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        <name>Federal National Mortgage Association</name>
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        <name>JPMorgan Chase &amp; Co.</name>
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        <name>United Spirits Ltd.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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      <invstOrSec>
        <name>Nexstar Media, Inc.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Equinix, Inc.</name>
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        <name>Accenture Capital, Inc.</name>
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        <name>Arcadyan Technology Corp.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>SK, Inc.</name>
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        <name>Dr Lal PathLabs Ltd.</name>
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        <name>United States of America</name>
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        <name>Bausch + Lomb Corp.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Exxon Mobil Corp.</name>
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        <name>KEI Industries Ltd.</name>
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        <name>Alphabet, Inc.</name>
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        <name>Federal National Mortgage Association</name>
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          <isin value="US31410G4B62"/>
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        <name>CSC Holdings LLC</name>
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        <name>HCA, Inc.</name>
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        <name>Experian plc</name>
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        <invCountry>JE</invCountry>

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        <name>Merck &amp; Co., Inc.</name>
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        <name>ONEOK, Inc.</name>
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        <name>United Therapeutics Corp.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Ingredion, Inc.</name>
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        <name>Novartis Capital Corp.</name>
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        <name>Santander Holdings USA, Inc.</name>
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        <name>Waste Management, Inc.</name>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>United States of America</name>
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        <name>goeasy Ltd.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Goldman Sachs Group, Inc. (The)</name>
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        <name>Wells Fargo &amp; Co.</name>
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        <name>Government National Mortgage Association</name>
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        <name>New Gold, Inc.</name>
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        <name>Washington Mutual Mortgage Pass-Through Certificates WMALT Trust</name>
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        <name>Credo Technology Group Holding Ltd.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Credit Acceptance Corp.</name>
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        <name>IBM International Capital Pte. Ltd.</name>
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        <name>Fairfax Financial Holdings Ltd.</name>
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        <name>Fortress Transportation and Infrastructure Investors LLC</name>
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        <name>AECOM</name>
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        <title>AECOM</title>
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      <invstOrSec>
        <name>GCI LLC</name>
        <lei>549300N3IE9H88Q20221</lei>
        <title>GCI LLC</title>
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          <isin value="US36166TAB61"/>
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        <curCd>USD</curCd>
        <valUSD>28041.23000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-15</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>SLM Corp.</name>
        <lei>N/A</lei>
        <title>SLM Corp.</title>
        <cusip>78442PGF7</cusip>
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          <isin value="US78442PGF71"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>31489.05000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Mitsubishi UFJ Financial Group, Inc.</name>
        <lei>353800V2V8PUY9TK3E06</lei>
        <title>Mitsubishi UFJ Financial Group, Inc.</title>
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          <isin value="US606822CC61"/>
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        <balance>380000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>367959.23000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-19</maturityDt>
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          <annualizedRt>2.34100000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PennyMac Financial Services, Inc.</name>
        <lei>549300W1D516HBDEU871</lei>
        <title>PennyMac Financial Services, Inc.</title>
        <cusip>70932MAE7</cusip>
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          <isin value="US70932MAE75"/>
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        <balance>27000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27982.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.12500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>WNC Corp.</name>
        <lei>N/A</lei>
        <title>WNC Corp.</title>
        <cusip>N/A</cusip>
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          <isin value="TW0006285000"/>
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        <balance>1000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bayview Commercial Asset Trust</name>
        <lei>N/A</lei>
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          <isin value="US07324NAB91"/>
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        <balance>4686.88000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4483.39000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-25</maturityDt>
          <couponKind>Floating</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pentair Finance SARL</name>
        <lei>549300H2U8U8TZPV3T89</lei>
        <title>Pentair Finance SARL</title>
        <cusip>709629AS8</cusip>
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          <isin value="US709629AS88"/>
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        <balance>190000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>198499.91000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.90000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Icahn Enterprises LP</name>
        <lei>N/A</lei>
        <title>Icahn Enterprises LP</title>
        <cusip>451102CK1</cusip>
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          <isin value="US451102CK14"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>34650.84000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
        <cusip>36202E7F0</cusip>
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          <isin value="US36202E7F09"/>
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        <balance>4965.63000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4750.59000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>3138WHNX6</cusip>
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          <isin value="US3138WHNX65"/>
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        <balance>4876.70350000</balance>
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        <curCd>USD</curCd>
        <valUSD>4695.48000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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      <invstOrSec>
        <name>NVR, Inc.</name>
        <lei>529900RWXR4JI3JYTV70</lei>
        <title>NVR, Inc.</title>
        <cusip>62944T105</cusip>
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          <isin value="US62944T1051"/>
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        <balance>36.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>265883.76000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cheniere Corpus Christi Holdings LLC</name>
        <lei>549300I7CIEWU1BBLQ53</lei>
        <title>Cheniere Corpus Christi Holdings LLC</title>
        <cusip>16412XAG0</cusip>
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          <isin value="US16412XAG07"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>30281.22000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-30</maturityDt>
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          <annualizedRt>5.12500000</annualizedRt>
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      <invstOrSec>
        <name>FS KKR Capital Corp.</name>
        <lei>549300TYRSI1T21B1360</lei>
        <title>FS KKR Capital Corp.</title>
        <cusip>302635AK3</cusip>
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          <isin value="US302635AK33"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
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      <invstOrSec>
        <name>Diversified Healthcare Trust</name>
        <lei>N/A</lei>
        <title>Diversified Healthcare Trust</title>
        <cusip>25525PAB3</cusip>
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          <isin value="US25525PAB31"/>
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        <balance>45000.00000000</balance>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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      <invstOrSec>
        <name>Northrop Grumman Corp.</name>
        <lei>RIMU48P07456QXSO0R61</lei>
        <title>Northrop Grumman Corp.</title>
        <cusip>666807102</cusip>
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          <isin value="US6668071029"/>
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        <balance>1052.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NN Group NV</name>
        <lei>724500OHYNDT9OY6Q215</lei>
        <title>NN Group NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0010773842"/>
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        <balance>6074.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>NL</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
        <cusip>21H040673</cusip>
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          <isin value="US21H0406734"/>
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        <balance>444000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>412751.41000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Enova International, Inc.</name>
        <lei>549300O8XOCQSB49UO63</lei>
        <title>Enova International, Inc.</title>
        <cusip>29357KAK9</cusip>
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          <isin value="US29357KAK97"/>
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        <balance>49000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>51586.06000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.12500000</annualizedRt>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
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          <isin value="US3138YTMU55"/>
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      <invstOrSec>
        <name>Helix Energy Solutions Group, Inc.</name>
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      <invstOrSec>
        <name>KLA Corp.</name>
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      <invstOrSec>
        <name>Curtiss-Wright Corp.</name>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
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          <isin value="US3140J7X911"/>
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        <name>ENEOS Holdings, Inc.</name>
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        <name>Owens Corning</name>
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      <invstOrSec>
        <name>United States of America</name>
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        <title>U.S. Treasury Bonds</title>
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          <isin value="US912810RD28"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Algoma Steel, Inc.</name>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Uniform Mortgage-Backed Securities</title>
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          <isin value="US3132DM7D19"/>
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      <invstOrSec>
        <name>One 97 Communications Ltd.</name>
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        <name>T-Mobile USA, Inc.</name>
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        <name>Sony Group Corp.</name>
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        <title>Sony Group Corp.</title>
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        <name>Bristol-Myers Squibb Co.</name>
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        <name>N/A</name>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
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      <invstOrSec>
        <name>Whirlpool Corp.</name>
        <lei>WHENKOULSSK7WUM60H03</lei>
        <title>Whirlpool Corp.</title>
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      <invstOrSec>
        <name>CSL Ltd.</name>
        <lei>529900ECSECK5ZDQTE14</lei>
        <title>CSL Ltd.</title>
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          <isin value="AU000000CSL8"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>TechnipFMC plc</name>
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        <name>Alibaba Group Holding Ltd.</name>
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        <name>Eli Lilly &amp; Co.</name>
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        <name>Post Holdings, Inc.</name>
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        <name>NVIDIA Corp.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Great Lakes Dredge &amp; Dock Corp.</name>
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        <name>Link REIT</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Elastic NV</name>
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        <name>Icon Investments Six DAC</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Government National Mortgage Association</name>
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        <name>CJ Corp.</name>
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        <name>Kinder Morgan Energy Partners LP</name>
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        <name>Cigna Group (The)</name>
        <lei>549300VIWYMSIGT1U456</lei>
        <title>Cigna Group (The)</title>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Informa plc</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Zhejiang Leapmotor Technology Co. Ltd.</name>
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        <name>Federal National Mortgage Association or Federal Home Loan Mortgage Corp.</name>
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        <name>OneMain Finance Corp.</name>
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        <name>Neurocrine Biosciences, Inc.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Intel Corp.</name>
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        <title>Intel Corp.</title>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Washington Mutual Bank</name>
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        <name>Government National Mortgage Association</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Tampa Electric Co.</name>
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        <name>Asahi Kasei Corp.</name>
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        <name>Telecom Italia Capital SA</name>
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        <name>Government National Mortgage Association</name>
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        <name>Japan Post Bank Co. Ltd.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Starwood Property Trust, Inc.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Government National Mortgage Association</name>
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        <name>Sabre GLBL, Inc.</name>
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        <name>Government National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Recruit Holdings Co. Ltd.</name>
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        <name>CBRE Services, Inc.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Toronto-Dominion Bank (The)</name>
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        <name>Toll Brothers, Inc.</name>
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        <name>Fox Corp.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>JB Hi-Fi Ltd.</name>
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        <name>Sonic Healthcare Ltd.</name>
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        <name>Waste Connections, Inc.</name>
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        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <name>JD.com, Inc.</name>
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        <name>HD Hyundai Heavy Industries Co. Ltd.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Government National Mortgage Association</name>
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        <name>American Express Co.</name>
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        <name>Zimmer Biomet Holdings, Inc.</name>
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        <name>Markel Group, Inc.</name>
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        <name>PulteGroup, Inc.</name>
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        <name>Ecolab, Inc.</name>
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        <name>Uber Technologies, Inc.</name>
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        <name>Spotify Technology SA</name>
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        <name>Eldorado Gold Corp.</name>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Allstate Corp. (The)</name>
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        <name>Autodesk, Inc.</name>
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        <name>CSFB Mortgage-Backed Pass-Through Certificates</name>
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        <name>Government National Mortgage Association</name>
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        <name>AVI Ltd.</name>
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        <name>Windstream Services LLC</name>
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        <name>Edison International</name>
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        <name>Federal National Mortgage Association</name>
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        <name>MGIC Investment Corp.</name>
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        <title>MGIC Investment Corp.</title>
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        <name>Government National Mortgage Association</name>
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      <invstOrSec>
        <name>Merck &amp; Co., Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Embraer SA</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Mastercard, Inc.</name>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
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      <invstOrSec>
        <name>TotalEnergies Capital SA</name>
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        <title>TotalEnergies Capital SA</title>
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      <invstOrSec>
        <name>Barclays plc</name>
        <lei>213800LBQA1Y9L22JB70</lei>
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        <invCountry>GB</invCountry>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>3132DMY58</cusip>
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          <isin value="US3132DMY580"/>
          <other otherDesc="Inhouse Asset ID" value="3132DMY58"/>
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        <balance>62405.39480000</balance>
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        <curCd>USD</curCd>
        <valUSD>49984.71000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>AT&amp;T, Inc.</name>
        <lei>549300Z40J86GGSTL398</lei>
        <title>AT&amp;T, Inc.</title>
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          <isin value="US00206R1023"/>
          <other otherDesc="Inhouse Asset ID" value="00206R102"/>
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        <balance>29750.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>31417F4J4</cusip>
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          <isin value="US31417F4J46"/>
          <other otherDesc="Inhouse Asset ID" value="31417F4J4"/>
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        <balance>21941.07000000</balance>
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        <curCd>USD</curCd>
        <valUSD>19793.87000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>JPMorgan Chase &amp; Co.</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMorgan Chase &amp; Co.</title>
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          <isin value="US46647PBR64"/>
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        <balance>6000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>3132DM2S3</cusip>
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          <isin value="US3132DM2S33"/>
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      <invstOrSec>
        <name>Federal National Mortgage Association or Federal Home Loan Mortgage Corp.</name>
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        <cusip>01F020679</cusip>
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          <isin value="US01F0206791"/>
          <other otherDesc="Inhouse Asset ID" value="BYDDE7T68"/>
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        <balance>150000.00000000</balance>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>3138WF4T0</cusip>
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          <isin value="US3138WF4T07"/>
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        <balance>856.71000000</balance>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Pfizer, Inc.</name>
        <lei>765LHXWGK1KXCLTFYQ30</lei>
        <title>Pfizer, Inc.</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>BNP Paribas SA</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
        <title>BNP Paribas SA</title>
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      <invstOrSec>
        <name>Summit Midstream Holdings LLC</name>
        <lei>N/A</lei>
        <title>Summit Midstream Holdings LLC</title>
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        <balance>24000.00000000</balance>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>3140JSAE9</cusip>
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          <isin value="US3140JSAE97"/>
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        <balance>30241.92210000</balance>
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        <curCd>USD</curCd>
        <valUSD>24350.53000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
          <maturityDt>2051-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Persistent Systems Ltd.</name>
        <lei>3358006QYD77Z66S1J89</lei>
        <title>Persistent Systems Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE262H01021"/>
          <other otherDesc="Inhouse Asset ID" value="SBLC87W90"/>
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        <balance>80.00000000</balance>
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        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
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        <payoffProfile>Long</payoffProfile>
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      <invstOrSec>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
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      <invstOrSec>
        <name>Voltas Ltd.</name>
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      <invstOrSec>
        <name>Pitney Bowes, Inc.</name>
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        <name>Home Depot, Inc. (The)</name>
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        <name>Genting New York LLC</name>
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        <name>Taiwan Semiconductor Manufacturing Co. Ltd.</name>
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        <name>Republic of Chile</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NVIDIA Corp.</name>
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        <name>Shopify, Inc.</name>
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        <name>Government National Mortgage Association</name>
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        <title>Government National Mortgage Association</title>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>GE Vernova T&amp;D India Ltd.</name>
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        <name>Government National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Pentair plc</name>
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        <name>QXO Building Products, Inc.</name>
        <lei>549300HDXQWWCBOYXP31</lei>
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      <invstOrSec>
        <name>Capital One Financial Corp.</name>
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        <name>Federal National Mortgage Association</name>
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      <invstOrSec>
        <name>McKesson Corp.</name>
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        <name>Snap, Inc.</name>
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        <name>Tenet Healthcare Corp.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Kia Corp.</name>
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        <name>American Tower Corp.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Government National Mortgage Association</name>
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        <name>United States of America</name>
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        <name>InterGlobe Aviation Ltd.</name>
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        <name>United States of America</name>
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      <invstOrSec>
        <name>American Airlines Pass-Through Trust</name>
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      <invstOrSec>
        <name>Taylor Morrison Home Corp.</name>
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        <name>Stewart Information Services Corp.</name>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Tesla, Inc.</name>
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        <name>United States of America</name>
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        <name>Energisa SA</name>
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        <name>Directv Financing LLC</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Government National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Bank of America Corp.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Level 3 Financing, Inc.</name>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
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        <name>N/A</name>
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              <counterpartyName>CME Clearing House</counterpartyName>
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        <name>Cheniere Corpus Christi Holdings LLC</name>
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        <name>Shimizu Corp.</name>
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        <title>Shimizu Corp.</title>
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        <name>Braskem SA</name>
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          <isin value="BRBRKMACNPA4"/>
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        <invCountry>BR</invCountry>
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        <name>United States of America</name>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
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          <isin value="US31412QM894"/>
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      <invstOrSec>
        <name>PVR Inox Ltd.</name>
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        <name>IEIT Systems Co. Ltd.</name>
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        <name>SG Mortgage Securities Trust</name>
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        <name>Taseko Mines Ltd.</name>
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        <invCountry>CA</invCountry>
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        <name>Lowe's Cos., Inc.</name>
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        <name>Nucor Corp.</name>
        <lei>549300GGJCRSI2TIEJ46</lei>
        <title>Nucor Corp.</title>
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        <name>Bank of America Corp.</name>
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        <name>Arista Networks, Inc.</name>
        <lei>635400H1WKBLOQERUU95</lei>
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        <name>Rain Carbon, Inc.</name>
        <lei>25490038N6JQH7QXUK52</lei>
        <title>Rain Carbon, Inc.</title>
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        <name>IXIS Real Estate Capital Trust</name>
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      <invstOrSec>
        <name>Baltimore Gas &amp; Electric Co.</name>
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        <name>Gilead Sciences, Inc.</name>
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        <name>NVIDIA Corp.</name>
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        <name>Phinia, Inc.</name>
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        <name>NXP BV</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Zimmer Biomet Holdings, Inc.</name>
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        <name>Viridien</name>
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        <name>United Parcel Service, Inc.</name>
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        <name>Government National Mortgage Association</name>
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        <name>Wolverine World Wide, Inc.</name>
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        <name>Government National Mortgage Association</name>
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        <name>Thales SA</name>
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        <name>United States of America</name>
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        <name>Brinker International, Inc.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Innovent Biologics, Inc.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Morgan Stanley</name>
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        <name>Assurant, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Government National Mortgage Association</name>
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        <name>Baidu, Inc.</name>
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        <name>Government National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Government National Mortgage Association</name>
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        <name>Exelon Corp.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Bear Stearns Asset-Backed Securities I Trust</name>
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        <name>Rakuten Group, Inc.</name>
        <lei>529900IMXUCQKUL1H943</lei>
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        <name>Pro Medicus Ltd.</name>
        <lei>N/A</lei>
        <title>Pro Medicus Ltd.</title>
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        <name>FS KKR Capital Corp.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Siemens Energy India Ltd.</name>
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        <name>United States of America</name>
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        <name>SK Invictus Intermediate II SARL</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <issuerCat>USGSE</issuerCat>
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        <name>RELX Capital, Inc.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Schneider Electric SE</name>
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        <name>Nissan Motor Acceptance Co. LLC</name>
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        <name>Barrick Mining Corp.</name>
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        <name>Intuit, Inc.</name>
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        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <name>HealthEquity, Inc.</name>
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        <name>Public Service Electric &amp; Gas Co.</name>
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        <name>Federal National Mortgage Association</name>
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      <invstOrSec>
        <name>Tokyo Electron Ltd.</name>
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        <name>Sinclair Television Group, Inc.</name>
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        <name>Alkem Laboratories Ltd.</name>
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        <name>Max Financial Services Ltd.</name>
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        <name>CSC Holdings LLC</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>ACE Securities Corp. Home Equity Loan Trust</name>
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        <name>Bath &amp; Body Works, Inc.</name>
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        <name>Government National Mortgage Association</name>
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        <name>VeriSign, Inc.</name>
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        <name>Great-West Lifeco, Inc.</name>
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        <name>PNC Financial Services Group, Inc. (The)</name>
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        <name>Hermes International SCA</name>
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        <name>Hyosung TNC Corp.</name>
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        <name>Origen Manufactured Housing Contract Trust</name>
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        <name>Home Depot, Inc. (The)</name>
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        <name>Telefonaktiebolaget LM Ericsson</name>
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        <name>Resona Holdings, Inc.</name>
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        <name>American Tower Corp.</name>
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        <name>Ventas Realty LP</name>
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        <name>Government National Mortgage Association</name>
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        <title>Government National Mortgage Association</title>
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        <name>Lehman Brothers Holdings, Inc.</name>
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        <invCountry>JP</invCountry>

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        <fairValLevel>3</fairValLevel>
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        <name>Amundi SA</name>
        <lei>96950010FL2T1TJKR531</lei>
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        <name>VeriSign, Inc.</name>
        <lei>LMPL4N8ZOJRMF0KOF759</lei>
        <title>VeriSign, Inc.</title>
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        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
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        <name>Ultrapar Participacoes SA</name>
        <lei>529900FU4XBXGQMLRE72</lei>
        <title>Ultrapar Participacoes SA</title>
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        <name>Banco Santander SA</name>
        <lei>5493006QMFDDMYWIAM13</lei>
        <title>Banco Santander SA</title>
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        <invCountry>ES</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UWM Holdings LLC</name>
        <lei>N/A</lei>
        <title>UWM Holdings LLC</title>
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        <name>Enel SpA</name>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Cisco Systems, Inc.</name>
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        <name>Chicony Electronics Co. Ltd.</name>
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        <name>Eiffage SA</name>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
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        <name>Quanta Services, Inc.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>N/A</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Nationstar Mortgage Holdings, Inc.</name>
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        <name>Realtek Semiconductor Corp.</name>
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        <name>Novo Nordisk A/S</name>
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        <name>Government National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Japan Post Insurance Co. Ltd.</name>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
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      <invstOrSec>
        <name>Enpro, Inc.</name>
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      <invstOrSec>
        <name>Carvana Co.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CSC Holdings LLC</name>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-05-15</maturityDt>
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        <name>AHP Health Partners, Inc.</name>
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        <balance>29000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Federal Home Loan Mortgage Corp.</title>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Bizlink Holding, Inc.</name>
        <lei>213800YAKRFVU5XOX138</lei>
        <title>Bizlink Holding, Inc.</title>
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          <isin value="KYG114741062"/>
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        <invCountry>KY</invCountry>

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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>3138M1YD4</cusip>
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          <isin value="US3138M1YD43"/>
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        <balance>1882.61000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Canadian National Railway Co.</name>
        <lei>3SU7BEP7TH9YEQOZCS77</lei>
        <title>Canadian National Railway Co.</title>
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          <isin value="CA1363751027"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Credit Suisse Mortgage Capital Certificates</name>
        <lei>N/A</lei>
        <title>Credit Suisse Mortgage Capital Certificates, Series 2009-12R, Class 3A1</title>
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          <isin value="US12642MAJ99"/>
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          <couponKind>Fixed</couponKind>
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        <name>Mizuho Financial Group, Inc.</name>
        <lei>353800CI5L6DDAN5XZ33</lei>
        <title>Mizuho Financial Group, Inc.</title>
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        <balance>500000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>3138WFNC6</cusip>
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          <isin value="US3138WFNC62"/>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>PennyMac Financial Services, Inc.</name>
        <lei>549300W1D516HBDEU871</lei>
        <title>PennyMac Financial Services, Inc.</title>
        <cusip>70932MAF4</cusip>
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          <isin value="US70932MAF41"/>
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        <balance>35000.00000000</balance>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Oracle Corp.</name>
        <lei>1Z4GXXU7ZHVWFCD8TV52</lei>
        <title>Oracle Corp.</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Federal National Mortgage Association or Federal Home Loan Mortgage Corp.</name>
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        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>01F040677</cusip>
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          <isin value="US01F0406771"/>
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        <balance>375000.00000000</balance>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2055-07-25</maturityDt>
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      <invstOrSec>
        <name>J.P. Morgan Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>J.P. Morgan Alternative Loan Trust, Series 2007-A1, Class 1A4</title>
        <cusip>466287AD1</cusip>
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          <isin value="US466287AD10"/>
          <other otherDesc="Inhouse Asset ID" value="466287AD1"/>
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        <balance>17519.05000000</balance>
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        <curCd>USD</curCd>
        <valUSD>14501.82000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
          <maturityDt>2037-03-25</maturityDt>
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          <annualizedRt>4.85367840</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TSMC Arizona Corp.</name>
        <lei>2549005GOBWLCSY63Q97</lei>
        <title>TSMC Arizona Corp.</title>
        <cusip>872898AE1</cusip>
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      <invstOrSec>
        <name>Veeva Systems, Inc.</name>
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        <name>Deutsche Bank AG</name>
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        <name>N/A</name>
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          <other otherDesc="Future Ticker" value="TPU5 Index"/>
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        <name>Avis Budget Car Rental LLC</name>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Federal National Mortgage Association</name>
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          <isin value="US31418EKK54"/>
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      <invstOrSec>
        <name>ROBLOX Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Synchrony Financial</name>
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        <name>Daiwa Securities Group, Inc.</name>
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        <name>Aristocrat Leisure Ltd.</name>
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        <name>UnitedHealth Group, Inc.</name>
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        <title>UnitedHealth Group, Inc.</title>
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        <invCountry>US</invCountry>
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        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
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        <name>AerCap Ireland Capital DAC</name>
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        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <cusip>31402RDH9</cusip>
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        <balance>41335.21000000</balance>
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        <name>NRG Energy, Inc.</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
        <title>NRG Energy, Inc.</title>
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        <name>Federal National Mortgage Association or Federal Home Loan Mortgage Corp.</name>
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        <name>Autodesk, Inc.</name>
        <lei>FRKKVKAIQEF3FCSTPG55</lei>
        <title>Autodesk, Inc.</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Valaris Ltd.</name>
        <lei>N/A</lei>
        <title>Valaris Ltd.</title>
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          <isin value="US91889FAC59"/>
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        <curCd>USD</curCd>
        <valUSD>40012.99000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>Walgreens Boots Alliance, Inc.</name>
        <lei>549300RPTUOIXG4LIH86</lei>
        <title>Walgreens Boots Alliance, Inc.</title>
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          <isin value="US931427AW86"/>
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        <balance>64000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>67876.87000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.12500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Universal Health Services, Inc.</name>
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        <title>Universal Health Services, Inc., Class B</title>
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        <balance>956.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>31427MG21</cusip>
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          <isin value="US31427MG216"/>
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        <balance>97443.38620000</balance>
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        <curCd>USD</curCd>
        <valUSD>101210.38000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>3138WFYN0</cusip>
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          <isin value="US3138WFYN09"/>
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        <balance>7517.25000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7252.64000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Alfa Laval AB</name>
        <lei>549300UCKT2UK88AG251</lei>
        <title>Alfa Laval AB</title>
        <cusip>N/A</cusip>
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          <isin value="SE0000695876"/>
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        <balance>6532.00000000</balance>
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        <currencyConditional curCd="SEK" exchangeRt="9.46090000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ventas, Inc.</name>
        <lei>ORQTRC074CWLT3DKHT41</lei>
        <title>Ventas, Inc.</title>
        <cusip>92276F100</cusip>
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          <isin value="US92276F1003"/>
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        <balance>2170.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bajaj Finserv Ltd.</name>
        <lei>3358001EH4I4IDMGQ326</lei>
        <title>Bajaj Finserv Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE918I01026"/>
          <other otherDesc="Inhouse Asset ID" value="BRY6QJ190"/>
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        <balance>1240.00000000</balance>
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        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>3138WJJ25</cusip>
        <identifiers>
          <isin value="US3138WJJ253"/>
          <other otherDesc="Inhouse Asset ID" value="3138WJJ25"/>
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        <balance>7399.80720000</balance>
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        <curCd>USD</curCd>
        <valUSD>7010.27000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>3138XHT76</cusip>
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          <isin value="US3138XHT767"/>
          <other otherDesc="Inhouse Asset ID" value="3138XHT76"/>
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        <balance>22818.49000000</balance>
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        <curCd>USD</curCd>
        <valUSD>22447.43000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>Tesco plc</name>
        <lei>2138002P5RNKC5W2JZ46</lei>
        <title>Tesco plc</title>
        <cusip>N/A</cusip>
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          <isin value="GB00BLGZ9862"/>
          <other otherDesc="Inhouse Asset ID" value="SBLGZ9860"/>
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        <balance>178701.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Keysight Technologies, Inc.</name>
        <lei>549300GLKVIO8YRCYN02</lei>
        <title>Keysight Technologies, Inc.</title>
        <cusip>49338LAE3</cusip>
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          <isin value="US49338LAE39"/>
          <other otherDesc="Inhouse Asset ID" value="49338LAE3"/>
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        <balance>620000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>622437.57000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.60000000</annualizedRt>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>31410KXL3</cusip>
        <identifiers>
          <isin value="US31410KXL33"/>
          <other otherDesc="Inhouse Asset ID" value="31410KXL3"/>
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        <balance>4234.65000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4439.36000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>3140GYJX8</cusip>
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          <isin value="US3140GYJX82"/>
          <other otherDesc="Inhouse Asset ID" value="3140GYJX8"/>
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        <balance>22170.34740000</balance>
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        <curCd>USD</curCd>
        <valUSD>20338.05000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>Federal National Mortgage Association or Federal Home Loan Mortgage Corp.</name>
        <lei>N/A</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>01F020471</cusip>
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          <isin value="US01F0204713"/>
          <other otherDesc="Inhouse Asset ID" value="BYDK88WD8"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1141944.71000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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      <invstOrSec>
        <name>Uniti Group LP</name>
        <lei>N/A</lei>
        <title>Uniti Group LP</title>
        <cusip>91327TAA9</cusip>
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          <isin value="US91327TAA97"/>
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        <balance>64000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>67842.72000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.50000000</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Consolidated Edison, Inc.</name>
        <lei>54930033SBW53OO8T749</lei>
        <title>Consolidated Edison, Inc.</title>
        <cusip>209115104</cusip>
        <identifiers>
          <isin value="US2091151041"/>
          <other otherDesc="Inhouse Asset ID" value="209115104"/>
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        <balance>3513.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>352529.55000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Icahn Enterprises LP</name>
        <lei>N/A</lei>
        <title>Icahn Enterprises LP</title>
        <cusip>451102CJ4</cusip>
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          <isin value="US451102CJ41"/>
          <other otherDesc="Inhouse Asset ID" value="451102CJ4"/>
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        <balance>18000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16831.74000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
        <cusip>61747YEH4</cusip>
        <identifiers>
          <isin value="US61747YEH45"/>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>BeOne Medicines Ltd.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Honeywell International, Inc.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Chevron USA, Inc.</name>
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        <name>Credit Suisse First Boston Mortgage Securities Corp.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Visa, Inc.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Tencent Holdings Ltd.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Fox Corp.</name>
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      <invstOrSec>
        <name>Synchrony Financial</name>
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      <invstOrSec>
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      <invstOrSec>
        <name>McKesson Corp.</name>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
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        <name>Stantec, Inc.</name>
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        <name>N/A</name>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
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      <invstOrSec>
        <name>DSM-Firmenich AG</name>
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        <name>Jane Street Group</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>IHO Verwaltungs GmbH</name>
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        <name>Government National Mortgage Association</name>
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        <name>Arca Continental SAB de CV</name>
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        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
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        <name>United Mexican States</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>United Mexican States</title>
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      <invstOrSec>
        <name>Federal National Mortgage Association or Federal Home Loan Mortgage Corp.</name>
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        <issuerCat>USGSE</issuerCat>
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      <invstOrSec>
        <name>State Bank of India</name>
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      <invstOrSec>
        <name>Freedom Mortgage Corp.</name>
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        <name>ABB Ltd.</name>
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        <name>London Stock Exchange Group plc</name>
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        <name>Federal National Mortgage Association</name>
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        <name>BAE Systems plc</name>
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        <name>IG Group Holdings plc</name>
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        <name>Northern Star Resources Ltd.</name>
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        <name>Alaska Air Group, Inc.</name>
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        <name>Kinder Morgan Energy Partners LP</name>
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        <name>Government National Mortgage Association</name>
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        <name>Fukuoka Financial Group, Inc.</name>
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        <name>Meta Platforms, Inc.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Government National Mortgage Association</name>
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        <name>Koninklijke Ahold Delhaize NV</name>
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        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Costco Wholesale Corp.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>NVIDIA Corp.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Blue Star Ltd.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Alamos Gold, Inc.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Upbound Group, Inc.</name>
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        <name>Nokia OYJ</name>
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        <name>Loblaw Cos. Ltd.</name>
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        <name>Keysight Technologies, Inc.</name>
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        <name>Aon plc</name>
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        <name>Philip Morris International, Inc.</name>
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        <name>Public Service Electric &amp; Gas Co.</name>
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        <name>IndyMac INDX Mortgage Loan Trust</name>
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        <name>Fiserv, Inc.</name>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>DBS Group Holdings Ltd.</name>
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        <name>Kuehne + Nagel International AG</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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      <invstOrSec>
        <name>Phison Electronics Corp.</name>
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        <name>Viking Cruises Ltd.</name>
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        <name>Morgan Stanley</name>
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        <name>Marsh &amp; McLennan Cos., Inc.</name>
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        <name>HCA, Inc.</name>
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        <name>Palantir Technologies, Inc.</name>
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        <name>Ambev SA</name>
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        <name>VFH Parent LLC</name>
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        <name>Home Depot, Inc. (The)</name>
        <lei>QEKMOTMBBKA8I816DO57</lei>
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        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
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      <invstOrSec>
        <name>Comcast Corp.</name>
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      <invstOrSec>
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        <name>GoDaddy, Inc.</name>
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        <name>United States of America</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Fortinet, Inc.</name>
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        <name>Hugel, Inc.</name>
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        <name>BHP Group Ltd.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Cia de Saneamento de Minas Gerais Copasa MG</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Hindustan Zinc Ltd.</name>
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        <name>Government National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>United Utilities Group plc</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Government National Mortgage Association</name>
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        <name>Government National Mortgage Association</name>
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        <name>Connect Finco SARL</name>
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        <name>Viasat, Inc.</name>
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        <name>Cardinal Health, Inc.</name>
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        <name>Federal National Mortgage Association</name>
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      <invstOrSec>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Hyundai Rotem Co. Ltd.</name>
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        <name>United States of America</name>
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        <name>United States of America</name>
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        <name>Viking Cruises Ltd.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Bank of America Corp.</name>
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        <name>BCMSC Trust</name>
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        <name>US Bancorp</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>TEGNA, Inc.</name>
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        <name>TransDigm, Inc.</name>
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        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
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        <name>Federal National Mortgage Association</name>
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        <name>Aston Martin Capital Holdings Ltd.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>SunCoke Energy, Inc.</name>
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        <name>Eversource Energy</name>
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        <name>N/A</name>
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        <name>Mitsubishi UFJ Financial Group, Inc.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>NXP BV</name>
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        <name>HSBC Holdings plc</name>
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        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <name>Apollo Hospitals Enterprise Ltd.</name>
        <lei>3358005YT7JQCWYLTG43</lei>
        <title>Apollo Hospitals Enterprise Ltd.</title>
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        <invCountry>IN</invCountry>
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        <name>Centene Corp.</name>
        <lei>549300Z7JJ4TQSQGT333</lei>
        <title>Centene Corp.</title>
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        <name>BYD Co. Ltd.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Wartsila OYJ Abp</name>
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        <name>American Express Co.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Government National Mortgage Association</name>
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        <name>Iron Mountain, Inc.</name>
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        <name>Petronet LNG Ltd.</name>
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        <name>Ping An Insurance Group Co. of China Ltd.</name>
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        <title>Ping An Insurance Group Co. of China Ltd., Class H</title>
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        <name>Cognizant Technology Solutions Corp.</name>
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        <name>Motorola Solutions, Inc.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Multi Commodity Exchange of India Ltd.</name>
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        <name>JPMorgan Chase &amp; Co.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Computer Age Management Services Ltd.</name>
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        <name>MISUMI Group, Inc.</name>
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        <name>Energisa SA</name>
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        <name>Exelon Corp.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Government National Mortgage Association</name>
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        <name>Accton Technology Corp.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Colgate-Palmolive Co.</name>
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        <name>CBOE Global Markets, Inc.</name>
        <lei>529900RLNSGA90UPEH54</lei>
        <title>CBOE Global Markets, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Wix.com Ltd.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Federal National Mortgage Association</name>
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        <name>Allianz SE</name>
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        <name>Aethon United BR LP</name>
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        <name>Federal National Mortgage Association</name>
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      <invstOrSec>
        <name>3M Co.</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Denso Corp.</name>
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        <title>Denso Corp.</title>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Progressive Corp. (The)</name>
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        <name>Penumbra, Inc.</name>
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        <title>Penumbra, Inc.</title>
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        <name>Aker BP ASA</name>
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        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <name>United States of America</name>
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        <name>N/A</name>
        <lei>N/A</lei>
        <title>CDI</title>
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        <name>PulteGroup, Inc.</name>
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        <name>MPH Acquisition Holdings LLC</name>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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      <invstOrSec>
        <name>Tutor Perini Corp.</name>
        <lei>549300FHXYVPW8LJ6D98</lei>
        <title>Tutor Perini Corp.</title>
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        <valUSD>34897.29000000</valUSD>
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        <name>Federal National Mortgage Association</name>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
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        <name>Cigna Group (The)</name>
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      <invstOrSec>
        <name>HLF Financing SARL LLC</name>
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      <invstOrSec>
        <name>Chevron Corp.</name>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Cigna Group (The)</name>
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        <name>United States of America</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>United States of America</name>
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      <invstOrSec>
        <name>CS Wind Corp.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>HSBC Holdings plc</name>
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        <invCountry>GB</invCountry>
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        <name>Keyera Corp.</name>
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        <title>Keyera Corp.</title>
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        <name>Credit Agricole SA</name>
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        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
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        <name>Atlassian Corp.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Shree Cement Ltd.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>SGS SA</name>
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        <name>Government National Mortgage Association</name>
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        <name>Halliburton Co.</name>
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        <name>ConocoPhillips</name>
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        <name>Oceaneering International, Inc.</name>
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        <name>ONEOK, Inc.</name>
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      <invstOrSec>
        <name>Starwood Property Trust, Inc.</name>
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        <name>Government National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
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      <invstOrSec>
        <name>Federal National Mortgage Association or Federal Home Loan Mortgage Corp.</name>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
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        <invCountry>US</invCountry>
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        <name>Flex Ltd.</name>
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        <title>Flex Ltd.</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>E.ON SE</name>
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        <invCountry>DE</invCountry>
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        <name>Lehman Brothers Holdings, Inc.</name>
        <lei>549300FDK6ZP3YIHRJ47</lei>
        <title>Lehman Brothers Holdings, Inc.</title>
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        <name>Ambac Assurance Corp.</name>
        <lei>549300RYYRVPPB8NC636</lei>
        <title>Ambac Assurance Corp.</title>
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        <name>JPMorgan Chase &amp; Co.</name>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
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        <name>Charles Schwab Corp. (The)</name>
        <lei>549300VSGCJ7E698NM85</lei>
        <title>Charles Schwab Corp. (The)</title>
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        <name>Post Holdings, Inc.</name>
        <lei>JM1I5YUAURL6DC8N1468</lei>
        <title>Post Holdings, Inc.</title>
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        <name>Shell plc</name>
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        <title>Shell plc</title>
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        <name>Lennar Corp.</name>
        <lei>529900G61XVRLX5TJX09</lei>
        <title>Lennar Corp., Class A</title>
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        <name>Var Energi ASA</name>
        <lei>549300LIVN3FFOJN2K47</lei>
        <title>Var Energi ASA</title>
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          <isin value="NO0011202772"/>
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        <balance>10323.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
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      <invstOrSec>
        <name>Canadian National Railway Co.</name>
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        <name>N/A</name>
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      <invstOrSec>
        <name>Carvana Co.</name>
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      <invstOrSec>
        <name>Tyson Foods, Inc.</name>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
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      <invstOrSec>
        <name>Tata Consultancy Services Ltd.</name>
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        <invCountry>IN</invCountry>
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      <invstOrSec>
        <name>Blackstone Mortgage Trust, Inc.</name>
        <lei>549300OLDJ20R2Y2UW20</lei>
        <title>Blackstone Mortgage Trust, Inc.</title>
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      <invstOrSec>
        <name>Targa Resources Corp.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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      <invstOrSec>
        <name>Deluxe Corp.</name>
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        <name>Coromandel International Ltd.</name>
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        <name>JPMorgan Chase &amp; Co.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Santander UK Group Holdings plc</name>
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      <invstOrSec>
        <name>Aselsan Elektronik Sanayi ve Ticaret A/S</name>
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        <name>RioCan REIT</name>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
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      <invstOrSec>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>CVR Energy, Inc.</name>
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      <invstOrSec>
        <name>International Business Machines Corp.</name>
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        <name>DuPont de Nemours, Inc.</name>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
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        <name>LPL Holdings, Inc.</name>
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        <name>ISA Energia Brasil SA</name>
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        <name>Genmab A/S</name>
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        <name>UltraTech Cement Ltd.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Primax Electronics Ltd.</name>
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        <name>Alphabet, Inc.</name>
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      <invstOrSec>
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        <name>Washington Mutual Mortgage Pass-Through Certificates WMALT Trust</name>
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        <name>ServiceNow, Inc.</name>
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        <name>Government National Mortgage Association</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Takeda Pharmaceutical Co. Ltd.</name>
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        <name>Government National Mortgage Association</name>
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        <name>Wheaton Precious Metals Corp.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Bharat Electronics Ltd.</name>
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        <name>United States of America</name>
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        <name>ENN Energy Holdings Ltd.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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      <invstOrSec>
        <name>Exelon Corp.</name>
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        <name>EZCORP, Inc.</name>
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        <name>Lowe's Cos., Inc.</name>
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        <name>KPIT Technologies Ltd.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Karoon USA Finance, Inc.</name>
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        <name>Coca-Cola Co. (The)</name>
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        <name>IQVIA Holdings, Inc.</name>
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        <name>IQVIA, Inc.</name>
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        <name>Government National Mortgage Association</name>
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        <name>Santander Holdings USA, Inc.</name>
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        <name>FactSet Research Systems, Inc.</name>
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        <name>Mitsui Fudosan Co. Ltd.</name>
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        <name>Insulet Corp.</name>
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        <name>Procter &amp; Gamble Co. (The)</name>
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        <name>Dixon Technologies India Ltd.</name>
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        <name>Light &amp; Wonder International, Inc.</name>
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        <name>King Yuan Electronics Co. Ltd.</name>
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        <name>Onto Innovation, Inc.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Government National Mortgage Association</name>
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        <name>Greenfire Resources Ltd.</name>
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        <name>PennyMac Financial Services, Inc.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Chord Energy Corp.</name>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
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      <invstOrSec>
        <name>One Market Plaza Trust</name>
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      <invstOrSec>
        <name>DaVita, Inc.</name>
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        <name>Trent Ltd.</name>
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        <invCountry>IN</invCountry>
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        <name>Federal National Mortgage Association</name>
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        <name>Mastercard, Inc.</name>
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        <name>Martin Marietta Materials, Inc.</name>
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        <name>California Resources Corp.</name>
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        <name>easyJet plc</name>
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        <name>Verizon Communications, Inc.</name>
        <lei>2S72QS2UO2OESLG6Y829</lei>
        <title>Verizon Communications, Inc.</title>
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        <name>Sinbon Electronics Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Sinbon Electronics Co. Ltd.</title>
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        <name>Diageo Capital plc</name>
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        <invCountry>GB</invCountry>
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        <name>Lehman ABS Manufactured Housing Contract Trust</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Federal Home Loan Mortgage Corp.</title>
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        <name>United States of America</name>
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        <issuerCat>UST</issuerCat>
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        <name>Eversource Energy</name>
        <lei>SJ7XXD41SQU3ZNWUJ746</lei>
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        <invCountry>US</invCountry>
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          <maturityDt>2026-08-15</maturityDt>
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      <invstOrSec>
        <name>HSBC Holdings plc</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
        <title>HSBC Holdings plc</title>
        <cusip>404280EX3</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
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          <isin value="US36179N2J68"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Alternative Loan Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NXP BV</name>
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        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2031-05-11</maturityDt>
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      <invstOrSec>
        <name>Xiaomi Corp.</name>
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      <invstOrSec>
        <name>Amgen, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>N/A</name>
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        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>Barclays Bank</counterpartyName>
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      <invstOrSec>
        <name>Smiths Group plc</name>
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        <title>Smiths Group plc</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Conseco Finance Securitizations Corp.</name>
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          <isin value="US20846QEQ73"/>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
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          <isin value="US3138WJH273"/>
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        <curCd>USD</curCd>
        <valUSD>10351.11000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Federal Home Loan Mortgage Corp.</title>
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          <isin value="US31335CCX02"/>
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        <balance>4242.65190000</balance>
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        <curCd>USD</curCd>
        <valUSD>4249.58000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2048-11-01</maturityDt>
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      <invstOrSec>
        <name>Microsoft Corp.</name>
        <lei>INR2EJN1ERAN0W5ZP974</lei>
        <title>Microsoft Corp.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <name>GSAMP Trust</name>
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          <isin value="US362429AG74"/>
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        <balance>25000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Foot Locker, Inc.</name>
        <lei>549300X383CBNP6MTV94</lei>
        <title>Foot Locker, Inc.</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>ORIX Corp.</name>
        <lei>35380016EMHNBOVYE123</lei>
        <title>ORIX Corp.</title>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Federal National Mortgage Association</title>
        <cusip>3138EP6D1</cusip>
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          <isin value="US3138EP6D18"/>
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        <balance>3337.23000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3195.80000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <name>Dino Polska SA</name>
        <lei>259400H4L81SMPRTW956</lei>
        <title>Dino Polska SA</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
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      <invstOrSec>
        <name>Zhejiang NHU Co. Ltd.</name>
        <lei>655600NJSJADB39G3P54</lei>
        <title>Zhejiang NHU Co. Ltd., Class A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE000001J84"/>
          <other otherDesc="Inhouse Asset ID" value="SBD5CH662"/>
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        <balance>28200.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Federal Home Loan Mortgage Corp.</title>
        <cusip>3132HNDN6</cusip>
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          <other otherDesc="Inhouse Asset ID" value="3132HNDN6"/>
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        <balance>1500.54000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1413.96000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>East Money Information Co. Ltd.</name>
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        <name>Government National Mortgage Association</name>
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        <name>Adtalem Global Education, Inc.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Rio Tinto plc</name>
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        <name>Global Partners LP</name>
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        <name>Federal National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Compass Minerals International, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>N/A</name>
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      <invstOrSec>
        <name>Amber Enterprises India Ltd.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Labcorp Holdings, Inc.</name>
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        <name>United States of America</name>
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          <isin value="US91282CJT99"/>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Federal National Mortgage Association</name>
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          <isin value="US3140X83P09"/>
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        <name>JPMorgan Chase &amp; Co.</name>
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      <invstOrSec>
        <name>Crompton Greaves Consumer Electricals Ltd.</name>
        <lei>335800DIIEEWMH3UDH51</lei>
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        <invCountry>IN</invCountry>
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        <name>United States of America</name>
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        <name>Regeneron Pharmaceuticals, Inc.</name>
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        <name>Safran SA</name>
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        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <name>Citigroup, Inc.</name>
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        <title>Citigroup, Inc.</title>
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        <name>Morgan Stanley</name>
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        <title>Morgan Stanley</title>
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        <name>Federal National Mortgage Association</name>
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      <invstOrSec>
        <name>Ares Capital Corp.</name>
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      <invstOrSec>
        <name>Texas Instruments, Inc.</name>
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      <invstOrSec>
        <name>Nice Ltd.</name>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Rational AG</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Remitly Global, Inc.</name>
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        <name>Santos Ltd.</name>
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        <title>Santos Ltd.</title>
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        <name>Bear Stearns Asset-Backed Securities I Trust</name>
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        <name>Government National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Elbit Systems Ltd.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>United States of America</name>
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        <name>Techtronic Industries Co. Ltd.</name>
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        <name>Waste Connections, Inc.</name>
        <lei>549300HDLRTPBQU69P29</lei>
        <title>Waste Connections, Inc.</title>
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        <name>Teck Resources Ltd.</name>
        <lei>T8KI5SQ2JRWHL7XY0E11</lei>
        <title>Teck Resources Ltd., Class B</title>
        <cusip>878742204</cusip>
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        <name>Government National Mortgage Association</name>
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        <name>Government National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>TotalEnergies SE</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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      <invstOrSec>
        <name>Pentair Finance SARL</name>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
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        <name>Global Partners LP</name>
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        <name>United Airlines Pass-Through Trust</name>
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        <name>ReNew Energy Global plc</name>
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        <name>Engie SA</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Bear Stearns Asset-Backed Securities I Trust</name>
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        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
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        <name>MercadoLibre, Inc.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Federal Home Loan Mortgage Corp.</title>
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        <name>Natura &amp; Co. Holding SA</name>
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        <invCountry>BR</invCountry>
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        <name>Coupang, Inc.</name>
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        <name>Government National Mortgage Association</name>
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        <name>Venture Global LNG, Inc.</name>
        <lei>54930011XLBUWMQUC829</lei>
        <title>Venture Global LNG, Inc.</title>
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        <name>Federal National Mortgage Association</name>
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        <name>Garrett Motion Holdings, Inc.</name>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
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        <name>Federal National Mortgage Association</name>
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        <name>Burford Capital Global Finance LLC</name>
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        <name>AbbVie, Inc.</name>
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        <name>CWHEQ Revolving Home Equity Loan Trust</name>
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        <name>Intuit, Inc.</name>
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        <name>CRH America Finance, Inc.</name>
        <lei>549300WEVUODRJ4CWK56</lei>
        <title>CRH America Finance, Inc.</title>
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        <name>Keysight Technologies, Inc.</name>
        <lei>549300GLKVIO8YRCYN02</lei>
        <title>Keysight Technologies, Inc.</title>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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      <invstOrSec>
        <name>JetBlue Airways Corp.</name>
        <lei>N/A</lei>
        <title>JetBlue Airways Corp.</title>
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          <isin value="US476920AA15"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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          <isin value="US3138WJET11"/>
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        <curCd>USD</curCd>
        <valUSD>4640.66000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BYD Co. Ltd.</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Reinsurance Group of America, Inc.</name>
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        <title>Reinsurance Group of America, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>JBS NV</name>
        <lei>254900JSFON4WL81TW77</lei>
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          <isin value="BRJBSSBDR002"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Citigroup, Inc.</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup, Inc.</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Federal National Mortgage Association or Federal Home Loan Mortgage Corp.</name>
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          <isin value="US01F0324768"/>
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        <issuerCat>USGSE</issuerCat>
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        <name>Washington Mutual, Inc.</name>
        <lei>N/A</lei>
        <title>Washington Mutual Escrow Bonds</title>
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        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
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        <issuerCat>USGSE</issuerCat>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Regeneron Pharmaceuticals, Inc.</name>
        <lei>549300RCBFWIRX3HYQ56</lei>
        <title>Regeneron Pharmaceuticals, Inc.</title>
        <cusip>75886F107</cusip>
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        <balance>265.00000000</balance>
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        <valUSD>139125.00000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>CJ Logistics Corp.</name>
        <lei>988400MIXJ2YDYLYR916</lei>
        <title>CJ Logistics Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7000120006"/>
          <other otherDesc="Inhouse Asset ID" value="S64971120"/>
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        <balance>2527.00000000</balance>
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        <invCountry>KR</invCountry>
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      <invstOrSec>
        <name>ICICI Bank Ltd.</name>
        <lei>R7RX8ER1V4666J8D1I38</lei>
        <title>ICICI Bank Ltd.</title>
        <cusip>N/A</cusip>
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          <isin value="INE090A01021"/>
          <other otherDesc="Inhouse Asset ID" value="SBSZ2BY71"/>
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        <balance>3196.00000000</balance>
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        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Finning International, Inc.</name>
        <lei>549300QLDCP11KB6XW55</lei>
        <title>Finning International, Inc.</title>
        <cusip>318071404</cusip>
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          <isin value="CA3180714048"/>
          <other otherDesc="Inhouse Asset ID" value="318071404"/>
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        <balance>946.00000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.36175000"/>
        <valUSD>40445.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <name>Rio Tinto Finance USA plc</name>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Ajanta Pharma Ltd.</name>
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        <name>NetApp, Inc.</name>
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        <name>Qorvo, Inc.</name>
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        <name>Lojas Renner SA</name>
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        <invCountry>BR</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>DaVita, Inc.</name>
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        <name>GFL Environmental, Inc.</name>
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        <name>Government National Mortgage Association</name>
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        <title>Government National Mortgage Association</title>
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        <name>Uniti Group LP</name>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Zoetis, Inc.</name>
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        <name>TEGNA, Inc.</name>
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        <title>TEGNA, Inc.</title>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
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        <name>Intuit, Inc.</name>
        <lei>VI90HBPH7XSFMB9E4M29</lei>
        <title>Intuit, Inc.</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.20000000</annualizedRt>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
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        <name>CoreWeave, Inc.</name>
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        <name>ONEOK, Inc.</name>
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      <invstOrSec>
        <name>Birlasoft Ltd.</name>
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        <name>Darden Restaurants, Inc.</name>
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        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
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        <name>Citicorp Mortgage Securities Trust</name>
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        <name>HCA, Inc.</name>
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        <name>EOG Resources, Inc.</name>
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        <name>Oakwood Mortgage Investors, Inc.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Gilead Sciences, Inc.</name>
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        <name>ITD Cementation India Ltd.</name>
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        <name>Duke Energy Corp.</name>
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        <title>Duke Energy Corp.</title>
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        <name>Federal Home Loan Mortgage Corp.</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
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      <invstOrSec>
        <name>Sun Pharmaceutical Industries Ltd.</name>
        <lei>335800KJ7GE29LB4SS73</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Structured Asset Mortgage Investments II Trust</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Vallourec SACA</name>
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      <invstOrSec>
        <name>UnitedHealth Group, Inc.</name>
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        <name>United States of America</name>
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        <name>Givaudan SA</name>
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      <invstOrSec>
        <name>Viasat, Inc.</name>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
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          <isin value="US31417FR754"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Empire Co. Ltd.</name>
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        <name>Freedom Mortgage Corp.</name>
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        <title>Freedom Mortgage Corp.</title>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
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        <title>Government National Mortgage Association</title>
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        <name>Deutsche Telekom AG</name>
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        <name>FedEx Corp.</name>
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        <title>FedEx Corp.</title>
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        <name>Telefonica Brasil SA</name>
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        <name>Government National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <name>United States of America</name>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
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        <name>Rocket Cos., Inc.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Novartis AG</name>
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        <name>ONEOK, Inc.</name>
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        <name>O'Reilly Automotive, Inc.</name>
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        <name>Hyatt Hotels Corp.</name>
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        <name>Prosus NV</name>
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        <name>Diageo Capital plc</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Incyte Corp.</name>
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        <name>Odeon Finco plc</name>
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        <name>Visa, Inc.</name>
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        <name>Allstate Corp. (The)</name>
        <lei>OBT0W1ED8G0NWVOLOJ77</lei>
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        <name>Reliance, Inc.</name>
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        <title>Reliance, Inc.</title>
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        <name>ConocoPhillips Co.</name>
        <lei>6VJJ5GQWIRDQ06DUXG89</lei>
        <title>ConocoPhillips Co.</title>
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        <name>1261229 BC Ltd.</name>
        <lei>N/A</lei>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Crown Holdings, Inc.</name>
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        <name>NXP BV</name>
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        <name>Illinois Tool Works, Inc.</name>
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        <name>Government National Mortgage Association</name>
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        <name>Keyence Corp.</name>
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        <name>McDonald's Corp.</name>
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        <name>Apollo Tyres Ltd.</name>
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        <name>Capital One Financial Corp.</name>
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        <name>United States of America</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Allos SA</name>
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        <name>Bharti Airtel Ltd.</name>
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        <name>Government National Mortgage Association</name>
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        <name>United States of America</name>
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        <name>Cheniere Energy, Inc.</name>
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        <name>Citigroup, Inc.</name>
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        <name>Yum! Brands, Inc.</name>
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        <name>Lehman ABS Manufactured Housing Contract Trust</name>
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        <name>Government National Mortgage Association</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Oracle Corp.</name>
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        <name>Government National Mortgage Association</name>
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        <name>Industrivarden AB</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Government National Mortgage Association</name>
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        <name>Sprouts Farmers Market, Inc.</name>
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        <name>Government National Mortgage Association</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>International Consolidated Airlines Group SA</name>
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        <name>Willis North America, Inc.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Gerdau SA</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Morgan Stanley Bank NA</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>CPFL Energia SA</name>
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        <name>Coca-Cola Femsa SAB de CV</name>
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        <name>Samsung C&amp;T Corp.</name>
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        <name>Government National Mortgage Association</name>
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        <name>Shin-Etsu Chemical Co. Ltd.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>HTA Group Ltd.</name>
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        <name>MakeMyTrip Ltd.</name>
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        <name>Rambus, Inc.</name>
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        <name>Morgan Stanley</name>
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        <name>CACI International, Inc.</name>
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      <invstOrSec>
        <name>Bear Stearns Mortgage Funding Trust</name>
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        <name>Bank of Montreal</name>
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        <name>Auto Trader Group plc</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Long Beach Mortgage Loan Trust</name>
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        <name>Lam Research Corp.</name>
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        <title>Lam Research Corp.</title>
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        <name>Infosys Ltd.</name>
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        <title>Infosys Ltd.</title>
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        <name>Diageo Capital plc</name>
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        <title>Diageo Capital plc</title>
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        <invCountry>GB</invCountry>
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      <invstOrSec>
        <name>Centene Corp.</name>
        <lei>549300Z7JJ4TQSQGT333</lei>
        <title>Centene Corp.</title>
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        <name>N/A</name>
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        <name>Willis North America, Inc.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Morgan Stanley</name>
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        <name>Federal National Mortgage Association or Federal Home Loan Mortgage Corp.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Salesforce, Inc.</name>
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        <name>Level 3 Financing, Inc.</name>
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        <name>Deluxe Corp.</name>
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        <name>FS KKR Capital Corp.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Garmin Ltd.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Xero Ltd.</name>
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        <name>Alkermes plc</name>
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        <name>United Natural Foods, Inc.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>TransDigm, Inc.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Government National Mortgage Association</name>
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        <name>Solar Industries India Ltd.</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>Ivanhoe Mines Ltd.</name>
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        <name>Motorola Solutions, Inc.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>TransDigm, Inc.</name>
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      <invstOrSec>
        <name>Seegene, Inc.</name>
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        <name>Ryder System, Inc.</name>
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        <name>Pagseguro Digital Ltd.</name>
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        <name>Block, Inc.</name>
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        <name>Government National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Radico Khaitan Ltd.</name>
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        <name>Ares Capital Corp.</name>
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        <name>Hyundai Steel Co.</name>
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        <name>XPeng, Inc.</name>
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        <name>Deutsche Bank AG</name>
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        <name>American Express Co.</name>
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        <title>American Express Co.</title>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
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          <isin value="US31416VXQ21"/>
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        <name>Premier Entertainment Sub LLC</name>
        <lei>N/A</lei>
        <title>Premier Entertainment Sub LLC</title>
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      <invstOrSec>
        <name>Equinix, Inc.</name>
        <lei>549300EVUN2BTLJ3GT74</lei>
        <title>Equinix, Inc.</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>3140J7R64</cusip>
        <identifiers>
          <isin value="US3140J7R640"/>
          <other otherDesc="Inhouse Asset ID" value="3140J7R64"/>
        </identifiers>
        <balance>26555.28650000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>25871.83000000</valUSD>
        <pctVal>0.005576373633</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HLF Financing SARL LLC</name>
        <lei>N/A</lei>
        <title>HLF Financing SARL LLC</title>
        <cusip>40390DAC9</cusip>
        <identifiers>
          <isin value="US40390DAC92"/>
          <other otherDesc="Inhouse Asset ID" value="40390DAC9"/>
        </identifiers>
        <balance>21000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>17657.80000000</valUSD>
        <pctVal>0.003805934498</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>31418CZ98</cusip>
        <identifiers>
          <isin value="US31418CZ984"/>
          <other otherDesc="Inhouse Asset ID" value="31418CZ98"/>
        </identifiers>
        <balance>25325.77680000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>23958.29000000</valUSD>
        <pctVal>0.005163932225</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Coca-Cola Co. (The)</name>
        <lei>UWJKFUJFZ02DKWI3RY53</lei>
        <title>Coca-Cola Co. (The)</title>
        <cusip>191216DC1</cusip>
        <identifiers>
          <isin value="US191216DC18"/>
          <other otherDesc="Inhouse Asset ID" value="191216DC1"/>
        </identifiers>
        <balance>220000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>132095.50000000</valUSD>
        <pctVal>0.028471656751</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Federal Home Loan Mortgage Corp.</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Federal Home Loan Mortgage Corp.</title>
        <cusip>3128MABR9</cusip>
        <identifiers>
          <isin value="US3128MABR92"/>
          <other otherDesc="Inhouse Asset ID" value="3128MABR9"/>
        </identifiers>
        <balance>40626.86110000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>38137.56000000</valUSD>
        <pctVal>0.008220109827</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
        <cusip>36213FZ22</cusip>
        <identifiers>
          <isin value="US36213FZ227"/>
          <other otherDesc="Inhouse Asset ID" value="36213FZ22"/>
        </identifiers>
        <balance>4346.76000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4061.56000000</valUSD>
        <pctVal>0.000875422267</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>

      <explntrNote note="IBORs are undergoing a change as regulators and industry groups have recommended that firms consider adoption of alternative, overnight risk-free rates (RFRs). Floating rate swap terms reflected as Libors may be using the RFR to calculate the actual rate." noteItem="C.11.f.i.2"/>
      <explntrNote note="This amendment reflects updates made to the collateral values reported in Item C.12.a.(ii),  The values have now been corrected to ensure accurate reporting." noteItem="C.12.a"/>




      <explntrNote note="Monthly returns presented in B.5.a have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2025-06-30</ncom:dateSigned>
      <ncom:nameOfApplicant>BlackRock Series Fund, Inc.</ncom:nameOfApplicant>
      <ncom:signature>Chuck Pulsfort</ncom:signature>
      <ncom:signerName>Chuck Pulsfort</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
