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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>UKRAINE GOVERNME S/UP 02/01/35</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SAUDI ARABIAN O 3.25% 11/24/50</name>
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          <isin value="XS2262853349"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>DOMINICAN REPUB 7.45% 04/30/44</name>
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        <cusip>P3579EAY3</cusip>
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          <isin value="USP3579EAY34"/>
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        <curCd>USD</curCd>
        <valUSD>163173.54000000</valUSD>
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        <issuerCat>USGA</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <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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        <curCd>USD</curCd>
        <valUSD>199885.63000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>EG</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 07/31/40</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF ECUADOR REGD S/UP REG S 5.00000000</title>
        <cusip>P8054QBE2</cusip>
        <identifiers>
          <isin value="XS2214239175"/>
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        <balance>109887.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>92168.69000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>EC</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>STILLWATER MININ 4.5% 11/16/29</name>
        <lei>N/A</lei>
        <title>STILLWATER MINING C REGD REG S 4.50000000</title>
        <cusip>U85969AF7</cusip>
        <identifiers>
          <isin value="USU85969AF71"/>
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        <balance>210000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>201329.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <name>IVORY COAST 8.25% 01/30/37</name>
        <lei>N/A</lei>
        <title>IVORY COAST REGD REG S 8.25000000</title>
        <cusip>V73789BK0</cusip>
        <identifiers>
          <isin value="XS2752065479"/>
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        <curCd>USD</curCd>
        <valUSD>236293.51000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>CI</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>UKRAINE GOVERNME S/UP 02/01/32</name>
        <lei>N/A</lei>
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        <cusip>X5S0058J3</cusip>
        <identifiers>
          <isin value="XS3261834314"/>
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        <curCd>USD</curCd>
        <valUSD>201414.04000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>UA</invCountry>
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          <couponKind>Variable</couponKind>
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        <name>ISLAMIC REP OF 8.875% 04/08/51</name>
        <lei>N/A</lei>
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        <cusip>Y2835JAJ7</cusip>
        <identifiers>
          <isin value="XS2322321964"/>
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        <curCd>USD</curCd>
        <valUSD>210530.79000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>PK</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>REPUBLIC OF AN 9.244% 01/15/31</name>
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        <cusip>V02834AA3</cusip>
        <identifiers>
          <isin value="XS3204248440"/>
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        <curCd>USD</curCd>
        <valUSD>225765.23000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>AO</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF 6.5% 11/26/38/EUR/</name>
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        <cusip>P28714AV8</cusip>
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        <issuerCat>USGA</issuerCat>
        <invCountry>CO</invCountry>
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        <name>REPUBLIC OF N 10.375% 12/09/34</name>
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        <identifiers>
          <isin value="XS2948512913"/>
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        <issuerCat>USGA</issuerCat>
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        <name>ROMANIA 6.375% 01/30/34</name>
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        <title>ROMANIA REGD REG S 6.37500000</title>
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          <isin value="XS2756521303"/>
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        <name>REPUBLIC OF ARGE S/UP 07/09/35</name>
        <lei>N/A</lei>
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        <invCountry>AR</invCountry>
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      <invstOrSec>
        <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>
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          <isin value="XS2893151287"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>GH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>PETROLEOS MEXI 6.375% 01/23/45</name>
        <lei>N/A</lei>
        <title>PETROLEOS MEXICANOS REGD SER WI 6.37500000</title>
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        <identifiers>
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        <name>IVORY COAST 8.075% 04/01/36</name>
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          <isin value="XS3030237120"/>
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          <isin value="XS3010561762"/>
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        <name>COMISION FEDERA 6.45% 01/24/35</name>
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        <issuerCat>CORP</issuerCat>
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          <isin value="XS3196101201"/>
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        <issuerCat>USGA</issuerCat>
        <invCountry>KE</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <cusip>S7836LAB4</cusip>
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          <isin value="XS2917537875"/>
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        <name>COMISION FEDER 6.125% 06/16/45</name>
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        <name>SABLE INTL FIN 7.125% 10/15/32</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>SAUDI ARABIAN OIL  6% 02/02/56</name>
        <lei>N/A</lei>
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        <cusip>M8237RAW4</cusip>
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        <valUSD>193966.49000000</valUSD>
        <pctVal>1.097767991561</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-02-02</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>LEBANESE REPUBL 6.65% 04/22/24</name>
        <lei>N/A</lei>
        <title>LEBANESE REPUBLIC REGD REG S 0.00000000</title>
        <cusip>M87883DN7</cusip>
        <identifiers>
          <isin value="XS1396347566"/>
        </identifiers>
        <balance>220000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>54357.29000000</valUSD>
        <pctVal>0.307639185871</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>LB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-22</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>AEROPUERTO INT 5.125% 08/11/61</name>
        <lei>N/A</lei>
        <title>AEROPUERTO INTL TOCUMEN REGD REG S 5.12500000</title>
        <cusip>P0092AAG4</cusip>
        <identifiers>
          <isin value="USP0092AAG42"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>169703.07000000</valUSD>
        <pctVal>0.960447334566</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-08-11</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANCO DAVIVIENDA  V/R 07/02/35</name>
        <lei>N/A</lei>
        <title>BANCO DAVIVIENDA SA REGD V/R REG S 8.12500000</title>
        <cusip>P0R137PD9</cusip>
        <identifiers>
          <isin value="USP0R137PD99"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>207153.69000000</valUSD>
        <pctVal>1.172401945387</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-02</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.12500000</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>COMISION FEDERAL 6.5% 01/28/51</name>
        <lei>N/A</lei>
        <title>COMISION FEDERAL DE ELEC REGD REG S 6.50000000</title>
        <cusip>P29595AG3</cusip>
        <identifiers>
          <isin value="USP29595AG39"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>195072.24000000</valUSD>
        <pctVal>1.104026067153</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-01-28</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CODELCO INC 5.529% 01/30/37</name>
        <lei>N/A</lei>
        <title>CODELCO INC REGD REG S 5.52900000</title>
        <cusip>P3143NBZ6</cusip>
        <identifiers>
          <isin value="USP3143NBZ61"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>196961.95000000</valUSD>
        <pctVal>1.114721023541</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.52900000</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>DOMINICAN REPUB 6.95% 03/15/37</name>
        <lei>N/A</lei>
        <title>DOMINICAN REPUBLIC REGD REG S 6.95000000</title>
        <cusip>P3579ECW5</cusip>
        <identifiers>
          <isin value="USP3579ECW59"/>
        </identifiers>
        <balance>150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>159324.96000000</valUSD>
        <pctVal>0.901711637638</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>DO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.95000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EMPRESA NACIONA 5.95% 07/30/34</name>
        <lei>N/A</lei>
        <title>EMPRESA NACIONAL DEL PET REGD REG S 5.95000000</title>
        <cusip>P37110AT3</cusip>
        <identifiers>
          <isin value="USP37110AT33"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>204423.08000000</valUSD>
        <pctVal>1.156947851974</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.95000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BOLIVIA GOVERNM 9.45% 05/14/31</name>
        <lei>N/A</lei>
        <title>BOLIVIA GOVERNMENT REGD REG S 9.45000000</title>
        <cusip>P37878AF5</cusip>
        <identifiers>
          <isin value="USP37878AF56"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>205196.42000000</valUSD>
        <pctVal>1.161324628079</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>BO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.45000000</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>REPUBLIC OF GUA 6.55% 02/06/37</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF GUATEMALA REGD REG S 6.55000000</title>
        <cusip>P5015VAS5</cusip>
        <identifiers>
          <isin value="USP5015VAS53"/>
        </identifiers>
        <balance>240000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>255723.29000000</valUSD>
        <pctVal>1.447285262824</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>GT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-02-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.55000000</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 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"/>
        </identifiers>
        <balance>149000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>64718.18000000</valUSD>
        <pctVal>0.366277424910</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-17</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF VENEZU 7% 03/31/38/OFAC FAIL/</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF VENEZUELA REGD/OFAC FAIL/ 0.00000000</title>
        <cusip>P97475AJ9</cusip>
        <identifiers>
          <isin value="USP97475AJ95"/>
        </identifiers>
        <balance>90000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>39817.44000000</valUSD>
        <pctVal>0.225349807267</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>VE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-03-31</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF AN 9.875% 03/31/37</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF ANGOLA REGD REG S EMTN 9.87500000</title>
        <cusip>V02834AD7</cusip>
        <identifiers>
          <isin value="XS3328007870"/>
        </identifiers>
        <balance>221000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>227954.11000000</valUSD>
        <pctVal>1.290123492480</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>AO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-03-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.87500000</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>UZBEKISTAN INTL 7.85% 10/12/28</name>
        <lei>N/A</lei>
        <title>UZBEKISTAN INTL BOND REGD REG S EMTN 7.85000000</title>
        <cusip>Y000WRAG3</cusip>
        <identifiers>
          <isin value="XS2701166717"/>
        </identifiers>
        <balance>213000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>225390.12000000</valUSD>
        <pctVal>1.275612397534</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>UZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.85000000</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>ADANI PORTS AN 3.828% 02/02/32</name>
        <lei>335800QOAXP5TM7OYP69</lei>
        <title>ADANI PORTS AND SPECIAL REGD 3.82800000</title>
        <cusip>Y00130YV3</cusip>
        <identifiers>
          <isin value="USY00130YV37"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>182575.13000000</valUSD>
        <pctVal>1.033297729774</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.82800000</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  S/UP 03/15/33</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF SRI LANKA REGD S/UP REG S 3.35000000</title>
        <cusip>Y1237TAB8</cusip>
        <identifiers>
          <isin value="XS2966241445"/>
        </identifiers>
        <balance>195000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>187001.66000000</valUSD>
        <pctVal>1.058350010442</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>LK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-03-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.35000000</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>MONGOLIA INTL  6.625% 02/25/30</name>
        <lei>N/A</lei>
        <title>MONGOLIA INTL BOND REGD REG S 6.62500000</title>
        <cusip>Y6142NAJ7</cusip>
        <identifiers>
          <isin value="USY6142NAJ73"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>205871.31000000</valUSD>
        <pctVal>1.165144218977</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>MN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="ISO country code not reported for forwards, swaps or supranationals." noteItem="C.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-07-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Aaron Perkovich</ncom:nameOfApplicant>
      <ncom:signature>Aaron Perkovich</ncom:signature>
      <ncom:signerName>Aaron Perkovich</ncom:signerName>
      <ncom:title>Principal Financial Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
