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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ICE-ICE FUTURES LTD</name>
        <lei>N/A</lei>
        <title>BRENT CRUDE FUTR MAR21 COH1</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H1JWQ097"/>
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        <balance>18.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>51331.70000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>ICE-ICE FUTURES LTD</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>BRENT CRUDE OIL</issuerName>
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              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2021-01-29</expDate>
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            <unrealizedAppr>51331.70000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CHICAGO BOARD OF TRADE</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="SMZ0"/>
        </identifiers>
        <balance>3.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>2089.89000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>CHICAGO BOARD OF TRADE</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>SOYBEAN MEAL</issuerName>
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                  <other otherDesc="Internal" value="15T99L227"/>
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            </descRefInstrmnt>
            <expDate>2020-12-14</expDate>
            <notionalAmt>87100.11000000</notionalAmt>
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            <unrealizedAppr>2089.89000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK MERCANTILE EXCHANGE</name>
        <lei>N/A</lei>
        <title>WTI CRUDE FUTURE SEP20 CLU0</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="CLU0"/>
        </identifiers>
        <balance>29.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>370766.77000000</valUSD>
        <pctVal>1.149995773045</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>NEW YORK MERCANTILE EXCHANGE</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>WTI CRUDE</issuerName>
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                  <other otherDesc="Internal" value="18B99H229"/>
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            </descRefInstrmnt>
            <expDate>2020-08-20</expDate>
            <notionalAmt>797063.23000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>370766.77000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHICAGO BOARD OF TRADE</name>
        <lei>N/A</lei>
        <title>WHEAT FUTURE(CBT) MAR21 W H1</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="WH1"/>
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        <balance>13.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>10541.39000000</valUSD>
        <pctVal>0.032695901906</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>CHICAGO BOARD OF TRADE</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
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                <issuerName>WHEAT</issuerName>
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                  <other otherDesc="Internal" value="13K99T224"/>
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            <expDate>2021-03-12</expDate>
            <notionalAmt>344196.11000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>10541.39000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>USTN TII 0.625% 04/15/2023</title>
        <cusip>9128284H0</cusip>
        <identifiers>
          <isin value="US9128284H06"/>
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        <balance>1712000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1851659.99000000</valUSD>
        <pctVal>5.743236271194</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>0.00625000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>COMMODITY EXCHANGE INC</name>
        <lei>N/A</lei>
        <title>COPPER FUTURE DEC20 HGZ0</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="HGZ0"/>
        </identifiers>
        <balance>26.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-24013.27000000</valUSD>
        <pctVal>-0.07448121361</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>COMMODITY EXCHANGE INC</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <payOffProf>Long</payOffProf>
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              <otherRefInst>
                <issuerName>COPPER</issuerName>
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                  <other otherDesc="Internal" value="13K99R228"/>
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            <expDate>2020-12-29</expDate>
            <notionalAmt>1902838.27000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-24013.27000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CHICAGO BOARD OF TRADE</name>
        <lei>N/A</lei>
        <title>CORN FUTURE JUL21 C N1</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="CN1"/>
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        <balance>32.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-23391.66000000</valUSD>
        <pctVal>-0.07255318518</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>CHICAGO BOARD OF TRADE</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>CORN</issuerName>
                <issueTitle>CORN</issueTitle>
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                  <other otherDesc="Internal" value="13K99Q220"/>
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            <expDate>2021-07-14</expDate>
            <notionalAmt>586991.66000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-23391.66000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>UNITED STATES TREASURY BOND</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>USTN TII 2.375% 1/15/25</title>
        <cusip>912810FR4</cusip>
        <identifiers>
          <isin value="US912810FR42"/>
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        <balance>876000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1387392.68000000</valUSD>
        <pctVal>4.303232777722</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>0.02375000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ICE-ICE FUTURES LTD</name>
        <lei>N/A</lei>
        <title>LOW SU GASOIL G FUT JAN21 QSF1</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00H1K80N73"/>
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        <balance>10.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>25355.07000000</valUSD>
        <pctVal>0.078643032991</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>ICE-ICE FUTURES LTD</counterpartyName>
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            <payOffProf>Long</payOffProf>
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              <otherRefInst>
                <issuerName>GAS OIL</issuerName>
                <issueTitle>GAS OIL</issueTitle>
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                  <other otherDesc="Internal" value="06C99B226"/>
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            </descRefInstrmnt>
            <expDate>2021-01-12</expDate>
            <notionalAmt>355644.93000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>25355.07000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>USTN TII 1.125% 1/15/21</title>
        <cusip>912828PP9</cusip>
        <identifiers>
          <isin value="US912828PP91"/>
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        <balance>1498000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1773088.81000000</valUSD>
        <pctVal>5.499534482916</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01125000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK MERCANTILE EXCHANGE</name>
        <lei>N/A</lei>
        <title>NY HARB ULSD FUT NOV20 HOX0</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="HOX0"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-1351.12000000</valUSD>
        <pctVal>-0.00419072693</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
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              <counterpartyName>NEW YORK MERCANTILE EXCHANGE</counterpartyName>
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            <payOffProf>Long</payOffProf>
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              <otherRefInst>
                <issuerName>HEATING OIL</issuerName>
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                  <other otherDesc="Internal" value="13K99K223"/>
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            </descRefInstrmnt>
            <expDate>2020-10-30</expDate>
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            <unrealizedAppr>-1351.12000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>COMMODITY EXCHANGE INC</name>
        <lei>N/A</lei>
        <title>COPPER FUTURE MAR21 HGH1</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="HGH1"/>
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        <balance>11.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-1052.56000000</valUSD>
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        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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              <counterpartyName>COMMODITY EXCHANGE INC</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <issuerName>COPPER</issuerName>
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            <expDate>2021-03-29</expDate>
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            <unrealizedAppr>-1052.56000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CHICAGO BOARD OF TRADE</name>
        <lei>N/A</lei>
        <title>KC HRW WHEAT FUT DEC20 KWZ0</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="KWZ0"/>
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        <balance>7.00000000</balance>
        <units>NC</units>
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        <valUSD>355.79000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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              <counterpartyName>CHICAGO BOARD OF TRADE</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <issuerName>WHEAT</issuerName>
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            <expDate>2020-12-14</expDate>
            <notionalAmt>158194.21000000</notionalAmt>
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            <unrealizedAppr>355.79000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CHICAGO BOARD OF TRADE</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="BOZ0"/>
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        <balance>62.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>21322.52000000</valUSD>
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        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>CHICAGO BOARD OF TRADE</counterpartyName>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>SOYBEAN OIL</issuerName>
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      <invstOrSec>
        <name>CHICAGO MERCANTILE EXCH INC</name>
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          <ticker value="LHV0"/>
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      </invstOrSec>
      <invstOrSec>
        <name>ICE-ICE FUTURES LTD</name>
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          <isin value="GB00H1JWQW17"/>
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        <balance>3.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DCO</assetCat>
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        <fairValLevel>1</fairValLevel>
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              <counterpartyName>ICE-ICE FUTURES LTD</counterpartyName>
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            <payOffProf>Long</payOffProf>
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      <invstOrSec>
        <name>CHICAGO MERCANTILE EXCH INC</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
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          <ticker value="LCV0"/>
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        <curCd>USD</curCd>
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        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
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              <counterpartyName>CHICAGO MERCANTILE EXCH INC</counterpartyName>
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            <payOffProf>Long</payOffProf>
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      <invstOrSec>
        <name>CHICAGO BOARD OF TRADE</name>
        <lei>N/A</lei>
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          <ticker value="CZ0"/>
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        <balance>18.00000000</balance>
        <units>NC</units>
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        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
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              <counterpartyName>CHICAGO BOARD OF TRADE</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <issuerName>CORN</issuerName>
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      <invstOrSec>
        <name>NEW YORK MERCANTILE EXCHANGE</name>
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          <ticker value="XBX0"/>
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        <assetCat>DCO</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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            <payOffProf>Long</payOffProf>
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                <indexName>REFORMULATED 84 OCT OXG INDEX</indexName>
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      <invstOrSec>
        <name>UST NOTES</name>
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          <isin value="US912828SA95"/>
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        <balance>1718000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NEW YORK MERCANTILE EXCHANGE</name>
        <lei>N/A</lei>
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          <ticker value="XBU0"/>
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                <indexName>REFORMULATED 84 OCT OXG INDEX</indexName>
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      <invstOrSec>
        <name>UST NOTES</name>
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          <isin value="US9128286N55"/>
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      <invstOrSec>
        <name>LONDON METAL EXCHANGE</name>
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          <ticker value="LMZSDP"/>
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        <name>NEW YORK MERCANTILE EXCHANGE</name>
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        <name>UST NOTES</name>
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        <name>CHICAGO MERCANTILE EXCH INC</name>
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        <name>ICE FUTURES US</name>
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        <name>ICE-ICE FUTURES LTD</name>
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        <securityLending>
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      <invstOrSec>
        <name>CHICAGO BOARD OF TRADE</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <ticker value="CH1"/>
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        <valUSD>-35263.00000000</valUSD>
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        <assetCat>DCO</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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            <payOffProf>Long</payOffProf>
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                <issuerName>CORN</issuerName>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>CHICAGO MERCANTILE EXCH INC</name>
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          <ticker value="LHZ0"/>
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        <units>NC</units>
        <curCd>USD</curCd>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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              <counterpartyName>CHICAGO MERCANTILE EXCH INC</counterpartyName>
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      </invstOrSec>
      <invstOrSec>
        <name>CHICAGO BOARD OF TRADE</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <ticker value="KWH1"/>
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        <balance>7.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>CHICAGO BOARD OF TRADE</counterpartyName>
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            <payOffProf>Long</payOffProf>
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      <invstOrSec>
        <name>CHICAGO BOARD OF TRADE</name>
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          <ticker value="WZ0"/>
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        <balance>35.00000000</balance>
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            <payOffProf>Long</payOffProf>
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      <invstOrSec>
        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>USTN TII .125 1/15/23</title>
        <cusip>912828UH1</cusip>
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          <isin value="US912828UH11"/>
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        <balance>1879000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CHICAGO MERCANTILE EXCH INC</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="LCZ0"/>
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        <balance>9.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
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        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>1</fairValLevel>
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              <counterpartyName>CHICAGO MERCANTILE EXCH INC</counterpartyName>
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      <invstOrSec>
        <name>NEW YORK MERCANTILE EXCHANGE</name>
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        <identifiers>
          <ticker value="NGX20"/>
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        <balance>30.00000000</balance>
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        <assetCat>DCO</assetCat>
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            <payOffProf>Long</payOffProf>
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      <invstOrSec>
        <name>ICE FUTURES US</name>
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          <ticker value="SBV0"/>
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      <invstOrSec>
        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <cusip>912828VM9</cusip>
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          <isin value="US912828VM96"/>
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        <name>UST NOTES</name>
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        <cusip>912828WU0</cusip>
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          <couponKind>Fixed</couponKind>
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        <name>UST NOTES</name>
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        <name>ICE-ICE FUTURES LTD</name>
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        <name>UST NOTES</name>
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        <name>UST NOTES</name>
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        <name>NEW YORK MERCANTILE EXCHANGE</name>
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            <payOffProf>Long</payOffProf>
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          <ticker value="HOH1"/>
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          <ticker value="LMAHDP"/>
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        <name>LONDON METAL EXCHANGE</name>
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        <identifiers>
          <ticker value="LMNIDP"/>
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        <balance>10.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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            <payOffProf>Long</payOffProf>
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      <invstOrSec>
        <name>CHICAGO BOARD OF TRADE</name>
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          <ticker value="SMH1"/>
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        <balance>25.00000000</balance>
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        <fairValLevel>1</fairValLevel>
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            <payOffProf>Long</payOffProf>
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      <invstOrSec>
        <name>UST NOTES</name>
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          <isin value="US912828ZJ22"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>COMMODITY EXCHANGE INC</name>
        <lei>N/A</lei>
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          <ticker value="SIU0"/>
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        <units>NC</units>
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      <invstOrSec>
        <name>LONDON METAL EXCHANGE</name>
        <lei>N/A</lei>
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          <isin value="GB00G0JLB277"/>
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        <fairValLevel>1</fairValLevel>
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        <name>CHICAGO BOARD OF TRADE</name>
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          <ticker value="SH1"/>
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        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
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          <isin value="US912828QV50"/>
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        <name>UST NOTES</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>ICE FUTURES US</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>COFFEE</issuerName>
                <issueTitle>COFFEE</issueTitle>
                <identifiers>
                  <other otherDesc="Internal" value="13K99X225"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2021-03-19</expDate>
            <notionalAmt>504195.64000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>96160.61000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>USTN TII 0.25% 01/15/2025</title>
        <cusip>912828H45</cusip>
        <identifiers>
          <isin value="US912828H458"/>
        </identifiers>
        <balance>1757000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2029308.57000000</valUSD>
        <pctVal>6.294243353321</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>0.00250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ICE FUTURES US</name>
        <lei>N/A</lei>
        <title>COTTON NO.2 FUTR DEC20 CTZ0</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="CTZ0"/>
        </identifiers>
        <balance>15.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>31356.62000000</valUSD>
        <pctVal>0.097257854194</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>ICE FUTURES US</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>COTTON</issuerName>
                <issueTitle>COTTON</issueTitle>
                <identifiers>
                  <other otherDesc="Internal" value="13K99W227"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-12-08</expDate>
            <notionalAmt>438593.38000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>31356.62000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COMMODITY EXCHANGE INC</name>
        <lei>N/A</lei>
        <title>GOLD 100 OZ FUTR DEC20 GCZ0</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="GCZ0"/>
        </identifiers>
        <balance>30.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>447572.40000000</valUSD>
        <pctVal>1.388221409733</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>COMMODITY EXCHANGE INC</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>GOLD BULLION</issuerName>
                <issueTitle>GOLD BULLION</issueTitle>
                <identifiers>
                  <other otherDesc="Internal" value="689994101"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-12-29</expDate>
            <notionalAmt>5510127.60000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>447572.40000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>USTN TII .125% 7/15/22</title>
        <cusip>912828TE0</cusip>
        <identifiers>
          <isin value="US912828TE09"/>
        </identifiers>
        <balance>1705000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1953829.60000000</valUSD>
        <pctVal>6.060132576744</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00125000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2020-08-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Laura M. Del Prato</ncom:nameOfApplicant>
      <ncom:signature>Laura M. Del Prato</ncom:signature>
      <ncom:signerName>Laura M. Del Prato</ncom:signerName>
      <ncom:title>President and Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
