<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/nport" xmlns:com="http://www.sec.gov/edgar/common" xmlns:ncom="http://www.sec.gov/edgar/nportcommon" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.sec.gov/edgar/nport eis_NPORT_Filer.xsd "><headerData><submissionType>NPORT-P</submissionType><isConfidential>false</isConfidential><filerInfo><filer><issuerCredentials><cik>0000277751</cik><ccc>XXXXXXXX</ccc></issuerCredentials></filer><seriesClassInfo><seriesId>S000044287</seriesId><classId>C000137972</classId><classId>C000137973</classId><classId>C000137974</classId><classId>C000137975</classId><classId>C000137976</classId><classId>C000137977</classId><classId>C000137978</classId><classId>C000151361</classId></seriesClassInfo></filerInfo></headerData><formData><genInfo><regName>JANUS INVESTMENT FUND</regName><regFileNumber>811-01879</regFileNumber><regCik>0000277751</regCik><regLei>W6UYDZFUOFJ4HQQ32382</regLei><regStreet1>151 DETROIT STREET</regStreet1><regCity>DENVER</regCity><regStateConditional regCountry="US" regState="US-CO"/><regZipOrPostalCode>80206</regZipOrPostalCode><regPhone>3033333863</regPhone><seriesName>Janus Henderson Absolute Return Income Opportunities Fund</seriesName><seriesId>S000044287</seriesId><seriesLei>549300OI3127F0HFWY79</seriesLei><repPdEnd>2022-06-30</repPdEnd><repPdDate>2021-12-31</repPdDate><isFinalFiling>N</isFinalFiling></genInfo><fundInfo><totAssets>72191128</totAssets><totLiabs>812460</totLiabs><netAssets>71378668</netAssets><assetsAttrMiscSec>0</assetsAttrMiscSec><assetsInvested>0</assetsInvested><amtPayOneYrBanksBorr>0</amtPayOneYrBanksBorr><amtPayOneYrCtrldComp>0</amtPayOneYrCtrldComp><amtPayOneYrOthAffil>0</amtPayOneYrOthAffil><amtPayOneYrOther>0</amtPayOneYrOther><amtPayAftOneYrBanksBorr>0</amtPayAftOneYrBanksBorr><amtPayAftOneYrCtrldComp>0</amtPayAftOneYrCtrldComp><amtPayAftOneYrOthAffil>0</amtPayAftOneYrOthAffil><amtPayAftOneYrOther>0</amtPayAftOneYrOther><delayDeliv>0</delayDeliv><standByCommit>0</standByCommit><liquidPref>0</liquidPref><cshNotRptdInCorD>2379565</cshNotRptdInCorD><curMetrics><curMetric><curCd>USD</curCd><intrstRtRiskdv01 period10Yr="698.08945" period1Yr="-2447.77179" period30Yr="0" period3Mon="-759.40497" period5Yr="149.93244"/><intrstRtRiskdv100 period10Yr="67047.7769" period1Yr="-249162.62264" period30Yr="0" period3Mon="-51962.80349" period5Yr="4682.47264"/></curMetric><curMetric><curCd>AUD</curCd><intrstRtRiskdv01 period10Yr="1224.58916" period1Yr="-1757.34398" period30Yr="63.51314" period3Mon="38.88828" period5Yr="-1874.57041"/><intrstRtRiskdv100 period10Yr="116555.43123" period1Yr="-174216.42975" period30Yr="5984.11162" period3Mon="-26641.53429" period5Yr="-184459.93407"/></curMetric><curMetric><curCd>CHF</curCd><intrstRtRiskdv01 period10Yr="0" period1Yr="0" period30Yr="0" period3Mon="-0.42458" period5Yr="0"/><intrstRtRiskdv100 period10Yr="0" period1Yr="0" period30Yr="0" period3Mon="0" period5Yr="0"/></curMetric></curMetrics><creditSprdRiskInvstGrade period10Yr="-1748.22596" period1Yr="-5673.43344" period30Yr="-125.3117" period3Mon="-221.45422" period5Yr="-9430.14146"/><creditSprdRiskNonInvstGrade period10Yr="-4.18959" period1Yr="-767.11567" period30Yr="0" period3Mon="-0.17784" period5Yr="-685.52689"/><isNonCashCollateral>N</isNonCashCollateral><returnInfo><monthlyTotReturns><monthlyTotReturn classId="C000137972" rtn1="0.14" rtn2="-0.25" rtn3="-0.56"/><monthlyTotReturn classId="C000137973" rtn1="0.07" rtn2="-0.34" rtn3="-0.6"/><monthlyTotReturn classId="C000137974" rtn1="0.16" rtn2="-0.23" rtn3="-0.54"/><monthlyTotReturn classId="C000137975" rtn1="0.16" rtn2="-0.23" rtn3="-0.54"/><monthlyTotReturn classId="C000137976" rtn1="0.17" rtn2="-0.24" rtn3="-0.45"/><monthlyTotReturn classId="C000151361" rtn1="0.21" rtn2="-0.29" rtn3="-0.58"/><monthlyTotReturn classId="C000137977" rtn1="0.23" rtn2="-0.37" rtn3="-0.46"/><monthlyTotReturn classId="C000137978" rtn1="0.14" rtn2="-0.23" rtn3="-0.56"/></monthlyTotReturns><monthlyReturnCats><commodityContracts><mon1 netRealizedGain="0" netUnrealizedAppr="0"/><mon2 netRealizedGain="0" netUnrealizedAppr="0"/><mon3 netRealizedGain="0" netUnrealizedAppr="0"/><forwardCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></forwardCategory><futureCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></futureCategory><optionCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></optionCategory><swaptionCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></swaptionCategory><swapCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></swapCategory><warrantCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></warrantCategory><otherCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></otherCategory></commodityContracts><creditContracts><mon1 netRealizedGain="0" netUnrealizedAppr="0"/><mon2 netRealizedGain="0" netUnrealizedAppr="0"/><mon3 netRealizedGain="0" netUnrealizedAppr="0"/><forwardCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></forwardCategory><futureCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></futureCategory><optionCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></optionCategory><swaptionCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></swaptionCategory><swapCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></swapCategory><warrantCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></warrantCategory><otherCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></otherCategory></creditContracts><equityContracts><mon1 netRealizedGain="0" netUnrealizedAppr="0"/><mon2 netRealizedGain="0" netUnrealizedAppr="0"/><mon3 netRealizedGain="0" netUnrealizedAppr="0"/><forwardCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></forwardCategory><futureCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></futureCategory><optionCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></optionCategory><swaptionCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></swaptionCategory><swapCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></swapCategory><warrantCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></warrantCategory><otherCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></otherCategory></equityContracts><foreignExchgContracts><mon1 netRealizedGain="0" netUnrealizedAppr="-545907"/><mon2 netRealizedGain="-356208" netUnrealizedAppr="1867853"/><mon3 netRealizedGain="0" netUnrealizedAppr="-1220449"/><forwardCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="-545907"/><instrMon2 netRealizedGain="-356208" netUnrealizedAppr="1867853"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="-1220449"/></forwardCategory><futureCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></futureCategory><optionCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></optionCategory><swaptionCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></swaptionCategory><swapCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></swapCategory><warrantCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></warrantCategory><otherCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></otherCategory></foreignExchgContracts><interestRtContracts><mon1 netRealizedGain="-5312" netUnrealizedAppr="70668"/><mon2 netRealizedGain="362786" netUnrealizedAppr="-417568"/><mon3 netRealizedGain="-209988" netUnrealizedAppr="243258"/><forwardCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></forwardCategory><futureCategory><instrMon1 netRealizedGain="-5312" netUnrealizedAppr="70668"/><instrMon2 netRealizedGain="362786" netUnrealizedAppr="-417568"/><instrMon3 netRealizedGain="1147" netUnrealizedAppr="87170"/></futureCategory><optionCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></optionCategory><swaptionCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></swaptionCategory><swapCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="-211135" netUnrealizedAppr="156088"/></swapCategory><warrantCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></warrantCategory><otherCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></otherCategory></interestRtContracts><otherContracts><mon1 netRealizedGain="0" netUnrealizedAppr="0"/><mon2 netRealizedGain="0" netUnrealizedAppr="0"/><mon3 netRealizedGain="0" netUnrealizedAppr="0"/><forwardCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></forwardCategory><futureCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></futureCategory><optionCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></optionCategory><swaptionCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></swaptionCategory><swapCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></swapCategory><warrantCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></warrantCategory><otherCategory><instrMon1 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon2 netRealizedGain="N/A" netUnrealizedAppr="N/A"/><instrMon3 netRealizedGain="N/A" netUnrealizedAppr="N/A"/></otherCategory></otherContracts></monthlyReturnCats><othMon1 netRealizedGain="-2984" netUnrealizedAppr="505385"/><othMon2 netRealizedGain="-129317" netUnrealizedAppr="-1599152"/><othMon3 netRealizedGain="170330" netUnrealizedAppr="548416"/></returnInfo><mon1Flow redemption="-3195800.69" reinvestment="64773.56" sales="649517.94"/><mon2Flow redemption="-2524277.33" reinvestment="85304.65" sales="1033285.54"/><mon3Flow redemption="-3064361.75" reinvestment="81720.16" sales="461875.39"/></fundInfo><invstOrSecs><invstOrSec><name>Energy Transfer LP</name><lei>MTLVN9N7JE8MIBIJ1H73</lei><title>ENERGY TRANSFER LP</title><cusip>N/A</cusip><identifiers><isin value="US29277FA356"/><ticker value="ENGTRN"/></identifiers><balance>600000</balance><units>PA</units><curCd>USD</curCd><valUSD>599984</valUSD><pctVal>0.841</pctVal><payoffProfile>Long</payoffProfile><assetCat>STIV</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2022-01-03</maturityDt><couponKind>Fixed</couponKind><annualizedRt>0</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>AIR LEASE CORP</name><lei>5493004NW4M4P8TMMK63</lei><title>Air Lease Corp</title><cusip>00914AAM4</cusip><identifiers><isin value="US00914AAM45"/><ticker value="AL"/><other otherDesc="BNC42W6" value="Sedol"/></identifiers><balance>450000</balance><units>PA</units><curCd>USD</curCd><valUSD>442551</valUSD><pctVal>0.62</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-08-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.875</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>AIR LEASE CORP</name><lei>5493004NW4M4P8TMMK63</lei><title>Air Lease Corp</title><cusip>00914AAQ5</cusip><identifiers><isin value="US00914AAQ58"/><ticker value="AL"/><other otherDesc="BLCWJ70" value="Sedol"/></identifiers><balance>825000</balance><units>PA</units><curCd>USD</curCd><valUSD>795645</valUSD><pctVal>1.115</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2028-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>2.1</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>ALLY FINANCIAL INC</name><lei>549300JBN1OSM8YNAI90</lei><title>Ally Financial Inc</title><cusip>02005NBF6</cusip><identifiers><isin value="US02005NBF69"/><ticker value="ALLY"/><other otherDesc="BDCBVG4" value="Sedol"/></identifiers><balance>725000</balance><units>PA</units><curCd>USD</curCd><valUSD>817676</valUSD><pctVal>1.146</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-11-20</maturityDt><couponKind>Fixed</couponKind><annualizedRt>5.75</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>AMERICAN TOWER CORP</name><lei>5493006ORUSIL88JOE18</lei><title>American Tower Corp</title><cusip>03027XBR0</cusip><identifiers><isin value="US03027XBR08"/><ticker value="AMT"/><other otherDesc="BMFXHY0" value="Sedol"/></identifiers><balance>1030000</balance><units>PA</units><curCd>USD</curCd><valUSD>1007831</valUSD><pctVal>1.412</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-09-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.45</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>ASHTEAD CAPITAL INC</name><lei>213800J1134IW58IC398</lei><title>Ashtead Capital Inc</title><cusip>045054AN3</cusip><identifiers><isin value="US045054AN37"/><ticker value="AHTLN"/><other otherDesc="BMWT6F5" value="Sedol"/></identifiers><balance>825000</balance><units>PA</units><curCd>USD</curCd><valUSD>809860</valUSD><pctVal>1.135</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-08-12</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>ATHENE GLOBAL FU</name><lei>549300LM1QSI4MSIL320</lei><title>Athene Global Funding</title><cusip>04685A2Z3</cusip><identifiers><isin value="US04685A2Z36"/><ticker value="ATH"/><other otherDesc="BLH0474" value="Sedol"/></identifiers><balance>900000</balance><units>PA</units><curCd>USD</curCd><valUSD>883412</valUSD><pctVal>1.238</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-06-29</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.608</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>AVIATION CAPITAL GROUP</name><lei>549300ODEK8HY3445C77</lei><title>Aviation Capital Group LLC</title><cusip>05369AAK7</cusip><identifiers><isin value="US05369AAK79"/><ticker value="ACGCAP"/><other otherDesc="BMHYFQ9" value="Sedol"/></identifiers><balance>1000000</balance><units>PA</units><curCd>USD</curCd><valUSD>975377</valUSD><pctVal>1.366</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-01-30</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.95</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>AVIATION CAPITAL GROUP</name><lei>549300ODEK8HY3445C77</lei><title>Aviation Capital Group LLC</title><cusip>05369AAL5</cusip><identifiers><isin value="US05369AAL52"/><ticker value="ACGCAP"/><other otherDesc="BP6GJP4" value="Sedol"/></identifiers><balance>200000</balance><units>PA</units><curCd>USD</curCd><valUSD>194257</valUSD><pctVal>0.272</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-09-20</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.95</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>BALL CORP</name><lei>0BGI85ALH27ZJP15DY16</lei><title>Ball Corp</title><cusip>058498AS5</cusip><identifiers><isin value="US058498AS54"/><ticker value="BLL"/><other otherDesc="B976RJ1" value="Sedol"/></identifiers><balance>950000</balance><units>PA</units><curCd>USD</curCd><valUSD>991563</valUSD><pctVal>1.389</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2023-11-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>BOEING CO</name><lei>RVHJWBXLJ1RFUBSY1F30</lei><title>Boeing Co</title><cusip>097023DG7</cusip><identifiers><isin value="US097023DG73"/><ticker value="BA"/><other otherDesc="BM9N779" value="Sedol"/></identifiers><balance>1575000</balance><units>PA</units><curCd>USD</curCd><valUSD>1574625</valUSD><pctVal>2.206</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-02-04</maturityDt><couponKind>Fixed</couponKind><annualizedRt>2.196</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>BROADCOM INC</name><lei>549300WV6GIDOZJTV909</lei><title>Broadcom Inc</title><cusip>11135FBE0</cusip><identifiers><isin value="US11135FBE07"/><ticker value="AVGO"/><other otherDesc="BMCGT13" value="Sedol"/></identifiers><balance>1170000</balance><units>PA</units><curCd>USD</curCd><valUSD>1156706</valUSD><pctVal>1.621</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2028-02-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.95</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>CENTENE CORP</name><lei>549300Z7JJ4TQSQGT333</lei><title>Centene Corp</title><cusip>15135BAR2</cusip><identifiers><isin value="US15135BAR24"/><ticker value="CNC"/><other otherDesc="BMCTMH9" value="Sedol"/></identifiers><balance>760000</balance><units>PA</units><curCd>USD</curCd><valUSD>792300</valUSD><pctVal>1.11</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2027-12-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.25</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>CROWN CASTLE INTL CORP</name><lei>54930012H97VSM0I2R19</lei><title>Crown Castle International Corp</title><cusip>22822VAV3</cusip><identifiers><isin value="US22822VAV36"/><ticker value="CCI"/><other otherDesc="BJP8J15" value="Sedol"/></identifiers><balance>1000000</balance><units>PA</units><curCd>USD</curCd><valUSD>965713</valUSD><pctVal>1.353</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-07-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.05</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>DCP MIDSTREAM OPERATING</name><lei>549300Y6CTBSE0QIPL28</lei><title>DCP Midstream Operating LP</title><cusip>23311VAB3</cusip><identifiers><isin value="US23311VAB36"/><ticker value="DCP"/><other otherDesc="B7RRM84" value="Sedol"/></identifiers><balance>641000</balance><units>PA</units><curCd>USD</curCd><valUSD>641000</valUSD><pctVal>0.898</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2022-04-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.95</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>DAE FUNDING LLC</name><lei>635400SZTPQL3Y1P2C76</lei><title>DAE Funding LLC</title><cusip>23371DAJ3</cusip><identifiers><isin value="US23371DAJ37"/><ticker value="DUBAEE"/><other otherDesc="BNNJN61" value="Sedol"/></identifiers><balance>500000</balance><units>PA</units><curCd>USD</curCd><valUSD>496250</valUSD><pctVal>0.695</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2024-08-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.55</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>EBAY INC</name><lei>OML71K8X303XQONU6T67</lei><title>eBay Inc</title><cusip>278642AV5</cusip><identifiers><isin value="US278642AV58"/><ticker value="EBAY"/><other otherDesc="BLGBMS5" value="Sedol"/></identifiers><balance>800000</balance><units>PA</units><curCd>USD</curCd><valUSD>808976</valUSD><pctVal>1.133</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-03-11</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.9</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>ECOLAB INC</name><lei>82DYEISM090VG8LTLS26</lei><title>Ecolab Inc</title><cusip>278865BL3</cusip><identifiers><isin value="US278865BL34"/><ticker value="ECL"/><other otherDesc="BNYMN92" value="Sedol"/></identifiers><balance>375000</balance><units>PA</units><curCd>USD</curCd><valUSD>376700</valUSD><pctVal>0.528</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2027-02-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.65</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>EQUINIX INC</name><lei>549300EVUN2BTLJ3GT74</lei><title>Equinix Inc</title><cusip>29444UBF2</cusip><identifiers><isin value="US29444UBF21"/><ticker value="EQIX"/><other otherDesc="BMBZTF5" value="Sedol"/></identifiers><balance>1100000</balance><units>PA</units><curCd>USD</curCd><valUSD>1080350</valUSD><pctVal>1.514</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-07-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.25</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>GENERAL MOTORS FINL CO</name><lei>5493008B6JBRUJ90QL97</lei><title>General Motors Financial Co Inc</title><cusip>37045XDG8</cusip><identifiers><isin value="US37045XDG88"/><ticker value="GM"/><other otherDesc="BNM98C3" value="Sedol"/></identifiers><balance>1000000</balance><units>PA</units><curCd>USD</curCd><valUSD>994718</valUSD><pctVal>1.394</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2024-03-08</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.05</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>GENERAL MOTORS FINL CO</name><lei>5493008B6JBRUJ90QL97</lei><title>General Motors Financial Co Inc</title><cusip>37045XDK9</cusip><identifiers><isin value="US37045XDK90"/><ticker value="GM"/><other otherDesc="BMCR3X6" value="Sedol"/></identifiers><balance>920000</balance><units>PA</units><curCd>USD</curCd><valUSD>905197</valUSD><pctVal>1.268</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-06-10</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>HCA INC</name><lei>L3CJ6J7LJ2DX62FTXD46</lei><title>HCA Inc</title><cusip>404119BR9</cusip><identifiers><isin value="US404119BR91"/><ticker value="HCA"/><other otherDesc="BVD8LL5" value="Sedol"/></identifiers><balance>385000</balance><units>PA</units><curCd>USD</curCd><valUSD>423115</valUSD><pctVal>0.593</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-02-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>5.375</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>HP ENTERPRISE CO</name><lei>549300BX44RGX6ANDV88</lei><title>Hewlett Packard Enterprise Co</title><cusip>42824CBJ7</cusip><identifiers><isin value="US42824CBJ71"/><ticker value="HPE"/><other otherDesc="BL9Y816" value="Sedol"/></identifiers><balance>725000</balance><units>PA</units><curCd>USD</curCd><valUSD>729641</valUSD><pctVal>1.022</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2024-04-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.45</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>HYUNDAI CAPITAL AMERICA</name><lei>549300RIPPWJB5Z0FK07</lei><title>Hyundai Capital America</title><cusip>44891ABV8</cusip><identifiers><isin value="US44891ABV89"/><ticker value="HYNMTR"/><other otherDesc="BP4X054" value="Sedol"/></identifiers><balance>1780000</balance><units>PA</units><curCd>USD</curCd><valUSD>1745487</valUSD><pctVal>2.445</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2024-06-14</maturityDt><couponKind>Fixed</couponKind><annualizedRt>0.875</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>MICROCHIP TECHNOLOGY INC</name><lei>5493007PTFULNYZJ1R12</lei><title>Microchip Technology Inc</title><cusip>595017BA1</cusip><identifiers><isin value="US595017BA15"/><ticker value="MCHP"/><other otherDesc="BNTZVT2" value="Sedol"/></identifiers><balance>375000</balance><units>PA</units><curCd>USD</curCd><valUSD>389465</valUSD><pctVal>0.546</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.25</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>NETFLIX INC</name><lei>549300Y7VHGU0I7CE873</lei><title>Netflix Inc</title><cusip>64110LAY2</cusip><identifiers><isin value="US64110LAY20"/><ticker value="NFLX"/><other otherDesc="BMYZ0W6" value="Sedol"/></identifiers><balance>750000</balance><units>PA</units><curCd>USD</curCd><valUSD>790350</valUSD><pctVal>1.107</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-06-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>3.625</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>QORVO INC</name><lei>254900YAUJV2EUEVBR11</lei><title>Qorvo Inc</title><cusip>74739DAA2</cusip><identifiers><isin value="US74739DAA28"/><ticker value="QRVO"/><other otherDesc="BNM2D61" value="Sedol"/></identifiers><balance>750000</balance><units>PA</units><curCd>USD</curCd><valUSD>750482</valUSD><pctVal>1.051</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2024-12-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.75</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>ROCKETMTGE C0-ISSUER INC</name><lei>549300FGXN1K3HLB1R50</lei><title>Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc</title><cusip>77313LAA1</cusip><identifiers><isin value="US77313LAA17"/><ticker value="RKTRM"/><other otherDesc="BP815Z9" value="Sedol"/></identifiers><balance>750000</balance><units>PA</units><curCd>USD</curCd><valUSD>744375</valUSD><pctVal>1.043</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-10-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>2.875</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>CHARLES SCHWAB CORP</name><lei>549300VSGCJ7E698NM85</lei><title>Charles Schwab Corp</title><cusip>808513BD6</cusip><identifiers><isin value="US808513BD67"/><ticker value="SCHW"/><other otherDesc="BMDWQR5" value="Sedol"/></identifiers><balance>1400000</balance><units>PA</units><curCd>USD</curCd><valUSD>1526000</valUSD><pctVal>2.138</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2099-12-31</maturityDt><couponKind>Variable</couponKind><annualizedRt>5.375</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>ONEMAIN FINANCE CORP</name><lei>5493008I795YYBFWFU90</lei><title>Springleaf Finance Corp</title><cusip>85172FAS8</cusip><identifiers><isin value="US85172FAS83"/><ticker value="OMF"/><other otherDesc="BMF6PF6" value="Sedol"/></identifiers><balance>850000</balance><units>PA</units><curCd>USD</curCd><valUSD>909500</valUSD><pctVal>1.274</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-06-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>8.875</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>UNIVERSAL HEALTH SVCS</name><lei>549300YGMGQDO0NMJD09</lei><title>Universal Health Services Inc</title><cusip>913903AX8</cusip><identifiers><isin value="US913903AX86"/><ticker value="UHS"/><other otherDesc="BPCKMV7" value="Sedol"/></identifiers><balance>825000</balance><units>PA</units><curCd>USD</curCd><valUSD>809746</valUSD><pctVal>1.134</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.65</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>VICINITY CENTRES TRUST</name><lei>549300S7GOEVR0EGFN47</lei><title>Vicinity Centres Trust</title><cusip>AM9809642</cusip><identifiers><isin value="AU3CB0243988"/><ticker value="VCXAU"/><other otherDesc="BF1ZD65" value="Sedol"/></identifiers><balance>1950000</balance><units>PA</units><currencyConditional curCd="AUD" exchangeRt="1.37476"/><valUSD>1512844</valUSD><pctVal>2.119</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>AU</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2027-04-26</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>DOWNER GROUP FINANCE PTY</name><lei>254900M70GW10DR6AH41</lei><title>Downer Group Finance Pty Ltd</title><cusip>AX9159978</cusip><identifiers><isin value="AU3CB0262673"/><ticker value="DOWAU"/><other otherDesc="BK8V5W1" value="Sedol"/></identifiers><balance>1100000</balance><units>PA</units><currencyConditional curCd="AUD" exchangeRt="1.37476"/><valUSD>836262</valUSD><pctVal>1.172</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>AU</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-04-29</maturityDt><couponKind>Fixed</couponKind><annualizedRt>3.7</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>VOLKSWAGEN FIN SERV AUST</name><lei>529900VBZRQG6COX9X61</lei><title>Volkswagen Financial Services Australia Pty Ltd</title><cusip>ZR2259276</cusip><identifiers><isin value="AU3CB0266013"/><ticker value="VW"/><other otherDesc="BKTKCN7" value="Sedol"/></identifiers><balance>2300000</balance><units>PA</units><currencyConditional curCd="AUD" exchangeRt="1.37476"/><valUSD>1700724</valUSD><pctVal>2.383</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>AU</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2024-08-28</maturityDt><couponKind>Fixed</couponKind><annualizedRt>2.4</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>CNH CAPITAL AUS PTY LTD</name><lei>2617001JAII1WD34PJ72</lei><title>CNH Industrial Capital Australia Pty Ltd</title><cusip>ZR9532758</cusip><identifiers><isin value="AU3CB0267474"/><ticker value="CNHI"/><other otherDesc="BKKCXK6" value="Sedol"/></identifiers><balance>1120000</balance><units>PA</units><currencyConditional curCd="AUD" exchangeRt="1.37476"/><valUSD>823956</valUSD><pctVal>1.154</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>AU</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2022-12-12</maturityDt><couponKind>Fixed</couponKind><annualizedRt>2.1</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>DBS GROUP HOLDINGS LTD</name><lei>5493007FKT78NKPM5V55</lei><title>DBS Group Holdings Ltd</title><cusip>AR6199681</cusip><identifiers><isin value="AU3FN0041406"/><ticker value="DBSSP"/><other otherDesc="BYZPT66" value="Sedol"/></identifiers><balance>1300000</balance><units>PA</units><currencyConditional curCd="AUD" exchangeRt="1.37476"/><valUSD>954778</valUSD><pctVal>1.338</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>SG</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2028-03-16</maturityDt><couponKind>Floating</couponKind><annualizedRt>1.645</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>INSURANCE AUSTRALIA GRP</name><lei>549300PFEWKNHRG25N08</lei><title>Insurance Australia Group Ltd</title><cusip>AR7148380</cusip><identifiers><isin value="AU3FN0041687"/><ticker value="IAGAU"/><other otherDesc="BFNSQK7" value="Sedol"/></identifiers><balance>200000</balance><units>PA</units><currencyConditional curCd="AUD" exchangeRt="1.37476"/><valUSD>147208</valUSD><pctVal>0.206</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>AU</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2044-06-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.1621</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>BENDIGO AND ADELAIDE BK</name><lei>549300Y9URD6W70K0360</lei><title>Bendigo &amp; Adelaide Bank Ltd</title><cusip>AV7986590</cusip><identifiers><isin value="AU3FN0046066"/><ticker value="BENAU"/><other otherDesc="BGSNGW6" value="Sedol"/></identifiers><balance>2500000</balance><units>PA</units><currencyConditional curCd="AUD" exchangeRt="1.37476"/><valUSD>1868690</valUSD><pctVal>2.618</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>AU</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2028-11-30</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.4976</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>INSURANCE AUSTRALIA GRP</name><lei>549300PFEWKNHRG25N08</lei><title>Insurance Australia Group Ltd</title><cusip>AX5655888</cusip><identifiers><isin value="AU3FN0047544"/><ticker value="IAGAU"/><other otherDesc="BJ1DJ58" value="Sedol"/></identifiers><balance>350000</balance><units>PA</units><currencyConditional curCd="AUD" exchangeRt="1.37476"/><valUSD>260239</valUSD><pctVal>0.365</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>AU</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2045-06-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.4121</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>STANDARD CHARTERED PLC</name><lei>U4LOSYZ7YG4W3S5F2G91</lei><title>Standard Chartered PLC</title><cusip>AZ2969451</cusip><identifiers><isin value="AU3FN0048815"/><ticker value="STANLN"/><other otherDesc="BJDXC02" value="Sedol"/></identifiers><balance>320000</balance><units>PA</units><currencyConditional curCd="AUD" exchangeRt="1.37476"/><valUSD>239015</valUSD><pctVal>0.335</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>GB</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-06-28</maturityDt><couponKind>Floating</couponKind><annualizedRt>1.9118</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>QIC SHOPPING CENTRE FUND</name><lei>54930026IM64X3OMSG59</lei><title>QIC Finance Shopping Center Fund Pty Ltd</title><cusip>ZR0093453</cusip><identifiers><isin value="AU3FN0049490"/><ticker value="QIC"/><other otherDesc="BKP9MM7" value="Sedol"/></identifiers><balance>880000</balance><units>PA</units><currencyConditional curCd="AUD" exchangeRt="1.37476"/><valUSD>646009</valUSD><pctVal>0.905</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>AU</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-08-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>1.3163</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>WESTPAC BANKING CORP</name><lei>EN5TNI6CI43VEPAMHL14</lei><title>Westpac Banking Corp</title><cusip>ZR2259201</cusip><identifiers><isin value="AU3FN0049672"/><ticker value="WSTP"/><other otherDesc="BKTHWR2" value="Sedol"/></identifiers><balance>2000000</balance><units>PA</units><currencyConditional curCd="AUD" exchangeRt="1.37476"/><valUSD>1490965</valUSD><pctVal>2.089</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>AU</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2029-08-27</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.025</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>LIBERTY FINANCIAL PTY</name><lei>549300S75HDUIPWTQC07</lei><title>LBRFI F 03/06/23 MTN</title><cusip>ZR3424325</cusip><identifiers><isin value="AU3FN0050118"/><ticker value="LBRFI"/><other otherDesc="BKV8HZ6" value="Sedol"/></identifiers><balance>100000</balance><units>PA</units><currencyConditional curCd="AUD" exchangeRt="1.37476"/><valUSD>73197</valUSD><pctVal>0.103</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>AU</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2023-03-06</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.655</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>NATIONAL AUSTRALIA BANK</name><lei>F8SB4JFBSYQFRQEH3Z21</lei><title>National Australia Bank Ltd</title><cusip>ZQ5100404</cusip><identifiers><isin value="AU3FN0051587"/><ticker value="NAB"/><other otherDesc="BK8ZSL3" value="Sedol"/></identifiers><balance>3000000</balance><units>PA</units><currencyConditional curCd="AUD" exchangeRt="1.37476"/><valUSD>2242015</valUSD><pctVal>3.141</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>AU</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2031-11-18</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.06</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>LIBERTY FINANCIAL PTY</name><lei>549300S75HDUIPWTQC07</lei><title>LBRFI F 02/26/24 MTN</title><cusip>BG1156226</cusip><identifiers><isin value="AU3FN0053153"/><ticker value="LBRFI"/><other otherDesc="BJVPJ65" value="Sedol"/></identifiers><balance>2000000</balance><units>PA</units><currencyConditional curCd="AUD" exchangeRt="1.37476"/><valUSD>1457617</valUSD><pctVal>2.042</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>AU</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2024-02-26</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.3991</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>MACQUARIE BANK LTD</name><lei>4ZHCHI4KYZG2WVRT8631</lei><title>Macquarie Bank Ltd</title><cusip>BP9745582</cusip><identifiers><isin value="AU3FN0061065"/><ticker value="MQGAU"/><other otherDesc="BMFZK70" value="Sedol"/></identifiers><balance>2880000</balance><units>PA</units><currencyConditional curCd="AUD" exchangeRt="1.37476"/><valUSD>2090303</valUSD><pctVal>2.928</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>AU</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2031-06-17</maturityDt><couponKind>Floating</couponKind><annualizedRt>1.6204</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>COMMONWEALTH BANK AUST</name><lei>MSFSBD3QN1GSN7Q6C537</lei><title>Commonwealth Bank of Australia</title><cusip>BQ9802662</cusip><identifiers><isin value="AU3FN0062600"/><ticker value="CBAAU"/><other otherDesc="BLNM0Y3" value="Sedol"/></identifiers><balance>1500000</balance><units>PA</units><currencyConditional curCd="AUD" exchangeRt="1.37476"/><valUSD>1089713</valUSD><pctVal>1.527</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>AU</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2031-08-20</maturityDt><couponKind>Floating</couponKind><annualizedRt>1.3672</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>AERCAP IRELAND CAP/GLOBA</name><lei>549300TI38531ODB1G63</lei><title>AerCap Ireland Capital DAC / AerCap Global Aviation Trust</title><cusip>00774MAS4</cusip><identifiers><isin value="US00774MAS44"/><ticker value="AER"/><other otherDesc="BNK9N53" value="Sedol"/></identifiers><balance>350000</balance><units>PA</units><curCd>USD</curCd><valUSD>343284</valUSD><pctVal>0.481</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>IE</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-01-30</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.75</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>AERCAP IRELAND CAP/GLOBA</name><lei>549300TI38531ODB1G63</lei><title>AerCap Ireland Capital DAC / AerCap Global Aviation Trust</title><cusip>00774MAU9</cusip><identifiers><isin value="US00774MAU99"/><ticker value="AER"/><other otherDesc="BP2DYM1" value="Sedol"/></identifiers><balance>400000</balance><units>PA</units><curCd>USD</curCd><valUSD>399274</valUSD><pctVal>0.559</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>IE</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2024-10-29</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.65</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>AERCAP IRELAND CAP/GLOBA</name><lei>549300TI38531ODB1G63</lei><title>AerCap Ireland Capital DAC / AerCap Global Aviation Trust</title><cusip>00774MAV7</cusip><identifiers><isin value="US00774MAV72"/><ticker value="AER"/><other otherDesc="BP2DYF4" value="Sedol"/></identifiers><balance>425000</balance><units>PA</units><curCd>USD</curCd><valUSD>428485</valUSD><pctVal>0.6</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>IE</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-10-29</maturityDt><couponKind>Fixed</couponKind><annualizedRt>2.45</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>AERCAP IRELAND CAP/GLOBA</name><lei>549300TI38531ODB1G63</lei><title>AerCap Ireland Capital DAC / AerCap Global Aviation Trust</title><cusip>00774MBB0</cusip><identifiers><isin value="US00774MBB00"/><ticker value="AER"/><other otherDesc="BP2DYP4" value="Sedol"/></identifiers><balance>325000</balance><units>PA</units><curCd>USD</curCd><valUSD>324208</valUSD><pctVal>0.454</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>IE</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2024-10-29</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.75</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>AUST &amp; NZ BANKING GROUP</name><lei>JHE42UYNWWTJB8YTTU19</lei><title>Australia &amp; New Zealand Banking Group Ltd</title><cusip>052528AL0</cusip><identifiers><isin value="US052528AL09"/><ticker value="ANZ"/><other otherDesc="BL3PZC5" value="Sedol"/></identifiers><balance>2400000</balance><units>PA</units><curCd>USD</curCd><valUSD>2459663</valUSD><pctVal>3.446</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>AU</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2030-07-22</maturityDt><couponKind>Variable</couponKind><annualizedRt>2.95</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>BANK OF CHINA</name><lei>54930053HGCFWVHYZX42</lei><title>Bank of China</title><cusip>06120TAA6</cusip><identifiers><isin value="US06120TAA60"/><ticker value="BCHINA"/><other otherDesc="BSKPG02" value="Sedol"/></identifiers><balance>1450000</balance><units>PA</units><curCd>USD</curCd><valUSD>1580977</valUSD><pctVal>2.215</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>NUSS</issuerCat><invCountry>CN</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2024-11-13</maturityDt><couponKind>Fixed</couponKind><annualizedRt>5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>OVERSEA-CHINESE BANKING</name><lei>5493007O3QFXCPOGWK22</lei><title>Oversea-Chinese Banking Corp Ltd</title><cusip>69033DAC1</cusip><identifiers><isin value="US69033DAC11"/><ticker value="OCBCSP"/><other otherDesc="BNC9050" value="Sedol"/></identifiers><balance>2000000</balance><units>PA</units><curCd>USD</curCd><valUSD>2127646</valUSD><pctVal>2.981</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>SG</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2024-06-19</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.25</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>SK HYNIX INC</name><lei>988400XAIK6XISWQV045</lei><title>SK Hynix Inc</title><cusip>78392BAA5</cusip><identifiers><isin value="US78392BAA52"/><ticker value="HYUELE"/><other otherDesc="BMV7W52" value="Sedol"/></identifiers><balance>920000</balance><units>PA</units><curCd>USD</curCd><valUSD>909478</valUSD><pctVal>1.274</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>KR</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2024-01-19</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>STANDARD CHARTERED PLC</name><lei>U4LOSYZ7YG4W3S5F2G91</lei><title>Standard Chartered PLC</title><cusip>853254CE8</cusip><identifiers><isin value="US853254CE80"/><ticker value="STANLN"/><other otherDesc="BMXLNC6" value="Sedol"/></identifiers><balance>750000</balance><units>PA</units><curCd>USD</curCd><valUSD>749077</valUSD><pctVal>1.049</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>GB</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-11-23</maturityDt><couponKind>Variable</couponKind><annualizedRt>1.822</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>STELLANTIS FIN US INC</name><lei>549300QZ0AI8Q7LNON33</lei><title>Stellantis Finance US Inc</title><cusip>85855CAA8</cusip><identifiers><isin value="US85855CAA80"/><ticker value="STLA"/><other otherDesc="BNBYD57" value="Sedol"/></identifiers><balance>885000</balance><units>PA</units><curCd>USD</curCd><valUSD>869885</valUSD><pctVal>1.219</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2027-01-29</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.711</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>SINOPEC CAPITAL 2013 LTD</name><lei>N/A</lei><title>Sinopec Capital 2013 Ltd</title><cusip>EJ6449700</cusip><identifiers><isin value="USG81877AA34"/><ticker value="SINOPC"/><other otherDesc="B829TW5" value="Sedol"/></identifiers><balance>3130000</balance><units>PA</units><curCd>USD</curCd><valUSD>3202194</valUSD><pctVal>4.486</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>VG</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2023-04-24</maturityDt><couponKind>Fixed</couponKind><annualizedRt>3.125</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>SGSP AUSTRALIA ASSETS</name><lei>254900BJJ12X7PJT5072</lei><title>SGSP Australia Assets Pty Ltd</title><cusip>EJ3849779</cusip><identifiers><isin value="XS0836488485"/><ticker value="SGSPAA"/><other otherDesc="B8BX7W4" value="Sedol"/></identifiers><balance>800000</balance><units>PA</units><curCd>USD</curCd><valUSD>821770</valUSD><pctVal>1.151</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>AU</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2023-04-09</maturityDt><couponKind>Fixed</couponKind><annualizedRt>3.3</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>WESTPAC BANKING CORP</name><lei>EN5TNI6CI43VEPAMHL14</lei><title>Westpac Banking Corp</title><cusip>LW2967948</cusip><identifiers><isin value="XS1431350120"/><ticker value="WSTP"/><other otherDesc="BDB77D2" value="Sedol"/></identifiers><balance>2724000</balance><units>PA</units><currencyConditional curCd="AUD" exchangeRt="1.37476"/><valUSD>2072459</valUSD><pctVal>2.903</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>AU</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2028-06-14</maturityDt><couponKind>Variable</couponKind><annualizedRt>4.8</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>ICBCIL FINANCE CO LTD</name><lei>549300ZCUURSNVTOEU07</lei><title>ICBCIL Finance Co Ltd</title><cusip>AX3932297</cusip><identifiers><isin value="XS1958533470"/><ticker value="ICBCIL"/><other otherDesc="BGKC568" value="Sedol"/></identifiers><balance>1500000</balance><units>PA</units><curCd>USD</curCd><valUSD>1505701</valUSD><pctVal>2.109</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>HK</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2022-03-05</maturityDt><couponKind>Fixed</couponKind><annualizedRt>3.65</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Torrens Trust</name><lei>N/A</lei><title>TORRENS Series 2014-2 Trust</title><cusip>BCC28D8S0</cusip><identifiers><isin value="AU3FN0026001"/><ticker value="TORR"/><other otherDesc="BZ1DKQ8" value="Sedol"/></identifiers><balance>1560865</balance><units>PA</units><currencyConditional curCd="AUD" exchangeRt="1.37476"/><valUSD>1149079</valUSD><pctVal>1.61</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-MBS</assetCat><issuerCat>CORP</issuerCat><invCountry>AU</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2046-01-12</maturityDt><couponKind>Floating</couponKind><annualizedRt>1.615</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Pepper Residential Securities</name><lei>549300UL1L75QB4R6V50</lei><title>Pepper Residential Securities Trust NO 18</title><cusip>BCC2CYKG1</cusip><identifiers><isin value="AU3FN0034088"/><ticker value="PEPAU"/><other otherDesc="BGC1MQ2" value="Sedol"/></identifiers><balance>900585</balance><units>PA</units><currencyConditional curCd="AUD" exchangeRt="1.37476"/><valUSD>656933</valUSD><pctVal>0.92</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-MBS</assetCat><issuerCat>CORP</issuerCat><invCountry>AU</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2058-08-12</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.115</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Liberty Funding Pty Limited</name><lei>N/A</lei><title>Liberty Series 2018-1 SME</title><cusip>BCC2HAE00</cusip><identifiers><isin value="AU3FN0043501"/><ticker value="LBRTY"/><other otherDesc="BJ0ZN53" value="Sedol"/></identifiers><balance>2385867</balance><units>PA</units><currencyConditional curCd="AUD" exchangeRt="1.37476"/><valUSD>1742756</valUSD><pctVal>2.442</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-MBS</assetCat><issuerCat>CORP</issuerCat><invCountry>AU</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2050-07-10</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.365</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Liberty Funding Pty Limited</name><lei>635400CWFREXCTEY4Q37</lei><title>Liberty Series 2018-3</title><cusip>BCC2HS220</cusip><identifiers><isin value="AU3FN0044350"/><ticker value="LBRTY"/><other otherDesc="BH4J3N5" value="Sedol"/></identifiers><balance>888747</balance><units>PA</units><currencyConditional curCd="AUD" exchangeRt="1.37476"/><valUSD>653552</valUSD><pctVal>0.916</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-MBS</assetCat><issuerCat>CORP</issuerCat><invCountry>AU</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2050-10-25</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.1058</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>RedZed Trust</name><lei>N/A</lei><title>RedZed Trust Series 2018-1</title><cusip>BCC2HM3M8</cusip><identifiers><isin value="AU3FN0044699"/><ticker value="REDZE"/><other otherDesc="BJ662K8" value="Sedol"/></identifiers><balance>3081030</balance><units>PA</units><currencyConditional curCd="AUD" exchangeRt="1.37476"/><valUSD>2264300</valUSD><pctVal>3.172</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-MBS</assetCat><issuerCat>CORP</issuerCat><invCountry>AU</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2050-03-09</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.415</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>FirstMac Mortgage Funding Trus</name><lei>N/A</lei><title>FirstMac Mortgage Funding Trust No 4 Series 1-2018</title><cusip>BCC2FPSZ7</cusip><identifiers><isin value="AU3FN0040804"/><ticker value="FMACB"/><other otherDesc="BFXYLD3" value="Sedol"/></identifiers><balance>745891</balance><units>PA</units><currencyConditional curCd="AUD" exchangeRt="1.37476"/><valUSD>547563</valUSD><pctVal>0.767</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>AU</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2049-03-08</maturityDt><couponKind>Floating</couponKind><annualizedRt>1.515</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>N/A</name><lei>N/A</lei><title>Sell AUD / Buy USD</title><cusip>N/A</cusip><identifiers><other otherDesc="FXF110083539" value="Internal ID"/></identifiers><balance>1</balance><units>NC</units><curCd>USD</curCd><valUSD>585388</valUSD><pctVal>0.82</pctVal><payoffProfile>N/A</payoffProfile><assetCat>DFE</assetCat><issuerConditional desc="N/A" issuerCat="OTHER"/><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><derivativeInfo><fwdDeriv derivCat="FWD"><counterparties><counterpartyName>Citibank, National Association</counterpartyName><counterpartyLei>E57ODZWZ7FF32TWEFA76</counterpartyLei></counterparties><amtCurSold>38000000</amtCurSold><curSold>AUD</curSold><amtCurPur>28229478</amtCurPur><curPur>USD</curPur><settlementDt>2022-02-10</settlementDt><unrealizedAppr>585388</unrealizedAppr></fwdDeriv></derivativeInfo><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>N/A</name><lei>N/A</lei><title>Sell USD / Buy AUD</title><cusip>N/A</cusip><identifiers><other otherDesc="FXF110083808" value="Internal ID"/></identifiers><balance>1</balance><units>NC</units><curCd>USD</curCd><valUSD>6862</valUSD><pctVal>0.01</pctVal><payoffProfile>N/A</payoffProfile><assetCat>DFE</assetCat><issuerConditional desc="N/A" issuerCat="OTHER"/><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><derivativeInfo><fwdDeriv derivCat="FWD"><counterparties><counterpartyName>Morgan Stanley &amp; Co</counterpartyName><counterpartyLei>9R7GPTSO7KV3UQJZQ078</counterpartyLei></counterparties><amtCurSold>356877</amtCurSold><curSold>USD</curSold><amtCurPur>500000</amtCurPur><curPur>AUD</curPur><settlementDt>2022-02-10</settlementDt><unrealizedAppr>6862</unrealizedAppr></fwdDeriv></derivativeInfo><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>N/A</name><lei>N/A</lei><title>Sell CHF / Buy USD</title><cusip>N/A</cusip><identifiers><other otherDesc="FXF110083844" value="Internal ID"/></identifiers><balance>1</balance><units>NC</units><curCd>USD</curCd><valUSD>-11804</valUSD><pctVal>-0.017</pctVal><payoffProfile>N/A</payoffProfile><assetCat>DFE</assetCat><issuerConditional desc="N/A" issuerCat="OTHER"/><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><derivativeInfo><fwdDeriv derivCat="FWD"><counterparties><counterpartyName>JPMorgan Chase Bank, National Association</counterpartyName><counterpartyLei>7H6GLXDRUGQFU57RNE97</counterpartyLei></counterparties><amtCurSold>1400000</amtCurSold><curSold>CHF</curSold><amtCurPur>1525137</amtCurPur><curPur>USD</curPur><settlementDt>2022-01-03</settlementDt><unrealizedAppr>-11805</unrealizedAppr></fwdDeriv></derivativeInfo><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>N/A</name><lei>N/A</lei><title>Sell USD / Buy AUD</title><cusip>N/A</cusip><identifiers><other otherDesc="FXF110083871" value="Internal ID"/></identifiers><balance>1</balance><units>NC</units><curCd>USD</curCd><valUSD>3039</valUSD><pctVal>0.004</pctVal><payoffProfile>N/A</payoffProfile><assetCat>DFE</assetCat><issuerConditional desc="N/A" issuerCat="OTHER"/><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><derivativeInfo><fwdDeriv derivCat="FWD"><counterparties><counterpartyName>Morgan Stanley &amp; Co</counterpartyName><counterpartyLei>9R7GPTSO7KV3UQJZQ078</counterpartyLei></counterparties><amtCurSold>215204</amtCurSold><curSold>USD</curSold><amtCurPur>300000</amtCurPur><curPur>AUD</curPur><settlementDt>2022-02-10</settlementDt><unrealizedAppr>3039</unrealizedAppr></fwdDeriv></derivativeInfo><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>N/A</name><lei>N/A</lei><title>US 5YR NOTE (CBT) Mar22</title><cusip>N/A</cusip><identifiers><ticker value="FVH2"/><other otherDesc="FVH2 COMDTY" value="Internal ID"/></identifiers><balance>-113</balance><units>NC</units><curCd>USD</curCd><valUSD>-57383</valUSD><pctVal>-0.08</pctVal><payoffProfile>N/A</payoffProfile><assetCat>DIR</assetCat><issuerConditional desc="N/A" issuerCat="OTHER"/><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><derivativeInfo><futrDeriv derivCat="FUT"><counterparties><counterpartyName>Credit Suisse International</counterpartyName><counterpartyLei>E58DKGMJYYYJLN8C3868</counterpartyLei></counterparties><payOffProf>Short</payOffProf><descRefInstrmnt><otherRefInst><issuerName>N/A</issuerName><issueTitle>N/A</issueTitle><identifiers><ticker value="FVH2"/></identifiers></otherRefInst></descRefInstrmnt><expDate>2022-04-05</expDate><notionalAmt>-13612969</notionalAmt><curCd>USD</curCd><unrealizedAppr>-57383</unrealizedAppr></futrDeriv></derivativeInfo><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>N/A</name><lei>N/A</lei><title>US 2YR NOTE (CBT) Mar22</title><cusip>N/A</cusip><identifiers><ticker value="TUH2"/><other otherDesc="TUH2 COMDTY" value="Internal ID"/></identifiers><balance>-25</balance><units>NC</units><curCd>USD</curCd><valUSD>3141</valUSD><pctVal>0.004</pctVal><payoffProfile>N/A</payoffProfile><assetCat>DIR</assetCat><issuerConditional desc="N/A" issuerCat="OTHER"/><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><derivativeInfo><futrDeriv derivCat="FUT"><counterparties><counterpartyName>Credit Suisse International</counterpartyName><counterpartyLei>E58DKGMJYYYJLN8C3868</counterpartyLei></counterparties><payOffProf>Short</payOffProf><descRefInstrmnt><otherRefInst><issuerName>N/A</issuerName><issueTitle>N/A</issueTitle><identifiers><ticker value="TUH2"/></identifiers></otherRefInst></descRefInstrmnt><expDate>2022-04-05</expDate><notionalAmt>-5457438</notionalAmt><curCd>USD</curCd><unrealizedAppr>3141</unrealizedAppr></futrDeriv></derivativeInfo><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>N/A</name><lei>N/A</lei><title>US 10YR NOTE (CBT)Mar22</title><cusip>N/A</cusip><identifiers><ticker value="TYH2"/><other otherDesc="TYH2 COMDTY" value="Internal ID"/></identifiers><balance>-34</balance><units>NC</units><curCd>USD</curCd><valUSD>-43560</valUSD><pctVal>-0.061</pctVal><payoffProfile>N/A</payoffProfile><assetCat>DIR</assetCat><issuerConditional desc="N/A" issuerCat="OTHER"/><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><derivativeInfo><futrDeriv derivCat="FUT"><counterparties><counterpartyName>Credit Suisse International</counterpartyName><counterpartyLei>E58DKGMJYYYJLN8C3868</counterpartyLei></counterparties><payOffProf>Short</payOffProf><descRefInstrmnt><otherRefInst><issuerName>N/A</issuerName><issueTitle>N/A</issueTitle><identifiers><ticker value="TYH2"/></identifiers></otherRefInst></descRefInstrmnt><expDate>2022-03-31</expDate><notionalAmt>-4392377</notionalAmt><curCd>USD</curCd><unrealizedAppr>-43560</unrealizedAppr></futrDeriv></derivativeInfo><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>N/A</name><lei>N/A</lei><title>AUST 10Y BOND FUT Mar22</title><cusip>N/A</cusip><identifiers><ticker value="XMH2"/><other otherDesc="XMH2 COMDTY" value="Internal ID"/></identifiers><balance>-16</balance><units>NC</units><currencyConditional curCd="AUD" exchangeRt="1.37476"/><valUSD>13762</valUSD><pctVal>0.019</pctVal><payoffProfile>N/A</payoffProfile><assetCat>DIR</assetCat><issuerConditional desc="N/A" issuerCat="OTHER"/><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><derivativeInfo><futrDeriv derivCat="FUT"><counterparties><counterpartyName>Credit Suisse International</counterpartyName><counterpartyLei>E58DKGMJYYYJLN8C3868</counterpartyLei></counterparties><payOffProf>Short</payOffProf><descRefInstrmnt><otherRefInst><issuerName>N/A</issuerName><issueTitle>N/A</issueTitle><identifiers><ticker value="XMH2"/></identifiers></otherRefInst></descRefInstrmnt><expDate>2022-03-15</expDate><notionalAmt>-1600486</notionalAmt><curCd>AUD</curCd><unrealizedAppr>13762</unrealizedAppr></futrDeriv></derivativeInfo><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>N/A</name><lei>N/A</lei><title>AUST 3YR BOND FUT Mar22</title><cusip>N/A</cusip><identifiers><ticker value="YMH2"/><other otherDesc="YMH2 COMDTY" value="Internal ID"/></identifiers><balance>77</balance><units>NC</units><currencyConditional curCd="AUD" exchangeRt="1.37476"/><valUSD>-7989</valUSD><pctVal>-0.011</pctVal><payoffProfile>N/A</payoffProfile><assetCat>DIR</assetCat><issuerConditional desc="N/A" issuerCat="OTHER"/><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><derivativeInfo><futrDeriv derivCat="FUT"><counterparties><counterpartyName>Credit Suisse International</counterpartyName><counterpartyLei>E58DKGMJYYYJLN8C3868</counterpartyLei></counterparties><payOffProf>Long</payOffProf><descRefInstrmnt><otherRefInst><issuerName>N/A</issuerName><issueTitle>N/A</issueTitle><identifiers><ticker value="YMH2"/></identifiers></otherRefInst></descRefInstrmnt><expDate>2022-03-15</expDate><notionalAmt>6272209</notionalAmt><curCd>AUD</curCd><unrealizedAppr>-7989</unrealizedAppr></futrDeriv></derivativeInfo><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec></invstOrSecs><explntrNotes><explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/></explntrNotes><signature><ncom:dateSigned>2022-02-14</ncom:dateSigned><ncom:nameOfApplicant>JANUS INVESTMENT FUND</ncom:nameOfApplicant><ncom:signature>JESPER NERGAARD</ncom:signature><ncom:signerName>JESPER NERGAARD</ncom:signerName><ncom:title>VP, CFO, TREASURER, AND PRINCIPAL ACCOUNTING OFFICER</ncom:title></signature></formData></edgarSubmission>
