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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>WELLS FARGO and CO</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>WELLS FARGO and CO NEW FRN SOFR+78 01/24/2028</title>
        <cusip>95000U3S0</cusip>
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          <isin value="US95000U3S00"/>
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        <curCd>USD</curCd>
        <valUSD>1502196.06000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-24</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04384734</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>ROYAL BANK OF CANADA</name>
        <lei>ES7IP3U3RHIGC71XBU11</lei>
        <title>ROYAL BANK OF CANADA 5.069%/VAR 07/23/2027</title>
        <cusip>78016HZX1</cusip>
        <identifiers>
          <isin value="US78016HZX15"/>
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        <balance>1700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1701922.97000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-23</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05069000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>T-MOBILE USA INC</name>
        <lei>549300V2JRLO5DIFGE82</lei>
        <title>T-MOBILE USA INC 3.75% 04/15/2027</title>
        <cusip>87264ABD6</cusip>
        <identifiers>
          <isin value="US87264ABD63"/>
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        <balance>2100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2091739.48000000</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>2027-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03750000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AMERICAN EXPRESS CO</name>
        <lei>R4PP93JZOLY261QX3811</lei>
        <title>AMERICAN EXPRESS CO 4.009%/VAR 02/09/2029</title>
        <cusip>025816EN5</cusip>
        <identifiers>
          <isin value="US025816EN59"/>
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        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1986085.14000000</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>2029-02-09</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04009000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CATERPILLAR FINL SVCS CORP</name>
        <lei>EDBQKYOPJUCJKLOJDE72</lei>
        <title>CATERPILLAR FINL SVCS CORP FRN SOFR+40 01/10/2028</title>
        <cusip>14913UBG4</cusip>
        <identifiers>
          <isin value="US14913UBG40"/>
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        <balance>2700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2700707.18000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04017303</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FORD CR FLOORPLN MAST OWN TR A</name>
        <lei>5493001DTG5N7T8BG747</lei>
        <title>FORD CR FLOORPLN MAST OWN TR A 5.29% 04/15/2029 144A</title>
        <cusip>34528QJA3</cusip>
        <identifiers>
          <isin value="US34528QJA31"/>
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        <balance>2330000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2352884.33000000</valUSD>
        <pctVal>0.311442342957</pctVal>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05290000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LLOYDS BANK CORPORATE MARKETS PLC NEW YORK BRANCH</name>
        <lei>213800MBWEIJDM5CU638</lei>
        <title>LLOYDS BANK CORPORATE MARKETS PLC NEW YORK BRH YCD SOFR+34 08/21/2026</title>
        <cusip>53947B4G2</cusip>
        <identifiers>
          <isin value="US53947B4G21"/>
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        <balance>2500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2499990.25000000</valUSD>
        <pctVal>0.330914193656</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-21</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.03960000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>STANDARD CHARTERED BANK NEW YORK BRANCH</name>
        <lei>RILFO74KP1CM8P6PCT96</lei>
        <title>STANDARD CHARTERED BANK NEW YORK BRH 4.718%/VAR 05/28/2029</title>
        <cusip>85325X2C9</cusip>
        <identifiers>
          <isin value="US85325X2C97"/>
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        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1501703.79000000</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>2029-05-28</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04718000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JPMORGAN CHASE and CO</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMORGAN CHASE and CO 2.947%/VAR 02/24/2028</title>
        <cusip>46647PCW4</cusip>
        <identifiers>
          <isin value="US46647PCW41"/>
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        <balance>2380000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2356355.15000000</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>2028-02-24</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.02947000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HSBC HOLDINGS PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
        <title>HSBC HOLDINGS PLC 2.013%/VAR 09/22/2028</title>
        <cusip>404280CL1</cusip>
        <identifiers>
          <isin value="US404280CL16"/>
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        <balance>700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>677631.88000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-22</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.02013000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WELLS FARGO and CO</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>WELLS FARGO and CO NEW 3.196%/VAR 06/17/2027</title>
        <cusip>95000U2F9</cusip>
        <identifiers>
          <isin value="US95000U2F97"/>
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        <balance>2200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2198802.14000000</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>2027-06-17</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.03196000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TOYOTA AUTO RECEIVABLES 2026-A OWNER TRUST</name>
        <lei>N/A</lei>
        <title>TOYOTA AUTO RECEIVABLES 2026-A A2A OWNER TRUST 4.14% 12/15/2028</title>
        <cusip>89240KAB4</cusip>
        <identifiers>
          <isin value="US89240KAB44"/>
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        <balance>2100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2096416.35000000</valUSD>
        <pctVal>0.277494652640</pctVal>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03800000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DLLAA 2025-1 LLC</name>
        <lei>N/A</lei>
        <title>DLLAA 2025-1 LLC 4.7% 10/20/2027 144A</title>
        <cusip>233249AB7</cusip>
        <identifiers>
          <isin value="US233249AB70"/>
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        <balance>207911.32000000</balance>
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        <curCd>USD</curCd>
        <valUSD>208339.80000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04700000</annualizedRt>
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        <name>AFFIRM ASSET SECURITIZATION TRUST 2025-X2</name>
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        <title>SEAFFIRM ASSET SECURITIZATION TRUST 2025-X2 4.66% 10/15/2030 144A</title>
        <cusip>00835DAA0</cusip>
        <identifiers>
          <isin value="US00835DAA00"/>
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        <balance>700767.62000000</balance>
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        <curCd>USD</curCd>
        <valUSD>701450.87000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04450000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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        <name>JACKSON NATL LIFE GLOBAL FDG</name>
        <lei>635400PQXLYXWJI5QD78</lei>
        <title>JACKSON NATL LIFE GLOBAL FDG FRN SOFR+89 06/09/2027 144A</title>
        <cusip>46849CJR3</cusip>
        <identifiers>
          <isin value="US46849CJR34"/>
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        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1502595.42000000</valUSD>
        <pctVal>0.198892836402</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-09</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04527859</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HALEON US CAPITAL LLC</name>
        <lei>549300N8C3A3L0UVQB07</lei>
        <title>HALEON US CAPITAL LLC 3.375% 03/24/2027</title>
        <cusip>36264FAK7</cusip>
        <identifiers>
          <isin value="US36264FAK75"/>
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        <balance>2200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2185558.34000000</valUSD>
        <pctVal>0.289294038555</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03375000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
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        <name>ATHENE GLOBAL FUNDING</name>
        <lei>549300LM1QSI4MSIL320</lei>
        <title>ATHENE GLOBAL FUNDING 4.86% 08/27/2026 144A</title>
        <cusip>04685A4A6</cusip>
        <identifiers>
          <isin value="US04685A4A66"/>
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        <balance>2300000.00000000</balance>
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        <curCd>USD</curCd>
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        <name>HONDA AUTO RECEIVABLES OWNER TRUS</name>
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      <invstOrSec>
        <name>STELLANTIS FINANCIAL UNDERWRITTEN ENHANCED LEASE TRUST 2025-C</name>
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        <name>DEUTSCHE BANK AG NEW YORK BNCH</name>
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        <fairValLevel>2</fairValLevel>
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        <name>EQUITABLE AMERICA GLOBAL FUNDING</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MARLETTE FUNDING TRUST 2025-1</name>
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        <name>TAOT 2023-A</name>
        <lei>N/A</lei>
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          <isin value="US891940AC27"/>
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          <couponKind>Fixed</couponKind>
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        <name>PNC FINANCIAL SERVICES GRP INC</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>NXP B V/NXP FDG LLC/NXP USA INC</name>
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        <cusip>62954HAX6</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <name>SVENSKA HANDELSBANKEN NY</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>HYUNDAI CAPITAL AMERICA</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>MORGAN STANLEY PRIVATE BANK NA</name>
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        <name>SWEDBANK AB</name>
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        <name>CARMX 2025-3</name>
        <lei>N/A</lei>
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          <isin value="US14290FAB22"/>
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        <name>RABOBANK NEDERLAND NEW YORK BRH</name>
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        <fairValLevel>2</fairValLevel>
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        <name>LLOYDS BANKING GROUP PLC</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>AUTONATION FINANCE TRUST 2026-1</name>
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        <name>WHEELS FLEET LEASE FUNDING 1 LLC</name>
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        <name>DTE ELEC CO</name>
        <lei>9N0FWODEJVKHC2DYLO03</lei>
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        <name>JACKSON NATL LIFE GLOBAL FDG</name>
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        <cusip>46849LVC2</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FORD CREDIT AUTO OWNER TRUST 2025-A</name>
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        <cusip>34535KAB4</cusip>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ROYAL BANK OF CANADA</name>
        <lei>ES7IP3U3RHIGC71XBU11</lei>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>FIFTH THIRD BANK CINN OH</name>
        <lei>QFROUN1UWUYU0DVIWD51</lei>
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        <cusip>31677QBR9</cusip>
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          <isin value="US31677QBR92"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ENBRIDGE INC</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
        <title>ENBRIDGE INC 4.25% 12/01/2026</title>
        <cusip>29250NAL9</cusip>
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          <isin value="US29250NAL91"/>
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        <balance>900000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ING GROEP NV</name>
        <lei>549300NYKK9MWM7GGW15</lei>
        <title>ING GROEP NV 4.017%/VAR 03/28/2028</title>
        <cusip>456837BB8</cusip>
        <identifiers>
          <isin value="US456837BB82"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>996863.22000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-28</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04017000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>THE BANK OF NOVA SCOTIA</name>
        <lei>L3I9ZG2KFGXZ61BMYR72</lei>
        <title>BANK OF NOVA SCOTIA 4.578%/VAR 06/05/2029</title>
        <cusip>06418GBD8</cusip>
        <identifiers>
          <isin value="US06418GBD88"/>
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        <balance>1900000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1900350.36000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-05</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04578000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ENEL FINANCE INTL NV</name>
        <lei>0YQH6LCEF474UTUV4B96</lei>
        <title>ENEL FINANCE INTL NV STEP 07/12/2026 144A</title>
        <cusip>29278GAM0</cusip>
        <identifiers>
          <isin value="US29278GAM06"/>
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        <balance>1300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1295678.98000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-12</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.01625000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>CARMAX SELECT RECEIVABLES TRUST 2026-A</name>
        <lei>N/A</lei>
        <title>CARMAX SELECT RECEIVABLES TRUST 2026-A A2A 4.37% 12/17/2029</title>
        <cusip>142929AB4</cusip>
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          <isin value="US142929AB47"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>CITIBANK, N.A.</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
        <title>CITIBANK NA FRN SOFR+71.2 11/19/2027</title>
        <cusip>17325FBM9</cusip>
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          <isin value="US17325FBM95"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.04264629</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>LLOYDS BANK CORPORATE MARKETS PLC NEW YORK BRANCH</name>
        <lei>213800MBWEIJDM5CU638</lei>
        <title>LLOYDS BANK CORPORATE MARKETS PLC NEW YORK BRH YCD SOFR+34 09/08/2026</title>
        <cusip>53947B4H0</cusip>
        <identifiers>
          <isin value="US53947B4H04"/>
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        <curCd>USD</curCd>
        <valUSD>2999985.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>ONCOR ELEC DELIVERY CO LLC</name>
        <lei>549300SP2X2BS1KERD24</lei>
        <title>ONCOR ELEC DELIVERY CO LLC 4.5% 03/20/2027</title>
        <cusip>68233JDB7</cusip>
        <identifiers>
          <isin value="US68233JDB70"/>
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        <curCd>USD</curCd>
        <valUSD>929721.44000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>BROWN and BROWN INC</name>
        <lei>549300PC8KTJ71XKFY89</lei>
        <title>BROWN and BROWN INC 4.6% 12/23/2026</title>
        <cusip>115236AH4</cusip>
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          <isin value="US115236AH45"/>
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        <balance>515000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>515814.82000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04600000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>MITSUBISHI UFJ TRUST and BANKING CORP NY BRANCH</name>
        <lei>JBONEPAGQXF4QP29B387</lei>
        <title>MITSUBISHI UFJ TR and BK NY BRH YCD SOFR+35 01/15/2027</title>
        <cusip>60683FEK6</cusip>
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          <isin value="US60683FEK66"/>
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        <curCd>USD</curCd>
        <valUSD>2999963.40000000</valUSD>
        <pctVal>0.397093736469</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.03970000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HALST 2025-A</name>
        <lei>N/A</lei>
        <title>HALST 2025-A 4.6% 06/15/2027 144A</title>
        <cusip>44935WAB3</cusip>
        <identifiers>
          <isin value="US44935WAB37"/>
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        <balance>281850.54000000</balance>
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        <curCd>USD</curCd>
        <valUSD>282171.09000000</valUSD>
        <pctVal>0.037349913152</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04600000</annualizedRt>
          <isDefault>N</isDefault>
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      <invstOrSec>
        <name>AUTONATION FINANCE TRUST 2025-1</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TRUIST BANK</name>
        <lei>JJKC32MCHWDI71265Z06</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>AUGUSTA SPINCO CORP</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>CIGNA GROUP (THE)</name>
        <lei>549300VIWYMSIGT1U456</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>SFAST 2025-1A</name>
        <lei>N/A</lei>
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        <cusip>81885BAC9</cusip>
        <identifiers>
          <isin value="US81885BAC90"/>
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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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        <name>STELLANTIS FINANCIAL UNDERWRITTEN ENHANCED LEASE TRUST 2026-A</name>
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          <couponKind>Fixed</couponKind>
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        <name>AMAZON.COM INC</name>
        <lei>ZXTILKJKG63JELOEG630</lei>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-13</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04074364</annualizedRt>
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        <name>VMWARE LLC</name>
        <lei>549300BUDHS3LRWBE814</lei>
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        <cusip>928563AJ4</cusip>
        <identifiers>
          <isin value="US928563AJ42"/>
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        <balance>1700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1690281.22000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <name>WELLS FARGO and CO</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
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        <cusip>95000U3R2</cusip>
        <identifiers>
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        <balance>2800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2809541.81000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.04900000</annualizedRt>
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        <name>AMERICAN HONDA FINANCE CORP</name>
        <lei>B6Q2VFHD1797Q7NZ3E43</lei>
        <title>AMERICAN HONDA FINANCE CORP FRN SOFR+65 11/19/2027</title>
        <cusip>02665WGP0</cusip>
        <identifiers>
          <isin value="US02665WGP05"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2498306.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.04202629</annualizedRt>
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        <name>NATIONAL BANK OF CANADA</name>
        <lei>BSGEFEIOM18Y80CKCV46</lei>
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        <cusip>63307A3L7</cusip>
        <identifiers>
          <isin value="US63307A3L71"/>
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        <curCd>USD</curCd>
        <valUSD>1700490.48000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>UBS AG STAMFORD BRH</name>
        <lei>254900R882POXXVAK772</lei>
        <title>UBS AG STAMFORD BRH 4.302%/VAR 03/16/2029</title>
        <cusip>90261AAG7</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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        <name>DLLMT 2024-1 LLC</name>
        <lei>N/A</lei>
        <title>DLLMT 2024-1 LLC 4.84% 08/21/2028 144A</title>
        <cusip>23347AAE1</cusip>
        <identifiers>
          <isin value="US23347AAE10"/>
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        <curCd>USD</curCd>
        <valUSD>1896053.63000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04840000</annualizedRt>
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        <name>TOYOTA MOTOR CREDIT CORP</name>
        <lei>Z2VZBHUMB7PWWJ63I008</lei>
        <title>TOYOTA MOTOR CREDIT CORP FRN SOFR+43 06/09/2027</title>
        <cusip>89236TPE9</cusip>
        <identifiers>
          <isin value="US89236TPE90"/>
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        <curCd>USD</curCd>
        <valUSD>2602912.65000000</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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          <couponKind>Variable</couponKind>
          <annualizedRt>0.04060000</annualizedRt>
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        <name>EXETER AUTOMOBILE RECEIVABLES TR 2025-4</name>
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        <title>EXETER AUTOMOBILE RECEIVABLES TR 2025-4 4.53% 03/15/2028</title>
        <cusip>30167KAB7</cusip>
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          <isin value="US30167KAB70"/>
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        <curCd>USD</curCd>
        <valUSD>374150.11000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04530000</annualizedRt>
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        <securityLending>
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        <name>ENTERPRISE FLEET FING 2026-2 LLC</name>
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        <title>ENTERPRISE FLEET FING 2026-2 A2 LLC 1% 02/20/2029 144A</title>
        <cusip>29375HAB4</cusip>
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          <isin value="US29375HAB42"/>
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        <curCd>USD</curCd>
        <valUSD>2230484.36000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04330000</annualizedRt>
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        <name>AMERICAN EXPRESS CO</name>
        <lei>R4PP93JZOLY261QX3811</lei>
        <title>AMERICAN EXPRESS CO 5.389%/VAR 07/28/2027</title>
        <cusip>025816DG1</cusip>
        <identifiers>
          <isin value="US025816DG18"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1502770.64000000</valUSD>
        <pctVal>0.198916029607</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
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      <invstOrSec>
        <name>US BANK NA CINCINNATI OHIO</name>
        <lei>6BYL5QZYBDK8S7L73M02</lei>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>MIZUHO SECURITIES USA LLC</name>
        <lei>7TK5RJIZDFROZCA6XF66</lei>
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        <cusip>N/A</cusip>
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          <other otherDesc="Internal" value="MQW770000"/>
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        <assetCat>RA</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <transCat>Repurchase</transCat>
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      <invstOrSec>
        <name>NATIONAL BANK OF CANADA</name>
        <lei>BSGEFEIOM18Y80CKCV46</lei>
        <title>NBC VCP SOFR+33 8/14/26</title>
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          <ticker value="NABKCN"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-08-14</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.03950000</annualizedRt>
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      <invstOrSec>
        <name>GOLDMAN SACHS GROUP INC (THE)</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
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        <cusip>38141GYG3</cusip>
        <identifiers>
          <isin value="US38141GYG36"/>
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        <balance>1200000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.01542000</annualizedRt>
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      <invstOrSec>
        <name>NTT FINANCE CORP</name>
        <lei>3538007PR116187GD960</lei>
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        <cusip>62954WAL9</cusip>
        <identifiers>
          <isin value="US62954WAL90"/>
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        <balance>1064000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05104000</annualizedRt>
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      <invstOrSec>
        <name>HAROT 2025-2 A2A</name>
        <lei>N/A</lei>
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        <cusip>437921AB5</cusip>
        <identifiers>
          <isin value="US437921AB56"/>
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        <balance>704195.09000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04300000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DRIVE 2025-1 A2</name>
        <lei>N/A</lei>
        <title>DRIVE 2025-1 A2 5.05% 08/15/2028</title>
        <cusip>262102AB2</cusip>
        <identifiers>
          <isin value="US262102AB26"/>
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        <balance>70297.10000000</balance>
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        <curCd>USD</curCd>
        <valUSD>70324.68000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04870000</annualizedRt>
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      <invstOrSec>
        <name>DELL INTERNATIONAL LLC / EMC CORP</name>
        <lei>N/A</lei>
        <title>DELL INTL/EMC CORP 4.9% 10/01/2026</title>
        <cusip>24703TAE6</cusip>
        <identifiers>
          <isin value="US24703TAE64"/>
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        <balance>1640000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1641908.01000000</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>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04900000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SFS AUTO RECEIVABLES SECURITIZATION TR 2024-2</name>
        <lei>N/A</lei>
        <title>SFS AUTO RECEIVABLES SECURITIZATION TR 2024-2 5.33% 11/20/2029 144A</title>
        <cusip>78397XAC8</cusip>
        <identifiers>
          <isin value="US78397XAC83"/>
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        <balance>1475555.93900000</balance>
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        <curCd>USD</curCd>
        <valUSD>1486186.88000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05330000</annualizedRt>
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        <name>NORDEA BANK ABP NY BRH</name>
        <lei>529900ODI3047E2LIV03</lei>
        <title>NORDEA BANK ABP NY BRH YCD SOFR+35 01/04/2027</title>
        <cusip>65558WQU5</cusip>
        <identifiers>
          <isin value="US65558WQU52"/>
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        <curCd>USD</curCd>
        <valUSD>3001623.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.03970000</annualizedRt>
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      <invstOrSec>
        <name>GILEAD SCIENCES INC</name>
        <lei>549300WTZWR07K8MNV44</lei>
        <title>GILEAD SCIENCES INC 4.25% 05/20/2028</title>
        <cusip>375558CJ0</cusip>
        <identifiers>
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        <balance>1750000.00000000</balance>
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        <valUSD>1749595.86000000</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>2028-05-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04250000</annualizedRt>
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        <name>CANADIAN IMPRL BK COMM NY BRH</name>
        <lei>549300H8L46OOZOFHU82</lei>
        <title>CANADIAN IMPRL BK COMM NY BRH YCD SOFR+34 10/16/2026</title>
        <cusip>13606DNX6</cusip>
        <identifiers>
          <isin value="US13606DNX65"/>
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        <curCd>USD</curCd>
        <valUSD>2999996.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.03960000</annualizedRt>
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        <name>ATHENE GLOBAL FUNDING</name>
        <lei>549300LM1QSI4MSIL320</lei>
        <title>ATHENE GLOBAL FUNDING FRN SOFRINDX+83 01/07/2027 144A</title>
        <cusip>04685A4F5</cusip>
        <identifiers>
          <isin value="US04685A4F53"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2001672.62000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-07</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04518883</annualizedRt>
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        <name>COOPERATIEVE RABOBANK UA</name>
        <lei>DG3RU1DBUFHT4ZF9WN62</lei>
        <title>COOPERATIEVE RABOBANK UA 3.649%/VAR 04/06/2028 144A</title>
        <cusip>74977RDN1</cusip>
        <identifiers>
          <isin value="US74977RDN17"/>
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        <balance>680000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>675493.41000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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        <name>WELLS FARGO and CO</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>WELLS FARGO and CO NEW 3.584%/VAR 05/22/2028</title>
        <cusip>95000U2A0</cusip>
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          <isin value="US95000U2A01"/>
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        <balance>1800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1786112.93000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-22</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.03584000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WORLD OMNI AUTO RECEIVABLES TR 2024-A</name>
        <lei>N/A</lei>
        <title>WORLD OMNI AUTO RECEIVABLES TR 2024-A 4.86% 03/15/2029</title>
        <cusip>98164RAD8</cusip>
        <identifiers>
          <isin value="US98164RAD89"/>
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        <balance>985187.68000000</balance>
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        <curCd>USD</curCd>
        <valUSD>989360.05000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04860000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>UST NOTES</name>
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        <name>WALMART INC</name>
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      <invstOrSec>
        <name>BANK OF AMERICA CORPORATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>AMPHENOL CORPORATION NEW</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DLLAD LLC</name>
        <lei>N/A</lei>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CARMAX AUTO OWNER TRUST 2024-4</name>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CARMX 2025-2</name>
        <lei>N/A</lei>
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        <identifiers>
          <isin value="US14320AAB70"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>PFIZER INC</name>
        <lei>765LHXWGK1KXCLTFYQ30</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>MERCEDES-BENZ AUTO RECEIVABLES TRUST 2022-1</name>
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        <name>BANK OF AMERICA CORPORATION</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
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        <name>TOYOTA LEASE OWNER TRUST 2024-B</name>
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        <name>SFS AUTO RECEIVABLES SECURITIZATION TRUST 2025-2</name>
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        <title>SFS AUTO RECEIVABLES SECURITIZATION TRUST 2025-2A A2 4.85% 11/20/2028 144A</title>
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        <name>GLENCORE FDG LLC</name>
        <lei>213800STG1QDNBY87K49</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>HSBC HOLDINGS PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
        <title>HSBC HOLDINGS PLC FRN SOFR+103 03/03/2029</title>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>BANK OF NOVA SCOTIA HOUSTON BRANCH</name>
        <lei>L3I9ZG2KFGXZ61BMYR72</lei>
        <title>BANK OF NOVA SCOTIA HOUSTON BR YCD SOFR+33 07/22/2026</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
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      <invstOrSec>
        <name>HYUNDAI CAPITAL AMERICA</name>
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        <name>CARVANA AUTO RECEIVABLES TRUST 2025-P3</name>
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      <invstOrSec>
        <name>MORGAN STANLEY BK NA SALT LAKE</name>
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        <name>AFFRM 2026-X1</name>
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        <name>ROYAL BANK OF CANADA</name>
        <lei>ES7IP3U3RHIGC71XBU11</lei>
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        <name>BOFA AUTO TR 2026-1</name>
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        <cusip>05620EAB4</cusip>
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          <couponKind>Fixed</couponKind>
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        <name>MORGAN STANLEY PRIVATE BANK NA</name>
        <lei>549300GS0W0TEUQS8571</lei>
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        <cusip>61776NZT3</cusip>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>WELLS FARGO and CO</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
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        <cusip>95000U2V4</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>PNC FINANCIAL SERVICES GRP INC</name>
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        <name>ABN AMRO BANK NV</name>
        <lei>BFXS5XCH7N0Y05NIXW11</lei>
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        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>STATE STREET CORP</name>
        <lei>549300ZFEEJ2IP5VME73</lei>
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          <isin value="US857477DA85"/>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.04543000</annualizedRt>
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        <name>EXETER AUTOMOBILE RECEIVABLES TRUST 25-3A</name>
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        <cusip>30166XAB0</cusip>
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          <couponKind>Fixed</couponKind>
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        <name>GMF FLOORPLAN OWNER REVOLVING TR</name>
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        <cusip>361886DA9</cusip>
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          <couponKind>Fixed</couponKind>
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        <name>SBNA AUTO LEASE TRUST 2024-C</name>
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        <name>COMMONWEALTH BANK AUSTRALIA</name>
        <lei>MSFSBD3QN1GSN7Q6C537</lei>
        <title>COMMONWEALTH BANK AUSTRALIA FRN SOFR+46 11/27/2026 144A</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>GM FINL CONSUMER AUTOMOBILE RECEIVABLES TR 2025-2</name>
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        <title>GM FINL CONSUMER AUTOMOBILE RECEIVABLES TR 2025-2 4.4% 02/16/2028</title>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>GM FINANCIAL LEASING TRST</name>
        <lei>N/A</lei>
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          <isin value="US379965AB24"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>VOLKSWAGEN GROUP AMER FIN LLC</name>
        <lei>5493002SQ1AVQBY41K40</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HUNTINGTON NATIONAL BANK</name>
        <lei>2WHM8VNJH63UN14OL754</lei>
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        <cusip>44644MAL5</cusip>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.04337499</annualizedRt>
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      <invstOrSec>
        <name>HEWLETT PACKARD ENTERPRISE CO</name>
        <lei>549300BX44RGX6ANDV88</lei>
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        <cusip>42824CBR9</cusip>
        <identifiers>
          <isin value="US42824CBR97"/>
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        <balance>654000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FEDERATION DES CAISSES DESJARD INS DU QUEBEC</name>
        <lei>549300B2Q47IR0CR5B54</lei>
        <title>FEDERATION DES CAISE DESJARDIN FRN SOFR+63 01/27/2027 144A</title>
        <cusip>31429KAN3</cusip>
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          <isin value="US31429KAN37"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.04233362</annualizedRt>
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      <invstOrSec>
        <name>UBS AG STAMFORD BRH</name>
        <lei>254900R882POXXVAK772</lei>
        <title>UBS AG STAMFORD BRH YCD SOFR+41 10/02/2026</title>
        <cusip>90275DUK4</cusip>
        <identifiers>
          <isin value="US90275DUK44"/>
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        <curCd>USD</curCd>
        <valUSD>1500771.45000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-02</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04035196</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>CITIBANK, N.A.</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
        <title>CITIBANK NA FRN SOFR+78.1 05/29/2027</title>
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        <identifiers>
          <isin value="US17325FBQ00"/>
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        <curCd>USD</curCd>
        <valUSD>1003130.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.04401000</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FORDL 2025-B</name>
        <lei>N/A</lei>
        <title>FORDL 2025-B 4.37% 03/15/2028</title>
        <cusip>34533MAB2</cusip>
        <identifiers>
          <isin value="US34533MAB28"/>
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        <balance>489977.03000000</balance>
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        <curCd>USD</curCd>
        <valUSD>490711.60000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04370000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NATWEST GROUP PLC</name>
        <lei>2138005O9XJIJN4JPN90</lei>
        <title>NATWEST GROUP PLC 5.583%/VAR 03/01/2028</title>
        <cusip>639057AL2</cusip>
        <identifiers>
          <isin value="US639057AL28"/>
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        <balance>1810000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1825135.71000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05583000</annualizedRt>
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        <name>HYUNDAI AUTO RECEIVABLES TRUST 2024-C</name>
        <lei>N/A</lei>
        <title>HYUNDAI AUTO RECEIVABLES TRUST 2024-C 4.53% 09/15/2027</title>
        <cusip>448976AB6</cusip>
        <identifiers>
          <isin value="US448976AB65"/>
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        <balance>86309.12000000</balance>
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        <curCd>USD</curCd>
        <valUSD>86343.49000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04530000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
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        <name>WORLD OMNI SELECT AUTO TRUST 2025-A</name>
        <lei>N/A</lei>
        <title>WORLD OMNI SELECT AUTO TRUST 2025-A 4.14% 05/15/2030</title>
        <cusip>98164UAC3</cusip>
        <identifiers>
          <isin value="US98164UAC36"/>
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        <balance>1894412.80000000</balance>
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        <valUSD>1894922.21000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04140000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
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        <name>COMMONWEALTH BANK AUST NY BRH</name>
        <lei>MSFSBD3QN1GSN7Q6C537</lei>
        <title>COMMONWEALTH BANK AUST NY BRH YCD SOFR+30 10/13/2026</title>
        <cusip>20271ER35</cusip>
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          <isin value="US20271ER355"/>
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        <valUSD>3001254.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.03920000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>PLAINS ALL AM PIPELN/PAA FIN C</name>
        <lei>N/A</lei>
        <title>PLAINS ALL AM PIPELN/PAA FIN C 4.5% 12/15/2026</title>
        <cusip>72650RBL5</cusip>
        <identifiers>
          <isin value="US72650RBL50"/>
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        <curCd>USD</curCd>
        <valUSD>1801243.26000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>NATIONWIDE BUILDING SOCIETY</name>
        <lei>549300XFX12G42QIKN82</lei>
        <title>NATIONWIDE BUILDING SOC(UNGTD) 2.972%/VAR 02/16/2028 144A</title>
        <cusip>63861VAF4</cusip>
        <identifiers>
          <isin value="US63861VAF40"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>989304.87000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.02972000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>CITIGROUP INC FRN SOFR+111.43 05/07/2028</title>
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          <isin value="US172967PY19"/>
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        <curCd>USD</curCd>
        <valUSD>1305640.28000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-07</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04722652</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SAMMONS FINANCIAL GROUP GLOBAL FUNDING</name>
        <lei>635400IPRNPM6HDHRS48</lei>
        <title>SAMMONS FINANCIAL GROUP GLOBAL FUNDING FRN SOFR+85 09/02/2027 144A</title>
        <cusip>79587J2D4</cusip>
        <identifiers>
          <isin value="US79587J2D49"/>
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        <balance>1700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1699181.88000000</valUSD>
        <pctVal>0.224914237844</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-02</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04496446</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MORGAN STANLEY BK NA SALT LAKE</name>
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        <name>SUMITOMO MITSUI FINANCIAL GROUP INC</name>
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        <name>EXETER AUTOMOBILE RECEIVABLES TR 2026-1</name>
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        <name>CARVANA AUTO RECEIVABLES TRUST 2026-P2</name>
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        <name>MARS INC</name>
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        <name>NATWEST GROUP PLC</name>
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        <name>TOYOTA LEASE OWNER TR 2026-A</name>
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        <name>S and P GLOBAL INC</name>
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        <name>TRUIST BANK</name>
        <lei>JJKC32MCHWDI71265Z06</lei>
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        <name>FORD CREDIT AUTO LEASE TRUST 2025-A</name>
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        <name>FIFTH THIRD BANCORP</name>
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        <name>BANK OF MONTREAL QUE</name>
        <lei>NQQ6HPCNCCU6TUTQYE16</lei>
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        <name>MERCK and CO INC</name>
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        <name>ENTERPRISE FLEET FINANCING 2025-3 LLC</name>
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        <name>CREDIT AGRICOLE SA</name>
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        <name>CARVANA AUTO RECEIVABLES TRUST 2026-P1</name>
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        <name>KUBOTA CREDIT OWNER TRUST 2025-1</name>
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        <name>GOLDMAN SACHS GROUP INC (THE)</name>
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        <name>MORGAN STANLEY BK NA SALT LAKE</name>
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        <name>ENTERPRISE FLEET FINANCING 2025-2 LLC</name>
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        <name>CARVANA AUTO RECEIVABLES TR 2025-P1</name>
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        <name>EXETER SELECT AUTOMOBILE RECEIVABLES TR 2025-1</name>
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        <name>TOYOTA LEASE OWNER TRUST 2025-A</name>
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        <name>COOPERATIEVE RABOBANK UA</name>
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        <name>US BANK NA CINCINNATI OHIO</name>
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        <name>HSBC HOLDINGS PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
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        <name>THE BANK OF NOVA SCOTIA</name>
        <lei>L3I9ZG2KFGXZ61BMYR72</lei>
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        <name>SUMITOMO MITSUI BKG CORP NY BRANCH</name>
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        <name>HONDA AUTO RECEIVABLES 2023-2 OWNER TRUST</name>
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        <name>BANK NEW YORK MELLON CORP</name>
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        <name>UST BILLS</name>
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        <fairValLevel>2</fairValLevel>
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        <name>COREBRIDGE GLOBAL FUNDING</name>
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        <name>SUMITOMO MITSUI FINANCIAL GROUP INC</name>
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        <name>TOYOTA AUTO RECEIVABLES 2025-B OWNER TR</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GMF LEASING LLC</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GOLDMAN SACHS GROUP INC (THE)</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>DANSKE BANK A/S</name>
        <lei>MAES062Z21O4RZ2U7M96</lei>
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        <cusip>23636ABC4</cusip>
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          <isin value="US23636ABC45"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-01</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>TESLA LEASE ELECTRIC VEHICLE SECURITIZATION 2025-A LLC</name>
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          <isin value="US88162VAB62"/>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BANK OF AMERICA CORPORATION</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
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        <cusip>06051GGF0</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>FIFTH THIRD BANK CINN OH</name>
        <lei>QFROUN1UWUYU0DVIWD51</lei>
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        <cusip>31677QBU2</cusip>
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          <isin value="US31677QBU22"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>ENTERPRISE FLEET FINANCING 2025-1 LLC</name>
        <lei>N/A</lei>
        <title>ENTERPRISE FLEET FINANCING 2025-1 LLC 4.65% 10/20/2027 144A</title>
        <cusip>29390HAB5</cusip>
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          <isin value="US29390HAB50"/>
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        <issuerCat>CORP</issuerCat>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>NATWEST GROUP PLC</name>
        <lei>2138005O9XJIJN4JPN90</lei>
        <title>NATWEST GROUP PLC 3.073%/VAR 05/22/2028</title>
        <cusip>780097BP5</cusip>
        <identifiers>
          <isin value="US780097BP50"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>UST BILLS</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UST BILLS 0% 06/18/2026</title>
        <cusip>912797TD9</cusip>
        <identifiers>
          <isin value="US912797TD98"/>
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        <balance>15000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>14974269.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>BMW VEHICLE LEASE TRUST 2025-1</name>
        <lei>N/A</lei>
        <title>BMW VEHICLE LEASE TRUST 2025-1 4.43% 09/27/2027</title>
        <cusip>096912AB6</cusip>
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          <isin value="US096912AB69"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>CARVANA AUTO RECEIVABLES TRUST 2025-P2</name>
        <lei>N/A</lei>
        <title>CARVANA AUTO RECEIVABLES TRUST 2025-P2 4.56% 08/10/2028</title>
        <cusip>14688YAB1</cusip>
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          <isin value="US14688YAB11"/>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>JPMORGAN CHASE and CO</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMORGAN CHASE and CO 3.782%/VAR 02/01/2028</title>
        <cusip>46625HRY8</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>NORDEA BANK ABP</name>
        <lei>529900ODI3047E2LIV03</lei>
        <title>NORDEA BANK ABP VCP SOFR+25 07/14/2026</title>
        <cusip>65557RHZ6</cusip>
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        <curCd>USD</curCd>
        <valUSD>3000571.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>DIAMONDBACK ENERGY INC</name>
        <lei>549300R22LSX6OHWEN64</lei>
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        <curCd>USD</curCd>
        <valUSD>1411188.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05200000</annualizedRt>
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        <name>SCLP 2025-2</name>
        <lei>N/A</lei>
        <title>SCLP 2025-2 4.82% 06/25/2034 144A</title>
        <cusip>83407HAA5</cusip>
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          <isin value="US83407HAA59"/>
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        <balance>268675.81700000</balance>
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        <curCd>USD</curCd>
        <valUSD>269390.31000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04820000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>DELL EQUIP FIN TR 2025-1</name>
        <lei>N/A</lei>
        <title>DELL EQUIP FIN TR 2025-1 4.68% 07/22/2027 144A</title>
        <cusip>24703UAC7</cusip>
        <identifiers>
          <isin value="US24703UAC71"/>
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        <balance>86774.50000000</balance>
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        <curCd>USD</curCd>
        <valUSD>86939.26000000</valUSD>
        <pctVal>0.011507818928</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04680000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>BARCLAYS PLC</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>TORONTO DOMINION BANK - NY</name>
        <lei>PT3QB789TSUIDF371261</lei>
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        <cusip>89115M3E4</cusip>
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          <other otherDesc="Internal" value="MHP555000"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TRUIST FINANCIAL CORP</name>
        <lei>549300DRQQI75D2JP341</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>DELL EQUIP FIN TR 2025-1</name>
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      <invstOrSec>
        <name>SOFI CONSUMER LOAN PROGRAM 2025-3</name>
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          <isin value="US83390JAA07"/>
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          <couponKind>Fixed</couponKind>
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        <name>ALLY AUTO RECEIVABLES TRUST 2025-1</name>
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        <name>DEXT ABS 2025-2 LLC</name>
        <lei>N/A</lei>
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          <maturityDt>2028-04-17</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>CANADIAN IMPERIAL BANK OF COMMERCE</name>
        <lei>2IGI19DL77OX0HC3ZE78</lei>
        <title>CANADIAN IMPERIAL BK OF COMM FRN SOFR+80 09/08/2028</title>
        <cusip>13607QFC1</cusip>
        <identifiers>
          <isin value="US13607QFC15"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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        <name>NEXTERA ENERGY CAP HLDGS INC</name>
        <lei>UMI46YPGBLUE4VGNNT48</lei>
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        <cusip>65339KCL2</cusip>
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          <isin value="US65339KCL26"/>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
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          <isin value="US91282CNV99"/>
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        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>HYUNDAI CAPITAL AMERICA</name>
        <lei>549300RIPPWJB5Z0FK07</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>WORLD OMNI AUTOMOBILE LEASE SECURITIZATION TR 2024-A</name>
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          <couponKind>Fixed</couponKind>
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        <name>GMF FLOORPLAN OWNER REVOLVING TR</name>
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        <title>GMF FLOORPLAN OWNER REVOLVING TR SOFR30A+55 03/15/2029 144A</title>
        <cusip>361886DX9</cusip>
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        <name>US BANK NA CINCINNATI OHIO</name>
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        <name>BANK OF AMERICA CORPORATION</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
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        <name>KUBOTA CREDIT OWNER TRUST 2025-2</name>
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        <name>MERCEDES-BENZ AUTO LEASE TRUST 2024-A</name>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>HYUNDAI AUTO RECEIVABLES TRUST 25-B</name>
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        <name>BMW US CAPITAL LLC</name>
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      <invstOrSec>
        <name>GEORGIA POWER CO</name>
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        <name>CARMAX AUTO OWNER TRUST 2025-1</name>
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        <name>WORLD OMNI AUTO RECEIVABLES TRUST 2025-A</name>
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        <cusip>98164YAB7</cusip>
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        <name>KEURIG DR PEPPER INC</name>
        <lei>DYTQ8KRTKO7Y2BVU5K74</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>CANADIAN IMPRL BK COMM NY BRH</name>
        <lei>549300H8L46OOZOFHU82</lei>
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        <name>WELLS FARGO and CO</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
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        <cusip>95000U2S1</cusip>
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          <couponKind>Variable</couponKind>
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        <name>RABOBANK NEDERLAND NEW YORK BRH</name>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>JOHN DEERE OWNER TR 2024-C</name>
        <lei>N/A</lei>
        <title>JOHN DEERE OWNER TR 2024-C A2B SOFR30A+43 08/16/2027</title>
        <cusip>477911AC5</cusip>
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          <couponKind>Variable</couponKind>
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        <name>JPMORGAN CHASE and CO</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>NATIONAL BANK OF CANADA</name>
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        <name>WELLS FARGO and CO</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
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        <name>MERCEDES-BENZ AUTO LEASE TRUST 2025-A</name>
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        <name>Fidelity Revere Street Trust</name>
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        <assetCat>STIV</assetCat>
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        <name>BAE SYSTEMS FINANCE INC</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>SFS AUTO RECEIVABLES SECURITIZATION TRUST 25-3A</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BANK OF IRELAND GROUP PLC</name>
        <lei>635400C8EK6DRI12LJ39</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>USAA AUTO OWNER TRUST 2025-A</name>
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        <name>VOLVO FINANCIAL EQUIPMENT LLC SERIES 2024-1</name>
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        <name>JPMORGAN CHASE and CO</name>
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        <name>THE BANK OF NOVA SCOTIA</name>
        <lei>L3I9ZG2KFGXZ61BMYR72</lei>
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        <cusip>06418GAT4</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UBS GROUP AG</name>
        <lei>549300SZJ9VS8SGXAN81</lei>
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        <cusip>225401BC1</cusip>
        <identifiers>
          <isin value="US225401BC11"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-12-22</maturityDt>
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      <invstOrSec>
        <name>CARMAX AUTO OWNER TRUST 2026-2</name>
        <lei>N/A</lei>
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        <cusip>142935AB1</cusip>
        <identifiers>
          <isin value="US142935AB15"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>NORDEA BANK ABP</name>
        <lei>529900ODI3047E2LIV03</lei>
        <title>NORDEA BANK ABP FRN SOFR+70 03/17/2028 144A</title>
        <cusip>65558RAM1</cusip>
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          <isin value="US65558RAM16"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-17</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>HYUNDAI AUTO LEASE SECURITIZATION TR 2025-C</name>
        <lei>N/A</lei>
        <title>HYUNDAI AUTO LEASE SECURITIZATION TR 2025-C 4.37% 01/18/2028 144A</title>
        <cusip>44935GAB8</cusip>
        <identifiers>
          <isin value="US44935GAB86"/>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-01-18</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>ROYAL BK OF CDA NEW YORK BRH</name>
        <lei>549300HXQQQCCUBS2Z23</lei>
        <title>ROYAL BK OF CDA NEW YORK BRH YCD SOFR+31 10/02/2026</title>
        <cusip>78015JPU5</cusip>
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          <isin value="US78015JPU50"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.03930000</annualizedRt>
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        <name>BARCLAYS BANK PLC NY BRANCH</name>
        <lei>G5GSEF7VJP5I7OUK5573</lei>
        <title>BARCLAYS BANK PLC NY BRANCH YCD SOFR+37 10/23/2026</title>
        <cusip>06745GFK2</cusip>
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          <isin value="US06745GFK22"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-23</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.03990000</annualizedRt>
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        <name>HYUNDAI CAPITAL AMERICA</name>
        <lei>549300RIPPWJB5Z0FK07</lei>
        <title>HYUNDAI CAP AMER 4.6% 04/06/2028 144A</title>
        <cusip>44891AEJ2</cusip>
        <identifiers>
          <isin value="US44891AEJ25"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04600000</annualizedRt>
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        <name>GM FINANCIAL AUTOMOBILE LEASING TRUST 2026-1</name>
        <lei>N/A</lei>
        <title>GM FINANCIAL AUTOMOBILE LEASING TRUST 2026-1 4.01% 04/20/2028</title>
        <cusip>36273VAB1</cusip>
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          <isin value="US36273VAB18"/>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03770000</annualizedRt>
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        <name>MERCEDES-BENZ FINANCE NORTH AMERICA LLC</name>
        <lei>549300423Z16BB673J12</lei>
        <title>MERCEDES-BENZ FINANCE NORTH AMERICA LLC FRN SOFR+63 07/31/2026 144A</title>
        <cusip>58769JAV9</cusip>
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          <isin value="US58769JAV98"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.04236623</annualizedRt>
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        <name>LLOYDS BANKING GROUP PLC</name>
        <lei>549300PPXHEU2JF0AM85</lei>
        <title>LLOYDS BANKING GROUP PLC FRN SOFRINDX+156 08/07/2027</title>
        <cusip>53944YAW3</cusip>
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          <isin value="US53944YAW30"/>
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        <valUSD>501082.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-07</maturityDt>
          <couponKind>Variable</couponKind>
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        <name>ABBVIE INC</name>
        <lei>FR5LCKFTG8054YNNRU85</lei>
        <title>ABBVIE INC FRN SOFRINDX+NA 03/03/2028</title>
        <cusip>00287YEC9</cusip>
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          <isin value="US00287YEC93"/>
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        <name>VOLKSWAGEN AUTO LEASE TRUST 2025-B</name>
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        <name>CITIGROUP INC</name>
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        <name>DANSKE BANK A/S</name>
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        <fairValLevel>2</fairValLevel>
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        <name>AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST</name>
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        <invCountry>IE</invCountry>
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        <name>DEUTSCHE BANK AG NEW YORK BNCH</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>TOYOTA MOTOR CREDIT CORP</name>
        <lei>Z2VZBHUMB7PWWJ63I008</lei>
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        <cusip>89236TML6</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.04345020</annualizedRt>
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        <name>NATIONAL BANK OF CANADA</name>
        <lei>BSGEFEIOM18Y80CKCV46</lei>
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        <cusip>63307A3D5</cusip>
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        <invCountry>CA</invCountry>
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        <name>FORD CREDIT AUTO OWNER TRUST 2024-D</name>
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        <cusip>34535VAB0</cusip>
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        <name>STATE STREET CORP</name>
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        <name>MITSUBISHI UFJ TRUST and BANKING CORP NY BRANCH</name>
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        <name>DLLAD 2024-1 LLC</name>
        <lei>N/A</lei>
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        <issuerCat>CORP</issuerCat>
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        <name>DLLMT 2026-1 LLC</name>
        <lei>N/A</lei>
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        <name>SAMMONS FINANCIAL GROUP GLOBAL FUNDING</name>
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        <issuerCat>CORP</issuerCat>
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        <name>UBS GROUP AG</name>
        <lei>549300SZJ9VS8SGXAN81</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>SFS AUTO RECEIVABLES SECURITIZATION TRUST 2026-1</name>
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      <invstOrSec>
        <name>PNC FINANCIAL SERVICES GRP INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ELI LILLY and CO</name>
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      <invstOrSec>
        <name>SUMITOMO MITSUI BKG CORP NY BRANCH</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SUMITOMO MITSUI BKG CORP NY BRANCH</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DEUTSCHE BANK AG NEW YORK BNCH</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>STANDARD CHARTERED PLC</name>
        <lei>U4LOSYZ7YG4W3S5F2G91</lei>
        <title>STANDARD CHARTERED PLC 5.688%/VAR 05/14/2028 144A</title>
        <cusip>853254DB3</cusip>
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          <isin value="US853254DB33"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-14</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>ENTERPRISE FLEET FINANCING 2024-2</name>
        <lei>N/A</lei>
        <title>ENTERPRISE FLEET FINANCING 2024-2 5.61% 04/20/2028 144A</title>
        <cusip>29375RAC0</cusip>
        <identifiers>
          <isin value="US29375RAC07"/>
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        <assetCat>ABS-CBDO</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05610000</annualizedRt>
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      <invstOrSec>
        <name>BANK OF AMERICA CORPORATION</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>BANK OF AMERICA CORPORATION FRN SOFR+83 01/24/2029</title>
        <cusip>06051GMN6</cusip>
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          <isin value="US06051GMN69"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>MBART 2025-1</name>
        <lei>N/A</lei>
        <title>MERCEDES-BENZ AUTO RECEIVABLES TR 2025-1 4.5% 02/15/2028</title>
        <cusip>58773DAB0</cusip>
        <identifiers>
          <isin value="US58773DAB01"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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        <name>ABN AMRO BANK NV</name>
        <lei>BFXS5XCH7N0Y05NIXW11</lei>
        <title>ABN AMRO BANK NV FRN SOFRINDX+178 09/18/2027 144A</title>
        <cusip>00084DBB5</cusip>
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          <isin value="US00084DBB55"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>BANK OF MONTREAL QUE</name>
        <lei>NQQ6HPCNCCU6TUTQYE16</lei>
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        <cusip>06368L8M1</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>HSBC USA INC</name>
        <lei>549300LBOHZ4QSIWU288</lei>
        <title>HSBCUI VCP SOFR+53 7/7/26</title>
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          <isin value="US40434WVA60"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2499967.25000000</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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          <couponKind>Variable</couponKind>
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        <name>GLAXOSMITHKLINE CAP PLC</name>
        <lei>549300U0LV41VX7LEP38</lei>
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        <cusip>377373AN5</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Variable</couponKind>
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        <name>CARVANA AUTO RECEIVABLES TRUST 2025-P2</name>
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        <title>CARVANA AUTO RECEIVABLES TRUST 2025-P2 4.55% 08/12/2030</title>
        <cusip>14688YAC9</cusip>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BARINGS EQUIPMENT FINANCE LLC 2026-A</name>
        <lei>N/A</lei>
        <title>BARINGS EQUIPMENT FINANCE LLC 2026-A 4.08% 04/13/2029 144A</title>
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        <valUSD>1545248.48000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-13</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>L3HARRIS TECHNOLOGIES INC</name>
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      <invstOrSec>
        <name>WELLS FARGO SECURITIES, LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MITSUBISHI UFJ TRUST and BANKING CORP NY BRANCH</name>
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        <name>GOLDMAN SACHS GROUP INC (THE)</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>VOLKSWAGEN AUTO LOAN ENHANCED TRUST 2024-1</name>
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          <couponKind>Fixed</couponKind>
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        <name>AMERICAN HONDA FINANCE CORP</name>
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        <cusip>02665WGV7</cusip>
        <identifiers>
          <isin value="US02665WGV72"/>
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        <balance>369000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>REACH ABS TR 2026-2</name>
        <lei>N/A</lei>
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        <cusip>754923AA8</cusip>
        <identifiers>
          <isin value="US754923AA87"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ORACLE CORP</name>
        <lei>1Z4GXXU7ZHVWFCD8TV52</lei>
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        <cusip>68389XBM6</cusip>
        <identifiers>
          <isin value="US68389XBM65"/>
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        <balance>1650000.00000000</balance>
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        <curCd>USD</curCd>
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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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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CAPITAL ONE PRIME AUTO RECEIVABLES TRUST 2025-1</name>
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        <title>CAPITAL ONE PRIME AUTO RECEIVABLES TRUST 2025-1 A2A 4.39% 01/16/2029</title>
        <cusip>14043YAB1</cusip>
        <identifiers>
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        <balance>1703924.45000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1702268.07000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03880000</annualizedRt>
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      <invstOrSec>
        <name>WOART 2025-B</name>
        <lei>N/A</lei>
        <title>WOART 2025-B 4.38% 08/15/2028</title>
        <cusip>98164TAB8</cusip>
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          <isin value="US98164TAB89"/>
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        <curCd>USD</curCd>
        <valUSD>1341365.39000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04380000</annualizedRt>
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        <name>COMMONWEALTH BANK AUST NY BRH</name>
        <lei>MSFSBD3QN1GSN7Q6C537</lei>
        <title>COMMONWEALTH BANK AUST NY BRH YCD SOFR+31 11/10/2026</title>
        <cusip>20271ES26</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.03930000</annualizedRt>
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      <invstOrSec>
        <name>THE TORONTO DOMINION BANK</name>
        <lei>PT3QB789TSUIDF371261</lei>
        <title>TORONTO DOMINION BANK FRN SOFR+62 12/17/2026</title>
        <cusip>89115A3B6</cusip>
        <identifiers>
          <isin value="US89115A3B62"/>
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        <curCd>USD</curCd>
        <valUSD>1902896.49000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.04253644</annualizedRt>
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        <name>BANK OF NOVA SCOTIA HOUSTON BRANCH</name>
        <lei>L3I9ZG2KFGXZ61BMYR72</lei>
        <title>BANK OF NOVA SCOTIA HOUSTON BR YCD SOFR+37 01/19/2027</title>
        <cusip>06418NLY6</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>COREBRIDGE GLOBAL FUNDING</name>
        <lei>54930057MDZ7KOVOTV71</lei>
        <title>COREBRIDGE GBL FUNDING 4.65% 08/20/2027 144A</title>
        <cusip>00138CBB3</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04650000</annualizedRt>
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      <invstOrSec>
        <name>NATIONWIDE BUILDING SOCIETY</name>
        <lei>549300XFX12G42QIKN82</lei>
        <title>NATIONWIDE BUILDING SOC(UNGTD) 4.302%/VAR 03/08/2029 144A</title>
        <cusip>63861VAB3</cusip>
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          <isin value="US63861VAB36"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1491501.03000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-08</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04302000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HEALTHCARE REALTY HOLDINGS LP</name>
        <lei>549300IYGAS4GE6VDL07</lei>
        <title>HEALTHCARE REALTY HOLDINGS LP 3.75% 07/01/2027</title>
        <cusip>42225UAF1</cusip>
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          <isin value="US42225UAF12"/>
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        <balance>1900000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1885700.96000000</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>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NATIONAL AUSTRALIA BANK LTD</name>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JPMORGAN CHASE and CO</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
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        <cusip>46647PDW3</cusip>
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          <isin value="US46647PDW32"/>
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        <balance>1200000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-10-22</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.06070000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>CARVANA AUTO RECEIVABLES TRUST 2024-P4</name>
        <lei>N/A</lei>
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        <cusip>14076LAC7</cusip>
        <identifiers>
          <isin value="US14076LAC72"/>
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        <balance>788470.39300000</balance>
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        <curCd>USD</curCd>
        <valUSD>790834.31000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04640000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>NXP B V/NXP FDG LLC/NXP USA INC</name>
        <lei>N/A</lei>
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        <cusip>62954HBE7</cusip>
        <identifiers>
          <isin value="US62954HBE71"/>
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        <balance>1080000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1080980.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04400000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HSBC HOLDINGS PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
        <title>HSBC HOLDINGS PLC 2.251%/VAR 11/22/2027</title>
        <cusip>404280CX5</cusip>
        <identifiers>
          <isin value="US404280CX53"/>
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        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1979250.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-22</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.02251000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MITSUBISHI UFJ TRUST and BANKING CORP NY BRANCH</name>
        <lei>JBONEPAGQXF4QP29B387</lei>
        <title>MITSUBISHI UFJ TR and BK NY BRH YCD SOFR+36 07/23/2026</title>
        <cusip>60683D6Z7</cusip>
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        <balance>2500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2499970.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-23</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.03980000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MERCEDES-BENZ FINANCE NORTH AMERICA LLC</name>
        <lei>549300423Z16BB673J12</lei>
        <title>MERCEDES-BENZ FINANCE NORTH AMERICA LLC FRN SOFR+71 03/10/2028 144A</title>
        <cusip>58769JBK2</cusip>
        <identifiers>
          <isin value="US58769JBK25"/>
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        <balance>2140000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2141106.29000000</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>2028-03-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04347222</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SANTANDER DRIVE AUTO RECEIVABLES TRUST 2026-1</name>
        <lei>N/A</lei>
        <title>SANTANDER DRIVE AUTO RECEIVABLES TRUST 2026-1 4.18% 03/15/2029</title>
        <cusip>80288FAB7</cusip>
        <identifiers>
          <isin value="US80288FAB76"/>
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        <balance>1355000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1354073.86000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04040000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SBNA AUTO LEASE TRUST 2024-B</name>
        <lei>N/A</lei>
        <title>SBNA AUTO LEASE TRUST 2024-B 5.56% 11/22/2027 144A</title>
        <cusip>78437VAE0</cusip>
        <identifiers>
          <isin value="US78437VAE02"/>
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        <balance>187834.67000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>188150.14000000</valUSD>
        <pctVal>0.024904717874</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05560000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GM FINANCIAL AUTOMOBILE LEASING TRUST 2025-1</name>
        <lei>N/A</lei>
        <title>GM FINANCIAL AUTOMOBILE LEASING TRUST 2025-1 VAR 05/20/2027</title>
        <cusip>36271VAB3</cusip>
        <identifiers>
          <isin value="US36271VAB36"/>
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        <balance>439620.90000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>439970.44000000</valUSD>
        <pctVal>0.058237212479</pctVal>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04540000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>STANDARD CHARTERED PLC</name>
        <lei>U4LOSYZ7YG4W3S5F2G91</lei>
        <title>STANDARD CHARTERED PLC 6.75%/VAR 02/08/2028 144A</title>
        <cusip>853254CW8</cusip>
        <identifiers>
          <isin value="US853254CW88"/>
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        <balance>1481000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1502996.49000000</valUSD>
        <pctVal>0.198945924512</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-08</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.06750000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CANADIAN NATURAL RESOURCES LTD</name>
        <lei>549300T15RIMIKZC5Q38</lei>
        <title>CANADIAN NATL RESOURCES LTD 3.85% 06/01/2027</title>
        <cusip>136385AX9</cusip>
        <identifiers>
          <isin value="US136385AX99"/>
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        <balance>700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>697068.95000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03850000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>OREILLY AUTOMOTIVE INC</name>
        <lei>549300K2RLMQL149Q332</lei>
        <title>OREILLY AUTOMOTIVE INC 5.75% 11/20/2026</title>
        <cusip>67103HAM9</cusip>
        <identifiers>
          <isin value="US67103HAM97"/>
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        <balance>2131000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2143464.13000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05750000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JPMORGAN CHASE and CO</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMORGAN CHASE and CO 1.47%/VAR 09/22/2027</title>
        <cusip>46647PCP9</cusip>
        <identifiers>
          <isin value="US46647PCP99"/>
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        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1486995.21000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-22</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.01470000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MORGAN STANLEY BK NA SALT LAKE</name>
        <lei>G1MLHIS0N32I3QPILB75</lei>
        <title>MORGAN STANLEY BK NA SALT LAKE 4.447%/VAR 10/15/2027</title>
        <cusip>61690U8G8</cusip>
        <identifiers>
          <isin value="US61690U8G80"/>
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        <balance>700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>700446.01000000</valUSD>
        <pctVal>0.092715372229</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04447000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>CITIGROUP INC 1.462%/VAR 06/09/2027</title>
        <cusip>172967NA5</cusip>
        <identifiers>
          <isin value="US172967NA50"/>
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        <balance>1950000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1948774.80000000</valUSD>
        <pctVal>0.257951902636</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-09</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.01462000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CATERPILLAR FINL SVCS CORP</name>
        <lei>EDBQKYOPJUCJKLOJDE72</lei>
        <title>CATERPILLAR FINL SVCS CORP FRN SOFR+69 10/16/2026</title>
        <cusip>14913UAP5</cusip>
        <identifiers>
          <isin value="US14913UAP57"/>
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        <balance>1300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1302116.04000000</valUSD>
        <pctVal>0.172356143958</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-16</maturityDt>
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      <invstOrSec>
        <name>UBS GROUP AG</name>
        <lei>549300SZJ9VS8SGXAN81</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ING GROEP NV</name>
        <lei>549300NYKK9MWM7GGW15</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>M and T BANK AUTO RECEIVABLES TRUST 2026-1</name>
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        <name>AMERICAN EXPRESS CO</name>
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        <fairValLevel>2</fairValLevel>
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        <name>VOLKSWAGEN AUTO LEASE TRUST 2026-A</name>
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      <invstOrSec>
        <name>STATE STREET CORP</name>
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        <name>WESTERN-SOUTHERN GLOBAL FUNDING</name>
        <lei>635400PFYEGVSGK4VB37</lei>
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        <cusip>95954A2F9</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>SFUEL 25-BA</name>
        <lei>N/A</lei>
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        <cusip>858933AB0</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-05-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04310000</annualizedRt>
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        <name>EXETER SELECT AUTOMOBILE RECEIVABLES TR 2025-2</name>
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        <title>EXETER SELECT AUTOMOBILE RECEIVABLES TR 2025-2 4.54% 06/15/2029</title>
        <cusip>30185EAB9</cusip>
        <identifiers>
          <isin value="US30185EAB92"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>EQUITABLE FINANCIAL LIFE GLOBAL FUNDING</name>
        <lei>635400B4JJBON4TCHF02</lei>
        <title>EQUITABLE FINANCIAL LIFE GLOBAL FUNDING 1.7% 11/12/2026 144A</title>
        <cusip>29449WAL1</cusip>
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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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          <couponKind>Fixed</couponKind>
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        <name>BNP PARIBAS</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
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        <cusip>09659W2T0</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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        <name>ATHENE GLOBAL FUNDING</name>
        <lei>549300LM1QSI4MSIL320</lei>
        <title>ATHENE GLOBAL FUNDING 1.608% 06/29/2026 144A</title>
        <cusip>04685A2Z3</cusip>
        <identifiers>
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        <fairValLevel>2</fairValLevel>
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        <name>BANK OF AMERICA CORPORATION</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
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        <name>BAE SYSTEMS PLC</name>
        <lei>8SVCSVKSGDWMW2QHOH83</lei>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>DEXT ABS 2025-1 LLC</name>
        <lei>N/A</lei>
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        <issuerCat>CORP</issuerCat>
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          <couponKind>Fixed</couponKind>
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        <name>HYUNDAI AUTO LEASE SECURITIZATION TRUST 2025-B</name>
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        <title>HYUNDAI AUTO LEASE SECURITIZATION TRUST 2025-B 4.58% 09/15/2027 144A</title>
        <cusip>44935DAB5</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>WOART 2025-C</name>
        <lei>N/A</lei>
        <title>WOART 2025-C 4.19% 10/16/2028</title>
        <cusip>981936AB3</cusip>
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          <isin value="US981936AB31"/>
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        <curCd>USD</curCd>
        <valUSD>1175984.06000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04190000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANK OF NOVA SCOTIA HOUSTON BRANCH</name>
        <lei>L3I9ZG2KFGXZ61BMYR72</lei>
        <title>BANK OF NOVA SCOTIA HOUSTON BR YCD SOFR+33 08/13/2026</title>
        <cusip>06418NJB9</cusip>
        <identifiers>
          <isin value="US06418NJB91"/>
        </identifiers>
        <balance>2500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2501059.50000000</valUSD>
        <pctVal>0.331055726209</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-13</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.03950000</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="As of March 2025, monthly returns presented in Item B.5.a. have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-06-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Laura M. Del Prato</ncom:nameOfApplicant>
      <ncom:signature>Laura M. Del Prato</ncom:signature>
      <ncom:signerName>Laura M. Del Prato</ncom:signerName>
      <ncom:title>President and Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
