<?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>S000010479</seriesId><classId>C000028938</classId><classId>C000077701</classId><classId>C000077702</classId><classId>C000077703</classId><classId>C000077704</classId><classId>C000083525</classId><classId>C000114878</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 Short Duration Flexible Bond Fund</seriesName><seriesId>S000010479</seriesId><seriesLei>0IWXBJ4S82V64ZFH4582</seriesLei><repPdEnd>2022-06-30</repPdEnd><repPdDate>2022-06-30</repPdDate><isFinalFiling>N</isFinalFiling></genInfo><fundInfo><totAssets>1069201016</totAssets><totLiabs>31379154</totLiabs><netAssets>1037821862</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>2422994</cshNotRptdInCorD><curMetrics><curMetric><curCd>USD</curCd><intrstRtRiskdv01 period10Yr="-10650.68138" period1Yr="-123867.88486" period30Yr="-13133.02733" period3Mon="-24363.60371" period5Yr="-71369.82533"/><intrstRtRiskdv100 period10Yr="-1087045.49685" period1Yr="-12286488.21401" period30Yr="-1319725.53657" period3Mon="-2425024.25663" period5Yr="-7056848.64714"/></curMetric></curMetrics><creditSprdRiskInvstGrade period10Yr="-38391.77467" period1Yr="-75410.0002" period30Yr="-36.24461" period3Mon="-8776.14053" period5Yr="-67332.65479"/><creditSprdRiskNonInvstGrade period10Yr="-1556.68548" period1Yr="-23324.15322" period30Yr="-50.90692" period3Mon="-1843.90362" period5Yr="-23564.45576"/><borrowers><borrower aggrVal="196308.121" lei="AC28XWWI3WIBK2824319" name="BARCLAYS CAPITAL, INC."/><borrower aggrVal="1056276.52" lei="9R7GPTSO7KV3UQJZQ078" name="MORGAN STANLEY &amp; CO. LLC"/></borrowers><isNonCashCollateral>N</isNonCashCollateral><returnInfo><monthlyTotReturns><monthlyTotReturn classId="C000077701" rtn1="-1.58" rtn2="0.48" rtn3="-1.23"/><monthlyTotReturn classId="C000077702" rtn1="-1.63" rtn2="0.07" rtn3="-1.29"/><monthlyTotReturn classId="C000083525" rtn1="-1.57" rtn2="0.14" rtn3="-1.21"/><monthlyTotReturn classId="C000077703" rtn1="-1.56" rtn2="0.5" rtn3="-1.21"/><monthlyTotReturn classId="C000114878" rtn1="-1.56" rtn2="0.15" rtn3="-1.2"/><monthlyTotReturn classId="C000077704" rtn1="-1.25" rtn2="0.11" rtn3="-1.24"/><monthlyTotReturn classId="C000028938" rtn1="-1.58" rtn2="0.13" rtn3="-1.22"/></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="0"/><mon2 netRealizedGain="0" netUnrealizedAppr="0"/><mon3 netRealizedGain="0" netUnrealizedAppr="0"/><forwardCategory><instrMon1 netRealizedGain="0" 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></foreignExchgContracts><interestRtContracts><mon1 netRealizedGain="-1323061" netUnrealizedAppr="-1266841"/><mon2 netRealizedGain="-4902468" netUnrealizedAppr="7371264"/><mon3 netRealizedGain="-37732" netUnrealizedAppr="-1918413"/><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="-1323061" netUnrealizedAppr="-1266841"/><instrMon2 netRealizedGain="-4902468" netUnrealizedAppr="7371264"/><instrMon3 netRealizedGain="-37732" netUnrealizedAppr="-1918413"/></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></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="-142092" netUnrealizedAppr="-15779725"/><othMon2 netRealizedGain="-2874330" netUnrealizedAppr="2260160"/><othMon3 netRealizedGain="-1802077" netUnrealizedAppr="-10991145"/></returnInfo><mon1Flow redemption="-30708771.83" reinvestment="1460730.82" sales="11212275.98"/><mon2Flow redemption="-33493224.58" reinvestment="1581457.58" sales="40938834.61"/><mon3Flow redemption="-38637455.78" reinvestment="1222688.49" sales="10283788.02"/></fundInfo><invstOrSecs><invstOrSec><name>N/A</name><lei>N/A</lei><title>Royal Bank of Canada</title><cusip>N/A</cusip><identifiers><other otherDesc="RBC SL TD" value="Internal ID"/></identifiers><balance>255563</balance><units>PA</units><curCd>USD</curCd><valUSD>255563</valUSD><pctVal>0.025</pctVal><payoffProfile>Long</payoffProfile><assetCat>STIV</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2022-07-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.56</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><cashCollateralCondition cashCollateralVal="255563" isCashCollateral="Y"/><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Janus Capital Group Inc</name><lei>8T2ZO87FU1KVPZIG9I59</lei><title>Janus Henderson Cash Liquidity Fund</title><cusip>N/A</cusip><identifiers><isin value="DU0000100962"/></identifiers><balance>40684162</balance><units>NS</units><curCd>USD</curCd><valUSD>40688230</valUSD><pctVal>3.921</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>PF</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Janus Henderson Cash Collateral Fund</name><lei>N/A</lei><title>Janus Henderson Cash Collateral Fund</title><cusip>N/A</cusip><identifiers><other otherDesc="896" value="Internal ID"/></identifiers><balance>1022250</balance><units>NS</units><curCd>USD</curCd><valUSD>1022250</valUSD><pctVal>0.098</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>PF</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><securityLending><cashCollateralCondition cashCollateralVal="1022250" isCashCollateral="Y"/><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>3147000</balance><units>PA</units><curCd>USD</curCd><valUSD>2718958</valUSD><pctVal>0.262</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>00914AAP7</cusip><identifiers><isin value="US00914AAP75"/><ticker value="AL"/><other otherDesc="BLCH7M6" value="Sedol"/></identifiers><balance>3072000</balance><units>PA</units><curCd>USD</curCd><valUSD>2813001</valUSD><pctVal>0.271</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2024-08-18</maturityDt><couponKind>Fixed</couponKind><annualizedRt>0.8</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>ALBERTSONS COS/SAFEWAY</name><lei>549300YKWOC0AOR16R51</lei><title>Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC</title><cusip>013092AD3</cusip><identifiers><isin value="US013092AD31"/><ticker value="ACI"/><other otherDesc="BKMH633" value="Sedol"/></identifiers><balance>5132000</balance><units>PA</units><curCd>USD</curCd><valUSD>5071032</valUSD><pctVal>0.489</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2023-02-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>3.5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>AMAZON.COM INC</name><lei>ZXTILKJKG63JELOEG630</lei><title>Amazon.com Inc</title><cusip>023135CD6</cusip><identifiers><isin value="US023135CD60"/><ticker value="AMZN"/><other otherDesc="BLPP114" value="Sedol"/></identifiers><balance>3911000</balance><units>PA</units><curCd>USD</curCd><valUSD>3880688</valUSD><pctVal>0.374</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2024-04-13</maturityDt><couponKind>Fixed</couponKind><annualizedRt>2.73</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>ARDAGH PKG FIN/HLDGS USA</name><lei>6354001JXMLKNZDZR978</lei><title>Ardagh Packaging Finance PLC / Ardagh Holdings USA Inc</title><cusip>03969AAN0</cusip><identifiers><isin value="US03969AAN00"/><ticker value="ARGID"/><other otherDesc="BK5HL35" value="Sedol"/></identifiers><balance>8937000</balance><units>PA</units><curCd>USD</curCd><valUSD>7571516</valUSD><pctVal>0.73</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>N/A</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-08-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.125</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>ARES CAPITAL CORP</name><lei>WEQ82666OJYSI5GUAB47</lei><title>Ares Capital Corp</title><cusip>04010LBD4</cusip><identifiers><isin value="US04010LBD47"/><ticker value="ARCC"/><other otherDesc="BK96718" value="Sedol"/></identifiers><balance>4880000</balance><units>PA</units><curCd>USD</curCd><valUSD>4073204</valUSD><pctVal>0.392</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2027-06-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>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>ATHENE GLOBAL FUNDING</name><lei>549300LM1QSI4MSIL320</lei><title>Athene Global Funding</title><cusip>04685A3F6</cusip><identifiers><isin value="US04685A3F62"/><ticker value="ATH"/><other otherDesc="BMYTKW8" value="Sedol"/></identifiers><balance>6009000</balance><units>PA</units><curCd>USD</curCd><valUSD>5607058</valUSD><pctVal>0.54</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-01-07</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.716</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>BANK OF AMERICA CORP</name><lei>9DJT3UXIJIZJI4WXO774</lei><title>Bank of America Corp</title><cusip>06051GKE8</cusip><identifiers><isin value="US06051GKE88"/><ticker value="BAC"/><other otherDesc="BP8KWZ5" value="Sedol"/></identifiers><balance>9491000</balance><units>PA</units><curCd>USD</curCd><valUSD>8830856</valUSD><pctVal>0.851</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-12-06</maturityDt><couponKind>Variable</couponKind><annualizedRt>1.53</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>BANK OF NY MELLON CORP</name><lei>WFLLPEPC7FZXENRZV188</lei><title>Bank of New York Mellon Corp</title><cusip>064058AH3</cusip><identifiers><isin value="US064058AH32"/><ticker value="BK"/><other otherDesc="BMF32J0" value="Sedol"/></identifiers><balance>5759000</balance><units>PA</units><curCd>USD</curCd><valUSD>5626543</valUSD><pctVal>0.542</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>4.7</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>BLACKSTONE PRIVATE CRE</name><lei>549300ORP3TTCNXSYO43</lei><title>Blackstone Private Credit Fund</title><cusip>09261HAS6</cusip><identifiers><isin value="US09261HAS67"/><ticker value="BCRED"/><other otherDesc="BNLYDN5" value="Sedol"/></identifiers><balance>5609000</balance><units>PA</units><curCd>USD</curCd><valUSD>5388284</valUSD><pctVal>0.519</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-03-24</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.7</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>BROADCOM INC</name><lei>549300WV6GIDOZJTV909</lei><title>Broadcom Inc</title><cusip>11135FAN1</cusip><identifiers><isin value="US11135FAN15"/><ticker value="AVGO"/><other otherDesc="BKXB913" value="Sedol"/></identifiers><balance>12701000</balance><units>PA</units><curCd>USD</curCd><valUSD>12168371</valUSD><pctVal>1.172</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>3.459</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>BRUNSWICK CORP</name><lei>YM4O38W15AX4YLLQKU27</lei><title>Brunswick Corp</title><cusip>117043AS8</cusip><identifiers><isin value="US117043AS82"/><ticker value="BC"/><other otherDesc="BNVY1Y2" value="Sedol"/></identifiers><balance>6078000</balance><units>PA</units><curCd>USD</curCd><valUSD>5616870</valUSD><pctVal>0.541</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2024-08-18</maturityDt><couponKind>Fixed</couponKind><annualizedRt>0.85</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>CAESARS RESORT / FINCO</name><lei>549300V3UCT773B1KR38</lei><title>Colt Merger Sub Inc</title><cusip>12770RAA1</cusip><identifiers><isin value="US12770RAA14"/><ticker value="CGPHLC"/><other otherDesc="BLFBXR2" value="Sedol"/></identifiers><balance>2695000</balance><units>PA</units><curCd>USD</curCd><valUSD>2577255</valUSD><pctVal>0.248</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-07-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>5.75</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>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>13752000</balance><units>PA</units><curCd>USD</curCd><valUSD>12837079</valUSD><pctVal>1.237</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>LUMEN TECHNOLOGIES INC</name><lei>8M3THTGWLTYZVE6BBY25</lei><title>CenturyLink Inc</title><cusip>156700AZ9</cusip><identifiers><isin value="US156700AZ93"/><ticker value="LUMN"/><other otherDesc="BYV8DY5" value="Sedol"/></identifiers><balance>1053000</balance><units>PA</units><curCd>USD</curCd><valUSD>998539</valUSD><pctVal>0.096</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-04-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>5.625</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>LUMEN TECHNOLOGIES INC</name><lei>8M3THTGWLTYZVE6BBY25</lei><title>CenturyLink Inc</title><cusip>156700BA3</cusip><identifiers><isin value="US156700BA34"/><ticker value="LUMN"/><other otherDesc="BDCR0J8" value="Sedol"/></identifiers><balance>1450000</balance><units>PA</units><curCd>USD</curCd><valUSD>1430063</valUSD><pctVal>0.138</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>7.5</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>CITIGROUP INC</name><lei>6SHGI4ZSSLCXXQSBB395</lei><title>Citigroup Inc</title><cusip>172967JT9</cusip><identifiers><isin value="US172967JT97"/><ticker value="C"/><other otherDesc="BYZRZP3" value="Sedol"/></identifiers><balance>5577000</balance><units>PA</units><curCd>USD</curCd><valUSD>5568672</valUSD><pctVal>0.537</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-06-10</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.4</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>COREBRIDGE FINANCIAL INC</name><lei>549300XY1661QCIA7J65</lei><title>Corebridge Financial Inc</title><cusip>21871XAA7</cusip><identifiers><isin value="US21871XAA72"/><ticker value="CRBG"/><other otherDesc="BMCMBS2" value="Sedol"/></identifiers><balance>2625000</balance><units>PA</units><curCd>USD</curCd><valUSD>2550409</valUSD><pctVal>0.246</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-04-04</maturityDt><couponKind>Fixed</couponKind><annualizedRt>3.5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>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>1642000</balance><units>PA</units><curCd>USD</curCd><valUSD>1537991</valUSD><pctVal>0.148</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>EQT CORP</name><lei>4NT01YGM4X7ZX86ISY52</lei><title>EQT Corp</title><cusip>26884LAM1</cusip><identifiers><isin value="US26884LAM19"/><ticker value="EQT"/><other otherDesc="BMYY692" value="Sedol"/></identifiers><balance>8555000</balance><units>PA</units><curCd>USD</curCd><valUSD>8010132</valUSD><pctVal>0.772</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-05-15</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>GLP CAPITAL LP / FIN II</name><lei>2549005PXW31DRW8EC44</lei><title>GLP Capital LP / GLP Financing II Inc</title><cusip>361841AN9</cusip><identifiers><isin value="US361841AN93"/><ticker value="GLPI"/><other otherDesc="BKDJ832" value="Sedol"/></identifiers><balance>5795000</balance><units>PA</units><curCd>USD</curCd><valUSD>5537968</valUSD><pctVal>0.534</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2024-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>3.35</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>GOLDMAN SACHS GROUP INC</name><lei>784F5XWPLTWKTBV3E584</lei><title>Goldman Sachs Group Inc</title><cusip>38141GXL3</cusip><identifiers><isin value="US38141GXL30"/><ticker value="GS"/><other otherDesc="BN4MRT0" value="Sedol"/></identifiers><balance>5881000</balance><units>PA</units><curCd>USD</curCd><valUSD>5807488</valUSD><pctVal>0.56</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2023-11-17</maturityDt><couponKind>Variable</couponKind><annualizedRt>0.627</annualizedRt><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>1308000</balance><units>PA</units><curCd>USD</curCd><valUSD>1301146</valUSD><pctVal>0.125</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>HCA INC</name><lei>L3CJ6J7LJ2DX62FTXD46</lei><title>HCA Inc</title><cusip>404119BS7</cusip><identifiers><isin value="US404119BS74"/><ticker value="HCA"/><other otherDesc="BYQ2966" value="Sedol"/></identifiers><balance>684000</balance><units>PA</units><curCd>USD</curCd><valUSD>687509</valUSD><pctVal>0.066</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-02-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>5.875</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>HAT HOLDINGS I LLC/HAT</name><lei>N/A</lei><title>HAT Holdings I LLC / HAT Holdings II LLC</title><cusip>418751AE3</cusip><identifiers><isin value="US418751AE33"/><ticker value="HASI"/><other otherDesc="BN7TVQ3" value="Sedol"/></identifiers><balance>4371000</balance><units>PA</units><curCd>USD</curCd><valUSD>3759060</valUSD><pctVal>0.362</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-06-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>3.375</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>HORIZON THERAPEUTICS USA</name><lei>254900IS87RLPXY88S03</lei><title>Horizon Pharma USA Inc</title><cusip>44055PAA4</cusip><identifiers><isin value="US44055PAA49"/><ticker value="HZNP"/><other otherDesc="BKFH1G8" value="Sedol"/></identifiers><balance>2095000</balance><units>PA</units><curCd>USD</curCd><valUSD>2020313</valUSD><pctVal>0.195</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2027-08-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>5.5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>IRB HOLDING CORP</name><lei>549300HVW4WNWYBXN830</lei><title>IRB Holding Corp</title><cusip>44988MAC9</cusip><identifiers><isin value="US44988MAC91"/><ticker value="ARGIHC"/><other otherDesc="BM9PS27" value="Sedol"/></identifiers><balance>1596000</balance><units>PA</units><curCd>USD</curCd><valUSD>1562245</valUSD><pctVal>0.151</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>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>PRA HEALTH SCIENCES INC</name><lei>549300R1HR1VWWHIAK47</lei><title>Indigo Merger Sub Inc</title><cusip>45569KAA1</cusip><identifiers><isin value="US45569KAA16"/><ticker value="ICLR"/><other otherDesc="BM9YJ65" value="Sedol"/></identifiers><balance>6630000</balance><units>PA</units><curCd>USD</curCd><valUSD>5900700</valUSD><pctVal>0.569</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-07-15</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>JPMORGAN CHASE &amp; CO</name><lei>8I5DZWZKVSZI1NUHU748</lei><title>JPMorgan Chase &amp; Co</title><cusip>46625HJQ4</cusip><identifiers><isin value="US46625HJQ48"/><ticker value="JPM"/><other otherDesc="BJ3Q687" value="Sedol"/></identifiers><balance>5657000</balance><units>PA</units><curCd>USD</curCd><valUSD>5694761</valUSD><pctVal>0.549</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>6.75</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>JPMORGAN CHASE &amp; CO</name><lei>8I5DZWZKVSZI1NUHU748</lei><title>JPMorgan Chase &amp; Co</title><cusip>46647PCZ7</cusip><identifiers><isin value="US46647PCZ71"/><ticker value="JPM"/><other otherDesc="BPDWKJ6" value="Sedol"/></identifiers><balance>6763000</balance><units>PA</units><curCd>USD</curCd><valUSD>6678644</valUSD><pctVal>0.644</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-04-26</maturityDt><couponKind>Variable</couponKind><annualizedRt>4.08</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>LOWE'S COS INC</name><lei>WAFCR4OKGSC504WU3E95</lei><title>LOW 3.35 04/01/27</title><cusip>548661EG8</cusip><identifiers><isin value="US548661EG89"/><ticker value="LOW"/><other otherDesc="BMGCJJ5" value="Sedol"/></identifiers><balance>916000</balance><units>PA</units><curCd>USD</curCd><valUSD>881492</valUSD><pctVal>0.085</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2027-04-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>3.35</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>MICROCHIP TECHNOLOGY INC</name><lei>5493007PTFULNYZJ1R12</lei><title>Microchip Technology Inc</title><cusip>595017AZ7</cusip><identifiers><isin value="US595017AZ74"/><ticker value="MCHP"/><other otherDesc="BNTZVV4" value="Sedol"/></identifiers><balance>5655000</balance><units>PA</units><curCd>USD</curCd><valUSD>5560781</valUSD><pctVal>0.536</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2023-09-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>2.67</annualizedRt><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>2385000</balance><units>PA</units><curCd>USD</curCd><valUSD>2321821</valUSD><pctVal>0.224</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>MORGAN STANLEY</name><lei>IGJSJL3JD5P30I6NJZ34</lei><title>Morgan Stanley</title><cusip>61744YAQ1</cusip><identifiers><isin value="US61744YAQ17"/><ticker value="MS"/><other otherDesc="BD1ML80" value="Sedol"/></identifiers><balance>5133000</balance><units>PA</units><curCd>USD</curCd><valUSD>5115129</valUSD><pctVal>0.493</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2024-04-24</maturityDt><couponKind>Variable</couponKind><annualizedRt>3.737</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>MORGAN STANLEY</name><lei>IGJSJL3JD5P30I6NJZ34</lei><title>Morgan Stanley</title><cusip>61747YDU6</cusip><identifiers><isin value="US61747YDU64"/><ticker value="MS"/><other otherDesc="B9WG9Z6" value="Sedol"/></identifiers><balance>8673000</balance><units>PA</units><curCd>USD</curCd><valUSD>8706824</valUSD><pctVal>0.839</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2023-05-22</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.1</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>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>7722000</balance><units>PA</units><curCd>USD</curCd><valUSD>7361923</valUSD><pctVal>0.709</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>NEXTERA ENERGY OPERATING</name><lei>549300KJEC5IUVJWR786</lei><title>NextEra Energy Operating Partners LP</title><cusip>65342QAK8</cusip><identifiers><isin value="US65342QAK85"/><ticker value="NEP"/><other otherDesc="BJ7HPT0" value="Sedol"/></identifiers><balance>1229000</balance><units>PA</units><curCd>USD</curCd><valUSD>1175661</valUSD><pctVal>0.113</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2024-07-15</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>NOVELIS CORP</name><lei>549300G5F3W3B52WYL23</lei><title>Novelis Corp</title><cusip>670001AG1</cusip><identifiers><isin value="US670001AG19"/><ticker value="HNDLIN"/><other otherDesc="BMJ0GP1" value="Sedol"/></identifiers><balance>4224000</balance><units>PA</units><curCd>USD</curCd><valUSD>3570440</valUSD><pctVal>0.344</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-11-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>3.25</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>ONEMAIN FINANCE CORP</name><lei>5493008I795YYBFWFU90</lei><title>OneMain Finance Corp</title><cusip>682691AB6</cusip><identifiers><isin value="US682691AB63"/><ticker value="OMF"/><other otherDesc="BNSPQ21" value="Sedol"/></identifiers><balance>2473000</balance><units>PA</units><curCd>USD</curCd><valUSD>1978400</valUSD><pctVal>0.191</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2027-01-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>3.5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>OWL ROCK CAPITAL CORPORA</name><lei>5493003BCZ22YM5BRK17</lei><title>Owl Rock Capital Corp</title><cusip>69122JAA4</cusip><identifiers><isin value="US69122JAA43"/><ticker value="ORCIII"/><other otherDesc="BMJ0XY9" value="Sedol"/></identifiers><balance>4908000</balance><units>PA</units><curCd>USD</curCd><valUSD>4191016</valUSD><pctVal>0.404</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2027-04-13</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>MODIVCARE INC</name><lei>549300EFZIFW7F7I0Q28</lei><title>Providence Service Corp</title><cusip>743815AE2</cusip><identifiers><isin value="US743815AE20"/><ticker value="MODV"/><other otherDesc="BMYNVX8" value="Sedol"/></identifiers><balance>1734000</balance><units>PA</units><curCd>USD</curCd><valUSD>1595280</valUSD><pctVal>0.154</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-11-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>5.875</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>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>3936000</balance><units>PA</units><curCd>USD</curCd><valUSD>3676696</valUSD><pctVal>0.354</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><loanByFundCondition isLoanByFund="Y" loanVal="196308.121"/></securityLending></invstOrSec><invstOrSec><name>ROCKETMTGE CO-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>7856000</balance><units>PA</units><curCd>USD</curCd><valUSD>6492277</valUSD><pctVal>0.626</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>S&amp;P GLOBAL INC</name><lei>Y6X4K52KMJMZE7I7MY94</lei><title>S&amp;P Global Inc</title><cusip>78409VBA1</cusip><identifiers><isin value="US78409VBA17"/><ticker value="SPGI"/><other otherDesc="BMD7MB6" value="Sedol"/></identifiers><balance>5769000</balance><units>PA</units><curCd>USD</curCd><valUSD>5399802</valUSD><pctVal>0.52</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2027-03-01</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>SLM CORP</name><lei>4K8SLPBF5DXXGPW03H93</lei><title>SLM Corp</title><cusip>78442PGE0</cusip><identifiers><isin value="US78442PGE07"/><ticker value="SLM"/><other otherDesc="BNHX0Z7" value="Sedol"/></identifiers><balance>5551000</balance><units>PA</units><curCd>USD</curCd><valUSD>4482210</valUSD><pctVal>0.432</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-11-02</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>SVB FINANCIAL GROUP</name><lei>549300D2KJ20JMXE7542</lei><title>SVB Financial Group</title><cusip>78486QAP6</cusip><identifiers><isin value="US78486QAP63"/><ticker value="SIVB"/><other otherDesc="BLCY4N7" value="Sedol"/></identifiers><balance>7497000</balance><units>PA</units><curCd>USD</curCd><valUSD>5656717</valUSD><pctVal>0.545</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>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>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>10603000</balance><units>PA</units><curCd>USD</curCd><valUSD>10470463</valUSD><pctVal>1.009</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>85172FAM1</cusip><identifiers><isin value="US85172FAM14"/><ticker value="OMF"/><other otherDesc="BF28TP4" value="Sedol"/></identifiers><balance>2071000</balance><units>PA</units><curCd>USD</curCd><valUSD>1962811</valUSD><pctVal>0.189</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-03-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>6.875</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>SPRINT COMMUNICATIONS</name><lei>549300JKU50UT08ZWD77</lei><title>Sprint Communications Inc</title><cusip>852061AS9</cusip><identifiers><isin value="US852061AS99"/><ticker value="S"/><other otherDesc="B8SFFP2" value="Sedol"/></identifiers><balance>3817000</balance><units>PA</units><curCd>USD</curCd><valUSD>3833614</valUSD><pctVal>0.369</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2022-11-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>6</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>SPRINT CORP</name><lei>549300ZTTY7CXOLJ6539</lei><title>Sprint Corp</title><cusip>85207UAF2</cusip><identifiers><isin value="US85207UAF21"/><ticker value="S"/><other otherDesc="BSDRYY5" value="Sedol"/></identifiers><balance>2254000</balance><units>PA</units><curCd>USD</curCd><valUSD>2323401</valUSD><pctVal>0.224</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2023-09-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>7.875</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>STARWOOD PROPERTY TRUST</name><lei>BUGSFQZERKRBFWIG5267</lei><title>Starwood Property Trust Inc</title><cusip>85571BAW5</cusip><identifiers><isin value="US85571BAW54"/><ticker value="STWD"/><other otherDesc="BP6NLW6" value="Sedol"/></identifiers><balance>2946000</balance><units>PA</units><curCd>USD</curCd><valUSD>2680860</valUSD><pctVal>0.258</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2024-12-31</maturityDt><couponKind>Fixed</couponKind><annualizedRt>3.75</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>T-MOBILE USA INC</name><lei>549300V2JRLO5DIFGE82</lei><title>T-Mobile USA Inc</title><cusip>87264ABR5</cusip><identifiers><isin value="US87264ABR59"/><ticker value="TMUS"/><other otherDesc="BMBKDD6" value="Sedol"/></identifiers><balance>2834000</balance><units>PA</units><curCd>USD</curCd><valUSD>2550297</valUSD><pctVal>0.246</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-02-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>2.25</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>T-MOBILE USA INC</name><lei>549300V2JRLO5DIFGE82</lei><title>T-Mobile USA Inc</title><cusip>87264ACC7</cusip><identifiers><isin value="US87264ACC71"/><ticker value="TMUS"/><other otherDesc="BMBVMZ4" value="Sedol"/></identifiers><balance>2864000</balance><units>PA</units><curCd>USD</curCd><valUSD>2577294</valUSD><pctVal>0.248</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-02-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>2.25</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>TSMC ARIZONA CORP</name><lei>2549005GOBWLCSY63Q97</lei><title>TSMC Arizona Corp</title><cusip>872898AF8</cusip><identifiers><isin value="US872898AF83"/><ticker value="TAISEM"/><other otherDesc="BPDWK85" value="Sedol"/></identifiers><balance>1299000</balance><units>PA</units><curCd>USD</curCd><valUSD>1294592</valUSD><pctVal>0.125</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2027-04-22</maturityDt><couponKind>Fixed</couponKind><annualizedRt>3.875</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>TARGA RESOURCES PARTNERS</name><lei>6OQWTZ1SPC04IFT4T704</lei><title>Targa Resources Partners LP / Targa Resources Partners Finance Corp</title><cusip>87612BBL5</cusip><identifiers><isin value="US87612BBL53"/><ticker value="TRGP"/><other otherDesc="BKVFC29" value="Sedol"/></identifiers><balance>1643000</balance><units>PA</units><curCd>USD</curCd><valUSD>1683023</valUSD><pctVal>0.162</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2027-07-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>6.5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>TENET HEALTHCARE CORP</name><lei>0W9AIBT6U6ADJ2I8HK17</lei><title>Tenet Healthcare Corp</title><cusip>88033GCS7</cusip><identifiers><isin value="US88033GCS75"/><ticker value="THC"/><other otherDesc="BD492B8" value="Sedol"/></identifiers><balance>712000</balance><units>PA</units><curCd>USD</curCd><valUSD>683328</valUSD><pctVal>0.066</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2024-07-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.625</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>TRANSDIGM INC</name><lei>88Q84GB3X55CF5OC7582</lei><title>TransDigm Inc</title><cusip>893647BK2</cusip><identifiers><isin value="US893647BK28"/><ticker value="TDG"/><other otherDesc="BMBQFR2" value="Sedol"/></identifiers><balance>2724000</balance><units>PA</units><curCd>USD</curCd><valUSD>2754618</valUSD><pctVal>0.265</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-12-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>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>US TREASURY N/B</name><lei>254900HROIFWPRGM1V77</lei><title>United States Treasury Note/Bond</title><cusip>912828ZH6</cusip><identifiers><isin value="US912828ZH65"/><ticker value="UST1"/><other otherDesc="BM8MMF0" value="Sedol"/></identifiers><balance>8776000</balance><units>PA</units><curCd>USD</curCd><valUSD>8599452</valUSD><pctVal>0.829</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>UST</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2023-04-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>0.25</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>US TREASURY N/B</name><lei>254900HROIFWPRGM1V77</lei><title>United States Treasury Note/Bond</title><cusip>91282CBD2</cusip><identifiers><isin value="US91282CBD20"/><ticker value="UST1"/><other otherDesc="BNNXCJ9" value="Sedol"/></identifiers><balance>4293000</balance><units>PA</units><curCd>USD</curCd><valUSD>4241685</valUSD><pctVal>0.409</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>UST</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2022-12-31</maturityDt><couponKind>Fixed</couponKind><annualizedRt>0.125</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>US TREASURY N/B</name><lei>254900HROIFWPRGM1V77</lei><title>United States Treasury Note/Bond</title><cusip>91282CBN0</cusip><identifiers><isin value="US91282CBN02"/><ticker value="UST1"/><other otherDesc="BLKH0W9" value="Sedol"/></identifiers><balance>21798000</balance><units>PA</units><curCd>USD</curCd><valUSD>21427604</valUSD><pctVal>2.065</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>UST</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2023-02-28</maturityDt><couponKind>Fixed</couponKind><annualizedRt>0.125</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>US TREASURY N/B</name><lei>254900HROIFWPRGM1V77</lei><title>United States Treasury Note/Bond</title><cusip>91282CBU4</cusip><identifiers><isin value="US91282CBU45"/><ticker value="UST1"/><other otherDesc="BMDNPM6" value="Sedol"/></identifiers><balance>26954000</balance><units>PA</units><curCd>USD</curCd><valUSD>26430713</valUSD><pctVal>2.547</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>UST</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2023-03-31</maturityDt><couponKind>Fixed</couponKind><annualizedRt>0.125</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>US TREASURY N/B</name><lei>254900HROIFWPRGM1V77</lei><title>United States Treasury Note/Bond</title><cusip>91282CBX8</cusip><identifiers><isin value="US91282CBX83"/><ticker value="UST1"/><other otherDesc="BMDV7J1" value="Sedol"/></identifiers><balance>17062000</balance><units>PA</units><curCd>USD</curCd><valUSD>16678105</valUSD><pctVal>1.607</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>UST</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2023-04-30</maturityDt><couponKind>Fixed</couponKind><annualizedRt>0.125</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>US TREASURY N/B</name><lei>254900HROIFWPRGM1V77</lei><title>United States Treasury Note/Bond</title><cusip>91282CCD1</cusip><identifiers><isin value="US91282CCD11"/><ticker value="UST1"/><other otherDesc="BM9BQV0" value="Sedol"/></identifiers><balance>24051000</balance><units>PA</units><curCd>USD</curCd><valUSD>23455362</valUSD><pctVal>2.26</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>UST</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2023-05-31</maturityDt><couponKind>Fixed</couponKind><annualizedRt>0.125</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>US TREASURY N/B</name><lei>254900HROIFWPRGM1V77</lei><title>United States Treasury Note/Bond</title><cusip>91282CCK5</cusip><identifiers><isin value="US91282CCK53"/><ticker value="UST1"/><other otherDesc="BMBYXB6" value="Sedol"/></identifiers><balance>60346000</balance><units>PA</units><curCd>USD</curCd><valUSD>58690691</valUSD><pctVal>5.655</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>UST</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2023-06-30</maturityDt><couponKind>Fixed</couponKind><annualizedRt>0.125</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>US TREASURY N/B</name><lei>254900HROIFWPRGM1V77</lei><title>United States Treasury Note/Bond</title><cusip>91282CCU3</cusip><identifiers><isin value="US91282CCU36"/><ticker value="UST1"/><other otherDesc="BN4FTW6" value="Sedol"/></identifiers><balance>4619000</balance><units>PA</units><curCd>USD</curCd><valUSD>4468702</valUSD><pctVal>0.431</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>UST</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2023-08-31</maturityDt><couponKind>Fixed</couponKind><annualizedRt>0.125</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>US TREASURY N/B</name><lei>254900HROIFWPRGM1V77</lei><title>United States Treasury Note/Bond</title><cusip>91282CCZ2</cusip><identifiers><isin value="US91282CCZ23"/><ticker value="UST1"/><other otherDesc="BMCV833" value="Sedol"/></identifiers><balance>2586400</balance><units>PA</units><curCd>USD</curCd><valUSD>2362111</valUSD><pctVal>0.228</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>UST</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-09-30</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>US TREASURY N/B</name><lei>254900HROIFWPRGM1V77</lei><title>United States Treasury Note/Bond</title><cusip>91282CDD0</cusip><identifiers><isin value="US91282CDD02"/><ticker value="UST1"/><other otherDesc="BN7DP30" value="Sedol"/></identifiers><balance>44134000</balance><units>PA</units><curCd>USD</curCd><valUSD>42651373</valUSD><pctVal>4.11</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>UST</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2023-10-31</maturityDt><couponKind>Fixed</couponKind><annualizedRt>0.375</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>US TREASURY N/B</name><lei>254900HROIFWPRGM1V77</lei><title>United States Treasury Note/Bond</title><cusip>91282CDH1</cusip><identifiers><isin value="US91282CDH16"/><ticker value="UST1"/><other otherDesc="BMCNFS3" value="Sedol"/></identifiers><balance>9849000</balance><units>PA</units><curCd>USD</curCd><valUSD>9338853</valUSD><pctVal>0.9</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>UST</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2024-11-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>0.75</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>US TREASURY N/B</name><lei>254900HROIFWPRGM1V77</lei><title>United States Treasury Note/Bond</title><cusip>91282CDS7</cusip><identifiers><isin value="US91282CDS70"/><ticker value="UST1"/><other otherDesc="BP82NF8" value="Sedol"/></identifiers><balance>760000</balance><units>PA</units><curCd>USD</curCd><valUSD>724791</valUSD><pctVal>0.07</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>UST</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-01-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.125</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>US TREASURY N/B</name><lei>254900HROIFWPRGM1V77</lei><title>United States Treasury Note/Bond</title><cusip>91282CDV0</cusip><identifiers><isin value="US91282CDV00"/><ticker value="UST1"/><other otherDesc="BN95VQ9" value="Sedol"/></identifiers><balance>17979000</balance><units>PA</units><curCd>USD</curCd><valUSD>17397492</valUSD><pctVal>1.676</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>UST</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2024-01-31</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>US TREASURY N/B</name><lei>254900HROIFWPRGM1V77</lei><title>United States Treasury Note/Bond</title><cusip>91282CDZ1</cusip><identifiers><isin value="US91282CDZ14"/><ticker value="UST1"/><other otherDesc="BM96PT6" value="Sedol"/></identifiers><balance>361000</balance><units>PA</units><curCd>USD</curCd><valUSD>346955</valUSD><pctVal>0.033</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>UST</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-02-15</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>US TREASURY N/B</name><lei>254900HROIFWPRGM1V77</lei><title>United States Treasury Note/Bond</title><cusip>91282CED9</cusip><identifiers><isin value="US91282CED92"/><ticker value="UST1"/><other otherDesc="BP96166" value="Sedol"/></identifiers><balance>1442000</balance><units>PA</units><curCd>USD</curCd><valUSD>1394065</valUSD><pctVal>0.134</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>UST</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-03-15</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>US TREASURY N/B</name><lei>254900HROIFWPRGM1V77</lei><title>United States Treasury Note/Bond</title><cusip>91282CEN7</cusip><identifiers><isin value="US91282CEN74"/><ticker value="UST1"/><other otherDesc="BQ2GVM6" value="Sedol"/></identifiers><balance>15243900</balance><units>PA</units><curCd>USD</curCd><valUSD>15037869</valUSD><pctVal>1.449</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>UST</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2027-04-30</maturityDt><couponKind>Fixed</couponKind><annualizedRt>2.75</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>US TREASURY N/B</name><lei>254900HROIFWPRGM1V77</lei><title>United States Treasury Note/Bond</title><cusip>91282CES6</cusip><identifiers><isin value="US91282CES61"/><ticker value="UST1"/><other otherDesc="BK939H9" value="Sedol"/></identifiers><balance>1453000</balance><units>PA</units><curCd>USD</curCd><valUSD>1424394</valUSD><pctVal>0.137</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>UST</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2029-05-31</maturityDt><couponKind>Fixed</couponKind><annualizedRt>2.75</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>UNIVAR SOLUTIONS USA INC</name><lei>5493008FTB9VZW6CVA82</lei><title>Univar Solutions USA Inc</title><cusip>91337CAA4</cusip><identifiers><isin value="US91337CAA45"/><ticker value="UNVR"/><other otherDesc="BL0MJC7" value="Sedol"/></identifiers><balance>1692000</balance><units>PA</units><curCd>USD</curCd><valUSD>1574727</valUSD><pctVal>0.152</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2027-12-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>5.125</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>VAIL RESORTS INC</name><lei>529900PSZHRNU9HKH870</lei><title>Vail Resorts Inc</title><cusip>91879QAL3</cusip><identifiers><isin value="US91879QAL32"/><ticker value="MTN"/><other otherDesc="BKSHXX6" value="Sedol"/></identifiers><balance>3139000</balance><units>PA</units><curCd>USD</curCd><valUSD>3135139</valUSD><pctVal>0.302</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-05-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>6.25</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>VICI PROPERTIES / NOTE</name><lei>254900X4QE7SGKQLLN38</lei><title>VICI Properties LP / VICI Note Co Inc</title><cusip>92564RAC9</cusip><identifiers><isin value="US92564RAC97"/><ticker value="VICI"/><other otherDesc="BKMH622" value="Sedol"/></identifiers><balance>8868000</balance><units>PA</units><curCd>USD</curCd><valUSD>8295328</valUSD><pctVal>0.799</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-02-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>3.5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>VICI PROPERTIES LP</name><lei>254900X4QE7SGKQLLN38</lei><title>VICI Properties LP</title><cusip>925650AA1</cusip><identifiers><isin value="US925650AA17"/><ticker value="VICI"/><other otherDesc="BPWCPV4" value="Sedol"/></identifiers><balance>3774000</balance><units>PA</units><curCd>USD</curCd><valUSD>3685987</valUSD><pctVal>0.355</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-05-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.375</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>WR GRACE HOLDING LLC</name><lei>N/A</lei><title>GRA 5.625 10/01/24 144a</title><cusip>92943GAC5</cusip><identifiers><isin value="US92943GAC50"/><ticker value="GRA"/><other otherDesc="BN303W0" value="Sedol"/></identifiers><balance>3946000</balance><units>PA</units><curCd>USD</curCd><valUSD>3822924</valUSD><pctVal>0.368</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2024-10-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>5.625</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>WELLS FARGO &amp; COMPANY</name><lei>PBLD0EJDB5FWOLXP3B76</lei><title>Wells Fargo &amp; Co</title><cusip>95000U2V4</cusip><identifiers><isin value="US95000U2V48"/><ticker value="WFC"/><other otherDesc="BNLYDQ8" value="Sedol"/></identifiers><balance>3116000</balance><units>PA</units><curCd>USD</curCd><valUSD>2951311</valUSD><pctVal>0.284</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2028-03-24</maturityDt><couponKind>Variable</couponKind><annualizedRt>3.526</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>TRAVEL + LEISURE CO</name><lei>T4VNTWMFQ7JQB65L7T35</lei><title>Wyndham Destinations Inc</title><cusip>98310WAP3</cusip><identifiers><isin value="US98310WAP32"/><ticker value="TNL"/><other otherDesc="BF08417" value="Sedol"/></identifiers><balance>1763000</balance><units>PA</units><curCd>USD</curCd><valUSD>1732148</valUSD><pctVal>0.167</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>5.65</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>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>6559000</balance><units>PA</units><curCd>USD</curCd><valUSD>6056133</valUSD><pctVal>0.584</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>13077000</balance><units>PA</units><curCd>USD</curCd><valUSD>11386965</valUSD><pctVal>1.097</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>AVOLON HOLDINGS FNDG LTD</name><lei>635400ZRKEX9L1BKCH30</lei><title>Avolon Holdings Funding Ltd</title><cusip>05401AAL5</cusip><identifiers><isin value="US05401AAL52"/><ticker value="AVOL"/><other otherDesc="BN4MRX4" value="Sedol"/></identifiers><balance>2351000</balance><units>PA</units><curCd>USD</curCd><valUSD>2177135</valUSD><pctVal>0.21</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>KY</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-04-15</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>AVOLON HOLDINGS FNDG LTD</name><lei>635400ZRKEX9L1BKCH30</lei><title>Avolon Holdings Funding Ltd</title><cusip>05401AAM3</cusip><identifiers><isin value="US05401AAM36"/><ticker value="AVOL"/><other otherDesc="BMV6YQ4" value="Sedol"/></identifiers><balance>3354000</balance><units>PA</units><curCd>USD</curCd><valUSD>2899587</valUSD><pctVal>0.279</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>KY</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-02-21</maturityDt><couponKind>Fixed</couponKind><annualizedRt>2.125</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>BNP PARIBAS</name><lei>R0MUWSFPU8MPRO8K5P83</lei><title>BNP Paribas SA</title><cusip>05565AAN3</cusip><identifiers><isin value="US05565AAN37"/><ticker value="BNP"/><other otherDesc="BYV0501" value="Sedol"/></identifiers><balance>5148000</balance><units>PA</units><curCd>USD</curCd><valUSD>5096251</valUSD><pctVal>0.491</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>FR</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2099-12-31</maturityDt><couponKind>Variable</couponKind><annualizedRt>7.375</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>BANCO SANTANDER SA</name><lei>5493006QMFDDMYWIAM13</lei><title>Banco Santander SA</title><cusip>05964HAQ8</cusip><identifiers><isin value="US05964HAQ83"/><ticker value="SANTAN"/><other otherDesc="BNQNGP0" value="Sedol"/></identifiers><balance>8400000</balance><units>PA</units><curCd>USD</curCd><valUSD>8015112</valUSD><pctVal>0.772</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>ES</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2028-03-24</maturityDt><couponKind>Variable</couponKind><annualizedRt>4.175</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>BNP PARIBAS</name><lei>R0MUWSFPU8MPRO8K5P83</lei><title>BNP Paribas SA</title><cusip>09659W2G8</cusip><identifiers><isin value="US09659W2G82"/><ticker value="BNP"/><other otherDesc="BJ7X7W5" value="Sedol"/></identifiers><balance>3253000</balance><units>PA</units><curCd>USD</curCd><valUSD>3251299</valUSD><pctVal>0.313</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>FR</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-01-10</maturityDt><couponKind>Variable</couponKind><annualizedRt>4.705</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>BNP PARIBAS</name><lei>R0MUWSFPU8MPRO8K5P83</lei><title>BNP Paribas SA</title><cusip>09659W2J2</cusip><identifiers><isin value="US09659W2J22"/><ticker value="BNP"/><other otherDesc="BJN53P0" value="Sedol"/></identifiers><balance>2267000</balance><units>PA</units><curCd>USD</curCd><valUSD>2165612</valUSD><pctVal>0.209</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>FR</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-11-19</maturityDt><couponKind>Variable</couponKind><annualizedRt>2.819</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>CASTLELAKE AVIATION FIN</name><lei>N/A</lei><title>Castlelake Aviation Finance DAC</title><cusip>14856HAA6</cusip><identifiers><isin value="US14856HAA68"/><ticker value="CASAVI"/><other otherDesc="BMV3PB7" value="Sedol"/></identifiers><balance>2999000</balance><units>PA</units><curCd>USD</curCd><valUSD>2489622</valUSD><pctVal>0.24</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>IE</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2027-04-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><loanByFundCondition isLoanByFund="Y" loanVal="1056276.52"/></securityLending></invstOrSec><invstOrSec><name>DEUTSCHE BANK NY</name><lei>7LTWFZYICNSX8D621K86</lei><title>Deutsche Bank AG / New York</title><cusip>251526CM9</cusip><identifiers><isin value="US251526CM97"/><ticker value="DB"/><other otherDesc="BMBX250" value="Sedol"/></identifiers><balance>3030000</balance><units>PA</units><curCd>USD</curCd><valUSD>2902930</valUSD><pctVal>0.28</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>DE</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2023-11-08</maturityDt><couponKind>Fixed</couponKind><annualizedRt>0.962</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>GFL ENVIRONMENTAL INC</name><lei>5493008HF9XC5H29ZX61</lei><title>GFL Environmental Inc</title><cusip>36168QAK0</cusip><identifiers><isin value="US36168QAK04"/><ticker value="GFLCN"/><other otherDesc="BMTV784" value="Sedol"/></identifiers><balance>3989000</balance><units>PA</units><curCd>USD</curCd><valUSD>3699798</valUSD><pctVal>0.356</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>CA</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-08-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>3.75</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>INTERNATIONAL GAME TECH</name><lei>549300UQ6KHRCZDRGZ76</lei><title>International Game Technology PLC</title><cusip>460599AC7</cusip><identifiers><isin value="US460599AC74"/><ticker value="IGT"/><other otherDesc="BWV0NJ2" value="Sedol"/></identifiers><balance>2189000</balance><units>PA</units><curCd>USD</curCd><valUSD>2178055</valUSD><pctVal>0.21</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>GB</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-02-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>6.5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>INTERNATIONAL GAME TECH</name><lei>549300UQ6KHRCZDRGZ76</lei><title>International Game Technology PLC</title><cusip>460599AF0</cusip><identifiers><isin value="US460599AF06"/><ticker value="IGT"/><other otherDesc="BNW1ZV7" value="Sedol"/></identifiers><balance>1766000</balance><units>PA</units><curCd>USD</curCd><valUSD>1598230</valUSD><pctVal>0.154</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>GB</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-04-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.125</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>JBS FINANCE LUXEMBOURG</name><lei>N/A</lei><title>JBS Finance Luxembourg Sarl</title><cusip>46592QAB5</cusip><identifiers><isin value="US46592QAB59"/><ticker value="JBSSBZ"/><other otherDesc="BMYT7W7" value="Sedol"/></identifiers><balance>4222000</balance><units>PA</units><curCd>USD</curCd><valUSD>3672554</valUSD><pctVal>0.354</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>LU</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2027-01-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>2.5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>NOVA CHEMICALS CORP</name><lei>5493007M1XGU5E55ZJ25</lei><title>NOVA Chemicals Corp</title><cusip>66977WAQ2</cusip><identifiers><isin value="US66977WAQ24"/><ticker value="NCX"/><other otherDesc="BYZQ6K2" value="Sedol"/></identifiers><balance>1707000</balance><units>PA</units><curCd>USD</curCd><valUSD>1622499</valUSD><pctVal>0.156</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>CA</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2024-06-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.875</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>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>6587000</balance><units>PA</units><curCd>USD</curCd><valUSD>6288477</valUSD><pctVal>0.606</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>UBS GROUP AG</name><lei>549300SZJ9VS8SGXAN81</lei><title>UBS Group AG</title><cusip>90352JAF0</cusip><identifiers><isin value="US90352JAF03"/><ticker value="UBS"/><other otherDesc="BJJH9C9" value="Sedol"/></identifiers><balance>5447000</balance><units>PA</units><curCd>USD</curCd><valUSD>5306044</valUSD><pctVal>0.511</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>CH</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2099-12-31</maturityDt><couponKind>Variable</couponKind><annualizedRt>7</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Fannie Mae or Freddie Mac</name><lei>B1V7KEBTPIMZEU4LTD58</lei><title>Fannie Mae</title><cusip>01F030678</cusip><identifiers><isin value="US01F0306781"/><ticker value="FNCL"/><other otherDesc="B87DSZ8" value="Sedol"/></identifiers><balance>7660827</balance><units>PA</units><curCd>USD</curCd><valUSD>7131472</valUSD><pctVal>0.687</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-MBS</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2049-12-25</maturityDt><couponKind>Fixed</couponKind><annualizedRt>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>Fannie Mae</name><lei>B1V7KEBTPIMZEU4LTD58</lei><title>Fannie Mae Pool</title><cusip>01F032674</cusip><identifiers><isin value="US01F0326748"/><ticker value="FNCL"/><other otherDesc="B88YX11" value="Sedol"/></identifiers><balance>5636570</balance><units>PA</units><curCd>USD</curCd><valUSD>5419985</valUSD><pctVal>0.522</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-MBS</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2052-03-25</maturityDt><couponKind>Fixed</couponKind><annualizedRt>3.5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Fannie Mae</name><lei>B1V7KEBTPIMZEU4LTD58</lei><title>Fannie Mae Pool</title><cusip>01F040677</cusip><identifiers><isin value="US01F0406771"/><ticker value="FNCL"/><other otherDesc="B58XJ31" value="Sedol"/></identifiers><balance>12119125</balance><units>PA</units><curCd>USD</curCd><valUSD>11948257</valUSD><pctVal>1.151</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-MBS</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2052-04-25</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>Fannie Mae</name><lei>B1V7KEBTPIMZEU4LTD58</lei><title>Fannie Mae Pool</title><cusip>01F042673</cusip><identifiers><isin value="US01F0426738"/><ticker value="FNCL"/><other otherDesc="B8DM4S4" value="Sedol"/></identifiers><balance>2643895</balance><units>PA</units><curCd>USD</curCd><valUSD>2653677</valUSD><pctVal>0.256</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-MBS</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2052-05-25</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>BX Commercial Mortgage Trust 2</name><lei>N/A</lei><title>BX Commercial Mortgage Trust 2019-XL</title><cusip>056054AA7</cusip><identifiers><isin value="US056054AA70"/><ticker value="BX"/><other otherDesc="BJYDQQ5" value="Sedol"/></identifiers><balance>3746157</balance><units>PA</units><curCd>USD</curCd><valUSD>3685128</valUSD><pctVal>0.355</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-MBS</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2036-10-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.244</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>BX Commercial Mortgage Trust 2</name><lei>N/A</lei><title>BX Commercial Mortgage Trust 2019-XL</title><cusip>056054AE9</cusip><identifiers><isin value="US056054AE92"/><ticker value="BX"/><other otherDesc="BJYDQS7" value="Sedol"/></identifiers><balance>850000</balance><units>PA</units><curCd>USD</curCd><valUSD>836722</valUSD><pctVal>0.081</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-MBS</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2036-10-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.404</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Fannie Mae - CAS</name><lei>B1V7KEBTPIMZEU4LTD58</lei><title>Connecticut Avenue Securities Trust 2019-R03</title><cusip>20753MAF5</cusip><identifiers><isin value="US20753MAF59"/><ticker value="CAS"/><other otherDesc="BHL14C0" value="Sedol"/></identifiers><balance>932890</balance><units>PA</units><curCd>USD</curCd><valUSD>928479</valUSD><pctVal>0.089</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-MBS</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2031-09-25</maturityDt><couponKind>Floating</couponKind><annualizedRt>3.77357</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Fannie Mae - CAS</name><lei>B1V7KEBTPIMZEU4LTD58</lei><title>Connecticut Avenue Securities Trust 2019-R07</title><cusip>20753WAF3</cusip><identifiers><isin value="US20753WAF32"/><ticker value="CAS"/><other otherDesc="BJTM1C8" value="Sedol"/></identifiers><balance>7255</balance><units>PA</units><curCd>USD</curCd><valUSD>7228</valUSD><pctVal>0.001</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-MBS</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2039-10-25</maturityDt><couponKind>Floating</couponKind><annualizedRt>3.72357</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Fannie Mae - CAS</name><lei>B1V7KEBTPIMZEU4LTD58</lei><title>Connecticut Avenue Securities Trust 2019-R06</title><cusip>20754JAB0</cusip><identifiers><isin value="US20754JAB08"/><ticker value="CAS"/><other otherDesc="BKWF0W4" value="Sedol"/></identifiers><balance>614258</balance><units>PA</units><curCd>USD</curCd><valUSD>611652</valUSD><pctVal>0.059</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-MBS</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2039-09-25</maturityDt><couponKind>Floating</couponKind><annualizedRt>3.72357</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Freddie Mac</name><lei>S6XOOCT0IEG5ABCC6L87</lei><title>Freddie Mac Pool</title><cusip>3133B42W4</cusip><identifiers><isin value="US3133B42W47"/><ticker value="FR"/><other otherDesc="BQBFN95" value="Sedol"/></identifiers><balance>1228876</balance><units>PA</units><curCd>USD</curCd><valUSD>1184679</valUSD><pctVal>0.114</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-MBS</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2052-02-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>3.5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Freddie Mac</name><lei>S6XOOCT0IEG5ABCC6L87</lei><title>Freddie Mac Pool</title><cusip>3133B7F86</cusip><identifiers><isin value="US3133B7F865"/><ticker value="FR"/><other otherDesc="BPSLVR3" value="Sedol"/></identifiers><balance>147495</balance><units>PA</units><curCd>USD</curCd><valUSD>142719</valUSD><pctVal>0.014</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-MBS</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2052-04-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>3.5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Freddie Mac</name><lei>S6XOOCT0IEG5ABCC6L87</lei><title>Freddie Mac Pool</title><cusip>3133BAFN6</cusip><identifiers><isin value="US3133BAFN64"/><ticker value="FR"/><other otherDesc="BPSLVL7" value="Sedol"/></identifiers><balance>123518</balance><units>PA</units><curCd>USD</curCd><valUSD>119511</valUSD><pctVal>0.012</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-MBS</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2052-04-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>3.5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Freddie Mac</name><lei>S6XOOCT0IEG5ABCC6L87</lei><title>Freddie Mac Pool</title><cusip>3133KNAK9</cusip><identifiers><isin value="US3133KNAK90"/><ticker value="FR"/><other otherDesc="BMCWM23" value="Sedol"/></identifiers><balance>3331795</balance><units>PA</units><curCd>USD</curCd><valUSD>3210193</valUSD><pctVal>0.309</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-MBS</assetCat><issuerCat>USGA</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2052-05-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>3.5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Fannie Mae</name><lei>B1V7KEBTPIMZEU4LTD58</lei><title>Fannie Mae Pool</title><cusip>3140MHTA7</cusip><identifiers><isin value="US3140MHTA72"/><ticker value="FN"/><other otherDesc="BN0Z425" value="Sedol"/></identifiers><balance>1440706</balance><units>PA</units><curCd>USD</curCd><valUSD>1345791</valUSD><pctVal>0.13</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-MBS</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2052-03-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>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>Fannie Mae</name><lei>B1V7KEBTPIMZEU4LTD58</lei><title>Fannie Mae Pool</title><cusip>3140MHU56</cusip><identifiers><isin value="US3140MHU566"/><ticker value="FN"/><other otherDesc="BPSLVS4" value="Sedol"/></identifiers><balance>221596</balance><units>PA</units><curCd>USD</curCd><valUSD>214415</valUSD><pctVal>0.021</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-MBS</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2052-04-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>3.5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Fannie Mae</name><lei>B1V7KEBTPIMZEU4LTD58</lei><title>Fannie Mae Pool</title><cusip>3140MJ6R1</cusip><identifiers><isin value="US3140MJ6R14"/><ticker value="FN"/><other otherDesc="BPCJS72" value="Sedol"/></identifiers><balance>1209068</balance><units>PA</units><curCd>USD</curCd><valUSD>1130109</valUSD><pctVal>0.109</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-MBS</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2052-04-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>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>Fannie Mae</name><lei>B1V7KEBTPIMZEU4LTD58</lei><title>Fannie Mae Pool</title><cusip>3140MJ6S9</cusip><identifiers><isin value="US3140MJ6S96"/><ticker value="FN"/><other otherDesc="BP8ZHJ9" value="Sedol"/></identifiers><balance>1066413</balance><units>PA</units><curCd>USD</curCd><valUSD>996088</valUSD><pctVal>0.096</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-MBS</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2052-04-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>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>Fannie Mae</name><lei>B1V7KEBTPIMZEU4LTD58</lei><title>Fannie Mae Pool</title><cusip>3140MJ7F6</cusip><identifiers><isin value="US3140MJ7F66"/><ticker value="FN"/><other otherDesc="BPSLVT5" value="Sedol"/></identifiers><balance>590126</balance><units>PA</units><curCd>USD</curCd><valUSD>570966</valUSD><pctVal>0.055</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-MBS</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2052-04-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>3.5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Fannie Mae</name><lei>B1V7KEBTPIMZEU4LTD58</lei><title>Fannie Mae Pool</title><cusip>3140MJ7G4</cusip><identifiers><isin value="US3140MJ7G40"/><ticker value="FN"/><other otherDesc="BMD00C2" value="Sedol"/></identifiers><balance>1066581</balance><units>PA</units><curCd>USD</curCd><valUSD>1032131</valUSD><pctVal>0.099</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-MBS</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2052-04-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>3.5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Fannie Mae</name><lei>B1V7KEBTPIMZEU4LTD58</lei><title>Fannie Mae Pool</title><cusip>3140MNNA0</cusip><identifiers><isin value="US3140MNNA05"/><ticker value="FN"/><other otherDesc="BPV8BH1" value="Sedol"/></identifiers><balance>170235</balance><units>PA</units><curCd>USD</curCd><valUSD>164708</valUSD><pctVal>0.016</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-MBS</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2052-04-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>3.5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Fannie Mae</name><lei>B1V7KEBTPIMZEU4LTD58</lei><title>Fannie Mae Pool</title><cusip>3140MNNB8</cusip><identifiers><isin value="US3140MNNB87"/><ticker value="FN"/><other otherDesc="BMFL960" value="Sedol"/></identifiers><balance>366042</balance><units>PA</units><curCd>USD</curCd><valUSD>354219</valUSD><pctVal>0.034</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-MBS</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2052-04-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>3.5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Fannie Mae</name><lei>B1V7KEBTPIMZEU4LTD58</lei><title>Fannie Mae Pool</title><cusip>3140QNSU7</cusip><identifiers><isin value="US3140QNSU77"/><ticker value="FN"/><other otherDesc="BPQYCT3" value="Sedol"/></identifiers><balance>6103235</balance><units>PA</units><curCd>USD</curCd><valUSD>5688663</valUSD><pctVal>0.548</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-MBS</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2052-03-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>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>Fannie Mae</name><lei>B1V7KEBTPIMZEU4LTD58</lei><title>Fannie Mae Pool</title><cusip>3140QPHY6</cusip><identifiers><isin value="US3140QPHY66"/><ticker value="FN"/><other otherDesc="BNNKZR9" value="Sedol"/></identifiers><balance>1288868</balance><units>PA</units><curCd>USD</curCd><valUSD>1240371</valUSD><pctVal>0.12</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-MBS</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2052-06-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>3.5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Fannie Mae</name><lei>B1V7KEBTPIMZEU4LTD58</lei><title>Fannie Mae Pool</title><cusip>3140QPKP1</cusip><identifiers><isin value="US3140QPKP13"/><ticker value="FN"/><other otherDesc="BPXZYJ3" value="Sedol"/></identifiers><balance>4150020</balance><units>PA</units><curCd>USD</curCd><valUSD>3994288</valUSD><pctVal>0.385</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-MBS</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2052-06-01</maturityDt><couponKind>Fixed</couponKind><annualizedRt>3.5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Freddie Mac - STACR</name><lei>S6XOOCT0IEG5ABCC6L87</lei><title>Freddie Mac Structured Agency Credit Risk Debt Notes 2019-DNA4 M2</title><cusip>35565AAH3</cusip><identifiers><isin value="US35565AAH32"/><ticker value="STACR"/><other otherDesc="BKKKXY4" value="Sedol"/></identifiers><balance>435193</balance><units>PA</units><curCd>USD</curCd><valUSD>431616</valUSD><pctVal>0.042</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-MBS</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2049-10-25</maturityDt><couponKind>Floating</couponKind><annualizedRt>3.57357</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Great Wolf Trust</name><lei>N/A</lei><title>Great Wolf Trust</title><cusip>39152TAA8</cusip><identifiers><isin value="US39152TAA88"/><ticker value="GWT"/><other otherDesc="BK72LV6" value="Sedol"/></identifiers><balance>5929000</balance><units>PA</units><curCd>USD</curCd><valUSD>5784151</valUSD><pctVal>0.557</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-MBS</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2036-12-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.358</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Lanark Master Issuer plc</name><lei>213800KIOPB5OYXIVY33</lei><title>Lanark Master Issuer PLC</title><cusip>513770BE6</cusip><identifiers><isin value="US513770BE60"/><ticker value="LAN"/><other otherDesc="BKX9W18" value="Sedol"/></identifiers><balance>3829000</balance><units>PA</units><curCd>USD</curCd><valUSD>3808443</valUSD><pctVal>0.367</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-MBS</assetCat><issuerCat>CORP</issuerCat><invCountry>GB</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2069-12-22</maturityDt><couponKind>Variable</couponKind><annualizedRt>2.277</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Upstart Securitization Trust</name><lei>N/A</lei><title>Upstart Securitization Trust 2021-3 A</title><cusip>91679LAA0</cusip><identifiers><isin value="US91679LAA08"/><ticker value="UPST"/><other otherDesc="BN72XP5" value="Sedol"/></identifiers><balance>1565910</balance><units>PA</units><curCd>USD</curCd><valUSD>1519881</valUSD><pctVal>0.146</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-MBS</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2031-07-20</maturityDt><couponKind>Fixed</couponKind><annualizedRt>0.83</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Preston Ridge Partners Mortgag</name><lei>N/A</lei><title>Preston Ridge Partners Mortgage Trust 2022-2 A1</title><cusip>69377AAA5</cusip><identifiers><isin value="US74370A1043"/><ticker value="PRPM"/><other otherDesc="2312769" value="Sedol"/></identifiers><balance>2686710</balance><units>PA</units><curCd>USD</curCd><valUSD>2687124</valUSD><pctVal>0.259</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-CBDO</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2027-03-25</maturityDt><couponKind>Variable</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>VMC Finance LLC</name><lei>N/A</lei><title>VMC Finance LLC 2021-HT1 A</title><cusip>91835TAA4</cusip><identifiers><isin value="US91835TAA43"/><ticker value="VMC"/><other otherDesc="BN4QG40" value="Sedol"/></identifiers><balance>1626295</balance><units>PA</units><curCd>USD</curCd><valUSD>1556578</valUSD><pctVal>0.15</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-CBDO</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2037-01-18</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.586</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>CBAM CLO Management</name><lei>N/A</lei><title>CBAM CLO Management 2019-11RA A2</title><cusip>12510TAB0</cusip><identifiers><isin value="US12510TAB08"/><ticker value="CBAM"/><other otherDesc="BM9K8H7" value="Sedol"/></identifiers><balance>4325000</balance><units>PA</units><curCd>USD</curCd><valUSD>4128892</valUSD><pctVal>0.398</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-CBDO</assetCat><issuerCat>CORP</issuerCat><invCountry>KY</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2035-01-20</maturityDt><couponKind>Floating</couponKind><annualizedRt>1.6249</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>CIFC Funding Ltd</name><lei>54930089HD7KU5NUS092</lei><title>CIFC Funding Ltd 2021-7A B</title><cusip>12567HAE2</cusip><identifiers><isin value="US12567HAE27"/><ticker value="CIFC"/><other otherDesc="BMG9DH2" value="Sedol"/></identifiers><balance>1432000</balance><units>PA</units><curCd>USD</curCd><valUSD>1350327</valUSD><pctVal>0.13</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-CBDO</assetCat><issuerCat>CORP</issuerCat><invCountry>KY</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2035-01-23</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.784</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>CIFC Funding Ltd</name><lei>54930076OPDXR0U68E20</lei><title>CIFC Funding Ltd 2016-1A BRR</title><cusip>17180TBC5</cusip><identifiers><isin value="US17180TBC53"/><ticker value="CIFC"/><other otherDesc="BMYT7N8" value="Sedol"/></identifiers><balance>1278000</balance><units>PA</units><curCd>USD</curCd><valUSD>1216825</valUSD><pctVal>0.117</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-CBDO</assetCat><issuerCat>CORP</issuerCat><invCountry>KY</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2031-10-21</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.79829</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Neuberger Berman CLO Ltd</name><lei>549300RVE5T2OYI2H743</lei><title>Neuberger Berman CLO Ltd 2019-33A BR</title><cusip>64132TAL7</cusip><identifiers><isin value="US64132TAL70"/><ticker value="NEUB"/><other otherDesc="BP9P0F5" value="Sedol"/></identifiers><balance>3800000</balance><units>PA</units><curCd>USD</curCd><valUSD>3611672</valUSD><pctVal>0.348</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-CBDO</assetCat><issuerCat>CORP</issuerCat><invCountry>KY</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2033-10-16</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.64429</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>OCP CLO Ltd</name><lei>254900FZYL5HDKV64882</lei><title>OCP CLO Ltd 2015-10A BR2</title><cusip>67092DAV1</cusip><identifiers><isin value="US67092DAV10"/><ticker value="OCP"/><other otherDesc="BNVSQ61" value="Sedol"/></identifiers><balance>2686000</balance><units>PA</units><curCd>USD</curCd><valUSD>2521144</valUSD><pctVal>0.243</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-CBDO</assetCat><issuerCat>CORP</issuerCat><invCountry>KY</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2034-01-26</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.86371</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Octagon Investment Partners 48</name><lei>N/A</lei><title>Octagon Investment Partners 48 Ltd 2020-3A BR</title><cusip>67577UAL9</cusip><identifiers><isin value="US67577UAL98"/><ticker value="OCT"/><other otherDesc="BPBLVS1" value="Sedol"/></identifiers><balance>527000</balance><units>PA</units><curCd>USD</curCd><valUSD>497101</valUSD><pctVal>0.048</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-CBDO</assetCat><issuerCat>CORP</issuerCat><invCountry>KY</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2034-10-20</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.66271</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Palmer Square Loan Funding Ltd</name><lei>N/A</lei><title>Palmer Square Loan Funding 2020-1A A2</title><cusip>69701EAC0</cusip><identifiers><isin value="US69701EAC03"/><ticker value="PSTAT"/><other otherDesc="BNQNGM7" value="Sedol"/></identifiers><balance>3093334</balance><units>PA</units><curCd>USD</curCd><valUSD>3026957</valUSD><pctVal>0.292</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-CBDO</assetCat><issuerCat>CORP</issuerCat><invCountry>KY</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2028-02-20</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.828</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>ACC Auto Trust</name><lei>N/A</lei><title>ACC Auto Trust 2022-A A</title><cusip>00085YAA1</cusip><identifiers><isin value="US00085YAA10"/><ticker value="AUTOC"/></identifiers><balance>2460311</balance><units>PA</units><curCd>USD</curCd><valUSD>2437723</valUSD><pctVal>0.235</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-07-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.58</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>ACC Trust</name><lei>N/A</lei><title>ACC Trust 2021-1 A</title><cusip>00091KAA3</cusip><identifiers><isin value="US00091KAA34"/><ticker value="ACC"/><other otherDesc="BN6MFC7" value="Sedol"/></identifiers><balance>115847</balance><units>PA</units><curCd>USD</curCd><valUSD>115684</valUSD><pctVal>0.011</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2023-11-20</maturityDt><couponKind>Fixed</couponKind><annualizedRt>0.74</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>ACM Auto Trust</name><lei>N/A</lei><title>ACM Auto Trust 2022-1A A</title><cusip>00091QAA0</cusip><identifiers><isin value="US00091QAA04"/><ticker value="ACMAT"/><other otherDesc="BLNNJY9" value="Sedol"/></identifiers><balance>2882613</balance><units>PA</units><curCd>USD</curCd><valUSD>2861940</valUSD><pctVal>0.276</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2029-04-20</maturityDt><couponKind>Fixed</couponKind><annualizedRt>3.23</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>ACC Auto Trust</name><lei>N/A</lei><title>ACC Auto Trust 2021-A A</title><cusip>00108XAA6</cusip><identifiers><isin value="US00108XAA63"/><ticker value="AUTOC"/><other otherDesc="BN7DRG7" value="Sedol"/></identifiers><balance>606970</balance><units>PA</units><curCd>USD</curCd><valUSD>594524</valUSD><pctVal>0.057</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2027-04-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.08</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Affirm Inc</name><lei>N/A</lei><title>Affirm Asset Securitization Trust 2021-A A</title><cusip>00833MAA2</cusip><identifiers><isin value="US00833MAA27"/><ticker value="AFFRM"/><other otherDesc="BNVX785" value="Sedol"/></identifiers><balance>1370000</balance><units>PA</units><curCd>USD</curCd><valUSD>1352736</valUSD><pctVal>0.13</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-08-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>0.88</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Affirm Inc</name><lei>N/A</lei><title>Affirm Asset Securitization Trust 2021-B A</title><cusip>00834DAA1</cusip><identifiers><isin value="US00834DAA19"/><ticker value="AFFRM"/><other otherDesc="BMVFFF7" value="Sedol"/></identifiers><balance>1402000</balance><units>PA</units><curCd>USD</curCd><valUSD>1330670</valUSD><pctVal>0.128</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-08-17</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.03</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Angel Oak Mortgage Trust</name><lei>N/A</lei><title>Angel Oak Mortgage Trust I LLC 2019-5</title><cusip>03464KAA6</cusip><identifiers><isin value="US03464KAA60"/><ticker value="AOMT"/><other otherDesc="BMWP1Y7" value="Sedol"/></identifiers><balance>222299</balance><units>PA</units><curCd>USD</curCd><valUSD>219034</valUSD><pctVal>0.021</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2049-10-25</maturityDt><couponKind>Variable</couponKind><annualizedRt>2.593</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Angel Oak Mortgage Trust</name><lei>N/A</lei><title>Angel Oak Mortgage Trust I LLC 2019-6</title><cusip>03464VAA2</cusip><identifiers><isin value="US03464VAA26"/><ticker value="AOMT"/><other otherDesc="BMWP244" value="Sedol"/></identifiers><balance>191632</balance><units>PA</units><curCd>USD</curCd><valUSD>187671</valUSD><pctVal>0.018</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2059-11-25</maturityDt><couponKind>Variable</couponKind><annualizedRt>2.62</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Aqua Finance Trust</name><lei>N/A</lei><title>Aqua Finance Trust 2021-A A</title><cusip>03842VAA5</cusip><identifiers><isin value="US03842VAA52"/><ticker value="AQFIT"/><other otherDesc="BM8SN99" value="Sedol"/></identifiers><balance>814459</balance><units>PA</units><curCd>USD</curCd><valUSD>752170</valUSD><pctVal>0.072</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2046-07-17</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.54</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Arivo Acceptance Auto Loan Rec</name><lei>N/A</lei><title>Arivo Acceptance Auto Loan Receivables 2022-1A A</title><cusip>04047EAA4</cusip><identifiers><isin value="US04047EAA47"/><ticker value="ARIVO"/><other otherDesc="BLD5VY9" value="Sedol"/></identifiers><balance>3029719</balance><units>PA</units><curCd>USD</curCd><valUSD>3028116</valUSD><pctVal>0.292</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2028-05-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>3.93</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Atalaya Equipment Leasing Fund</name><lei>N/A</lei><title>Atalaya Equipment Leasing Fund I LP 2021-1A A2</title><cusip>046497AB9</cusip><identifiers><isin value="US046497AB91"/><ticker value="AELF"/><other otherDesc="BMYT7M7" value="Sedol"/></identifiers><balance>1451063</balance><units>PA</units><curCd>USD</curCd><valUSD>1418400</valUSD><pctVal>0.137</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-05-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.23</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Avis Budget Rental Car Funding</name><lei>IHXLB8SL0QWSSG2VG640</lei><title>Avis Budget Rental Car Funding AESOP LLC 2017-2A D</title><cusip>05377REW0</cusip><identifiers><isin value="US05377REW07"/><ticker value="AESOP"/><other otherDesc="BNNJQ84" value="Sedol"/></identifiers><balance>3234000</balance><units>PA</units><curCd>USD</curCd><valUSD>3233996</valUSD><pctVal>0.312</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2024-03-20</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.56</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Barclays Commercial Mortgage S</name><lei>N/A</lei><title>Barclays Commercial Mortgage Securities LLC 2017-DELC</title><cusip>05552EAA8</cusip><identifiers><isin value="US05552EAA82"/><ticker value="BBCMS"/><other otherDesc="BLB8BF1" value="Sedol"/></identifiers><balance>874000</balance><units>PA</units><curCd>USD</curCd><valUSD>856382</valUSD><pctVal>0.083</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2036-08-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.174</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>BPR Trust</name><lei>N/A</lei><title>BPR Trust 2022-OANA A</title><cusip>05592DAA2</cusip><identifiers><isin value="US05592DAA28"/><ticker value="BPR"/><other otherDesc="BNTX1P2" value="Sedol"/></identifiers><balance>3717000</balance><units>PA</units><curCd>USD</curCd><valUSD>3636796</valUSD><pctVal>0.35</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2037-04-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.68</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>BX Trust</name><lei>N/A</lei><title>BX Commercial Mortgage Trust 2021-LBA AV</title><cusip>05609BAV1</cusip><identifiers><isin value="US05609BAV18"/><ticker value="BX"/><other otherDesc="BNC0B49" value="Sedol"/></identifiers><balance>1817000</balance><units>PA</units><curCd>USD</curCd><valUSD>1720202</valUSD><pctVal>0.166</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2036-02-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.125</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>BX Trust</name><lei>N/A</lei><title>BX Commercial Mortgage Trust 2021-LBA AJV</title><cusip>05609BCD9</cusip><identifiers><isin value="US05609BCD91"/><ticker value="BX"/><other otherDesc="BLD14B5" value="Sedol"/></identifiers><balance>1598000</balance><units>PA</units><curCd>USD</curCd><valUSD>1511953</valUSD><pctVal>0.146</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2036-02-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.125</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>BX Trust</name><lei>N/A</lei><title>BX Commercial Mortgage Trust 2021-21M A</title><cusip>05609CAA5</cusip><identifiers><isin value="US05609CAA53"/><ticker value="BX"/><other otherDesc="BNTYXF9" value="Sedol"/></identifiers><balance>2508000</balance><units>PA</units><curCd>USD</curCd><valUSD>2420210</valUSD><pctVal>0.233</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2036-10-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.054</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>BX Trust</name><lei>N/A</lei><title>BX Commercial Mortgage Trust 2021-VOLT F</title><cusip>05609VAQ8</cusip><identifiers><isin value="US05609VAQ86"/><ticker value="BX"/><other otherDesc="BM8V9Z6" value="Sedol"/></identifiers><balance>3235000</balance><units>PA</units><curCd>USD</curCd><valUSD>3016964</valUSD><pctVal>0.291</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2036-09-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>3.72401</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Bayview Opportunity Master Fun</name><lei>N/A</lei><title>Oceanview Mortgage Trust 2021-4 A11</title><cusip>07336GAK0</cusip><identifiers><isin value="US07336GAK04"/><ticker value="BVINV"/><other otherDesc="BMXZDZ1" value="Sedol"/></identifiers><balance>2015932</balance><units>PA</units><curCd>USD</curCd><valUSD>1885573</valUSD><pctVal>0.182</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2051-10-25</maturityDt><couponKind>Floating</couponKind><annualizedRt>1.77566</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Bayview Opportunity Master Fun</name><lei>N/A</lei><title>Oceanview Mortgage Trust 2021-5 AF</title><cusip>07336JAX6</cusip><identifiers><isin value="US07336JAX63"/><ticker value="BVINV"/><other otherDesc="BP4DT46" value="Sedol"/></identifiers><balance>1966410</balance><units>PA</units><curCd>USD</curCd><valUSD>1845107</valUSD><pctVal>0.178</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2051-11-25</maturityDt><couponKind>Floating</couponKind><annualizedRt>1.43446</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Bayview Opportunity Master Fun</name><lei>N/A</lei><title>Oceanview Mortgage Trust 2022-2 A1</title><cusip>07336NAA7</cusip><identifiers><isin value="US07336NAA72"/><ticker value="BVINV"/><other otherDesc="BMTSCD5" value="Sedol"/></identifiers><balance>4042607</balance><units>PA</units><curCd>USD</curCd><valUSD>3587986</valUSD><pctVal>0.346</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2051-12-25</maturityDt><couponKind>Variable</couponKind><annualizedRt>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>CF Hippolyta Issuer LLC</name><lei>N/A</lei><title>CF Hippolyta Issuer LLC 2021-1A A1</title><cusip>12530MAE5</cusip><identifiers><isin value="US12530MAE57"/><ticker value="SORT"/><other otherDesc="BM8H794" value="Sedol"/></identifiers><balance>2221256</balance><units>PA</units><curCd>USD</curCd><valUSD>1951276</valUSD><pctVal>0.188</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2061-03-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.53</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>CF Hippolyta Issuer LLC</name><lei>N/A</lei><title>CF Hippolyta Issuer LLC 2021-1A B1</title><cusip>12530MAG0</cusip><identifiers><isin value="US12530MAG06"/><ticker value="SORT"/><other otherDesc="BMG7Q44" value="Sedol"/></identifiers><balance>815007</balance><units>PA</units><curCd>USD</curCd><valUSD>701141</valUSD><pctVal>0.068</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2061-03-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.98</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>CIM Trust</name><lei>N/A</lei><title>CIM Trust 2021-NR1 A1</title><cusip>12565YAA5</cusip><identifiers><isin value="US12565YAA55"/><ticker value="CIM"/><other otherDesc="BKY8991" value="Sedol"/></identifiers><balance>1455297</balance><units>PA</units><curCd>USD</curCd><valUSD>1384240</valUSD><pctVal>0.133</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2055-07-25</maturityDt><couponKind>Variable</couponKind><annualizedRt>2.569</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Credit Suisse Mortgage Trust</name><lei>N/A</lei><title>Credit Suisse Commercial Mortgage Trust 2019-ICE4</title><cusip>12653VAA4</cusip><identifiers><isin value="US12653VAA44"/><ticker value="CSMC"/><other otherDesc="BKKK560" value="Sedol"/></identifiers><balance>4234000</balance><units>PA</units><curCd>USD</curCd><valUSD>4163970</valUSD><pctVal>0.401</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2036-05-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.304</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Credit Suisse Mortgage Trust</name><lei>N/A</lei><title>Credit Suisse Commercial Mortgage Trust 2019-ICE4 C</title><cusip>12653VAE6</cusip><identifiers><isin value="US12653VAE65"/><ticker value="CSMC"/><other otherDesc="BMTMKN3" value="Sedol"/></identifiers><balance>4106000</balance><units>PA</units><curCd>USD</curCd><valUSD>4006548</valUSD><pctVal>0.386</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2036-05-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.754</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Credit Suisse Mortgage Trust</name><lei>N/A</lei><title>Credit Suisse Commercial Mortgage Trust 2020-UNFI</title><cusip>12656MAA1</cusip><identifiers><isin value="US12656MAA18"/><ticker value="CSMC"/><other otherDesc="BMB5SW5" value="Sedol"/></identifiers><balance>4000000</balance><units>PA</units><curCd>USD</curCd><valUSD>3908704</valUSD><pctVal>0.377</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2022-12-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>4.7882</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Credit Suisse Mortgage Trust</name><lei>N/A</lei><title>Credit Suisse Commercial Mortgage Trust 2021-WEHO A</title><cusip>12657CAA2</cusip><identifiers><isin value="US12657CAA27"/><ticker value="CSMC"/><other otherDesc="BNTG9R9" value="Sedol"/></identifiers><balance>1689832</balance><units>PA</units><curCd>USD</curCd><valUSD>1640258</valUSD><pctVal>0.158</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2023-04-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>5.2943</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>COLEM 2021-HLNE Mortgage Trust</name><lei>N/A</lei><title>COLEM Mortgage Trust 2022-HLNE A</title><cusip>12659JAA5</cusip><identifiers><isin value="US12659JAA51"/><ticker value="COLEM"/><other otherDesc="BPVG9D7" value="Sedol"/></identifiers><balance>4914000</balance><units>PA</units><curCd>USD</curCd><valUSD>4391871</valUSD><pctVal>0.423</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2042-04-12</maturityDt><couponKind>Variable</couponKind><annualizedRt>2.543033</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Carvana Auto Receivables Trust</name><lei>N/A</lei><title>Carvana Auto Receivables Trust 2021-P4 A2</title><cusip>14687KAB2</cusip><identifiers><isin value="US14687KAB26"/><ticker value="CRVNA"/><other otherDesc="BMD23F2" value="Sedol"/></identifiers><balance>1294593</balance><units>PA</units><curCd>USD</curCd><valUSD>1271027</valUSD><pctVal>0.122</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-04-10</maturityDt><couponKind>Fixed</couponKind><annualizedRt>0.82</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Chesapeake Funding II LLC</name><lei>5493000HT7H4OFOD6Z12</lei><title>Chesapeake Funding II LLC  2019-2A</title><cusip>165183CH5</cusip><identifiers><isin value="US165183CH58"/><ticker value="CFII"/><other otherDesc="BK80T04" value="Sedol"/></identifiers><balance>2858000</balance><units>PA</units><curCd>USD</curCd><valUSD>2832777</valUSD><pctVal>0.273</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2031-09-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>2.71</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Cold Storage Trust</name><lei>N/A</lei><title>Cold Storage Trust 2020-ICE5 A</title><cusip>193051AA7</cusip><identifiers><isin value="US193051AA74"/><ticker value="COLD"/><other otherDesc="BM8YV82" value="Sedol"/></identifiers><balance>3282205</balance><units>PA</units><curCd>USD</curCd><valUSD>3190737</valUSD><pctVal>0.307</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2037-11-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.224</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Cold Storage Trust</name><lei>N/A</lei><title>Cold Storage Trust 2020-ICE5 B</title><cusip>193051AJ8</cusip><identifiers><isin value="US193051AJ83"/><ticker value="COLD"/><other otherDesc="BM8XFH6" value="Sedol"/></identifiers><balance>1683863</balance><units>PA</units><curCd>USD</curCd><valUSD>1636952</valUSD><pctVal>0.158</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2037-11-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.624</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Cold Storage Trust</name><lei>N/A</lei><title>Cold Storage Trust 2020-ICE5 C</title><cusip>193051AL3</cusip><identifiers><isin value="US193051AL30"/><ticker value="COLD"/><other otherDesc="BM8XFC1" value="Sedol"/></identifiers><balance>1690744</balance><units>PA</units><curCd>USD</curCd><valUSD>1639545</valUSD><pctVal>0.158</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2037-11-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.974</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Fannie Mae - CAS</name><lei>B1V7KEBTPIMZEU4LTD58</lei><title>Connecticut Avenue Securities Trust 2019-R02</title><cusip>20753KAB8</cusip><identifiers><isin value="US20753KAB89"/><ticker value="CAS"/><other otherDesc="BH3VJ56" value="Sedol"/></identifiers><balance>70156</balance><units>PA</units><curCd>USD</curCd><valUSD>69900</valUSD><pctVal>0.007</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2031-08-25</maturityDt><couponKind>Floating</couponKind><annualizedRt>3.92357</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Fannie Mae - CAS</name><lei>B1V7KEBTPIMZEU4LTD58</lei><title>Connecticut Avenue Securities Trust 2018-R07</title><cusip>20753QAE9</cusip><identifiers><isin value="US20753QAE98"/><ticker value="CAS"/><other otherDesc="BGYBNP6" value="Sedol"/></identifiers><balance>113486</balance><units>PA</units><curCd>USD</curCd><valUSD>113121</valUSD><pctVal>0.011</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2031-04-25</maturityDt><couponKind>Floating</couponKind><annualizedRt>4.02357</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Fannie Mae - CAS</name><lei>B1V7KEBTPIMZEU4LTD58</lei><title>Connecticut Avenue Securities Trust 2022-R03 1M1</title><cusip>20753XAA2</cusip><identifiers><isin value="US20753XAA28"/><ticker value="CAS"/><other otherDesc="BLFJWG8" value="Sedol"/></identifiers><balance>2871830</balance><units>PA</units><curCd>USD</curCd><valUSD>2818125</valUSD><pctVal>0.272</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2042-03-25</maturityDt><couponKind>Floating</couponKind><annualizedRt>3.02566</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Fannie Mae - CAS</name><lei>B1V7KEBTPIMZEU4LTD58</lei><title>Connecticut Avenue Securities Trust 2022-R04 1M1</title><cusip>20753YCH3</cusip><identifiers><isin value="US20753YCH36"/><ticker value="CAS"/><other otherDesc="BN2QT09" value="Sedol"/></identifiers><balance>1270589</balance><units>PA</units><curCd>USD</curCd><valUSD>1245259</valUSD><pctVal>0.12</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2042-03-25</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.92566</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Fannie Mae - CAS</name><lei>B1V7KEBTPIMZEU4LTD58</lei><title>Connecticut Avenue Securities Trust 2021-R03 1M2</title><cusip>20754AAB9</cusip><identifiers><isin value="US20754AAB98"/><ticker value="CAS"/><other otherDesc="BP48L34" value="Sedol"/></identifiers><balance>1248000</balance><units>PA</units><curCd>USD</curCd><valUSD>1108431</valUSD><pctVal>0.107</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2041-12-25</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.57566</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Fannie Mae - CAS</name><lei>B1V7KEBTPIMZEU4LTD58</lei><title>Connecticut Avenue Securities Trust 2022-R05 2M1</title><cusip>20754DAA5</cusip><identifiers><isin value="US20754DAA54"/><ticker value="CAS"/><other otherDesc="BMXX0N2" value="Sedol"/></identifiers><balance>2001122</balance><units>PA</units><curCd>USD</curCd><valUSD>1966940</valUSD><pctVal>0.19</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2042-04-25</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.82566</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Fannie Mae - CAS</name><lei>B1V7KEBTPIMZEU4LTD58</lei><title>Connecticut Avenue Securities Trust 2021-R02 2M2</title><cusip>20754KAB7</cusip><identifiers><isin value="US20754KAB70"/><ticker value="CAS"/><other otherDesc="BMX7YG5" value="Sedol"/></identifiers><balance>3397000</balance><units>PA</units><curCd>USD</curCd><valUSD>3036661</valUSD><pctVal>0.293</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2041-11-25</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.92566</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Fannie Mae - CAS</name><lei>B1V7KEBTPIMZEU4LTD58</lei><title>Connecticut Avenue Securities Trust 2022-R01 1M2</title><cusip>20754LAB5</cusip><identifiers><isin value="US20754LAB53"/><ticker value="CAS"/><other otherDesc="BNDX2X3" value="Sedol"/></identifiers><balance>2611000</balance><units>PA</units><curCd>USD</curCd><valUSD>2348223</valUSD><pctVal>0.226</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2041-12-25</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.82566</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Fannie Mae - CAS</name><lei>B1V7KEBTPIMZEU4LTD58</lei><title>Connecticut Avenue Securities Trust 2022-R01 1B1</title><cusip>20754LAF6</cusip><identifiers><isin value="US20754LAF67"/><ticker value="CAS"/><other otherDesc="BNDX330" value="Sedol"/></identifiers><balance>2315000</balance><units>PA</units><curCd>USD</curCd><valUSD>1853912</valUSD><pctVal>0.179</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2041-12-25</maturityDt><couponKind>Floating</couponKind><annualizedRt>4.07566</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Fannie Mae - CAS</name><lei>B1V7KEBTPIMZEU4LTD58</lei><title>Connecticut Avenue Securities Trust 2022-R06 1M1</title><cusip>20754NAB1</cusip><identifiers><isin value="US20754NAB10"/><ticker value="CAS"/><other otherDesc="BMG3BQ9" value="Sedol"/></identifiers><balance>867583</balance><units>PA</units><curCd>USD</curCd><valUSD>865495</valUSD><pctVal>0.083</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2042-05-25</maturityDt><couponKind>Floating</couponKind><annualizedRt>3.69768</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Conn Funding II, L.P</name><lei>N/A</lei><title>Conn Funding II LP 2021-A A</title><cusip>20825GAA3</cusip><identifiers><isin value="US20825GAA31"/><ticker value="CONN"/><other otherDesc="BN473K8" value="Sedol"/></identifiers><balance>622874</balance><units>PA</units><curCd>USD</curCd><valUSD>611861</valUSD><pctVal>0.059</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-05-15</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>Consumer Loan Underlying Bond</name><lei>N/A</lei><title>Consumer Loan Underlying Bond Credit Trust 2019-P2 C</title><cusip>21054PAD7</cusip><identifiers><isin value="US21054PAD78"/><ticker value="CLUB"/><other otherDesc="BLFKTF9" value="Sedol"/></identifiers><balance>718377</balance><units>PA</units><curCd>USD</curCd><valUSD>715997</valUSD><pctVal>0.069</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-10-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.41</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>DB Master Finance LLC</name><lei>549300F17UZJL70BPB08</lei><title>DB Master Finance LLC 2017-1A A2II</title><cusip>233046AF8</cusip><identifiers><isin value="US233046AF89"/><ticker value="DNKN"/><other otherDesc="BFBM5P9" value="Sedol"/></identifiers><balance>4906230</balance><units>PA</units><curCd>USD</curCd><valUSD>4653615</valUSD><pctVal>0.448</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2047-11-20</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.03</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>DBCCRE Mortgage Trust</name><lei>N/A</lei><title>DBCCRE Mortgage Trust 2014-ARCP E</title><cusip>23305MAL9</cusip><identifiers><isin value="US23305MAL90"/><ticker value="DBCCR"/><other otherDesc="BN6HL91" value="Sedol"/></identifiers><balance>5367000</balance><units>PA</units><curCd>USD</curCd><valUSD>5138473</valUSD><pctVal>0.495</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2034-01-10</maturityDt><couponKind>Variable</couponKind><annualizedRt>5.098983</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Diamond Infrastructure Funding</name><lei>N/A</lei><title>Diamond Infrastructure Funding LLC 2021-1A A</title><cusip>25265LAA8</cusip><identifiers><isin value="US25265LAA89"/><ticker value="DNFRA"/><other otherDesc="BMG0XR5" value="Sedol"/></identifiers><balance>2114000</balance><units>PA</units><curCd>USD</curCd><valUSD>1815424</valUSD><pctVal>0.175</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2049-04-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.76</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Diamond Resorts Owner Trust</name><lei>N/A</lei><title>Diamond Resorts Owner Trust 2021-1A A</title><cusip>25273CAA8</cusip><identifiers><isin value="US25273CAA80"/><ticker value="DROT"/><other otherDesc="BLGXYQ3" value="Sedol"/></identifiers><balance>894158</balance><units>PA</units><curCd>USD</curCd><valUSD>852837</valUSD><pctVal>0.082</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2033-11-21</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.51</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Donlen Fleet Lease Funding</name><lei>549300ZWUQETU54FDP26</lei><title>Donlen Fleet Lease Funding 2021-2 B</title><cusip>257812AE7</cusip><identifiers><isin value="US257812AE73"/><ticker value="DFLF2"/><other otherDesc="BNKJSC5" value="Sedol"/></identifiers><balance>1572000</balance><units>PA</units><curCd>USD</curCd><valUSD>1480066</valUSD><pctVal>0.143</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2034-12-11</maturityDt><couponKind>Fixed</couponKind><annualizedRt>0.98</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Donlen Fleet Lease Funding</name><lei>549300ZWUQETU54FDP26</lei><title>Donlen Fleet Lease Funding 2021-2 C</title><cusip>257812AF4</cusip><identifiers><isin value="US257812AF49"/><ticker value="DFLF2"/><other otherDesc="BNKJSF8" value="Sedol"/></identifiers><balance>1471000</balance><units>PA</units><curCd>USD</curCd><valUSD>1377106</valUSD><pctVal>0.133</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2034-12-11</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.2</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Drive Auto Receivables Trust</name><lei>N/A</lei><title>Drive Auto Receivables Trust 2020-1</title><cusip>26208QAG2</cusip><identifiers><isin value="US26208QAG29"/><ticker value="DRIVE"/><other otherDesc="BKDX771" value="Sedol"/></identifiers><balance>2511000</balance><units>PA</units><curCd>USD</curCd><valUSD>2471828</valUSD><pctVal>0.238</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2027-05-17</maturityDt><couponKind>Fixed</couponKind><annualizedRt>2.7</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>DROP Mortgage Trust 2021-FILE</name><lei>N/A</lei><title>DROP Mortgage Trust 2021-FILE A</title><cusip>26210YAA4</cusip><identifiers><isin value="US26210YAA47"/><ticker value="DROP"/><other otherDesc="BLPKCG1" value="Sedol"/></identifiers><balance>3929000</balance><units>PA</units><curCd>USD</curCd><valUSD>3766202</valUSD><pctVal>0.363</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2043-10-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.47</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Eagle Re Ltd</name><lei>254900SAV74IHXQ8XY35</lei><title>Eagle Re Ltd</title><cusip>26982LAA8</cusip><identifiers><isin value="US26982LAA89"/><ticker value="EMIR"/><other otherDesc="BK4GQZ0" value="Sedol"/></identifiers><balance>4251573</balance><units>PA</units><curCd>USD</curCd><valUSD>4224751</valUSD><pctVal>0.407</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>BM</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2030-01-25</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.52357</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Exeter Automobile Receivables</name><lei>N/A</lei><title>Exeter Automobile Receivables Trust 2021-1A D</title><cusip>30166RAF4</cusip><identifiers><isin value="US30166RAF47"/><ticker value="EART"/><other otherDesc="BLB15W5" value="Sedol"/></identifiers><balance>1081000</balance><units>PA</units><curCd>USD</curCd><valUSD>1017206</valUSD><pctVal>0.098</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-11-16</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.08</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Exeter Automobile Receivables</name><lei>549300KR7NUJOX0UJ040</lei><title>Exeter Automobile Receivables Trust 2019-1</title><cusip>30167DAE7</cusip><identifiers><isin value="US30167DAE76"/><ticker value="EART"/><other otherDesc="BHQYD49" value="Sedol"/></identifiers><balance>2895000</balance><units>PA</units><curCd>USD</curCd><valUSD>2897806</valUSD><pctVal>0.279</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-01-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>5.2</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Exeter Automobile Receivables</name><lei>N/A</lei><title>Exeter Automobile Receivables Trust 2020-1A C</title><cusip>30167HAE8</cusip><identifiers><isin value="US30167HAE80"/><ticker value="EART"/><other otherDesc="BKDX793" value="Sedol"/></identifiers><balance>862066</balance><units>PA</units><curCd>USD</curCd><valUSD>861429</valUSD><pctVal>0.083</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-01-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>2.49</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Exeter Automobile Receivables</name><lei>N/A</lei><title>Exeter Automobile Receivables Trust 2020-2A E</title><cusip>30167YAJ0</cusip><identifiers><isin value="US30167YAJ01"/><ticker value="EART"/><other otherDesc="BM9JN57" value="Sedol"/></identifiers><balance>2687000</balance><units>PA</units><curCd>USD</curCd><valUSD>2732285</valUSD><pctVal>0.263</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2027-09-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>7.19</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Extended Stay America Trust</name><lei>549300IESZBC3BJUJW64</lei><title>Extended Stay America Trust 2021-ESH A</title><cusip>30227FAA8</cusip><identifiers><isin value="US30227FAA84"/><ticker value="ESA"/><other otherDesc="BP7L958" value="Sedol"/></identifiers><balance>1116131</balance><units>PA</units><curCd>USD</curCd><valUSD>1089920</valUSD><pctVal>0.105</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2038-07-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.405</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Extended Stay America Trust</name><lei>549300IESZBC3BJUJW64</lei><title>Extended Stay America Trust 2021-ESH B</title><cusip>30227FAE0</cusip><identifiers><isin value="US30227FAE07"/><ticker value="ESA"/><other otherDesc="BP7L8V7" value="Sedol"/></identifiers><balance>717584</balance><units>PA</units><curCd>USD</curCd><valUSD>694597</valUSD><pctVal>0.067</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2038-07-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.705</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Extended Stay America Trust</name><lei>549300IESZBC3BJUJW64</lei><title>Extended Stay America Trust 2021-ESH E</title><cusip>30227FAL4</cusip><identifiers><isin value="US30227FAL40"/><ticker value="ESA"/><other otherDesc="BP7L8R3" value="Sedol"/></identifiers><balance>3366282</balance><units>PA</units><curCd>USD</curCd><valUSD>3231475</valUSD><pctVal>0.311</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2038-07-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>4.175</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>FREED ABS Trust</name><lei>N/A</lei><title>FREED ABS Trust 2019-2 C</title><cusip>30312JAC2</cusip><identifiers><isin value="US30312JAC27"/><ticker value="FREED"/><other otherDesc="BLFKTH1" value="Sedol"/></identifiers><balance>641807</balance><units>PA</units><curCd>USD</curCd><valUSD>641937</valUSD><pctVal>0.062</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-11-18</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.86</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Freedom Financial</name><lei>N/A</lei><title>FREED ABS Trust 2021-3FP B</title><cusip>30322MAB5</cusip><identifiers><isin value="US30322MAB54"/><ticker value="FREED"/><other otherDesc="BNYJVN3" value="Sedol"/></identifiers><balance>4226000</balance><units>PA</units><curCd>USD</curCd><valUSD>4144251</valUSD><pctVal>0.399</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2028-11-20</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.01</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Fannie Mae - CAS</name><lei>B1V7KEBTPIMZEU4LTD58</lei><title>Connecticut Avenue Securities Trust 2015-C01 1M2</title><cusip>30711XAT1</cusip><identifiers><isin value="US30711XAT19"/><ticker value="CAS"/><other otherDesc="BVZCM34" value="Sedol"/></identifiers><balance>642256</balance><units>PA</units><curCd>USD</curCd><valUSD>642483</valUSD><pctVal>0.062</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-02-25</maturityDt><couponKind>Floating</couponKind><annualizedRt>5.92357</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Fannie Mae - CAS</name><lei>B1V7KEBTPIMZEU4LTD58</lei><title>Fannie Mae Connecticut Avenue Securities</title><cusip>30711XBB9</cusip><identifiers><isin value="US30711XBB91"/><ticker value="CAS"/><other otherDesc="BYT3803" value="Sedol"/></identifiers><balance>227079</balance><units>PA</units><curCd>USD</curCd><valUSD>228701</valUSD><pctVal>0.022</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-07-25</maturityDt><couponKind>Floating</couponKind><annualizedRt>6.62357</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Fannie Mae - CAS</name><lei>B1V7KEBTPIMZEU4LTD58</lei><title>Fannie Mae Connecticut Avenue Securities</title><cusip>30711XBF0</cusip><identifiers><isin value="US30711XBF06"/><ticker value="CAS"/><other otherDesc="BZ16C83" value="Sedol"/></identifiers><balance>489264</balance><units>PA</units><curCd>USD</curCd><valUSD>516861</valUSD><pctVal>0.05</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2028-04-25</maturityDt><couponKind>Floating</couponKind><annualizedRt>7.32357</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Fannie Mae - CAS</name><lei>B1V7KEBTPIMZEU4LTD58</lei><title>Connecticut Avenue Securities Trust 2017-C01</title><cusip>30711XEP5</cusip><identifiers><isin value="US30711XEP50"/><ticker value="CAS"/><other otherDesc="BDVK645" value="Sedol"/></identifiers><balance>943967</balance><units>PA</units><curCd>USD</curCd><valUSD>968540</valUSD><pctVal>0.093</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2029-07-25</maturityDt><couponKind>Floating</couponKind><annualizedRt>5.17357</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Fannie Mae - CAS</name><lei>B1V7KEBTPIMZEU4LTD58</lei><title>Connecticut Avenue Securities Trust 2017-C05 1M2</title><cusip>30711XNX8</cusip><identifiers><isin value="US30711XNX83"/><ticker value="CAS"/><other otherDesc="BF0CDV2" value="Sedol"/></identifiers><balance>1145281</balance><units>PA</units><curCd>USD</curCd><valUSD>1149869</valUSD><pctVal>0.111</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2030-01-25</maturityDt><couponKind>Floating</couponKind><annualizedRt>3.82357</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Fannie Mae - CAS</name><lei>B1V7KEBTPIMZEU4LTD58</lei><title>Connecticut Avenue Securities Trust 2017-C07 1M2</title><cusip>30711XUX0</cusip><identifiers><isin value="US30711XUX01"/><ticker value="CAS"/><other otherDesc="BKWHKQ4" value="Sedol"/></identifiers><balance>3657285</balance><units>PA</units><curCd>USD</curCd><valUSD>3686876</valUSD><pctVal>0.355</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2030-05-25</maturityDt><couponKind>Floating</couponKind><annualizedRt>4.02357</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>First Investors Auto Owner Tru</name><lei>N/A</lei><title>First Investors Auto Owner Trust 2022-1A A</title><cusip>32057KAA8</cusip><identifiers><isin value="US32057KAA88"/><ticker value="FIAOT"/><other otherDesc="BMCTF03" value="Sedol"/></identifiers><balance>3947814</balance><units>PA</units><curCd>USD</curCd><valUSD>3860050</valUSD><pctVal>0.372</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2027-01-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>2.03</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Flagstar Mortgage Trust</name><lei>N/A</lei><title>Flagstar Mortgage Trust 2021-13IN A2</title><cusip>33853HAB7</cusip><identifiers><isin value="US33853HAB78"/><ticker value="FSMT"/><other otherDesc="BN7DX36" value="Sedol"/></identifiers><balance>5732973</balance><units>PA</units><curCd>USD</curCd><valUSD>5111996</valUSD><pctVal>0.493</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2051-12-30</maturityDt><couponKind>Variable</couponKind><annualizedRt>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>Foursight Capital Automobile R</name><lei>N/A</lei><title>Foursight Capital Auto Receivables Trust 2021-1 B</title><cusip>35105WAG4</cusip><identifiers><isin value="US35105WAG42"/><ticker value="FCRT"/><other otherDesc="BMFDGM1" value="Sedol"/></identifiers><balance>2960000</balance><units>PA</units><curCd>USD</curCd><valUSD>2910510</valUSD><pctVal>0.28</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-01-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>0.87</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Freddie Mac - STACR</name><lei>N/A</lei><title>Freddie Mac Structured Agency Credit Risk Debt Notes 2021-HQA1 M2</title><cusip>35564KBS7</cusip><identifiers><isin value="US35564KBS78"/><ticker value="STACR"/><other otherDesc="BNNDVT2" value="Sedol"/></identifiers><balance>907000</balance><units>PA</units><curCd>USD</curCd><valUSD>840561</valUSD><pctVal>0.081</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2033-08-25</maturityDt><couponKind>Floating</couponKind><annualizedRt>3.17566</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Freddie Mac - STACR</name><lei>S6XOOCT0IEG5ABCC6L87</lei><title>Freddie Mac Structured Agency Credit Risk Debt Notes 2021-DNA2 M2</title><cusip>35564KDB2</cusip><identifiers><isin value="US35564KDB26"/><ticker value="STACR"/><other otherDesc="BKQN5K7" value="Sedol"/></identifiers><balance>844000</balance><units>PA</units><curCd>USD</curCd><valUSD>797750</valUSD><pctVal>0.077</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2033-08-25</maturityDt><couponKind>Floating</couponKind><annualizedRt>3.22566</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Freddie Mac - STACR</name><lei>N/A</lei><title>Freddie Mac Structured Agency Credit Risk Debt Notes 2021-HQA2 M2</title><cusip>35564KFV6</cusip><identifiers><isin value="US35564KFV61"/><ticker value="STACR"/><other otherDesc="BMV1YX6" value="Sedol"/></identifiers><balance>3482000</balance><units>PA</units><curCd>USD</curCd><valUSD>3109930</valUSD><pctVal>0.3</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2033-12-25</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.97566</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Freddie Mac - STACR</name><lei>S6XOOCT0IEG5ABCC6L87</lei><title>Freddie Mac Structured Agency Credit Risk Debt Notes 2022-HQA1 M1A</title><cusip>35564KTA7</cusip><identifiers><isin value="US35564KTA78"/><ticker value="STACR"/><other otherDesc="BPSK6C0" value="Sedol"/></identifiers><balance>1347937</balance><units>PA</units><curCd>USD</curCd><valUSD>1335958</valUSD><pctVal>0.129</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2042-03-25</maturityDt><couponKind>Floating</couponKind><annualizedRt>3.02566</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Freddie Mac - STACR</name><lei>S6XOOCT0IEG5ABCC6L87</lei><title>Freddie Mac Structured Agency Credit Risk Debt Notes 2022-DNA5 M1A</title><cusip>35564KYN3</cusip><identifiers><isin value="US35564KYN35"/><ticker value="STACR"/><other otherDesc="BMF7HL9" value="Sedol"/></identifiers><balance>1822000</balance><units>PA</units><curCd>USD</curCd><valUSD>1823114</valUSD><pctVal>0.176</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2042-06-25</maturityDt><couponKind>Floating</couponKind><annualizedRt>3.72924</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Freddie Mac - STACR</name><lei>S6XOOCT0IEG5ABCC6L87</lei><title>Freddie Mac Structured Agency Credit Risk Debt Notes 2020-HQA2 M2</title><cusip>35565LAH9</cusip><identifiers><isin value="US35565LAH96"/><ticker value="STACR"/><other otherDesc="BMQBJ70" value="Sedol"/></identifiers><balance>2855488</balance><units>PA</units><curCd>USD</curCd><valUSD>2805579</valUSD><pctVal>0.27</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2050-03-25</maturityDt><couponKind>Floating</couponKind><annualizedRt>4.72357</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Freddie Mac - STACR</name><lei>S6XOOCT0IEG5ABCC6L87</lei><title>Freddie Mac Structured Agency Credit Risk Debt Notes 2020-HQA5 M2</title><cusip>35565TAH2</cusip><identifiers><isin value="US35565TAH23"/><ticker value="STACR"/><other otherDesc="BNDQ306" value="Sedol"/></identifiers><balance>1941688</balance><units>PA</units><curCd>USD</curCd><valUSD>1925929</valUSD><pctVal>0.186</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2050-11-25</maturityDt><couponKind>Floating</couponKind><annualizedRt>3.52566</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Freddie Mac - STACR</name><lei>N/A</lei><title>Freddie Mac Structured Agency Credit Risk Debt Notes 2020-DNA6 M1</title><cusip>35566CAA3</cusip><identifiers><isin value="US35566CAA36"/><ticker value="STACR"/><other otherDesc="BLDCM69" value="Sedol"/></identifiers><balance>2980</balance><units>PA</units><curCd>USD</curCd><valUSD>2980</valUSD><pctVal>0</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2050-12-25</maturityDt><couponKind>Floating</couponKind><annualizedRt>1.82566</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Freddie Mac - STACR</name><lei>N/A</lei><title>Freddie Mac Structured Agency Credit Risk Debt Notes 2020-DNA6 M2</title><cusip>35566CAH8</cusip><identifiers><isin value="US35566CAH88"/><ticker value="STACR"/><other otherDesc="BLDCMD6" value="Sedol"/></identifiers><balance>1707000</balance><units>PA</units><curCd>USD</curCd><valUSD>1679689</valUSD><pctVal>0.162</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>USGSE</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2050-12-25</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.92566</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Freedom Financial</name><lei>N/A</lei><title>FREED ABS Trust 2022-2CP B</title><cusip>35633LAB0</cusip><identifiers><isin value="US35633LAB09"/><ticker value="FREED"/><other otherDesc="BP8ZHD3" value="Sedol"/></identifiers><balance>6317000</balance><units>PA</units><curCd>USD</curCd><valUSD>6235841</valUSD><pctVal>0.601</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2029-05-18</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.49</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>GCAT</name><lei>N/A</lei><title>GCAT 2022-INV1 A1</title><cusip>36168YAA5</cusip><identifiers><isin value="US36168YAA55"/><ticker value="GCAT"/><other otherDesc="BPRB7H6" value="Sedol"/></identifiers><balance>5041934</balance><units>PA</units><curCd>USD</curCd><valUSD>4474940</valUSD><pctVal>0.431</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2051-12-25</maturityDt><couponKind>Variable</couponKind><annualizedRt>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>GLS Auto Receivables Trust</name><lei>N/A</lei><title>GLS Auto Receivables Issuer Trust 2020-4A B</title><cusip>36261EAB3</cusip><identifiers><isin value="US36261EAB39"/><ticker value="GCAR"/><other otherDesc="BMGS2Q1" value="Sedol"/></identifiers><balance>1462788</balance><units>PA</units><curCd>USD</curCd><valUSD>1457281</valUSD><pctVal>0.14</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2024-12-16</maturityDt><couponKind>Fixed</couponKind><annualizedRt>0.87</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>HPEFS Equipment Trust</name><lei>N/A</lei><title>Hewlett-Packard Financial Services Company Trust 2020-1A C</title><cusip>40438FAE4</cusip><identifiers><isin value="US40438FAE43"/><ticker value="HPEFS"/><other otherDesc="BL6W5Z6" value="Sedol"/></identifiers><balance>800000</balance><units>PA</units><curCd>USD</curCd><valUSD>794401</valUSD><pctVal>0.077</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2030-02-20</maturityDt><couponKind>Fixed</couponKind><annualizedRt>2.03</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>HPEFS Equipment Trust</name><lei>N/A</lei><title>Hewlett-Packard Financial Services Company Trust 2020-1A D</title><cusip>40438FAF1</cusip><identifiers><isin value="US40438FAF18"/><ticker value="HPEFS"/><other otherDesc="BL6W5W3" value="Sedol"/></identifiers><balance>800000</balance><units>PA</units><curCd>USD</curCd><valUSD>790281</valUSD><pctVal>0.076</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2030-02-20</maturityDt><couponKind>Fixed</couponKind><annualizedRt>2.26</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Hilton Grand Vacations Trust</name><lei>N/A</lei><title>Hilton Grand Vacations Trust 2020-AA</title><cusip>43285HAA6</cusip><identifiers><isin value="US43285HAA68"/><ticker value="HGVT"/><other otherDesc="BM9GGN7" value="Sedol"/></identifiers><balance>2224410</balance><units>PA</units><curCd>USD</curCd><valUSD>2140455</valUSD><pctVal>0.206</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2039-02-25</maturityDt><couponKind>Fixed</couponKind><annualizedRt>2.74</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>NRZ Excess Spread Collateraliz</name><lei>N/A</lei><title>NRZ Excess Spread Collateralized Notes 2020-PLS1 A</title><cusip>433674AA6</cusip><identifiers><isin value="US433674AA63"/><ticker value="NZES"/><other otherDesc="BLDCM58" value="Sedol"/></identifiers><balance>471200</balance><units>PA</units><curCd>USD</curCd><valUSD>443592</valUSD><pctVal>0.043</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-12-25</maturityDt><couponKind>Fixed</couponKind><annualizedRt>3.844</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>JPMorgan Chase Bank, NA - CACL</name><lei>7H6GLXDRUGQFU57RNE97</lei><title>Chase Auto Credit Linked Notes 2020-1 B</title><cusip>46591HAN0</cusip><identifiers><isin value="US46591HAN08"/><ticker value="CACLN"/><other otherDesc="BL989K4" value="Sedol"/></identifiers><balance>1421750</balance><units>PA</units><curCd>USD</curCd><valUSD>1404708</valUSD><pctVal>0.135</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2028-01-25</maturityDt><couponKind>Fixed</couponKind><annualizedRt>0.991</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>JPMorgan Chase Bank, NA - CACL</name><lei>7H6GLXDRUGQFU57RNE97</lei><title>Chase Auto Credit Linked Notes 2020-2 B</title><cusip>46591HAU4</cusip><identifiers><isin value="US46591HAU41"/><ticker value="CACLN"/><other otherDesc="BNKJS36" value="Sedol"/></identifiers><balance>769125</balance><units>PA</units><curCd>USD</curCd><valUSD>757090</valUSD><pctVal>0.073</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2028-02-25</maturityDt><couponKind>Fixed</couponKind><annualizedRt>0.84</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>JPMorgan Chase Bank, NA - CACL</name><lei>7H6GLXDRUGQFU57RNE97</lei><title>Chase Auto Credit Linked Notes 2021-1 B</title><cusip>46591HBR0</cusip><identifiers><isin value="US46591HBR03"/><ticker value="CACLN"/><other otherDesc="BLF87B5" value="Sedol"/></identifiers><balance>1541953</balance><units>PA</units><curCd>USD</curCd><valUSD>1507610</valUSD><pctVal>0.145</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2028-09-25</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>JP Morgan Mortgage Trust</name><lei>N/A</lei><title>JP Morgan Mortgage Trust 2019-LTV2</title><cusip>46651AAQ5</cusip><identifiers><isin value="US46651AAQ58"/><ticker value="JPMMT"/><other otherDesc="BLB4171" value="Sedol"/></identifiers><balance>78465</balance><units>PA</units><curCd>USD</curCd><valUSD>77896</valUSD><pctVal>0.008</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2049-12-25</maturityDt><couponKind>Variable</couponKind><annualizedRt>3.5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>JPMorgan Chase Bank, NA - CACL</name><lei>7H6GLXDRUGQFU57RNE97</lei><title>Chase Auto Credit Linked Notes 2021-2 B</title><cusip>48128U2M0</cusip><identifiers><isin value="US48128U2M04"/><ticker value="CACLN"/><other otherDesc="BNT8VJ1" value="Sedol"/></identifiers><balance>1190663</balance><units>PA</units><curCd>USD</curCd><valUSD>1157856</valUSD><pctVal>0.112</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2028-12-26</maturityDt><couponKind>Fixed</couponKind><annualizedRt>0.889</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>KNDL Mortgage Trust</name><lei>N/A</lei><title>KNDL Mortgage Trust 2019-KNSQ A</title><cusip>482598AA7</cusip><identifiers><isin value="US482598AA71"/><ticker value="KNDL"/><other otherDesc="BMGYLP1" value="Sedol"/></identifiers><balance>3838000</balance><units>PA</units><curCd>USD</curCd><valUSD>3790742</valUSD><pctVal>0.365</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2036-05-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.124</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>LAD Auto Receivables Trust</name><lei>N/A</lei><title>LAD Auto Receivables Trust 2021-1A A</title><cusip>501683AA4</cusip><identifiers><isin value="US501683AA41"/><ticker value="LADAR"/><other otherDesc="BN7Q6H0" value="Sedol"/></identifiers><balance>1074378</balance><units>PA</units><curCd>USD</curCd><valUSD>1046451</valUSD><pctVal>0.101</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-08-17</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.3</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>LendingPoint Asset Securitizat</name><lei>N/A</lei><title>LendingPoint Asset Securitization Trust 2022-A A</title><cusip>52605AAA5</cusip><identifiers><isin value="US52605AAA51"/><ticker value="LDPT"/><other otherDesc="BP46T01" value="Sedol"/></identifiers><balance>3141007</balance><units>PA</units><curCd>USD</curCd><valUSD>3081769</valUSD><pctVal>0.297</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2029-06-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.68</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Lendbuzz Securitization Trust</name><lei>N/A</lei><title>Lendbuzz Securitization Trust 2021-1A A</title><cusip>52607BAA1</cusip><identifiers><isin value="US52607BAA17"/><ticker value="LBZZ"/><other otherDesc="BP4DRX1" value="Sedol"/></identifiers><balance>1469240</balance><units>PA</units><curCd>USD</curCd><valUSD>1414621</valUSD><pctVal>0.136</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-06-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.46</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>LendingPoint Asset Securitizat</name><lei>N/A</lei><title>LendingPoint Asset Securitization Trust 2021-A A</title><cusip>52607FAA2</cusip><identifiers><isin value="US52607FAA21"/><ticker value="LDPT"/><other otherDesc="BNZKG29" value="Sedol"/></identifiers><balance>1242317</balance><units>PA</units><curCd>USD</curCd><valUSD>1233856</valUSD><pctVal>0.119</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2028-12-15</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>LendingPoint Asset Securitizat</name><lei>N/A</lei><title>LendingPoint Asset Securitization Trust 2021-B A</title><cusip>52607HAA8</cusip><identifiers><isin value="US52607HAA86"/><ticker value="LDPT"/><other otherDesc="BM8SWR0" value="Sedol"/></identifiers><balance>1637595</balance><units>PA</units><curCd>USD</curCd><valUSD>1605700</valUSD><pctVal>0.155</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2029-02-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.11</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Lendbuzz Securitization Trust</name><lei>N/A</lei><title>Lendbuzz Securitization Trust 2021-1A A</title><cusip>52607KAA1</cusip><identifiers><isin value="US52607KAA16"/><ticker value="LBZZ"/><other otherDesc="BL54GR2" value="Sedol"/></identifiers><balance>3112148</balance><units>PA</units><curCd>USD</curCd><valUSD>3056749</valUSD><pctVal>0.295</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2027-05-17</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.22</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Oasis Securitisation</name><lei>N/A</lei><title>Oasis Securitization 2022-1A A</title><cusip>53161NAA1</cusip><identifiers><isin value="US53161NAA19"/><ticker value="OASIS"/><other otherDesc="BPQDWS9" value="Sedol"/></identifiers><balance>2552893</balance><units>PA</units><curCd>USD</curCd><valUSD>2526444</valUSD><pctVal>0.243</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2034-05-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.75</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Life Financial Services Trust</name><lei>N/A</lei><title>Life Financial Services Trust 2021-BMR A</title><cusip>53218CAA8</cusip><identifiers><isin value="US53218CAA80"/><ticker value="LIFE"/><other otherDesc="BMFPF08" value="Sedol"/></identifiers><balance>4147151</balance><units>PA</units><curCd>USD</curCd><valUSD>4009541</valUSD><pctVal>0.386</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2038-03-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.024</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Life Financial Services Trust</name><lei>N/A</lei><title>Life Financial Services Trust 2021-BMR C</title><cusip>53218CAE0</cusip><identifiers><isin value="US53218CAE03"/><ticker value="LIFE"/><other otherDesc="BMFPG50" value="Sedol"/></identifiers><balance>1980685</balance><units>PA</units><curCd>USD</curCd><valUSD>1880977</valUSD><pctVal>0.181</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2038-03-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.424</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Life Financial Services Trust</name><lei>N/A</lei><title>Life Financial Services Trust 2022-BMR2 A1</title><cusip>53218DAA6</cusip><identifiers><isin value="US53218DAA63"/><ticker value="LIFE"/><other otherDesc="BMZ57Z7" value="Sedol"/></identifiers><balance>3177000</balance><units>PA</units><curCd>USD</curCd><valUSD>3093809</valUSD><pctVal>0.298</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2039-05-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.57389</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Life Financial Services Trust</name><lei>N/A</lei><title>Life Financial Services Trust 2022-BMR2 B</title><cusip>53218DAE8</cusip><identifiers><isin value="US53218DAE85"/><ticker value="LIFE"/><other otherDesc="BMZ5940" value="Sedol"/></identifiers><balance>1059000</balance><units>PA</units><curCd>USD</curCd><valUSD>1027498</valUSD><pctVal>0.099</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2039-05-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>3.07256</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>LUXE Commercial Mortgage Trust</name><lei>N/A</lei><title>LUXE Commercial Mortgage Trust 2021-TRIP A</title><cusip>55066WAA2</cusip><identifiers><isin value="US55066WAA27"/><ticker value="LUXE"/><other otherDesc="BM9MG91" value="Sedol"/></identifiers><balance>653000</balance><units>PA</units><curCd>USD</curCd><valUSD>626541</valUSD><pctVal>0.06</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2038-10-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.374</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>MHC Commercial Mortgage Trust</name><lei>N/A</lei><title>MHC Commercial Mortgage Trust 2021-MHC A</title><cusip>55316VAA2</cusip><identifiers><isin value="US55316VAA26"/><ticker value="MHC"/><other otherDesc="BNKF8Y5" value="Sedol"/></identifiers><balance>3727956</balance><units>PA</units><curCd>USD</curCd><valUSD>3605018</valUSD><pctVal>0.347</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2038-04-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.124962</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>MHC Commercial Mortgage Trust</name><lei>N/A</lei><title>MHC Commercial Mortgage Trust 2021-MHC C</title><cusip>55316VAE4</cusip><identifiers><isin value="US55316VAE48"/><ticker value="MHC"/><other otherDesc="BNKF942" value="Sedol"/></identifiers><balance>1797068</balance><units>PA</units><curCd>USD</curCd><valUSD>1703431</valUSD><pctVal>0.164</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2038-04-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.674962</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Marlette Funding Trust</name><lei>549300J7CH2COR8VWE03</lei><title>Marlette Funding Trust 2021-3A A</title><cusip>57108QAA1</cusip><identifiers><isin value="US57108QAA13"/><ticker value="MFT"/><other otherDesc="BMG9DW7" value="Sedol"/></identifiers><balance>2260848</balance><units>PA</units><curCd>USD</curCd><valUSD>2213622</valUSD><pctVal>0.213</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2031-12-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>0.65</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>MED Trust</name><lei>N/A</lei><title>MED Trust 2021-MDLN C</title><cusip>58403YAN6</cusip><identifiers><isin value="US58403YAN67"/><ticker value="MED"/><other otherDesc="BPCJNM2" value="Sedol"/></identifiers><balance>587000</balance><units>PA</units><curCd>USD</curCd><valUSD>557980</valUSD><pctVal>0.054</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2038-11-15</maturityDt><couponKind>Floating</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>MED Trust</name><lei>N/A</lei><title>MED Trust 2021-MDLN D</title><cusip>58403YAR7</cusip><identifiers><isin value="US58403YAR71"/><ticker value="MED"/><other otherDesc="BPCJNK0" value="Sedol"/></identifiers><balance>596000</balance><units>PA</units><curCd>USD</curCd><valUSD>565265</valUSD><pctVal>0.054</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2038-11-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>3.325</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>MED Trust</name><lei>N/A</lei><title>MED Trust 2021-MDLN E</title><cusip>58403YAU0</cusip><identifiers><isin value="US58403YAU01"/><ticker value="MED"/><other otherDesc="BPCJNN3" value="Sedol"/></identifiers><balance>2647000</balance><units>PA</units><curCd>USD</curCd><valUSD>2488125</valUSD><pctVal>0.24</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2038-11-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>4.475</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>MED Trust</name><lei>N/A</lei><title>MED Trust 2021-MDLN F</title><cusip>58403YAX4</cusip><identifiers><isin value="US58403YAX40"/><ticker value="MED"/><other otherDesc="BPCJNP5" value="Sedol"/></identifiers><balance>1665000</balance><units>PA</units><curCd>USD</curCd><valUSD>1557601</valUSD><pctVal>0.15</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2038-11-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>5.325</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Mello Mortgage Capital Accepta</name><lei>N/A</lei><title>Mello Mortgage Capital Acceptance Trust 2022-INV1 A2</title><cusip>585490AC9</cusip><identifiers><isin value="US585490AC94"/><ticker value="MELLO"/><other otherDesc="BN95V81" value="Sedol"/></identifiers><balance>3445101</balance><units>PA</units><curCd>USD</curCd><valUSD>3051474</valUSD><pctVal>0.294</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2052-03-25</maturityDt><couponKind>Variable</couponKind><annualizedRt>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>Mello Mortgage Capital Accepta</name><lei>N/A</lei><title>Mello Mortgage Capital Acceptance Trust 2021-INV3 A11</title><cusip>585491BC6</cusip><identifiers><isin value="US585491BC68"/><ticker value="MELLO"/><other otherDesc="BMXZF66" value="Sedol"/></identifiers><balance>1821745</balance><units>PA</units><curCd>USD</curCd><valUSD>1723915</valUSD><pctVal>0.166</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2051-10-25</maturityDt><couponKind>Floating</couponKind><annualizedRt>1.87566</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Mello Mortgage Capital Accepta</name><lei>N/A</lei><title>Mello Mortgage Capital Acceptance Trust 2021-INV4 A3</title><cusip>58550NAC5</cusip><identifiers><isin value="US58550NAC56"/><ticker value="MELLO"/><other otherDesc="BN93KC2" value="Sedol"/></identifiers><balance>1905112</balance><units>PA</units><curCd>USD</curCd><valUSD>1620564</valUSD><pctVal>0.156</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2051-12-25</maturityDt><couponKind>Variable</couponKind><annualizedRt>2.5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Mercury Financial Credit Card</name><lei>N/A</lei><title>Mercury Financial Credit Card Master Trust 2021-1A A</title><cusip>58940BAA4</cusip><identifiers><isin value="US58940BAA44"/><ticker value="MFCC"/><other otherDesc="BLGY206" value="Sedol"/></identifiers><balance>1890000</balance><units>PA</units><curCd>USD</curCd><valUSD>1801943</valUSD><pctVal>0.174</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-03-20</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.54</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>NMEF Funding LLC</name><lei>N/A</lei><title>NMEF Funding LLC 2022-A A2</title><cusip>62920KAB8</cusip><identifiers><isin value="US62920KAB89"/><ticker value="NMEF"/><other otherDesc="BMCTDT8" value="Sedol"/></identifiers><balance>3531000</balance><units>PA</units><curCd>USD</curCd><valUSD>3438846</valUSD><pctVal>0.331</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2028-10-16</maturityDt><couponKind>Fixed</couponKind><annualizedRt>2.58</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>NRZ Excess Spread Collateraliz</name><lei>N/A</lei><title>NRZ Excess Spread Collateralized Notes 2021-FHT1 A</title><cusip>62955MAB2</cusip><identifiers><isin value="US62955MAB28"/><ticker value="NZES"/><other otherDesc="BP0TR33" value="Sedol"/></identifiers><balance>1349645</balance><units>PA</units><curCd>USD</curCd><valUSD>1222158</valUSD><pctVal>0.118</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-07-25</maturityDt><couponKind>Fixed</couponKind><annualizedRt>3.104</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Onslow Bay Financial LLC</name><lei>N/A</lei><title>Onslow Bay Financial LLC 2022-INV1 A1</title><cusip>67115NAA8</cusip><identifiers><isin value="US67115NAA81"/><ticker value="OBX"/><other otherDesc="BPVC0G5" value="Sedol"/></identifiers><balance>4073688</balance><units>PA</units><curCd>USD</curCd><valUSD>3604269</valUSD><pctVal>0.347</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2051-12-25</maturityDt><couponKind>Variable</couponKind><annualizedRt>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>Onslow Bay Financial LLC</name><lei>N/A</lei><title>Onslow Bay Financial LLC 2022-INV1 A18</title><cusip>67115NAU4</cusip><identifiers><isin value="US67115NAU46"/><ticker value="OBX"/><other otherDesc="BPVBZJ0" value="Sedol"/></identifiers><balance>1727736</balance><units>PA</units><curCd>USD</curCd><valUSD>1518279</valUSD><pctVal>0.146</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2051-12-25</maturityDt><couponKind>Variable</couponKind><annualizedRt>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>Onslow Bay Financial LLC</name><lei>N/A</lei><title>Onslow Bay Financial LLC 2021-INV3 A3</title><cusip>67117JAC1</cusip><identifiers><isin value="US67117JAC18"/><ticker value="OBX"/><other otherDesc="BLFC0T6" value="Sedol"/></identifiers><balance>2997784</balance><units>PA</units><curCd>USD</curCd><valUSD>2557023</valUSD><pctVal>0.246</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2051-10-25</maturityDt><couponKind>Variable</couponKind><annualizedRt>2.5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Oak Street Investment Grade Ne</name><lei>N/A</lei><title>Oak Street Investment Grade Net Lease Fund 2020-1A A1</title><cusip>67181DAA9</cusip><identifiers><isin value="US67181DAA90"/><ticker value="OAKIG"/><other otherDesc="BLF0LR5" value="Sedol"/></identifiers><balance>1412880</balance><units>PA</units><curCd>USD</curCd><valUSD>1293809</valUSD><pctVal>0.125</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2050-11-20</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.85</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Oasis Securitisation</name><lei>N/A</lei><title>Oasis Securitization 2021-2A A</title><cusip>67422CAA0</cusip><identifiers><isin value="US67422CAA09"/><ticker value="OASIS"/><other otherDesc="BP0PVD9" value="Sedol"/></identifiers><balance>2057049</balance><units>PA</units><curCd>USD</curCd><valUSD>2014103</valUSD><pctVal>0.194</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2033-10-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>2.143</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Bayview Opportunity Master Fun</name><lei>N/A</lei><title>Oceanview Mortgage Trust 2022-1 A1</title><cusip>67648BAA0</cusip><identifiers><isin value="US67648BAA08"/><ticker value="BVINV"/><other otherDesc="BLBMG81" value="Sedol"/></identifiers><balance>2046700</balance><units>PA</units><curCd>USD</curCd><valUSD>1809096</valUSD><pctVal>0.174</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2051-12-25</maturityDt><couponKind>Variable</couponKind><annualizedRt>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>Ondeck Asset Securitization Tr</name><lei>N/A</lei><title>Ondeck Asset Securitization Trust LLC 2021-1A A</title><cusip>68236WAA0</cusip><identifiers><isin value="US68236WAA09"/><ticker value="ONDK"/><other otherDesc="BKPBQQ5" value="Sedol"/></identifiers><balance>1807000</balance><units>PA</units><curCd>USD</curCd><valUSD>1668985</valUSD><pctVal>0.161</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2027-05-17</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.59</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Preston Ridge Partners Mortgag</name><lei>N/A</lei><title>Preston Ridge Partners Mortgage Trust 2021-10 A1</title><cusip>69360HAA9</cusip><identifiers><isin value="US69360HAA95"/><ticker value="PRPM"/><other otherDesc="BMG1YF3" value="Sedol"/></identifiers><balance>2069960</balance><units>PA</units><curCd>USD</curCd><valUSD>1957465</valUSD><pctVal>0.189</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-10-25</maturityDt><couponKind>Variable</couponKind><annualizedRt>2.487</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Preston Ridge Partners Mortgag</name><lei>N/A</lei><title>Preston Ridge Partners Mortgage Trust 2021-9 A1</title><cusip>69360XAA4</cusip><identifiers><isin value="US69360XAA46"/><ticker value="PRPM"/><other otherDesc="BNRRGC8" value="Sedol"/></identifiers><balance>2144129</balance><units>PA</units><curCd>USD</curCd><valUSD>2047768</valUSD><pctVal>0.197</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-10-25</maturityDt><couponKind>Variable</couponKind><annualizedRt>2.363</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Pagaya AI Debt Selection Trust</name><lei>N/A</lei><title>Pagaya AI Debt Selection Trust 2022-1 A</title><cusip>69546MAA5</cusip><identifiers><isin value="US69546MAA53"/><ticker value="PAID"/><other otherDesc="BNZHVP8" value="Sedol"/></identifiers><balance>1274130</balance><units>PA</units><curCd>USD</curCd><valUSD>1230990</valUSD><pctVal>0.119</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2029-10-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>2.03</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Pawnee Equipment Receivables</name><lei>N/A</lei><title>Pawnee Equipment Receivables 2021-1 A2</title><cusip>704100AB2</cusip><identifiers><isin value="US704100AB29"/><ticker value="PWNE"/><other otherDesc="BNKDZG0" value="Sedol"/></identifiers><balance>3923000</balance><units>PA</units><curCd>USD</curCd><valUSD>3786782</valUSD><pctVal>0.365</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2027-07-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.1</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>Prestige Auto Receivables Trus</name><lei>549300L40MNGIY25DE37</lei><title>Prestige Auto Receivables Trust 2018-1</title><cusip>74114NAJ6</cusip><identifiers><isin value="US74114NAJ63"/><ticker value="PART"/><other otherDesc="BFD2QV0" value="Sedol"/></identifiers><balance>97373</balance><units>PA</units><curCd>USD</curCd><valUSD>97378</valUSD><pctVal>0.009</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2024-10-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>3.75</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>Provident Funding Mortgage Tru</name><lei>N/A</lei><title>Provident Funding Mortgage Trust 2021-INV1 A1</title><cusip>74387VAA7</cusip><identifiers><isin value="US74387VAA70"/><ticker value="PFMT"/><other otherDesc="BMHVTK2" value="Sedol"/></identifiers><balance>1672657</balance><units>PA</units><curCd>USD</curCd><valUSD>1429297</valUSD><pctVal>0.138</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2051-08-25</maturityDt><couponKind>Variable</couponKind><annualizedRt>2.5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Woodward Capital Management</name><lei>N/A</lei><title>Woodward Capital Management 2021-3 A21</title><cusip>74938DAW3</cusip><identifiers><isin value="US74938DAW39"/><ticker value="RCKT"/><other otherDesc="BMHB3C2" value="Sedol"/></identifiers><balance>1294364</balance><units>PA</units><curCd>USD</curCd><valUSD>1204678</valUSD><pctVal>0.116</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2051-07-25</maturityDt><couponKind>Floating</couponKind><annualizedRt>1.38446</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>SREIT Trust</name><lei>N/A</lei><title>SREIT Trust 2021-MFP A</title><cusip>78472UAA6</cusip><identifiers><isin value="US78472UAA60"/><ticker value="SREIT"/><other otherDesc="BN7F2N5" value="Sedol"/></identifiers><balance>3236000</balance><units>PA</units><curCd>USD</curCd><valUSD>3069943</valUSD><pctVal>0.296</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2038-11-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.0548</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>SREIT Trust</name><lei>N/A</lei><title>SREIT Trust 2021-FLWR D</title><cusip>78485GAL8</cusip><identifiers><isin value="US78485GAL86"/><ticker value="SREIT"/><other otherDesc="BN466V7" value="Sedol"/></identifiers><balance>2543000</balance><units>PA</units><curCd>USD</curCd><valUSD>2362655</valUSD><pctVal>0.228</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2036-07-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.69904</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Santander Consumer Auto Receiv</name><lei>N/A</lei><title>Santander Consumer Auto Receivables Trust 2020-AA</title><cusip>80281MAA1</cusip><identifiers><isin value="US80281MAA18"/><ticker value="SCART"/><other otherDesc="BMWP0Q2" value="Sedol"/></identifiers><balance>112788</balance><units>PA</units><curCd>USD</curCd><valUSD>112593</valUSD><pctVal>0.011</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2024-10-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.37</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Santander Prime Auto Issuance</name><lei>N/A</lei><title>Santander Prime Auto Issuance Notes Trust 2018-A</title><cusip>80285BAE3</cusip><identifiers><isin value="US80285BAE39"/><ticker value="SPAIN"/><other otherDesc="BG114K1" value="Sedol"/></identifiers><balance>739331</balance><units>PA</units><curCd>USD</curCd><valUSD>741974</valUSD><pctVal>0.071</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-09-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>5.04</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Santander Drive Auto Receivabl</name><lei>N/A</lei><title>Santander Drive Auto Receivables Trust 2021-1 D</title><cusip>80286NAG1</cusip><identifiers><isin value="US80286NAG16"/><ticker value="SDART"/><other otherDesc="BMZ5LY4" value="Sedol"/></identifiers><balance>4581000</balance><units>PA</units><curCd>USD</curCd><valUSD>4379896</valUSD><pctVal>0.422</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-11-16</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.13</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Santander Bank Auto Credit-Lin</name><lei>N/A</lei><title>Santander Bank Auto Credit-Linked Notes 2021-1A C</title><cusip>80290CAG9</cusip><identifiers><isin value="US80290CAG96"/><ticker value="SBCLN"/><other otherDesc="BNDLTH0" value="Sedol"/></identifiers><balance>1097864</balance><units>PA</units><curCd>USD</curCd><valUSD>1070096</valUSD><pctVal>0.103</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2031-12-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>3.268</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Santander Bank Auto Credit-Lin</name><lei>N/A</lei><title>Santander Bank Auto Credit-Linked Notes 2022-A B</title><cusip>80290CAS3</cusip><identifiers><isin value="US80290CAS35"/><ticker value="SBCLN"/><other otherDesc="BNNJPV0" value="Sedol"/></identifiers><balance>2552922</balance><units>PA</units><curCd>USD</curCd><valUSD>2518454</valUSD><pctVal>0.243</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2032-05-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>5.281</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Sierra Receivables Funding Co</name><lei>N/A</lei><title>Sierra Receivables Funding Co LLC 2021-1A A</title><cusip>82652QAA9</cusip><identifiers><isin value="US82652QAA94"/><ticker value="SRFC"/><other otherDesc="BMG7PN6" value="Sedol"/></identifiers><balance>1465527</balance><units>PA</units><curCd>USD</curCd><valUSD>1384801</valUSD><pctVal>0.133</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2037-11-20</maturityDt><couponKind>Fixed</couponKind><annualizedRt>0.99</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Social Professional Loan Progr</name><lei>N/A</lei><title>SoFi Professional Loan Program 2020-C Trust</title><cusip>83390UAF4</cusip><identifiers><isin value="US83390UAF49"/><ticker value="SOFI"/><other otherDesc="BMZNCD4" value="Sedol"/></identifiers><balance>1978081</balance><units>PA</units><curCd>USD</curCd><valUSD>1899004</valUSD><pctVal>0.183</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2046-02-15</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>TPI Re-Remic Trust</name><lei>335800RB49U7JFY3VP05</lei><title>TPI Re-Remic Trust 2022-FRR1 AK33</title><cusip>872659AA5</cusip><identifiers><isin value="US872659AA53"/><ticker value="TPI"/><other otherDesc="BP96003" value="Sedol"/></identifiers><balance>994000</balance><units>PA</units><curCd>USD</curCd><valUSD>940618</valUSD><pctVal>0.091</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2046-07-25</maturityDt><couponKind>None</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>TPI Re-Remic Trust</name><lei>335800RB49U7JFY3VP05</lei><title>TPI Re-Remic Trust 2022-FRR1 AK34</title><cusip>872659AC1</cusip><identifiers><isin value="US872659AC10"/><ticker value="TPI"/><other otherDesc="BP96058" value="Sedol"/></identifiers><balance>819000</balance><units>PA</units><curCd>USD</curCd><valUSD>775016</valUSD><pctVal>0.075</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2046-07-25</maturityDt><couponKind>None</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>TPI Re-Remic Trust</name><lei>335800RB49U7JFY3VP05</lei><title>TPI Re-Remic Trust 2022-FRR1 AK35</title><cusip>872659AE7</cusip><identifiers><isin value="US872659AE75"/><ticker value="TPI"/><other otherDesc="BP96069" value="Sedol"/></identifiers><balance>1109000</balance><units>PA</units><curCd>USD</curCd><valUSD>1045051</valUSD><pctVal>0.101</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2046-08-25</maturityDt><couponKind>None</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>TTAN</name><lei>N/A</lei><title>TTAN 2021-MHC A</title><cusip>87303TAA5</cusip><identifiers><isin value="US87303TAA51"/><ticker value="TTN"/><other otherDesc="BMX48D1" value="Sedol"/></identifiers><balance>1676721</balance><units>PA</units><curCd>USD</curCd><valUSD>1613410</valUSD><pctVal>0.155</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2038-03-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.175</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Tesla Auto Lease Trust</name><lei>N/A</lei><title>Tesla Auto Lease Trust 2021-B A3</title><cusip>88161KAC9</cusip><identifiers><isin value="US88161KAC99"/><ticker value="TESLA"/><other otherDesc="BLGZV46" value="Sedol"/></identifiers><balance>1050000</balance><units>PA</units><curCd>USD</curCd><valUSD>991173</valUSD><pctVal>0.096</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-09-22</maturityDt><couponKind>Fixed</couponKind><annualizedRt>0.6</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Tesla Auto Lease Trust</name><lei>N/A</lei><title>Tesla Auto Lease Trust 2021-B B</title><cusip>88161KAE5</cusip><identifiers><isin value="US88161KAE55"/><ticker value="TESLA"/><other otherDesc="BLGZV35" value="Sedol"/></identifiers><balance>538000</balance><units>PA</units><curCd>USD</curCd><valUSD>504158</valUSD><pctVal>0.049</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-09-22</maturityDt><couponKind>Fixed</couponKind><annualizedRt>0.91</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Tesla Auto Lease Trust</name><lei>N/A</lei><title>Tesla Auto Lease Trust 2020-A</title><cusip>88167HAH9</cusip><identifiers><isin value="US88167HAH93"/><ticker value="TESLA"/><other otherDesc="BJLD873" value="Sedol"/></identifiers><balance>2650000</balance><units>PA</units><curCd>USD</curCd><valUSD>2636715</valUSD><pctVal>0.254</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2024-08-20</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.64</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Theorem Funding Trust</name><lei>N/A</lei><title>Theorem Funding Trust 2021-1A A</title><cusip>88339VAA6</cusip><identifiers><isin value="US88339VAA61"/><ticker value="THRM"/><other otherDesc="BMCRLB0" value="Sedol"/></identifiers><balance>1176553</balance><units>PA</units><curCd>USD</curCd><valUSD>1146664</valUSD><pctVal>0.11</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2027-12-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.21</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Tricolor Auto Securitization T</name><lei>N/A</lei><title>Tricolor Auto Securitization Trust 2022-1A A</title><cusip>89616BAA2</cusip><identifiers><isin value="US89616BAA26"/><ticker value="TAST"/><other otherDesc="BLDBRJ4" value="Sedol"/></identifiers><balance>2497435</balance><units>PA</units><curCd>USD</curCd><valUSD>2485552</valUSD><pctVal>0.239</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-02-18</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>280 Park Avenue Mortgage Trust</name><lei>N/A</lei><title>208 Park Avenue Mortgage Trust 2017-280P</title><cusip>90205FAA8</cusip><identifiers><isin value="US90205FAA84"/><ticker value="PRK"/><other otherDesc="BM9CCL5" value="Sedol"/></identifiers><balance>4021000</balance><units>PA</units><curCd>USD</curCd><valUSD>3935126</valUSD><pctVal>0.379</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2034-09-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.071</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>UNIFY Auto Receivables Trust</name><lei>N/A</lei><title>UNIFY Auto Receivables Trust 2021-1A A4</title><cusip>90775QAD8</cusip><identifiers><isin value="US90775QAD88"/><ticker value="UART"/><other otherDesc="BMFPDX7" value="Sedol"/></identifiers><balance>2930000</balance><units>PA</units><curCd>USD</curCd><valUSD>2858500</valUSD><pctVal>0.275</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2026-07-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>0.98</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Upstart Securitization Trust</name><lei>N/A</lei><title>Upstart Securitization Trust 2021-5 A</title><cusip>91679JAA5</cusip><identifiers><isin value="US91679JAA51"/><ticker value="UPST"/><other otherDesc="BN6KDZ0" value="Sedol"/></identifiers><balance>711419</balance><units>PA</units><curCd>USD</curCd><valUSD>683689</valUSD><pctVal>0.066</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2031-11-20</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.31</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Upstart Securitization Trust</name><lei>549300WNB47JRNENIC75</lei><title>Upstart Securitization Trust 2022-2 A</title><cusip>91679TAA3</cusip><identifiers><isin value="US91680M1071"/><ticker value="UPST"/><other otherDesc="BL53QN5" value="Sedol"/></identifiers><balance>4007000</balance><units>PA</units><curCd>USD</curCd><valUSD>3968835</valUSD><pctVal>0.382</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2032-05-20</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.37</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Upstart Securitization Trust</name><lei>N/A</lei><title>Upstart Securitization Trust 2022-1 A</title><cusip>91679WAA6</cusip><identifiers><isin value="US91679WAA62"/><ticker value="UPST"/><other otherDesc="BPBNN36" value="Sedol"/></identifiers><balance>4562033</balance><units>PA</units><curCd>USD</curCd><valUSD>4444554</valUSD><pctVal>0.428</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2032-03-20</maturityDt><couponKind>Fixed</couponKind><annualizedRt>3.12</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Upstart Securitization Trust</name><lei>N/A</lei><title>Upstart Securitization Trust 2020-3 A</title><cusip>91680EAA3</cusip><identifiers><isin value="US91680EAA38"/><ticker value="UPST"/><other otherDesc="BMHCWK6" value="Sedol"/></identifiers><balance>331795</balance><units>PA</units><curCd>USD</curCd><valUSD>330295</valUSD><pctVal>0.032</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2030-11-20</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.702</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Upstart Securitization Trust</name><lei>N/A</lei><title>Upstart Securitization Trust 2021-1 A</title><cusip>91681NAA2</cusip><identifiers><isin value="US91681NAA28"/><ticker value="UPST"/><other otherDesc="BMFNPV3" value="Sedol"/></identifiers><balance>357448</balance><units>PA</units><curCd>USD</curCd><valUSD>353449</valUSD><pctVal>0.034</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2031-03-20</maturityDt><couponKind>Fixed</couponKind><annualizedRt>0.87</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Upstart Securitization Trust</name><lei>N/A</lei><title>Upstart Securitization Trust 2021-4 A</title><cusip>91682NAA1</cusip><identifiers><isin value="US91682NAA19"/><ticker value="UPST"/><other otherDesc="BMVGRK9" value="Sedol"/></identifiers><balance>2233954</balance><units>PA</units><curCd>USD</curCd><valUSD>2168895</valUSD><pctVal>0.209</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2031-09-20</maturityDt><couponKind>Fixed</couponKind><annualizedRt>0.84</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>United Wholesale Mortgage LLC</name><lei>N/A</lei><title>United Wholesale Mortgage LLC 2021-INV4 A3</title><cusip>918307AC3</cusip><identifiers><isin value="US918307AC33"/><ticker value="UWM"/><other otherDesc="BN6SQ22" value="Sedol"/></identifiers><balance>1479507</balance><units>PA</units><curCd>USD</curCd><valUSD>1268892</valUSD><pctVal>0.122</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2051-12-25</maturityDt><couponKind>Variable</couponKind><annualizedRt>2.5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Vantage Data Centers LLC</name><lei>N/A</lei><title>Vantage Data Centers LLC 2020-1A A2</title><cusip>92212KAB2</cusip><identifiers><isin value="US92212KAB26"/><ticker value="VDC 20-1A"/><other otherDesc="BMBYYY6" value="Sedol"/></identifiers><balance>2652000</balance><units>PA</units><curCd>USD</curCd><valUSD>2403503</valUSD><pctVal>0.232</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2045-09-15</maturityDt><couponKind>Fixed</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>VASA Trust</name><lei>N/A</lei><title>VASA Trust 2021-VASA A</title><cusip>92230AAA4</cusip><identifiers><isin value="US92230AAA43"/><ticker value="VASA"/><other otherDesc="BNKH227" value="Sedol"/></identifiers><balance>1260000</balance><units>PA</units><curCd>USD</curCd><valUSD>1203453</valUSD><pctVal>0.116</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2039-07-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>2.224</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Verizon Owner Trust</name><lei>549300WANFF5OIMC3D47</lei><title>Verizon Owner Trust 2019-C</title><cusip>92348AAC9</cusip><identifiers><isin value="US92348AAC99"/><ticker value="VZOT"/><other otherDesc="BKZ7NC8" value="Sedol"/></identifiers><balance>8417000</balance><units>PA</units><curCd>USD</curCd><valUSD>8349706</valUSD><pctVal>0.805</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2024-04-22</maturityDt><couponKind>Fixed</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>Verus Securitization Trust</name><lei>N/A</lei><title>Verus Securitization Trust 2020-1</title><cusip>92536PAD6</cusip><identifiers><isin value="US92536PAD69"/><ticker value="VERUS"/><other otherDesc="BKVFG83" value="Sedol"/></identifiers><balance>3737476</balance><units>PA</units><curCd>USD</curCd><valUSD>3625100</valUSD><pctVal>0.349</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2060-01-25</maturityDt><couponKind>Variable</couponKind><annualizedRt>2.642</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Westgate Resorts</name><lei>N/A</lei><title>Westgate Resorts 2022-1A A</title><cusip>96034JAA4</cusip><identifiers><isin value="US96034JAA43"/><ticker value="WESTR"/><other otherDesc="BNK8ZV0" value="Sedol"/></identifiers><balance>767676</balance><units>PA</units><curCd>USD</curCd><valUSD>733004</valUSD><pctVal>0.071</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2036-08-20</maturityDt><couponKind>Fixed</couponKind><annualizedRt>1.788</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>OSCAR US Funding Trust</name><lei>N/A</lei><title>OSCAR US Funding Trust VII LLC</title><cusip>68784AAE6</cusip><identifiers><isin value="US68784AAE64"/><ticker value="OSCAR"/><other otherDesc="BF16XW4" value="Sedol"/></identifiers><balance>383982</balance><units>PA</units><curCd>USD</curCd><valUSD>383938</valUSD><pctVal>0.037</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>JP</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2024-12-10</maturityDt><couponKind>Fixed</couponKind><annualizedRt>2.76</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>OSCAR US Funding Trust</name><lei>353800F8174AEKJO6C39</lei><title>Oscar US Funding Trust 2021-1A A3</title><cusip>68785AAC9</cusip><identifiers><isin value="US68785AAC99"/><ticker value="OSCAR"/><other otherDesc="BKP8C68" value="Sedol"/></identifiers><balance>2188000</balance><units>PA</units><curCd>USD</curCd><valUSD>2108754</valUSD><pctVal>0.203</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>JP</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2025-04-10</maturityDt><couponKind>Fixed</couponKind><annualizedRt>0.7</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>ZURN LLC</name><lei>549300XLZXRC2KJ6VK87</lei><title>Zurn Holdings Inc</title><cusip>76168JAS5</cusip><identifiers><isin value="US76168JAS50"/><ticker value="JJZ"/></identifiers><balance>3255935</balance><units>PA</units><curCd>USD</curCd><valUSD>3181146</valUSD><pctVal>0.307</pctVal><payoffProfile>Long</payoffProfile><assetCat>LON</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2028-10-04</maturityDt><couponKind>Floating</couponKind><annualizedRt>3.91614</annualizedRt><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>US 5YR NOTE (CBT) Sep22</title><cusip>N/A</cusip><identifiers><ticker value="FVU2"/><other otherDesc="FVU2 COMDTY" value="Internal ID"/></identifiers><balance>53</balance><units>NC</units><curCd>USD</curCd><valUSD>-49273</valUSD><pctVal>-0.005</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>Goldman Sachs &amp; Co. LLC</counterpartyName><counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei></counterparties><payOffProf>Long</payOffProf><descRefInstrmnt><otherRefInst><issuerName>N/A</issuerName><issueTitle>N/A</issueTitle><identifiers><ticker value="FVU2"/></identifiers></otherRefInst></descRefInstrmnt><expDate>2022-10-05</expDate><notionalAmt>5998523</notionalAmt><curCd>USD</curCd><unrealizedAppr>-49273</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) Sep22</title><cusip>N/A</cusip><identifiers><ticker value="TUU2"/><other otherDesc="TUU2 COMDTY" value="Internal ID"/></identifiers><balance>1410</balance><units>NC</units><curCd>USD</curCd><valUSD>-1659140</valUSD><pctVal>-0.16</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>Goldman Sachs &amp; Co. LLC</counterpartyName><counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei></counterparties><payOffProf>Long</payOffProf><descRefInstrmnt><otherRefInst><issuerName>N/A</issuerName><issueTitle>N/A</issueTitle><identifiers><ticker value="TUU2"/></identifiers></otherRefInst></descRefInstrmnt><expDate>2022-10-05</expDate><notionalAmt>297781173</notionalAmt><curCd>USD</curCd><unrealizedAppr>-1659140</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)Sep22</title><cusip>N/A</cusip><identifiers><ticker value="TYU2"/><other otherDesc="TYU2 COMDTY" value="Internal ID"/></identifiers><balance>-116</balance><units>NC</units><curCd>USD</curCd><valUSD>168563</valUSD><pctVal>0.016</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>Goldman Sachs &amp; Co. LLC</counterpartyName><counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei></counterparties><payOffProf>Short</payOffProf><descRefInstrmnt><otherRefInst><issuerName>N/A</issuerName><issueTitle>N/A</issueTitle><identifiers><ticker value="TYU2"/></identifiers></otherRefInst></descRefInstrmnt><expDate>2022-09-30</expDate><notionalAmt>-13918188</notionalAmt><curCd>USD</curCd><unrealizedAppr>168563</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 LONG BOND(CBT) Sep22</title><cusip>N/A</cusip><identifiers><ticker value="USU2"/><other otherDesc="USU2 COMDTY" value="Internal ID"/></identifiers><balance>-100</balance><units>NC</units><curCd>USD</curCd><valUSD>231959</valUSD><pctVal>0.022</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>Goldman Sachs &amp; Co. LLC</counterpartyName><counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei></counterparties><payOffProf>Short</payOffProf><descRefInstrmnt><otherRefInst><issuerName>N/A</issuerName><issueTitle>N/A</issueTitle><identifiers><ticker value="USU2"/></identifiers></otherRefInst></descRefInstrmnt><expDate>2022-09-30</expDate><notionalAmt>-14094459</notionalAmt><curCd>USD</curCd><unrealizedAppr>231959</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 Ultra Fut Sep22</title><cusip>N/A</cusip><identifiers><ticker value="UXYU2"/><other otherDesc="UXYU2 COMDTY" value="Internal ID"/></identifiers><balance>39</balance><units>NC</units><curCd>USD</curCd><valUSD>-79219</valUSD><pctVal>-0.008</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>Goldman Sachs &amp; Co. LLC</counterpartyName><counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei></counterparties><payOffProf>Long</payOffProf><descRefInstrmnt><otherRefInst><issuerName>N/A</issuerName><issueTitle>N/A</issueTitle><identifiers><ticker value="UXYU2"/></identifiers></otherRefInst></descRefInstrmnt><expDate>2022-09-30</expDate><notionalAmt>5046844</notionalAmt><curCd>USD</curCd><unrealizedAppr>-79219</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 ULTRA BOND CBT Sep22</title><cusip>N/A</cusip><identifiers><ticker value="WNU2"/><other otherDesc="WNU2 COMDTY" value="Internal ID"/></identifiers><balance>3</balance><units>NC</units><curCd>USD</curCd><valUSD>-10756</valUSD><pctVal>-0.001</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>Goldman Sachs &amp; Co. LLC</counterpartyName><counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei></counterparties><payOffProf>Long</payOffProf><descRefInstrmnt><otherRefInst><issuerName>N/A</issuerName><issueTitle>N/A</issueTitle><identifiers><ticker value="WNU2"/></identifiers></otherRefInst></descRefInstrmnt><expDate>2022-09-30</expDate><notionalAmt>473787</notionalAmt><curCd>USD</curCd><unrealizedAppr>-10756</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>2022-08-14</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>
