00000000</valUSD>
        <pctVal>0.060878067554</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ABU DHABI GOVT I 1.7% 03/02/31</name>
        <lei>N/A</lei>
        <title>ABU DHABI GOVT INT'L REGD REG S EMTN 1.70000000</title>
        <cusip>M0152WAM3</cusip>
        <identifiers>
          <isin value="XS2225210413"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>435395.00000000</valUSD>
        <pctVal>0.126822996281</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.70000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CNAC HK FINBRI 5.125% 03/14/28</name>
        <lei>N/A</lei>
        <title>CNAC HK FINBRIDGE CO LTD REGD REG S 5.12500000</title>
        <cusip>Y1670YAL9</cusip>
        <identifiers>
          <isin value="XS1788513734"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>504715.00000000</valUSD>
        <pctVal>0.147014707491</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FED REPUBLIC O 6.125% 03/15/34</name>
        <lei>N/A</lei>
        <title>FED REPUBLIC OF BRAZIL REGD 6.12500000</title>
        <cusip>105756CH1</cusip>
        <identifiers>
          <isin value="US105756CH10"/>
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        <balance>1125000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1106718.75000000</valUSD>
        <pctVal>0.322367936967</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BAPCO ENERGIES  6.25% 01/29/35</name>
        <lei>54930062R6OFRHBRAI29</lei>
        <title>BAPCO ENERGIES SUKUK LTD REGD REG S EMTN 6.25000000</title>
        <cusip>G0891NAA2</cusip>
        <identifiers>
          <isin value="XS2976035316"/>
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        <balance>700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>713125.00000000</valUSD>
        <pctVal>0.207720918300</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SINOPEC GRP DEV 2.95% 11/12/29</name>
        <lei>N/A</lei>
        <title>SINOPEC GRP DEV 201 REGD REG S 2.95000000</title>
        <cusip>G82016AL3</cusip>
        <identifiers>
          <isin value="USG82016AL31"/>
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        <balance>450000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>429961.50000000</valUSD>
        <pctVal>0.125240312166</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.95000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF SERB 6.5% 09/26/33</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF SERBIA REGD 6.50000000</title>
        <cusip>X77765CU1</cusip>
        <identifiers>
          <isin value="XS2580270275"/>
        </identifiers>
        <balance>750000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>775312.50000000</valUSD>
        <pctVal>0.225835056223</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>RS</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
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        <lei>N/A</lei>
        <title>ROMANIA REGD REG S 5.87500000</title>
        <cusip>X7360WCU4</cusip>
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          <isin value="XS2756521212"/>
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        <balance>1600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1588608.00000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>RO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GACI FIRST INVESTM 5% 10/13/27</name>
        <lei>558600TU1PWGNLZ3XM88</lei>
        <title>GACI FIRST INVESTMENT REGD REG S 5.00000000</title>
        <cusip>G3705QAA5</cusip>
        <identifiers>
          <isin value="XS2542162321"/>
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        <balance>450000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>452891.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>ADNOC MURBAN RSC 4.5% 09/11/34</name>
        <lei>N/A</lei>
        <title>ADNOC MURBAN RSC LT REGD REG S 4.50000000</title>
        <cusip>M0R822AF0</cusip>
        <identifiers>
          <isin value="XS2898198432"/>
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        <balance>535000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>516275.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>REPUBLIC OF PHI 4.75% 03/05/35</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF PHILIPPINES REGD 4.75000000</title>
        <cusip>718286DC8</cusip>
        <identifiers>
          <isin value="US718286DC88"/>
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        <balance>550000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>535631.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-03-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>REPUBLIC OF PA 2.252% 09/29/32</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF PANAMA REGD 2.25200000</title>
        <cusip>698299BN3</cusip>
        <identifiers>
          <isin value="US698299BN37"/>
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        <balance>1400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1030050.00000000</valUSD>
        <pctVal>0.300035662604</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>PA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.25200000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GOVERNMENT OF J 6.75% 04/28/28</name>
        <lei>N/A</lei>
        <title>GOVERNMENT OF JAMAICA REGD 6.75000000</title>
        <cusip>470160CA8</cusip>
        <identifiers>
          <isin value="US470160CA80"/>
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        <balance>1055000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1082430.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>JM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>REPUBLIC OF SO 5.875% 06/22/30</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF SOUTH AFRICA REGD 5.87500000</title>
        <cusip>836205AY0</cusip>
        <identifiers>
          <isin value="US836205AY00"/>
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        <balance>1025000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>993993.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PETROLEOS MEXIC 8.75% 06/02/29</name>
        <lei>N/A</lei>
        <title>PETROLEOS MEXICANOS REGD MTN 8.75000000</title>
        <cusip>71654QDL3</cusip>
        <identifiers>
          <isin value="US71654QDL32"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>491950.00000000</valUSD>
        <pctVal>0.143296484848</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SINOPEC GRP DEV 1.45% 01/08/26</name>
        <lei>N/A</lei>
        <title>SINOPEC GRP DEV 201 REGD REG S 1.45000000</title>
        <cusip>G82016AR0</cusip>
        <identifiers>
          <isin value="USG82016AR01"/>
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        <balance>450000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>441004.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.45000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PETROLEOS MEXIC 6.84% 01/23/30</name>
        <lei>N/A</lei>
        <title>PETROLEOS MEXICANOS REGD 6.84000000</title>
        <cusip>71654QDC3</cusip>
        <identifiers>
          <isin value="US71654QDC33"/>
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        <balance>550000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>491438.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.84000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FED REPUBLIC OF  4.5% 05/30/29</name>
        <lei>N/A</lei>
        <title>FED REPUBLIC OF BRAZIL REGD 4.50000000</title>
        <cusip>105756CA6</cusip>
        <identifiers>
          <isin value="US105756CA66"/>
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        <balance>975000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>955500.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KSA SUKUK LTD 4.303% 01/19/29</name>
        <lei>N/A</lei>
        <title>KSA SUKUK LTD REGD REG S EMTN 4.30300000</title>
        <cusip>G5321UAE7</cusip>
        <identifiers>
          <isin value="XS1881581968"/>
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        <balance>650000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>645859.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.30300000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UNITED MEXICAN 4.125% 01/21/26</name>
        <lei>N/A</lei>
        <title>UNITED MEXICAN STATES REGD MTN 4.12500000</title>
        <cusip>91086QBG2</cusip>
        <identifiers>
          <isin value="US91086QBG29"/>
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        <balance>425000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>423831.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>MX</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KSA SUKUK LTD 3.628% 04/20/27</name>
        <lei>N/A</lei>
        <title>KSA SUKUK LTD REGD REG S EMTN 3.62800000</title>
        <cusip>G5321UAC1</cusip>
        <identifiers>
          <isin value="XS1599284202"/>
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        <balance>1100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1086184.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62800000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INDONESIA GOVT S 1.5% 06/09/26</name>
        <lei>N/A</lei>
        <title>INDONESIA GOVT SUKUK REGD REG S 1.50000000</title>
        <cusip>71567RAR7</cusip>
        <identifiers>
          <isin value="US71567RAR75"/>
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        <balance>450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>436725.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHINA LIFE INSU O V/R 08/15/33</name>
        <lei>N/A</lei>
        <title>CHINA LIFE INSU OVERS/HK REGD V/R REG S 5.35000000</title>
        <cusip>Y1R02PAB0</cusip>
        <identifiers>
          <isin value="XS2621319040"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>767366.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.35000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>REPUBLIC OF NI 8.375% 03/24/29</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF NIGERIA REGD REG S EMTN 8.37500000</title>
        <cusip>V342A3CG7</cusip>
        <identifiers>
          <isin value="XS2445169985"/>
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        <balance>925000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>866031.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>NG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>FED REPUBLIC O 3.875% 06/12/30</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>ISLAMIC REP OF 6.875% 12/05/27</name>
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        <cusip>Y2835JAE8</cusip>
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          <isin value="XS1729875598"/>
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        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF NI 8.747% 01/21/31</name>
        <lei>N/A</lei>
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        <cusip>V342A3CC6</cusip>
        <identifiers>
          <isin value="XS1910827887"/>
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        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF COLO 4.5% 01/28/26</name>
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        <identifiers>
          <isin value="US195325CX13"/>
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        <curCd>USD</curCd>
        <valUSD>524475.00000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>CO</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF KENY 9.5% 03/05/36</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF KENYA REGD REG S 9.50000000</title>
        <cusip>V7179SCZ5</cusip>
        <identifiers>
          <isin value="XS3010561762"/>
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        <curCd>USD</curCd>
        <valUSD>1003375.00000000</valUSD>
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        <invCountry>KE</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>LEBANESE REPUBL 8.25% 04/12/21</name>
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        <cusip>M87883CE8</cusip>
        <identifiers>
          <isin value="XS0250882478"/>
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        <valUSD>342000.00000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>LB</invCountry>
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          <maturityDt>2025-12-31</maturityDt>
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          <annualizedRt>0.00000000</annualizedRt>
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        <name>PETROLEOS MEXICA 6.7% 02/16/32</name>
        <lei>N/A</lei>
        <title>PETROLEOS MEXICANOS REGD 6.70000000</title>
        <cusip>71643VAB1</cusip>
        <identifiers>
          <isin value="US71643VAB18"/>
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        <balance>1550000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1331295.00000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>REPUBLIC OF PERU 3% 01/15/34</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF PERU REGD 3.00000000</title>
        <cusip>715638DU3</cusip>
        <identifiers>
          <isin value="US715638DU38"/>
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        <balance>1515000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1267297.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>PE</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <name>STATE OF QATAR 4.5% 04/23/28</name>
        <lei>N/A</lei>
        <title>STATE OF QATAR REGD 4.50000000</title>
        <cusip>M8489SAH0</cusip>
        <identifiers>
          <isin value="XS1807174393"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1266406.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>QA</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>OMAN GOV INTERN 6.25% 01/25/31</name>
        <lei>N/A</lei>
        <title>OMAN GOV INTERNTL BOND REGD REG S 6.25000000</title>
        <cusip>M75242BQ5</cusip>
        <identifiers>
          <isin value="XS2288905370"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1310387.50000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>OM</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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        <name>SOUTHERN GAS C 6.875% 03/24/26</name>
        <lei>N/A</lei>
        <title>SOUTHERN GAS CORRIDOR REGD REG S 6.87500000</title>
        <cusip>Y8T6JPAA4</cusip>
        <identifiers>
          <isin value="XS1319820897"/>
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        <balance>1650000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1664602.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>AZ</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>REPUBLIC OF PHI 3.75% 01/14/29</name>
        <lei>N/A</lei>
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        <cusip>718286CG0</cusip>
        <identifiers>
          <isin value="US718286CG02"/>
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        <balance>850000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>PH</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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        <name>PETROLEOS MEXICA 4.5% 01/23/26</name>
        <lei>N/A</lei>
        <title>PETROLEOS MEXICANOS REGD SER WI 4.50000000</title>
        <cusip>71654QBW1</cusip>
        <identifiers>
          <isin value="US71654QBW15"/>
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        <balance>275000.00000000</balance>
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        <valUSD>268482.50000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF ECUAD ZCP 07/31/30</name>
        <lei>N/A</lei>
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          <isin value="XS2214239506"/>
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        <valUSD>476431.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>EC</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-07-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>CODELCO INC 5.95% 01/08/34</name>
        <lei>N/A</lei>
        <title>CODELCO INC REGD REG S 5.95000000</title>
        <cusip>P3143NBQ6</cusip>
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          <isin value="USP3143NBQ62"/>
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        <balance>675000.00000000</balance>
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        <valUSD>685462.50000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-01-08</maturityDt>
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        <name>REPUBLIC OF CHIL 3.5% 01/31/34</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF CHILE REGD 3.50000000</title>
        <cusip>168863DV7</cusip>
        <identifiers>
          <isin value="US168863DV76"/>
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        <balance>575000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>515775.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>CHINA GOVT INT 2.125% 12/03/29</name>
        <lei>N/A</lei>
        <title>CHINA GOVT INTL BOND REGD REG S 2.12500000</title>
        <cusip>Y5325SAL2</cusip>
        <identifiers>
          <isin value="XS2084425110"/>
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        <balance>825000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>775825.88000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.12500000</annualizedRt>
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      <invstOrSec>
        <name>DOMINICAN REPUBL 4.5% 01/30/30</name>
        <lei>N/A</lei>
        <title>DOMINICAN REPUBLIC REGD REG S 4.50000000</title>
        <cusip>P3579ECF2</cusip>
        <identifiers>
          <isin value="USP3579ECF27"/>
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        <balance>1400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1308300.00000000</valUSD>
        <pctVal>0.381085051585</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>DO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>BANK GOSPODARST 6.25% 10/31/28</name>
        <lei>N/A</lei>
        <title>BANK GOSPODARSTWA KRAJOW REGD REG S 6.25000000</title>
        <cusip>X0645ACG5</cusip>
        <identifiers>
          <isin value="XS2711511795"/>
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        <balance>700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>736785.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>PETRONAS CAPITAL 3.5% 04/21/30</name>
        <lei>N/A</lei>
        <title>PETRONAS CAPITAL LTD REGD REG S EMTN 3.50000000</title>
        <cusip>Y68856AT3</cusip>
        <identifiers>
          <isin value="USY68856AT38"/>
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        <balance>1650000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1567326.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF IND 4.85% 01/11/33</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF INDONESIA REGD 4.85000000</title>
        <cusip>455780DR4</cusip>
        <identifiers>
          <isin value="US455780DR40"/>
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        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>594300.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.85000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ARAB REPUBLIC OF 7.5% 01/31/27</name>
        <lei>N/A</lei>
        <title>ARAB REPUBLIC OF EGYPT REGD 7.50000000</title>
        <cusip>M1487WBR5</cusip>
        <identifiers>
          <isin value="XS1558078736"/>
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        <balance>1425000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1414932.38000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF IND 3.85% 07/18/27</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF INDONESIA REGD REG S EMTN 3.85000000</title>
        <cusip>Y20721BT5</cusip>
        <identifiers>
          <isin value="USY20721BT56"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>395750.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.85000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CHINA GOVT INTL 1.25% 10/26/26</name>
        <lei>N/A</lei>
        <title>CHINA GOVT INTL BOND REGD REG S 1.25000000</title>
        <cusip>Y5325QAE2</cusip>
        <identifiers>
          <isin value="USY5325QAE27"/>
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        <balance>800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>774140.00000000</valUSD>
        <pctVal>0.225493527352</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PETROLEOS MEXICA 6.5% 03/13/27</name>
        <lei>N/A</lei>
        <title>PETROLEOS MEXICANOS REGD 6.50000000</title>
        <cusip>71654QCG5</cusip>
        <identifiers>
          <isin value="US71654QCG55"/>
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        <balance>1075000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1051242.50000000</valUSD>
        <pctVal>0.306208669526</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF TURK 8.6% 09/24/27</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF TURKIYE REGD SER 6Y 8.60000000</title>
        <cusip>M88269US8</cusip>
        <identifiers>
          <isin value="USM88269US88"/>
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        <balance>625000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>656643.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.60000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF SRI  S/UP 03/15/33</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF SRI LANKA REGD S/UP 144A P/P 3.35000000</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2966241791"/>
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        <balance>1818843.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1291560.41000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>LK</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-03-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.35000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAUDI INTERNATIO 2.5% 02/03/27</name>
        <lei>N/A</lei>
        <title>SAUDI INTERNATIONAL BOND REGD REG S EMTN 2.50000000</title>
        <cusip>M6320UAY5</cusip>
        <identifiers>
          <isin value="XS2109766126"/>
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        <balance>275000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>266560.25000000</valUSD>
        <pctVal>0.077644367975</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>REPUBLICA ORIE 4.375% 10/27/27</name>
        <lei>N/A</lei>
        <title>REPUBLICA ORIENT URUGUAY REGD 4.37500000</title>
        <cusip>760942BB7</cusip>
        <identifiers>
          <isin value="US760942BB71"/>
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        <balance>1075000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1078762.50000000</valUSD>
        <pctVal>0.314224767225</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>UY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CODELCO INC 3.625% 08/01/27</name>
        <lei>N/A</lei>
        <title>CODELCO INC REGD REG S 3.62500000</title>
        <cusip>P3143NAY0</cusip>
        <identifiers>
          <isin value="USP3143NAY06"/>
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        <balance>375000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>367500.00000000</valUSD>
        <pctVal>0.107046362805</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>INDONESIA GOVT S 5.4% 11/15/28</name>
        <lei>N/A</lei>
        <title>INDONESIA GOVT SUKUK REGD REG S 5.40000000</title>
        <cusip>71567RAX4</cusip>
        <identifiers>
          <isin value="US71567RAX44"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>413258.00000000</valUSD>
        <pctVal>0.120374872925</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.40000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>REPUBLIC OF KEN 7.25% 02/28/28</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF KENYA REGD 7.25000000</title>
        <cusip>V50249AB3</cusip>
        <identifiers>
          <isin value="XS1781710543"/>
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        <balance>800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>748800.00000000</valUSD>
        <pctVal>0.218112425764</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>KE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>FED REPUBLIC OF 3.75% 09/12/31</name>
        <lei>N/A</lei>
        <title>FED REPUBLIC OF BRAZIL REGD 3.75000000</title>
        <cusip>105756CE8</cusip>
        <identifiers>
          <isin value="US105756CE88"/>
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        <balance>775000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>698275.00000000</valUSD>
        <pctVal>0.203395371395</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>ARAB REPUBLIC OF 7.3% 09/30/33</name>
        <lei>N/A</lei>
        <title>ARAB REPUBLIC OF EGYPT REGD REG S EMTN 7.30000000</title>
        <cusip>M1487WDP7</cusip>
        <identifiers>
          <isin value="XS2391395154"/>
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        <balance>850000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>688551.00000000</valUSD>
        <pctVal>0.200562939199</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.30000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MALAYSIA SUKUK 3.179% 04/27/26</name>
        <lei>N/A</lei>
        <title>MALAYSIA SUKUK GLOBAL REGD REG S 3.17900000</title>
        <cusip>Y54788AA5</cusip>
        <identifiers>
          <isin value="USY54788AA57"/>
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        <balance>900000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>891643.50000000</valUSD>
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        <invCountry>MY</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <lei>N/A</lei>
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        <cusip>731011AX0</cusip>
        <identifiers>
          <isin value="US731011AX08"/>
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        <balance>890000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>897983.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>PL</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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        <name>REPUBLIC OF TURKIY 8% 02/14/34</name>
        <lei>N/A</lei>
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        <cusip>900123AT7</cusip>
        <identifiers>
          <isin value="US900123AT75"/>
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        <curCd>USD</curCd>
        <valUSD>451312.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
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        <name>CBB INTL SUKUK 5.875% 06/05/32</name>
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        <cusip>M63633CJ4</cusip>
        <identifiers>
          <isin value="XS2951616478"/>
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        <balance>800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>799152.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>BH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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        <name>SUCI SECOND IN 4.375% 09/10/27</name>
        <lei>558600VUMCHBIHACQF76</lei>
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        <cusip>G85444AD2</cusip>
        <identifiers>
          <isin value="XS2898168799"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>297789.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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        <name>UNITED MEXICAN 6.75% 9/27/34</name>
        <lei>N/A</lei>
        <title>UNITED MEXICAN STATES REGD MTN SER MTNA 6.75000000</title>
        <cusip>91086QAS7</cusip>
        <identifiers>
          <isin value="US91086QAS75"/>
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        <balance>550000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>572000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>MX</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SUCI SECOND INVEST 6% 10/25/28</name>
        <lei>558600VUMCHBIHACQF76</lei>
        <title>SUCI SECOND INVEST CO REGD REG S 6.00000000</title>
        <cusip>G85444AB6</cusip>
        <identifiers>
          <isin value="XS2706163131"/>
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        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>623319.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>SHARJAH SUKUK  3.854% 04/03/26</name>
        <lei>N/A</lei>
        <title>SHARJAH SUKUK PROGRAM REGD REG S EMTN 3.85400000</title>
        <cusip>G8110JAD3</cusip>
        <identifiers>
          <isin value="XS1969593356"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>198200.00000000</valUSD>
        <pctVal>0.057732215259</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.85400000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>STATE OF QATAR 4% 03/14/29</name>
        <lei>N/A</lei>
        <title>STATE OF QATAR REGD 4.00000000</title>
        <cusip>M8489SAL1</cusip>
        <identifiers>
          <isin value="XS1959337582"/>
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        <balance>1550000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1543505.50000000</valUSD>
        <pctVal>0.449596325835</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>QA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DOMINICAN REPUB 5.95% 01/25/27</name>
        <lei>N/A</lei>
        <title>DOMINICAN REPUBLIC REGD REG S 5.95000000</title>
        <cusip>P3579EBV8</cusip>
        <identifiers>
          <isin value="USP3579EBV85"/>
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        <balance>1225000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1231125.00000000</valUSD>
        <pctVal>0.358605315396</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>DO</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.95000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>SAUDI INTERNAT 4.875% 07/18/33</name>
        <lei>N/A</lei>
        <title>SAUDI INTERNATIONAL BOND REGD REG S EMTN 4.87500000</title>
        <cusip>M6320UCB3</cusip>
        <identifiers>
          <isin value="XS2577135127"/>
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        <balance>875000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>867890.63000000</valUSD>
        <pctVal>0.252801456473</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UNITED MEXICAN  6.35% 02/09/35</name>
        <lei>N/A</lei>
        <title>UNITED MEXICAN STATES REGD 6.35000000</title>
        <cusip>91087BAV2</cusip>
        <identifiers>
          <isin value="US91087BAV27"/>
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        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>597000.00000000</valUSD>
        <pctVal>0.173895724066</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.35000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UAE INT'L GOVT BON 2% 10/19/31</name>
        <lei>N/A</lei>
        <title>UAE INT'L GOVT BOND REGD REG S EMTN 2.00000000</title>
        <cusip>M9402MAF9</cusip>
        <identifiers>
          <isin value="XS2397053757"/>
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        <balance>225000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>196656.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>AE</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>REPUBLIC OF PO 5.125% 09/18/34</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF POLAND REGD 5.12500000</title>
        <cusip>731011AY8</cusip>
        <identifiers>
          <isin value="US731011AY80"/>
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        <balance>1910000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1900335.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OMAN GOV INTERN 4.75% 06/15/26</name>
        <lei>N/A</lei>
        <title>OMAN GOV INTERNTL BOND REGD REG S 4.75000000</title>
        <cusip>M75242AW3</cusip>
        <identifiers>
          <isin value="XS1405777589"/>
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        <balance>1725000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1716375.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>OM</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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        <name>REPUBLIC OF PH 6.375% 01/15/32</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF PHILIPPINES REGD 6.37500000</title>
        <cusip>718286BD8</cusip>
        <identifiers>
          <isin value="US718286BD89"/>
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        <balance>550000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>596576.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>PH</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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      <invstOrSec>
        <name>REPUBLIC OF KENYA 8% 05/22/32</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF KENYA REGD REG S 8.00000000</title>
        <cusip>V50249AD9</cusip>
        <identifiers>
          <isin value="XS1843435766"/>
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        <balance>1100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>954085.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>KE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
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      <invstOrSec>
        <name>PETRONAS CAPITA 2.48% 01/28/32</name>
        <lei>N/A</lei>
        <title>PETRONAS CAPITAL LTD REGD REG S EMTN 2.48000000</title>
        <cusip>Y6886MAE0</cusip>
        <identifiers>
          <isin value="USY6886MAE04"/>
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        <balance>1125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>964518.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <lei>N/A</lei>
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        <issuerCat>USGA</issuerCat>
        <invCountry>ZA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>REPUBLIC OF ECUA S/UP 07/31/30</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF ECUADOR REGD S/UP 6.90000000</title>
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        <identifiers>
          <isin value="XS2214237807"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1944968.33000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>EC</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-31</maturityDt>
          <couponKind>Variable</couponKind>
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        <name>REPUBLIC OF PE 1.862% 12/01/32</name>
        <lei>N/A</lei>
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        <identifiers>
          <isin value="US715638DP43"/>
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        <balance>755000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>597205.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>PE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.86200000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EXPORT-IMPORT  3.375% 08/05/26</name>
        <lei>N/A</lei>
        <title>EXPORT-IMPORT BK INDIA REGD REG S 3.37500000</title>
        <cusip>30216KAA0</cusip>
        <identifiers>
          <isin value="US30216KAA07"/>
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        <balance>775000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>763239.38000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CNAC HK FINBRIDGE  3% 09/22/30</name>
        <lei>N/A</lei>
        <title>CNAC HK FINBRIDGE CO LTD REGD 3.00000000</title>
        <cusip>Y1670YAW5</cusip>
        <identifiers>
          <isin value="XS2226808165"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>364284.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SHARJAH SUKUK  4.226% 03/14/28</name>
        <lei>N/A</lei>
        <title>SHARJAH SUKUK PROGRAM REGD REG S EMTN 4.22600000</title>
        <cusip>G8110JAA9</cusip>
        <identifiers>
          <isin value="XS1791326991"/>
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        <balance>650000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>636411.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.22600000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>REPUBLIC OF TURKIY 6% 03/25/27</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF TURKIYE REGD SER 10Y 6.00000000</title>
        <cusip>900123CL2</cusip>
        <identifiers>
          <isin value="US900123CL22"/>
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        <balance>1050000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1050199.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>REPUBLIC OF TUR 4.25% 04/14/26</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF TURKIYE REGD SER 11Y 4.25000000</title>
        <cusip>900123CJ7</cusip>
        <identifiers>
          <isin value="US900123CJ75"/>
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        <balance>525000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>517781.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UNITED MEXICAN S 5.4% 02/09/28</name>
        <lei>N/A</lei>
        <title>UNITED MEXICAN STATES REGD 5.40000000</title>
        <cusip>91087BAU4</cusip>
        <identifiers>
          <isin value="US91087BAU44"/>
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        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>306262.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.40000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HAZINE MUSTESA 9.758% 11/13/25</name>
        <lei>N/A</lei>
        <title>HAZINE MUSTESARLIGI VARL REGD REG S 9.75800000</title>
        <cusip>M5258TAD2</cusip>
        <identifiers>
          <isin value="XS2523929474"/>
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        <balance>850000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>871690.94000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.75800000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ABU DHABI GOVT 4.875% 04/30/29</name>
        <lei>N/A</lei>
        <title>ABU DHABI GOVT INT'L REGD REG S EMTN 4.87500000</title>
        <cusip>M0152WAS0</cusip>
        <identifiers>
          <isin value="XS2811094130"/>
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        <balance>550000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>565125.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>STATE GRID OVE 1.625% 08/05/30</name>
        <lei>N/A</lei>
        <title>STATE GRID OVERSEAS INV REGD REG S EMTN 1.62500000</title>
        <cusip>G8450LAZ7</cusip>
        <identifiers>
          <isin value="XS2152902479"/>
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        <balance>425000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>377453.13000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.62500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EXPORT-IMPORT B 3.25% 01/15/30</name>
        <lei>N/A</lei>
        <title>EXPORT-IMPORT BK INDIA REGD REG S EMTN 3.25000000</title>
        <cusip>30216KAE2</cusip>
        <identifiers>
          <isin value="US30216KAE29"/>
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        <balance>800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>745376.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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        <name>REPUBLIC OF INDO 5.6% 01/15/35</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF INDONESIA REGD 5.60000000</title>
        <cusip>455780EA0</cusip>
        <identifiers>
          <isin value="US455780EA06"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>310125.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.60000000</annualizedRt>
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      <invstOrSec>
        <name>DOMINICAN REPUB 7.05% 02/03/31</name>
        <lei>N/A</lei>
        <title>DOMINICAN REPUBLIC REGD REG S 7.05000000</title>
        <cusip>P3579ECR6</cusip>
        <identifiers>
          <isin value="USP3579ECR64"/>
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        <balance>850000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>878900.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>DO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>REPUBLIC OF TURK 6.5% 09/20/33</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF TURKIYE REGD SER 12Y 6.50000000</title>
        <cusip>900123DD9</cusip>
        <identifiers>
          <isin value="US900123DD96"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>464565.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>REPUBLIC OF SOU 4.85% 09/27/27</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF SOUTH AFRICA REGD 4.85000000</title>
        <cusip>836205AW4</cusip>
        <identifiers>
          <isin value="US836205AW44"/>
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        <balance>650000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>638969.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.85000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ARAB REPUBLIC OF 5.8% 09/30/27</name>
        <lei>N/A</lei>
        <title>ARAB REPUBLIC OF EGYPT REGD REG S 5.80000000</title>
        <cusip>M1487WDM4</cusip>
        <identifiers>
          <isin value="XS2391394348"/>
        </identifiers>
        <balance>850000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>802187.50000000</valUSD>
        <pctVal>0.233663276633</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.80000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HAZINE MUSTESA 8.509% 01/14/29</name>
        <lei>N/A</lei>
        <title>HAZINE MUSTESARLIGI VARL REGD REG S 8.50910000</title>
        <cusip>M53008AC8</cusip>
        <identifiers>
          <isin value="XS2689091846"/>
        </identifiers>
        <balance>825000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>875325.00000000</valUSD>
        <pctVal>0.254966959244</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50910000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2025-05-30</ncom:dateSigned>
      <ncom:nameOfApplicant>BondBloxx ETF Trust</ncom:nameOfApplicant>
      <ncom:signature>Tony Kelly</ncom:signature>
      <ncom:signerName>Tony Kelly</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
