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        <name>LUXEMBOURG GRAND DUCHY OF</name>
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        <name>GERMANY FEDERAL REPUBLIC OF</name>
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        <name>JPMORGAN CHASE BANK NA NEW YORK NY</name>
        <lei>7H6GLXDRUGQFU57RNE97</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ROYAL BANK OF CANADA</name>
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          <isin value="XS1942615607"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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        <name>IRELAND REPUBLIC OF</name>
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          <isin value="IE00BV8C9418"/>
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      <invstOrSec>
        <name>DAIMLER AG</name>
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        <name>FRANCE REPUBLIC OF</name>
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        <fairValLevel>2</fairValLevel>
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        <name>KOREA REPUBLIC OF</name>
        <lei>549300O0QCVSQGPGDT58</lei>
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        <identifiers>
          <isin value="KR103501G893"/>
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        <fairValLevel>2</fairValLevel>
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        <name>ITALY REPUBLIC OF</name>
        <lei>815600DE60799F5A9309</lei>
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        <identifiers>
          <isin value="IT0003535157"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>SLOVAK, REPUBLIC OF</name>
        <lei>097900BHFM0000074794</lei>
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        <cusip>N/A</cusip>
        <identifiers>
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        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>UNITED KINGDOM,G.B. and N.IRELAND</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TELENOR ASA</name>
        <lei>549300IM1QSBY4SLPM26</lei>
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        <identifiers>
          <isin value="XS2001737910"/>
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          <couponKind>Fixed</couponKind>
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        <name>BUONI DEL TESORO POLIENNALI</name>
        <lei>815600DE60799F5A9309</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005348443"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>BANK OF AMERICA, N.A.</name>
        <lei>B4TYDEB6GKMZO031MB27</lei>
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        <name>SPAIN, KINGDOM OF</name>
        <lei>9598007A56S18711AH60</lei>
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        <name>ONTARIO PROVINCE CDA</name>
        <lei>C7PVKCRGLG18EBQGZV36</lei>
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        <cusip>68333ZAK3</cusip>
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          <couponKind>Fixed</couponKind>
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        <name>MEXICO UNITED MEXICAN STATES</name>
        <lei>254900EGTWEU67VP6075</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05750000</annualizedRt>
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      <invstOrSec>
        <name>CAISSE D'AMORT LA DETTE SOCIAL</name>
        <lei>969500P04DQJS4BPM574</lei>
        <title>CAISSE D'AMORT LA DETTE SOCIAL 0.125% 10/25/2023 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013344181"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-10-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00125000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ALTRIA GROUP INC</name>
        <lei>XSGZFLO9YTNO9VCQV219</lei>
        <title>ALTRIA GROUP INC 2.2% 06/15/2027</title>
        <cusip>02209SAY9</cusip>
        <identifiers>
          <isin value="XS1843443190"/>
        </identifiers>
        <balance>398000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>530230.98000000</valUSD>
        <pctVal>0.288777979516</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02200000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TERRA BOLIGKREDITT AS</name>
        <lei>549300T7MMTBQXCJOQ79</lei>
        <title>TERRA BOLIGKREDITT AS 0.625% 10/28/2021 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1312011684"/>
        </identifiers>
        <balance>135000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>166473.02000000</valUSD>
        <pctVal>0.090665661141</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-10-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00625000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EUROPEAN INVESTMENT BANK</name>
        <lei>5493006YXS1U5GIHE750</lei>
        <title>EURO INVST BANK 3% 9/28/22</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS0544644957"/>
        </identifiers>
        <balance>220000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>286065.42000000</valUSD>
        <pctVal>0.155798882210</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-09-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ALBERTA PROVINCE CDA</name>
        <lei>LQPXMHHNJKIPJYE53543</lei>
        <title>ALBERTA PROVINCE CDA 3.1% 06/01/2050</title>
        <cusip>013051ED5</cusip>
        <identifiers>
          <isin value="CA013051ED53"/>
        </identifiers>
        <balance>231000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.27290000"/>
        <valUSD>215131.79000000</valUSD>
        <pctVal>0.117166529284</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03100000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BELL CANADA INC</name>
        <lei>549300O5ZKB2MUUSKB97</lei>
        <title>BELL CANADA MTN 4.45% 02/27/2047</title>
        <cusip>07813ZBX1</cusip>
        <identifiers>
          <isin value="CA07813ZBX11"/>
        </identifiers>
        <balance>40000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.27290000"/>
        <valUSD>37987.90000000</valUSD>
        <pctVal>0.020689226812</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-02-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04450000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VOLKSWAGEN INTL FINANCE NV</name>
        <lei>5299004PWNHKYTR23649</lei>
        <title>VOLKSWAGEN INTL FINANCE NV 1.625% 01/16/30 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1167667283"/>
        </identifiers>
        <balance>45000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>60270.58000000</valUSD>
        <pctVal>0.032824970575</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01625000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ISRAEL, STATE OF</name>
        <lei>213800T8ZHTFZIBYPE21</lei>
        <title>ISRAEL STATE OF 1.5% 01/16/2029 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1936100483"/>
        </identifiers>
        <balance>335000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>452465.75000000</valUSD>
        <pctVal>0.246424954432</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CZECH REPUBLIC</name>
        <lei>3157007EFDLQABN47912</lei>
        <title>CZECH REPUBLIC 0.75% 02/23/2021</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CZ0001005367"/>
        </identifiers>
        <balance>580000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CZK" exchangeRt="21.47750000"/>
        <valUSD>27051.99000000</valUSD>
        <pctVal>0.014733237605</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-02-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COUNCIL OF EUROPE DEVELOPMENT BANK</name>
        <lei>549300UYNXMI821WYG82</lei>
        <title>COUNCIL EUROPE DEV BK 0.625% 06/15/2022 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1683407453"/>
        </identifiers>
        <balance>188000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73126143"/>
        <valUSD>259285.55000000</valUSD>
        <pctVal>0.141213848437</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00625000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BARCLAYS PLC (UNGTD)</name>
        <lei>213800LBQA1Y9L22JB70</lei>
        <title>BARCLAYS PLC (UNGTD) 3.375/VAR 04/02/2025 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2150054026"/>
        </identifiers>
        <balance>701000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>944155.25000000</valUSD>
        <pctVal>0.514212212656</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-02</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.03375000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT OF 0.4% 03/20/2040</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1201721L45"/>
        </identifiers>
        <balance>51800000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
        <valUSD>502468.28000000</valUSD>
        <pctVal>0.273657670228</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-03-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00400000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KREDITANSTALT FUR WIEDERAUFB</name>
        <lei>549300GDPG70E3MBBU98</lei>
        <title>KREDITANSTALT FUR WIEDER(UNGTD 0.01% 05/05/2027 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1999841445"/>
        </identifiers>
        <balance>38000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>48028.64000000</valUSD>
        <pctVal>0.026157682484</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00010000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SPAIN, KINGDOM OF</name>
        <lei>9598007A56S18711AH60</lei>
        <title>SPAIN KINGDOM OF 1.25% 10/31/2030 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0000012G34"/>
        </identifiers>
        <balance>457000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>623780.15000000</valUSD>
        <pctVal>0.339727360667</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BAYER AG</name>
        <lei>549300J4U55H3WP1XT59</lei>
        <title>BAYER AG 1.375% 07/06/2032 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2199266698"/>
        </identifiers>
        <balance>300000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>390731.31000000</valUSD>
        <pctVal>0.212802726531</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01375000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNITED KINGDOM,G.B. and N.IRELAND</name>
        <lei>ECTRVYYCEF89VWYS6K36</lei>
        <title>UNITED KINGDOM G.B. and N.IRELAND 1.75% 09/07/2037 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BZB26Y51"/>
        </identifiers>
        <balance>227000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73126143"/>
        <valUSD>368278.31000000</valUSD>
        <pctVal>0.200574221939</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ROMANIA, REPUBLIC OF</name>
        <lei>315700IASY927EDWBK92</lei>
        <title>ROMANIA 2.875% 05/26/2028 RGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1420357318"/>
        </identifiers>
        <balance>32000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>43881.67000000</valUSD>
        <pctVal>0.023899131658</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02875000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BELGIUM KINGDOM OF</name>
        <lei>549300SZ25JZFHRHWD76</lei>
        <title>BELGIUM KINGDOM OF 1.25% 04/22/2033 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0000346552"/>
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        <fairValLevel>2</fairValLevel>
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        <name>MEXICO UNITED MEXICAN STATES</name>
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        <cusip>N/A</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>SOCIETE DU GRAND PARIS EPIC</name>
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        <cusip>N/A</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SLOVAK, REPUBLIC OF</name>
        <lei>097900BHFM0000074794</lei>
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        <identifiers>
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        <balance>50000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>0.00000000</annualizedRt>
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        <name>BUONI DEL TESORO POLIENNALI</name>
        <lei>815600DE60799F5A9309</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005274805"/>
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        <invCountry>IT</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>TELENOR ASA</name>
        <lei>549300IM1QSBY4SLPM26</lei>
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        <identifiers>
          <isin value="XS2056395606"/>
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          <annualizedRt>0.00000000</annualizedRt>
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        <name>ONTARIO PROVINCE CDA</name>
        <lei>C7PVKCRGLG18EBQGZV36</lei>
        <title>ONTARIO PROVINCE CDA 2.7% 06/02/2029</title>
        <cusip>68333ZAE7</cusip>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02700000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DEXIA CR LOC SOCIETE ANONYME</name>
        <lei>F4G136OIPBYND1F41110</lei>
        <title>DEXIA CR LOC SOCIETE ANONYME 0.75% 01/25/2023 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1348774644"/>
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        <balance>100000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00750000</annualizedRt>
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      <invstOrSec>
        <name>CZECH REPUBLIC</name>
        <lei>3157007EFDLQABN47912</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CZ0001005946"/>
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        <balance>7310000.00000000</balance>
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        <currencyConditional curCd="CZK" exchangeRt="21.47750000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-04-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00100000</annualizedRt>
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      <invstOrSec>
        <name>NESTLE FINANCE INTL LTD</name>
        <lei>0KLLMNHINTFDRMU6DI05</lei>
        <title>NESTLE FINANCE INTL LTD 1.25% 11/02/2029 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1707075328"/>
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        <balance>30000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01250000</annualizedRt>
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        <name>AT and T INC</name>
        <lei>549300Z40J86GGSTL398</lei>
        <title>AT and T INC 0.25% 03/04/2026</title>
        <cusip>00206RJN3</cusip>
        <identifiers>
          <isin value="XS2051361264"/>
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        <balance>100000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-03-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00250000</annualizedRt>
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        <name>KOREA REPUBLIC OF</name>
        <lei>549300O0QCVSQGPGDT58</lei>
        <title>KOREA REPUBLIC OF 1.875% 03/10/2024</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR103501G935"/>
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        <balance>4163790000.00000000</balance>
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        <currencyConditional curCd="KRW" exchangeRt="1088.40500000"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01875000</annualizedRt>
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      <invstOrSec>
        <name>POLAND REPUBLIC OF</name>
        <lei>259400R9L8QEP0TPXS31</lei>
        <title>POLAND REPUBLIC OF 1.25% 10/25/2030</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PL0000112736"/>
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        <invCountry>PL</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01250000</annualizedRt>
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        <name>BNP PARIBAS</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
        <title>FX Forward: USD/GBP settle 2021-02-19</title>
        <cusip>N/A</cusip>
        <identifiers>
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        <units>NC</units>
        <curCd>N/A</curCd>
        <valUSD>-468902.83000000</valUSD>
        <pctVal>-0.25537702802</pctVal>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BANCO BILBAO VIZCAYA ARGENTARIA S.A</name>
        <lei>K8MS7FD7N5Z2WQ51AZ71</lei>
        <title>BANCO BILBAO VIZ ARGENTARIA SA 2.575%/VAR 02/22/2029 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1954087695"/>
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        <balance>100000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-22</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.02575000</annualizedRt>
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      <invstOrSec>
        <name>DEUTSCHE BANK AG</name>
        <lei>7LTWFZYICNSX8D621K86</lei>
        <title>DEUTSCHE BANK AG 2.625% 12/16/2024 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2102507600"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73126143"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-12-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02625000</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>NETHERLANDS GOVERNMENT OF</name>
        <lei>254900G14ALGVKORFN62</lei>
        <title>NETHERLANDS GOVERNMENT OF 4% 01/15/2037 REGS 144A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0000102234"/>
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        <balance>30000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>62890.54000000</valUSD>
        <pctVal>0.034251870895</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-15</maturityDt>
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        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02125000</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVT 0.1% 03/20/2023</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1051351J37"/>
        </identifiers>
        <balance>24950000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
        <valUSD>242867.13000000</valUSD>
        <pctVal>0.132271937585</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-03-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00100000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SINGAPORE REPUBLIC OF</name>
        <lei>54930035WQZLGC45RZ35</lei>
        <title>SINGAPORE REPUBLIC OF 2.25% 08/01/2036</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG31A9000002"/>
        </identifiers>
        <balance>50000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="SGD" exchangeRt="1.32160000"/>
        <valUSD>43927.81000000</valUSD>
        <pctVal>0.023924260737</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>SG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02250000</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>BANK NEDERLANDSE GEMEENTEN NV</name>
        <lei>529900GGYMNGRQTDOO93</lei>
        <title>BANK NEDERLANDSE GEMEENTEN NV 3.3% 07/17/2028 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3CB0249928"/>
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        <balance>97000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="AUD" exchangeRt="1.29710098"/>
        <valUSD>86934.51000000</valUSD>
        <pctVal>0.047346860321</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03300000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SPAIN, KINGDOM OF</name>
        <lei>9598007A56S18711AH60</lei>
        <title>SPAIN GOVT 1.95% 04/30/2026 144A RGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES00000127Z9"/>
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        <balance>40000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>55057.13000000</valUSD>
        <pctVal>0.029985586205</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01950000</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>EUROPEAN STABILITY MECHANISM</name>
        <lei>222100W4EEAQ77386N50</lei>
        <title>EUROPEAN STABILITY MECHANISM 1.2% 05/23/2033 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="EU000A1Z99D5"/>
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        <balance>37000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>53193.77000000</valUSD>
        <pctVal>0.028970750489</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01200000</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>WELLS FARGO and CO</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>WELLS FARGO and CO NEW 2.125% 09/24/2031 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2055646678"/>
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        <balance>110000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73126143"/>
        <valUSD>162896.86000000</valUSD>
        <pctVal>0.088717988715</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02125000</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>ANHEUSER BUSCH INBEV SA NV</name>
        <lei>5493008H3828EMEXB082</lei>
        <title>ANHEUSER BUSCH INBEV SA NV 3.7% 04/02/2040 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE6320936287"/>
        </identifiers>
        <balance>131000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>225960.81000000</valUSD>
        <pctVal>0.123064303337</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-04-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03700000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SPAIN, KINGDOM OF</name>
        <lei>9598007A56S18711AH60</lei>
        <title>SPAIN GOVT 1.4% 04/30/2028 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0000012B39"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>136552.86000000</valUSD>
        <pctVal>0.074370341408</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01400000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CANADA, GOVERNMENT OF</name>
        <lei>4BFD7AQU0A75QLAHK410</lei>
        <title>CANADA GOVERNMENT OF 1.25% 06/01/2030</title>
        <cusip>135087K37</cusip>
        <identifiers>
          <isin value="CA135087K379"/>
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        <balance>216000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.27290000"/>
        <valUSD>178561.02000000</valUSD>
        <pctVal>0.097249109390</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01250000</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>CROATIA, REPUBLIC OF</name>
        <lei>74780000O00QGQ7CER13</lei>
        <title>CROATIA REPUBLIC OF 1.125% 06/19/2029 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1843434876"/>
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        <balance>151000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>194153.78000000</valUSD>
        <pctVal>0.105741343713</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>HR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01125000</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>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVT 0.5% 03/20/2049</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1300621K47"/>
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        <balance>10450000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
        <valUSD>98286.98000000</valUSD>
        <pctVal>0.053529719250</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-03-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00500000</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>AIRBUS SE</name>
        <lei>MINO79WLOO247M1IL051</lei>
        <title>AIRBUS SE 2.375% 06/09/2040 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2185868051"/>
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        <balance>166000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>240811.67000000</valUSD>
        <pctVal>0.131152479069</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-06-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02375000</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>ASIAN DEVELOPMENT BANK</name>
        <lei>549300X0MVH42CY8Q105</lei>
        <title>ASIAN DEVELOPMENT BANK 1.375% 03/07/2025</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1873225376"/>
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        <balance>25000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73126143"/>
        <valUSD>35948.16000000</valUSD>
        <pctVal>0.019578329829</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-03-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01375000</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>JAB HOLDINGS BV</name>
        <lei>529900RRNKUM3INJGF98</lei>
        <title>JAB HOLDINGS BV 2.5% 06/25/2029 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A1919H2"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>139822.48000000</valUSD>
        <pctVal>0.076151063948</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02500000</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>TRANSCANADA PIPELINES LTD</name>
        <lei>5BV01I6231JPDAPMGH09</lei>
        <title>TRANSCANADA PIPELINES LTD MTN 4.18% 07/03/2048</title>
        <cusip>89353ZCC0</cusip>
        <identifiers>
          <isin value="CA89353ZCC01"/>
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        <balance>33000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.27290000"/>
        <valUSD>28997.17000000</valUSD>
        <pctVal>0.015792634682</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-07-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04180000</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>DEUTSCHE BANK AG</name>
        <lei>7LTWFZYICNSX8D621K86</lei>
        <title>DEUTSCHE BANK AG 1.625% 01/20/2027 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000DL19U23"/>
        </identifiers>
        <balance>300000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>382343.71000000</valUSD>
        <pctVal>0.208234615138</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01625000</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>RUSSIAN FEDN</name>
        <lei>5493004EHVGF71PDBU58</lei>
        <title>RUSSIAN FEDN 7.7% 03/23/2033</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="RU000A0JXFM1"/>
        </identifiers>
        <balance>2462000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="RUB" exchangeRt="73.94625000"/>
        <valUSD>37422.97000000</valUSD>
        <pctVal>0.020381550817</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-03-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07700000</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>SINGAPORE REPUBLIC OF</name>
        <lei>54930035WQZLGC45RZ35</lei>
        <title>SINGAPORE REPUBLIC OF 2.375% 07/01/2039</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SGXF13029610"/>
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        <balance>191000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="SGD" exchangeRt="1.32160000"/>
        <valUSD>172343.68000000</valUSD>
        <pctVal>0.093862979663</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>SG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02375000</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>MALAYSIA GOVT OF</name>
        <lei>254900GSIL471JOBYY43</lei>
        <title>MALAYSIA GOVT OF 3.9% 11/30/2026</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYBMO1600034"/>
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        <balance>152000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="MYR" exchangeRt="4.02250000"/>
        <valUSD>41117.46000000</valUSD>
        <pctVal>0.022393668928</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03900000</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>HUNGARY REPUBLIC OF</name>
        <lei>5299008DH62LEB10JK83</lei>
        <title>HUNGARY REPUBLIC OF 1.5% 08/23/2023</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HU0000404280"/>
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        <balance>63350000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="HUF" exchangeRt="296.84860000"/>
        <valUSD>217700.10000000</valUSD>
        <pctVal>0.118565299633</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>HU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-08-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01500000</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>ITALY REPUBLIC OF</name>
        <lei>815600DE60799F5A9309</lei>
        <title>ITALY REPUBLIC OF 5% 03/01/2025 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0004513641"/>
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        <balance>80000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>118832.34000000</valUSD>
        <pctVal>0.064719272054</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>BUONI DEL TESORO POLIENNALI</name>
        <lei>815600DE60799F5A9309</lei>
        <title>BUONI POLIENNALI DEL TES 2.5% 12/01/2024</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005045270"/>
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        <balance>90000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>121471.98000000</valUSD>
        <pctVal>0.066156890629</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02500000</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>AUSTRIA REPUBLIC OF</name>
        <lei>529900QWWUI4XRVR7I03</lei>
        <title>AUSTRIA REPUBLIC OF 0% 07/15/2024 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AT0000A28KX7"/>
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        <balance>179000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>223995.72000000</valUSD>
        <pctVal>0.121994062742</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</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>MALAYSIA GOVT OF</name>
        <lei>254900GSIL471JOBYY43</lei>
        <title>MALAYSIA GOVT OF 4.921% 07/06/2048</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYBMZ1800051"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="MYR" exchangeRt="4.02250000"/>
        <valUSD>14555.81000000</valUSD>
        <pctVal>0.007927483607</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-07-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04921000</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>KOREA REPUBLIC OF</name>
        <lei>549300O0QCVSQGPGDT58</lei>
        <title>KOREA REPUBLIC OF 2.375% 03/10/2023</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR103501G836"/>
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        <balance>703900000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="KRW" exchangeRt="1088.40500000"/>
        <valUSD>666151.34000000</valUSD>
        <pctVal>0.362803844500</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-03-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02375000</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>AFRICAN DEVELOPMENT BANK</name>
        <lei>549300LNCLMO3ITVCU07</lei>
        <title>AFRICAN DEVELOPMENT BANK 0.125% 10/07/2026</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1501560848"/>
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        <balance>41000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>51476.08000000</valUSD>
        <pctVal>0.028035250554</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00125000</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>BUONI DEL TESORO POLIENNALI</name>
        <lei>815600DE60799F5A9309</lei>
        <title>BUONI DEL TESORO POLIENNALI 0.05% 04/15/2021</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005330961"/>
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        <balance>65000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>79525.57000000</valUSD>
        <pctVal>0.043311753350</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00050000</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>FRANCE REPUBLIC OF</name>
        <lei>969500KCGF3SUYJHPV70</lei>
        <title>FRANCE REPUBLIC OF 1.5% 05/25/2050 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013404969"/>
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        <balance>139000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>226185.39000000</valUSD>
        <pctVal>0.123186615614</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01500000</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>FRANCE REPUBLIC OF</name>
        <lei>969500KCGF3SUYJHPV70</lei>
        <title>FRANCE GOVT 0.75% 05/25/2028 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013286192"/>
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        <balance>32000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>42839.84000000</valUSD>
        <pctVal>0.023331723163</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00750000</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>NORDIC INVESTMENT BANK</name>
        <lei>213800HYL1S7VAXG6Z48</lei>
        <title>NORDIC INVESTMENT BANK 1.125% 12/15/2023 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1750210780"/>
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        <balance>40000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73126143"/>
        <valUSD>56368.13000000</valUSD>
        <pctVal>0.030699591884</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01125000</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>ASSICURAZIONI GENERALI SPA</name>
        <lei>549300X5UKJVE386ZB61</lei>
        <title>ASSICURAZIONI GENERALI SPA 5.5%/VAR 10/27/47 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1311440082"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>150293.49000000</valUSD>
        <pctVal>0.081853856175</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-10-27</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05500000</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>SOCIETE GENERALE SFH</name>
        <lei>969500KN90DZLHUN3566</lei>
        <title>SOCIETE GENERALE SFH 0.25% 09/11/2023 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013358496"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>124660.59000000</valUSD>
        <pctVal>0.067893492955</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-09-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00250000</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>THE BANK OF NOVA SCOTIA</name>
        <lei>L3I9ZG2KFGXZ61BMYR72</lei>
        <title>BANK OF NOVA SCOTIA 0.25% 01/11/2024 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1934392413"/>
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        <balance>797000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>993877.86000000</valUSD>
        <pctVal>0.541292476529</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00250000</annualizedRt>
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      <invstOrSec>
        <name>SLOVENIA REPUBLIC OF</name>
        <lei>485100000LWQHIX4XX88</lei>
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        <cusip>N/A</cusip>
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        <balance>84000.00000000</balance>
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        <invCountry>SI</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-03-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01250000</annualizedRt>
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      <invstOrSec>
        <name>JPMORGAN CHASE BANK NA NEW YORK NY</name>
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        <cusip>N/A</cusip>
        <identifiers>
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        <balance>1.00000000</balance>
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        <curCd>N/A</curCd>
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        <assetCat>DFE</assetCat>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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      <invstOrSec>
        <name>BANK OF MONTREAL</name>
        <lei>NQQ6HPCNCCU6TUTQYE16</lei>
        <title>BANK OF MONTREAL QUE 3.19% 03/01/2028</title>
        <cusip>06368BTX6</cusip>
        <identifiers>
          <isin value="CA06368BTX69"/>
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        <balance>65000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03190000</annualizedRt>
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      <invstOrSec>
        <name>SKANDINAVISKA ENSKILDA BANKEN</name>
        <lei>F3JS33DEI6XQ4ZBPTN86</lei>
        <title>SKANDINAVISKA ENSKILDA BANKEN 0.75% 11/15/2027 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1716825507"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00750000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HUNGARY REPUBLIC OF</name>
        <lei>5299008DH62LEB10JK83</lei>
        <title>HUNGARY REPUBLIC OF 2.5% 10/24/2024</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HU0000403571"/>
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        <balance>11820000.00000000</balance>
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        <currencyConditional curCd="HUF" exchangeRt="296.84860000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>HU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-10-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02500000</annualizedRt>
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      <invstOrSec>
        <name>LAND NORDRHEIN WESTFALEN</name>
        <lei>529900VWPV1LPOHGJ702</lei>
        <title>LAND NORDRHEIN WESTFALEN 0.625% 07/21/2031 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000NRW0JQ3"/>
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        <balance>24000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00625000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SWITZERLAND CONFEDERATION</name>
        <lei>5067006OA1BJ88912Q83</lei>
        <title>SWITZERLAND CONFEDERATION 0% 06/26/2034 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0440081393"/>
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        <balance>24000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CHF" exchangeRt="0.88530000"/>
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        <pctVal>0.015560340477</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LITHUANIA REPUBLIC OF</name>
        <lei>529900F7Y171QF1RSU09</lei>
        <title>REPUBLIC OF LITHUANIA 0.5% 06/19/2029 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2013677864"/>
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        <balance>32000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>LT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NATWEST GROUP PLC (UNGTD)</name>
        <lei>2138005O9XJIJN4JPN90</lei>
        <title>ROYAL BK SCOTLND GRP PLC(UNGTD 1.75%/VAR 03/02/2026 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1788515606"/>
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        <balance>110000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-02</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.01750000</annualizedRt>
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          <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>ING GROEP NV</name>
        <lei>549300NYKK9MWM7GGW15</lei>
        <title>ING GROEP NV 2.125%/VAR 05/26/2031 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2176621170"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>521785.28000000</valUSD>
        <pctVal>0.284178225308</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-26</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.02125000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT OF 0.4% 06/20/2049</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1300631K78"/>
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        <balance>9150000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
        <valUSD>83614.10000000</valUSD>
        <pctVal>0.045538476188</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-06-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00400000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PFANDBRIEFBANK DER SCHWEIZERISCHER HYPOTHEKARINSTITUTE AG</name>
        <lei>506700TO413KE9G6WX83</lei>
        <title>PFANDBRIEFBANK SCHWEIZERISCHER 0.1% 12/03/2031 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0461238963"/>
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        <balance>195000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CHF" exchangeRt="0.88530000"/>
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        <pctVal>0.122936893353</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00100000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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        <name>EUROPEAN STABILITY MECHANISM</name>
        <lei>222100W4EEAQ77386N50</lei>
        <title>EUROPEAN STABILITY MECHANISM 0.875% 07/18/2042 RGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="EU000A1U9977"/>
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        <balance>34000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00875000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ITALY REPUBLIC OF</name>
        <lei>815600DE60799F5A9309</lei>
        <title>ITALY GOVT 6.5% 11/01/27</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0001174611"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06500000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>THAILAND KINGDOM OF</name>
        <lei>254900PHJ6MSKT6C7026</lei>
        <title>THAILAND KINGDOM OF 2.4% 12/17/2023</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TH0623A33C00"/>
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        <balance>6969000.00000000</balance>
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        <currencyConditional curCd="THB" exchangeRt="29.95000000"/>
        <valUSD>245828.18000000</valUSD>
        <pctVal>0.133884604646</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02400000</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>INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT</name>
        <lei>ZTMSNXROF84AHWJNKQ93</lei>
        <title>INTERNATIONAL BK RECON and DEVEL 2.8% 01/12/2022</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3CB0241784"/>
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        <balance>89000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="AUD" exchangeRt="1.29710098"/>
        <valUSD>70485.04000000</valUSD>
        <pctVal>0.038388038807</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-01-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02800000</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>
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        <lei>571474TGEMMWANRLN572</lei>
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        <cusip>N/A</cusip>
        <identifiers>
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        <curCd>N/A</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
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      </invstOrSec>
      <invstOrSec>
        <name>GOLDMAN SACHS BANK USA</name>
        <lei>KD3XUN7C6T14HNAYLU02</lei>
        <title>FX Forward: USD/MXN settle 2021-02-19</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal FX transaction ID" value="19561"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>N/A</curCd>
        <valUSD>-46325.52000000</valUSD>
        <pctVal>-0.02523011776</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>GOLDMAN SACHS BANK USA</counterpartyName>
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            <amtCurPur>1700067.60000000</amtCurPur>
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      <invstOrSec>
        <name>BUONI DEL TESORO POLIENNALI</name>
        <lei>815600DE60799F5A9309</lei>
        <title>BUONI DEL TESORO POLIENNALI 1.7% 09/01/2051 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005425233"/>
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        <balance>85000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01700000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>INTER AMERICAN DEV BANK</name>
        <lei>VKU1UKDS9E7LYLMACP54</lei>
        <title>INTER AMERICAN DEV BANK 3.15% 06/26/2029</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3CB0254829"/>
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        <balance>120000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="AUD" exchangeRt="1.29710098"/>
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        <pctVal>0.058642310352</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03150000</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>HYDRO ONE INC</name>
        <lei>549300X54QEYZVDC8R04</lei>
        <title>HYDRO ONE MED TERM NTS CDS 3.02% 04/05/2029</title>
        <cusip>44810ZBZ2</cusip>
        <identifiers>
          <isin value="CA44810ZBZ23"/>
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        <balance>30000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.27290000"/>
        <valUSD>26618.19000000</valUSD>
        <pctVal>0.014496978517</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03020000</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>FRANCE REPUBLIC OF</name>
        <lei>969500KCGF3SUYJHPV70</lei>
        <title>FRANCE REPUBLIC OF 0% 11/25/2029 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013451507"/>
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        <balance>194000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>245791.39000000</valUSD>
        <pctVal>0.133864567828</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</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>UNICREDIT BANK AG</name>
        <lei>2ZCNRR8UK83OBTEK2170</lei>
        <title>UNICREDIT BANK AG 0.25% 01/15/2032 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000HV2AS10"/>
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        <balance>39000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <pctVal>0.027198840010</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00250000</annualizedRt>
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          <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>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT OF 1.6% 12/20/2033</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1201471DC6"/>
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        <balance>33050000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01600000</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>NETHERLANDS GOVERNMENT OF</name>
        <lei>254900G14ALGVKORFN62</lei>
        <title>NETHERLANDS GOVERNMENT OF 0.25% 07/15/2025 REGS 144A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0011220108"/>
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        <balance>91000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>116053.18000000</valUSD>
        <pctVal>0.063205667154</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00250000</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>HUNGARY REPUBLIC OF</name>
        <lei>5299008DH62LEB10JK83</lei>
        <title>HUNGARY REPUBLIC OF 3.0% 06/26/2024</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HU0000403068"/>
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        <balance>7530000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="HUF" exchangeRt="296.84860000"/>
        <valUSD>27114.98000000</valUSD>
        <pctVal>0.014767543644</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>HU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</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>KREDITANSTALT FUR WIEDERAUFB</name>
        <lei>549300GDPG70E3MBBU98</lei>
        <title>KREDITANSTALT FUR WIEDER(UNGTD 2.9% 06/06/2022</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000KFWHAF2"/>
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        <balance>364000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="AUD" exchangeRt="1.29710098"/>
        <valUSD>291574.50000000</valUSD>
        <pctVal>0.158799274588</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-06-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02900000</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>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT OF 1.6% 03/20/2033</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1201431D38"/>
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        <balance>4300000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
        <valUSD>49051.77000000</valUSD>
        <pctVal>0.026714906458</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-03-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01600000</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>KOREA REPUBLIC OF</name>
        <lei>549300O0QCVSQGPGDT58</lei>
        <title>KOREA REPUBLIC OF 1.375% 12/10/2029</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR103502G9C8"/>
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        <balance>41420000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="KRW" exchangeRt="1088.40500000"/>
        <valUSD>36940.71000000</valUSD>
        <pctVal>0.020118899117</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01375000</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>VERIZON COMMUNICATIONS INC</name>
        <lei>2S72QS2UO2OESLG6Y829</lei>
        <title>VERIZON COMMUNICATIONS INC 3.375% 10/27/2036</title>
        <cusip>92343VEF7</cusip>
        <identifiers>
          <isin value="XS1708168890"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73126143"/>
        <valUSD>174726.84000000</valUSD>
        <pctVal>0.095160912367</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-27</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>
        <name>PERU, REPUBLIC OF</name>
        <lei>254900STKLK2DBJJZ530</lei>
        <title>PERU REPUBLIC OF 5.94% 02/12/2029</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PEP01000C5F6"/>
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        <balance>362000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="PEN" exchangeRt="3.62000000"/>
        <valUSD>124563.40000000</valUSD>
        <pctVal>0.067840560681</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05940000</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>SIEMENS FINANCIERINGSMAATSCHAPPIJ NV</name>
        <lei>TAFO772JB70PDRN5VS48</lei>
        <title>SIEMENS FINANCIERINGSMAATSCHAPPIJ NV 1.75% 02/28/2039 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1955187932"/>
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        <balance>23000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>35010.16000000</valUSD>
        <pctVal>0.019067469930</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-02-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01750000</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>UNICREDIT BANK AG</name>
        <lei>2ZCNRR8UK83OBTEK2170</lei>
        <title>UNICREDIT BANK AG 0.85% 05/22/2034 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000HV2ASK2"/>
        </identifiers>
        <balance>102000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>KREDITANSTALT FUR WIEDERAUFB</name>
        <lei>549300GDPG70E3MBBU98</lei>
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        <cusip>N/A</cusip>
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          <isin value="DE000A2YNZ16"/>
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        <balance>86000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>0.00050000</annualizedRt>
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      <invstOrSec>
        <name>SPAIN, KINGDOM OF</name>
        <lei>9598007A56S18711AH60</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES00000126Z1"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>INDONESIA REPUBLIC OF</name>
        <lei>254900G208H6Q0L5B953</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1647481206"/>
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        <balance>129000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <invCountry>ID</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-07-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02150000</annualizedRt>
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      <invstOrSec>
        <name>SPAIN, KINGDOM OF</name>
        <lei>9598007A56S18711AH60</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0000012E51"/>
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        <balance>2826000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <invCountry>ES</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01450000</annualizedRt>
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      <invstOrSec>
        <name>EUROPEAN INVESTMENT BANK</name>
        <lei>5493006YXS1U5GIHE750</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1850111789"/>
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        <balance>577000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00375000</annualizedRt>
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      <invstOrSec>
        <name>MALAYSIA GOVT OF</name>
        <lei>254900GSIL471JOBYY43</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYBGH1800044"/>
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        <balance>1277000.00000000</balance>
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        <currencyConditional curCd="MYR" exchangeRt="4.02250000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-03-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03729000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PORTUGAL OBRIGACOES DO TESOURO OT</name>
        <lei>549300FLKF3NX2O0U724</lei>
        <title>PORTUGAL OBRIGACOES DO TESOURO OT 2.875% 10/15/2025 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PTOTEKOE0011"/>
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        <balance>22000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <pctVal>0.016980144311</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02875000</annualizedRt>
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      <invstOrSec>
        <name>UNITED KINGDOM,G.B. and N.IRELAND</name>
        <lei>ECTRVYYCEF89VWYS6K36</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B6460505"/>
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        <balance>19000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73126143"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-12-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04250000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>POLAND REPUBLIC OF</name>
        <lei>259400R9L8QEP0TPXS31</lei>
        <title>POLAND REPUBLIC OF 1% 03/07/2029 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1958534528"/>
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        <balance>309000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>412583.04000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GOLDMAN SACHS BANK USA</name>
        <lei>KD3XUN7C6T14HNAYLU02</lei>
        <title>FX Forward: USD/COP settle 2021-02-19</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal FX transaction ID" value="19516"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>N/A</curCd>
        <valUSD>-18657.86000000</valUSD>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>COMMERZBANK AG</name>
        <lei>851WYGNLUQLFZBSYGB56</lei>
        <title>COMMERZBANK AG 1.25% 01/09/2034</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000CZ40NP5"/>
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        <balance>58000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <pctVal>0.045376482405</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-01-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01250000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>ONTARIO PROVINCE CDA</name>
        <lei>C7PVKCRGLG18EBQGZV36</lei>
        <title>ONTARIO PROVINCE CDA 2.8% 06/02/2048</title>
        <cusip>68323ADZ4</cusip>
        <identifiers>
          <isin value="CA68323ADZ45"/>
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        <balance>33000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.27290000"/>
        <valUSD>30141.24000000</valUSD>
        <pctVal>0.016415725816</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-06-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02800000</annualizedRt>
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        <name>FRANCE REPUBLIC OF</name>
        <lei>969500KCGF3SUYJHPV70</lei>
        <title>FRANCE REPUBLIC OF 0% 02/25/2023 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013479102"/>
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        <balance>373000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>462731.12000000</valUSD>
        <pctVal>0.252015749613</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EUROPEAN FINANCIAL STABILITY FACILITY</name>
        <lei>222100OW6UHQXNHKN143</lei>
        <title>EUROPEAN FINANCIAL STBLTY FCTY 0% 11/17/2022 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="EU000A1G0DK9"/>
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        <balance>79000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>97750.51000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-11-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NATWEST GROUP PLC (UNGTD)</name>
        <lei>2138005O9XJIJN4JPN90</lei>
        <title>ROYAL BK SCOTLND GRP PLC(UNGTD) 3.622%/VAR 08/14/2030 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2172960481"/>
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        <balance>411000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73126143"/>
        <valUSD>604386.25000000</valUSD>
        <pctVal>0.329164923789</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-14</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.03622000</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>GERMANY FEDERAL REPUBLIC OF</name>
        <lei>529900AQBND3S6YJLY83</lei>
        <title>GERMANY FEDERAL REPUBLIC OF 0% 03/12/2021 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0001104750"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>122324.79000000</valUSD>
        <pctVal>0.066621353774</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>EUROPEAN FINANCIAL STABILITY FACILITY</name>
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        <name>LANDWIRTSCHAFTLICHE RENTENBANK</name>
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        <name>QUEBEC PROVINCE CDA</name>
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        <name>BNP PARIBAS</name>
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        <name>CREDIT AGRICOLE SA</name>
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        <name>NEW SOUTH WALES TREASURY CORP</name>
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        <name>BRITISH COLUMBIA PROVINCE CDA</name>
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        <name>EUROPEAN INVESTMENT BANK</name>
        <lei>5493006YXS1U5GIHE750</lei>
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        <invCountry>LU</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AUSTRALIA, COMMONWEALTH OF</name>
        <lei>213800J6B7JSBDETCB42</lei>
        <title>AUSTRALIA GOVT 3.25% 4/21/25 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3TB0000168"/>
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        <balance>56000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03250000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT OF 0.1% 09/20/2030</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1103601LA4"/>
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        <balance>32050000.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00100000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>RTE RESEAU DE TRANSPORT D'ELECTRICITE</name>
        <lei>969500JRJW0K2ET1UP76</lei>
        <title>RTE EDF TRANSPORT SA 0% 09/09/2027 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013445137"/>
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        <balance>100000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FRANCE REPUBLIC OF</name>
        <lei>969500KCGF3SUYJHPV70</lei>
        <title>FRANCE REPUBLIC OF 1.25% 5/25/36 144A RGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013154044"/>
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        <balance>201000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01250000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>THE BANK OF NOVA SCOTIA</name>
        <lei>L3I9ZG2KFGXZ61BMYR72</lei>
        <title>BANK OF NOVA SCOTIA 3.1% 02/02/2028</title>
        <cusip>064151S95</cusip>
        <identifiers>
          <isin value="CA064151S959"/>
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        <balance>85000.00000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.27290000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03100000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>VOLKSWAGEN INTL FINANCE NV</name>
        <lei>5299004PWNHKYTR23649</lei>
        <title>VOLKSWAGEN INTL FINANCE NV 4.125% 11/16/2038 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1910948675"/>
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        <balance>200000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-11-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04125000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LANDWIRTSCHAFTLICHE RENTENBANK</name>
        <lei>529900Z3J0N6S0F7CT25</lei>
        <title>LANDWIRTSCHAFTLICHE RENTENBANK 0.05% 12/18/2029 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2021173922"/>
        </identifiers>
        <balance>42000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>53304.36000000</valUSD>
        <pctVal>0.029030980762</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00050000</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>ASIAN DEVELOPMENT BANK</name>
        <lei>549300X0MVH42CY8Q105</lei>
        <title>ASIAN DEVELOPMENT BANK 3.3% 08/08/2028 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3CB0250520"/>
        </identifiers>
        <balance>55000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="AUD" exchangeRt="1.29710098"/>
        <valUSD>49726.81000000</valUSD>
        <pctVal>0.027082551305</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03300000</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>EUROPEAN STABILITY MECHANISM</name>
        <lei>222100W4EEAQ77386N50</lei>
        <title>EUROPEAN STABILITY MECHANISM 0.01% 03/04/2030</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="EU000A1Z99L8"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>44368.95000000</valUSD>
        <pctVal>0.024164517384</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00010000</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>FRANCE REPUBLIC OF</name>
        <lei>969500KCGF3SUYJHPV70</lei>
        <title>FRANCE GOVT 1% 11/25/25 RGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0012938116"/>
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        <balance>36000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>47606.38000000</valUSD>
        <pctVal>0.025927708389</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01000000</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>EQUINOR ASA</name>
        <lei>OW6OFBNCKXC4US5C7523</lei>
        <title>EQUINOR ASA 1.375% 05/22/2032 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2178833690"/>
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        <balance>241000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>328475.88000000</valUSD>
        <pctVal>0.178896753536</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01375000</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>DENMARK KINGDOM OF</name>
        <lei>549300PTO6LS1PTM6607</lei>
        <title>DENMARK KINGDOM OF 0.5% 11/15/2029 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0009923807"/>
        </identifiers>
        <balance>3008000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="DKK" exchangeRt="6.09240000"/>
        <valUSD>535731.49000000</valUSD>
        <pctVal>0.291773704443</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00500000</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>FINLAND REPUBLIC OF</name>
        <lei>743700M6Y2OQRVSBRD14</lei>
        <title>FINLAND GOVERNMENT 0.5% 04/15/2026 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI4000197959"/>
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        <balance>44000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>57196.53000000</valUSD>
        <pctVal>0.031150760690</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>FI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00500000</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>BUONI DEL TESORO POLIENNALI</name>
        <lei>815600DE60799F5A9309</lei>
        <title>BUONI DEL TESORO POLIENNALI 1.45% 05/15/2025 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005327306"/>
        </identifiers>
        <balance>80000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>104466.13000000</valUSD>
        <pctVal>0.056895049680</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01450000</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>EUROFIMA</name>
        <lei>4S66HJ5RNB5ZWG9YW219</lei>
        <title>EUROFIMA 0.15% 10/10/2034 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2055744689"/>
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        <balance>191000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>235251.58000000</valUSD>
        <pctVal>0.128124305280</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00150000</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>EUROPEAN INVESTMENT BANK</name>
        <lei>5493006YXS1U5GIHE750</lei>
        <title>EUROPEAN INVESTMENT BANK 1.5% 01/26/2024</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1555330999"/>
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        <balance>740000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="NOK" exchangeRt="8.57425000"/>
        <valUSD>88420.43000000</valUSD>
        <pctVal>0.048156132113</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01500000</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>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT OF 0.1% 03/20/2029</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1103541K42"/>
        </identifiers>
        <balance>11450000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
        <valUSD>112266.67000000</valUSD>
        <pctVal>0.061143432489</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00100000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT OF 1.4% 03/20/2055</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1400081F45"/>
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        <balance>5500000.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
        <valUSD>65172.78000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-03-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01400000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>POLAND REPUBLIC OF</name>
        <lei>259400R9L8QEP0TPXS31</lei>
        <title>POLAND GOVT 2.5% 01/25/2023</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PL0000110151"/>
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        <balance>140000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="PLN" exchangeRt="3.73570000"/>
        <valUSD>39363.92000000</valUSD>
        <pctVal>0.021438644123</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02500000</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>NEDERLANDSE WATERSCHAPSBANK NV</name>
        <lei>JLP5FSPH9WPSHY3NIM24</lei>
        <title>NEDERLANDSE WTRSCHPSBK NVSRNTS 3.3% 05/02/2029 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3CB0258135"/>
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        <balance>40000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="AUD" exchangeRt="1.29710098"/>
        <valUSD>35997.63000000</valUSD>
        <pctVal>0.019605272514</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03300000</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>BUONI DEL TESORO POLIENNALI</name>
        <lei>815600DE60799F5A9309</lei>
        <title>BUONI DEL TESORO POLIENNALI 0.35% 02/01/2025</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005386245"/>
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        <balance>32000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>39948.54000000</valUSD>
        <pctVal>0.021757043818</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00350000</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>BUONI DEL TESORO POLIENNALI</name>
        <lei>815600DE60799F5A9309</lei>
        <title>BUONI DEL TESORO POLIENNALI 1.75% 07/01/2024 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005367492"/>
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        <balance>185000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>241622.21000000</valUSD>
        <pctVal>0.131593920842</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01750000</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>ITALY REPUBLIC OF</name>
        <lei>815600DE60799F5A9309</lei>
        <title>ITALY REPUBLIC OF 5% 08/01/2039 REGS 144A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0004286966"/>
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        <balance>20000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>40564.16000000</valUSD>
        <pctVal>0.022092326943</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>ELECTRICITE DE FRANCE</name>
        <lei>549300X3UK4GG3FNMO06</lei>
        <title>ELECTRICITE DE FRANCE 2% 12/09/2049 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013465424"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>284285.28000000</valUSD>
        <pctVal>0.154829370333</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02000000</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>FINLAND REPUBLIC OF</name>
        <lei>743700M6Y2OQRVSBRD14</lei>
        <title>FINLAND REPUBLIC OF 0.5% 09/15/2028 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI4000348727"/>
        </identifiers>
        <balance>400000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>528935.35000000</valUSD>
        <pctVal>0.288072344750</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>FI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00500000</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>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVT 0.6% 12/20/2037</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1201631HC6"/>
        </identifiers>
        <balance>6700000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
        <valUSD>67918.16000000</valUSD>
        <pctVal>0.036990047275</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00600000</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>MALAYSIA GOVT OF</name>
        <lei>254900GSIL471JOBYY43</lei>
        <title>MALAYSIA GOVT 4.059% 09/30/2024</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYBML1700020"/>
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        <balance>219000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="MYR" exchangeRt="4.02250000"/>
        <valUSD>58271.83000000</valUSD>
        <pctVal>0.031736397843</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04059000</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>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT OF 0.3% 12/20/2025</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1103411FC6"/>
        </identifiers>
        <balance>13500000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
        <valUSD>133389.23000000</valUSD>
        <pctVal>0.072647343858</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00300000</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>KREDITANSTALT FUR WIEDERAUFB</name>
        <lei>549300GDPG70E3MBBU98</lei>
        <title>KREDITANSTALT FUR WIEDER(UNGTD 1.25% 08/28/2023</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2046690827"/>
        </identifiers>
        <balance>380000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="NOK" exchangeRt="8.57425000"/>
        <valUSD>45015.50000000</valUSD>
        <pctVal>0.024516645815</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-08-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01250000</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>EUROPEAN INVESTMENT BANK</name>
        <lei>5493006YXS1U5GIHE750</lei>
        <title>EUROPEAN INVESTMENT BANK 2.375% 01/18/2023 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1751357077"/>
        </identifiers>
        <balance>294000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.27290000"/>
        <valUSD>240641.62000000</valUSD>
        <pctVal>0.131059865289</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-01-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02375000</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>SPAIN, KINGDOM OF</name>
        <lei>9598007A56S18711AH60</lei>
        <title>SPAIN KINGDOM OF 2.15% 10/31/2025 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES00000127G9"/>
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        <balance>44000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>60526.82000000</valUSD>
        <pctVal>0.032964525735</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02150000</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>GERMANY FEDERAL REPUBLIC OF</name>
        <lei>529900AQBND3S6YJLY83</lei>
        <title>GERMANY FEDERAL REPUBLIC OF 1.25% 08/15/2048 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0001102432"/>
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        <balance>20000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>34413.93000000</valUSD>
        <pctVal>0.018742747118</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01250000</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>KREDITANSTALT FUR WIEDERAUFB</name>
        <lei>549300GDPG70E3MBBU98</lei>
        <title>KREDITANSTALT FUR WIEDER(UNGTD 1.125% 12/07/2021 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1932958603"/>
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        <balance>145000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73126143"/>
        <valUSD>200422.26000000</valUSD>
        <pctVal>0.109155325652</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-12-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01125000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LA POSTE</name>
        <lei>9695000YG7TR7PAP0L59</lei>
        <title>LA POSTE 1.375% 04/21/2032 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013508694"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01375000</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANCO SANTANDER SA</name>
        <lei>5493006QMFDDMYWIAM13</lei>
        <title>BANCO SANTANDER SA 1.375% 02/09/2022 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1557268221"/>
        </identifiers>
        <balance>1300000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>1616652.19000000</valUSD>
        <pctVal>0.880472040711</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-02-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01375000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BMW FINANCE NV</name>
        <lei>5299006ZHG3IXU0PNJ56</lei>
        <title>BMW FINANCE NV 0.125% 07/13/2022 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2010445026"/>
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        <balance>457000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>561202.76000000</valUSD>
        <pctVal>0.305646039640</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-07-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00125000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DAIMLER AG</name>
        <lei>529900R27DL06UVNT076</lei>
        <title>DAIMLER AG 1.125% 08/08/2034 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A2YNZY4"/>
        </identifiers>
        <balance>27000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>35042.46000000</valUSD>
        <pctVal>0.019085061374</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01125000</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>KOREA REPUBLIC OF</name>
        <lei>549300O0QCVSQGPGDT58</lei>
        <title>KOREA REPUBLIC OF 1.375% 06/10/2030</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR103502GA67"/>
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        <balance>368030000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="KRW" exchangeRt="1088.40500000"/>
        <valUSD>327200.87000000</valUSD>
        <pctVal>0.178202348973</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01375000</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>BROWN BROTHERS HARRIMAN and CO.</name>
        <lei>5493006KMX1VFTPYPW14</lei>
        <title>FX Forward: USD/EUR settle 2021-02-19</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal FX transaction ID" value="19549"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>N/A</curCd>
        <valUSD>-2356267.20000000</valUSD>
        <pctVal>-1.28328616561</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>BROWN BROTHERS HARRIMAN and CO.</counterpartyName>
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            <amtCurSold>69805000.00000000</amtCurSold>
            <curSold>EUR</curSold>
            <amtCurPur>83010709.90000000</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2021-02-19</settlementDt>
            <unrealizedAppr>-2356267.20000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FRANCE REPUBLIC OF</name>
        <lei>969500KCGF3SUYJHPV70</lei>
        <title>FRANCE GOVT 0% 02/25/2022 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013398583"/>
        </identifiers>
        <balance>510000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>628039.54000000</valUSD>
        <pctVal>0.342047138433</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</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>KOREA REPUBLIC OF</name>
        <lei>549300O0QCVSQGPGDT58</lei>
        <title>KOREA GOVT 2.375% 12/10/2028</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR103502G8C0"/>
        </identifiers>
        <balance>514930000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="KRW" exchangeRt="1088.40500000"/>
        <valUSD>499484.40000000</valUSD>
        <pctVal>0.272032569338</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02375000</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>SPAIN, KINGDOM OF</name>
        <lei>9598007A56S18711AH60</lei>
        <title>SPAIN KINGDOM OF 2.7% 10/31/2048 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0000012B47"/>
        </identifiers>
        <balance>69000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>123822.61000000</valUSD>
        <pctVal>0.067437106625</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-10-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02700000</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>SAUDI ARABIA KINGDOM OF</name>
        <lei>54930044PULMORCKB765</lei>
        <title>SAUDI ARABIA KINGDOM OF 2% 07/09/2039 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2024543055"/>
        </identifiers>
        <balance>163000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>216054.91000000</valUSD>
        <pctVal>0.117669285137</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02000000</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>SWEDBANK HYPOTEK AB</name>
        <lei>549300TJREQ7GHIXWR36</lei>
        <title>SWEDBANK MTG AB PUBL MTN 144A 1% 09/18/2024 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0012142206"/>
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        <balance>800000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="SEK" exchangeRt="8.22760000"/>
        <valUSD>100623.24000000</valUSD>
        <pctVal>0.054802108959</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-09-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01000000</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>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT OF 0.1% 05/01/2022</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1024121L54"/>
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        <balance>71650000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
        <valUSD>695974.05000000</valUSD>
        <pctVal>0.379046090356</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00100000</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>SINGAPORE REPUBLIC OF</name>
        <lei>54930035WQZLGC45RZ35</lei>
        <title>SINGAPORE REPUBLIC OF 2.125% 06/01/2026</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG31A8000003"/>
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        <balance>271000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="SGD" exchangeRt="1.32160000"/>
        <valUSD>221873.25000000</valUSD>
        <pctVal>0.120838108787</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>SG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02125000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <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 3% VAR 07/22/2028</title>
        <cusip>404280CB3</cusip>
        <identifiers>
          <isin value="XS1961843171"/>
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        <balance>110000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73126143"/>
        <valUSD>167950.41000000</valUSD>
        <pctVal>0.091470287267</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-22</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GERMANY FEDERAL REPUBLIC OF</name>
        <lei>529900AQBND3S6YJLY83</lei>
        <title>GERMANY FEDERAL REPUBLIC OF 0% 02/15/2030 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0001102499"/>
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        <balance>58000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>74842.36000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LAND NORDRHEIN WESTFALEN</name>
        <lei>529900VWPV1LPOHGJ702</lei>
        <title>LAND NORDRHEIN WESTFALEN 0.5% 11/25/2039 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000NRW0L02"/>
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        <balance>72000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>95697.48000000</valUSD>
        <pctVal>0.052119408260</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-11-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00500000</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>COUNCIL OF EUROPE DEVELOPMENT BANK</name>
        <lei>549300UYNXMI821WYG82</lei>
        <title>COUNCIL EUROPE DEV BK 0.125% 05/25/2023</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1825405878"/>
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        <balance>23000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>28588.99000000</valUSD>
        <pctVal>0.015570328932</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00125000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SLOVAK, REPUBLIC OF</name>
        <lei>097900BHFM0000074794</lei>
        <title>SLOVAK REPUBLIC OF 1% 10/09/2030 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SK4000017059"/>
        </identifiers>
        <balance>110000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>154067.13000000</valUSD>
        <pctVal>0.083909081493</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>SK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NORWAY GOVERNMENT BOND</name>
        <lei>549300O6E2WAK3IAXE34</lei>
        <title>NORWAY GOVERNMENT BOND 1.375% 08/19/2030 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0010875230"/>
        </identifiers>
        <balance>904000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="NOK" exchangeRt="8.57425000"/>
        <valUSD>109494.26000000</valUSD>
        <pctVal>0.059633503820</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01375000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DEUTSCHE BAHN FINANCE BV</name>
        <lei>52990002BAIDUAIIYU29</lei>
        <title>DEUTSCHE BAHN FINANCE BV 1.375% 07/07/2025 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1640854144"/>
        </identifiers>
        <balance>28000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73126143"/>
        <valUSD>40061.56000000</valUSD>
        <pctVal>0.021818597534</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01375000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OSEO SA</name>
        <lei>969500STN7T9MRUMJ267</lei>
        <title>OSEO SA 0.25% 03/29/2030 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013516101"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>126562.94000000</valUSD>
        <pctVal>0.068929563668</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AFRICAN DEVELOPMENT BANK</name>
        <lei>549300LNCLMO3ITVCU07</lei>
        <title>AFRICAN DEVELOPMENT BANK 0.875% 05/24/2028</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1824248626"/>
        </identifiers>
        <balance>87000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>115647.13000000</valUSD>
        <pctVal>0.062984521459</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00875000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AUSTRIA REPUBLIC OF</name>
        <lei>529900QWWUI4XRVR7I03</lei>
        <title>AUSTRIA GOVT 0% 09/20/2022 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AT0000A1XM92"/>
        </identifiers>
        <balance>41000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>50674.35000000</valUSD>
        <pctVal>0.027598606943</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-09-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LLOYDS BANKING GROUP PLC</name>
        <lei>549300PPXHEU2JF0AM85</lei>
        <title>LLOYDS BANKING GROUP PLC 0.5%/VAR 11/12/2025 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2078918781"/>
        </identifiers>
        <balance>130000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>160591.95000000</valUSD>
        <pctVal>0.087462673055</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-12</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VOLKSWAGEN FIN SERV AG</name>
        <lei>529900USFSZYPS075O24</lei>
        <title>VOLKSWAGEN FIN SERV AG 2.5% 04/06/2023</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2152058868"/>
        </identifiers>
        <balance>35000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>45082.32000000</valUSD>
        <pctVal>0.024553037775</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-04-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BPCE SA</name>
        <lei>9695005MSX1OYEMGDF46</lei>
        <title>BPCE SA 0.25% 01/15/2026 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013476199"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>123885.08000000</valUSD>
        <pctVal>0.067471129458</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COUNCIL OF EUROPE DEVELOPMENT BANK</name>
        <lei>549300UYNXMI821WYG82</lei>
        <title>COUNCIL EUROPE DEV BK 1.125% 12/15/2021 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1863558810"/>
        </identifiers>
        <balance>91000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73126143"/>
        <valUSD>125776.52000000</valUSD>
        <pctVal>0.068501258293</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01125000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FRANCE REPUBLIC OF</name>
        <lei>969500KCGF3SUYJHPV70</lei>
        <title>FRANCE GOVT 0.25% 11/25/26 RGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013200813"/>
        </identifiers>
        <balance>118000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>151526.62000000</valUSD>
        <pctVal>0.082525451769</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BELGIUM KINGDOM OF</name>
        <lei>549300SZ25JZFHRHWD76</lei>
        <title>KINGDOM OF BELG 3.75% 06/45 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0000331406"/>
        </identifiers>
        <balance>20000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>44880.93000000</valUSD>
        <pctVal>0.024443355392</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-06-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNITED KINGDOM,G.B. and N.IRELAND</name>
        <lei>ECTRVYYCEF89VWYS6K36</lei>
        <title>UNITED KINGDOM G.B. and N.IRELAND 0.375% 10/22/2030 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BL68HH02"/>
        </identifiers>
        <balance>371000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73126143"/>
        <valUSD>515292.08000000</valUSD>
        <pctVal>0.280641854844</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00375000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVT 0.5% 12/20/2038</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1201671K12"/>
        </identifiers>
        <balance>15550000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
        <valUSD>154385.57000000</valUSD>
        <pctVal>0.084082512438</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-12-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INTESA SANPAOLO SPA</name>
        <lei>2W8N8UU78PMDQKZENC08</lei>
        <title>INTESA SANPAOLO SPA 0.875% 06/27/2022 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1636000561"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>123987.21000000</valUSD>
        <pctVal>0.067526752189</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-06-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00875000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NETHERLANDS GOVERNMENT OF</name>
        <lei>254900G14ALGVKORFN62</lei>
        <title>NETHERLANDS GOVT 0.5% 07/15/26 RGS 144A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0011819040"/>
        </identifiers>
        <balance>32000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>41671.20000000</valUSD>
        <pctVal>0.022695250549</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EUROPEAN UNION</name>
        <lei>529900FZRK8FGMPEOM08</lei>
        <title>EUROPEAN COMMUNITY 1.125% 04/04/2036 REGS</title>
        <cusip>N/A</cusip>
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          <isin value="EU000A18YZ05"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SPAIN, KINGDOM OF</name>
        <lei>9598007A56S18711AH60</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES00000124C5"/>
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        <balance>80000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ES</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05150000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>ANHEUSER BUSCH INBEV SA NV</name>
        <lei>5493008H3828EMEXB082</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE6295393936"/>
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        <balance>53000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-24</maturityDt>
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          <annualizedRt>0.02250000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PORTUGAL OBRIGACOES DO TESOURO OT</name>
        <lei>549300FLKF3NX2O0U724</lei>
        <title>PORTUGAL OBRIGACOES DO TESOURO OT 1.95% 06/15/2029 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PTOTEXOE0024"/>
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        <balance>458000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01950000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BAT NETHERLANDS FINANCE BV</name>
        <lei>2138009B37VJ9VOWAO51</lei>
        <title>BAT NETHERLANDS FINANCE BV 3.125% 04/07/2028 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2153597518"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>142351.06000000</valUSD>
        <pctVal>0.077528196275</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03125000</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>UNITED KINGDOM,G.B. and N.IRELAND</name>
        <lei>ECTRVYYCEF89VWYS6K36</lei>
        <title>UNITED KINGDOM G.B. and N.IRELAND 1% 04/22/2024 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BFWFPL34"/>
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        <balance>144000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73126143"/>
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        <pctVal>0.111175662180</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-04-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01000000</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>RABOBANK NEDERLAND COOPERATIEV E CENTRALE RAIFEISEN-BOERNELEE NBANK B.A.</name>
        <lei>DG3RU1DBUFHT4ZF9WN62</lei>
        <title>RABOBANK NEDERLAND COOP CENTL 1.25% 03/23/2026 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1382784509"/>
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        <balance>79000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <pctVal>0.056224859223</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01250000</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>QUEENSLAND TREASURY CORP</name>
        <lei>98INKCEEHOU5YJS0HQ88</lei>
        <title>QUEENSLAND TREASURY CORP 1.75% 08/21/2031 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3SG0001993"/>
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        <balance>298000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="AUD" exchangeRt="1.29710098"/>
        <valUSD>240322.69000000</valUSD>
        <pctVal>0.130886167477</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01750000</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>INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT</name>
        <lei>ZTMSNXROF84AHWJNKQ93</lei>
        <title>INTERNATIONAL BK RECON and DEVEL 1% 12/21/2029</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2122575678"/>
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        <balance>248000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73126143"/>
        <valUSD>357978.84000000</valUSD>
        <pctVal>0.194964854986</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01000000</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>UNITED KINGDOM,G.B. and N.IRELAND</name>
        <lei>ECTRVYYCEF89VWYS6K36</lei>
        <title>UNITED KINGDOM G.B. and N.IRELAND 1.75% 01/22/2049 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BFWFPP71"/>
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        <balance>742000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73126143"/>
        <valUSD>1276656.37000000</valUSD>
        <pctVal>0.695301219603</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-01-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01750000</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>BANK NEDERLANDSE GEMEENTEN NV</name>
        <lei>529900GGYMNGRQTDOO93</lei>
        <title>BANK NEDERLANDSE GEMEENTEN NV 1.25% 12/15/2021</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1933956861"/>
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        <balance>694000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73126143"/>
        <valUSD>960139.33000000</valUSD>
        <pctVal>0.522917570323</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01250000</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>FRANCE REPUBLIC OF</name>
        <lei>969500KCGF3SUYJHPV70</lei>
        <title>FRANCE REPUBLIC OF 0.75% 05/25/2052 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013480613"/>
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        <balance>166000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>225912.40000000</valUSD>
        <pctVal>0.123037937956</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00750000</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>DH EUROPE FINANCE II SARL</name>
        <lei>222100KDGL314CKTZ511</lei>
        <title>DH EUROPE FINANCE II SARL 1.35% 09/18/2039</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2050406177"/>
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        <balance>192000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>251884.91000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-09-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01350000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AUSTRIA REPUBLIC OF</name>
        <lei>529900QWWUI4XRVR7I03</lei>
        <title>AUSTRIA REPUBLIC OF 1.2% 10/20/2025 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AT0000A1FAP5"/>
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        <balance>77000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>102729.38000000</valUSD>
        <pctVal>0.055949169159</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01200000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>KOREA REPUBLIC OF</name>
        <lei>549300O0QCVSQGPGDT58</lei>
        <title>KOREA REPUBLIC OF 2.625% 06/10/2028</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR103502G867"/>
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        <balance>121650000.00000000</balance>
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        <currencyConditional curCd="KRW" exchangeRt="1088.40500000"/>
        <valUSD>119959.80000000</valUSD>
        <pctVal>0.065333316938</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02625000</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>GENERAL ELECTRIC CO</name>
        <lei>3C7474T6CDKPR9K6YT90</lei>
        <title>GENERAL ELECTRIC CO 2.125% 05/17/2037</title>
        <cusip>369604BU6</cusip>
        <identifiers>
          <isin value="XS1612543394"/>
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        <balance>110000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>143445.53000000</valUSD>
        <pctVal>0.078124273923</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-05-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02125000</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>SPAIN, KINGDOM OF</name>
        <lei>9598007A56S18711AH60</lei>
        <title>SPAIN KINGDOM OF 0.8% 07/30/2027 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0000012G26"/>
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        <balance>85000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>111145.08000000</valUSD>
        <pctVal>0.060532584564</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
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        <name>BUONI DEL TESORO POLIENNALI</name>
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        <name>BROWN BROTHERS HARRIMAN and CO.</name>
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        <name>FINLAND REPUBLIC OF</name>
        <lei>743700M6Y2OQRVSBRD14</lei>
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        <name>NETHERLANDS GOVERNMENT OF</name>
        <lei>254900G14ALGVKORFN62</lei>
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        <name>407 INTERNATIONAL INC</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BELGIUM KINGDOM OF</name>
        <lei>549300SZ25JZFHRHWD76</lei>
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        <identifiers>
          <isin value="BE0000339482"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>BE</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00200000</annualizedRt>
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        <name>QUEENSLAND TREASURY CORP</name>
        <lei>98INKCEEHOU5YJS0HQ88</lei>
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        <identifiers>
          <isin value="AU000XQLQAB5"/>
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        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CANADA HOUSING TRUST NO 1</name>
        <lei>549300M44WH89JG50067</lei>
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        <cusip>13509PHM8</cusip>
        <identifiers>
          <isin value="CA13509PHM82"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>DEXIA CR LOC SOCIETE ANONYME</name>
        <lei>F4G136OIPBYND1F41110</lei>
        <title>DEXIA CR LOC SOCIETE ANONYME 0.625% 02/03/2024 REGS</title>
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          <isin value="XS1559352437"/>
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        <name>MEXICO UNITED MEXICAN STATES</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>MEXICO UNITED MEXICAN STATES 8% 09/05/2024</title>
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        <identifiers>
          <isin value="MX0MGO000151"/>
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        <issuerCat>NUSS</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>BELGIUM KINGDOM OF</name>
        <lei>549300SZ25JZFHRHWD76</lei>
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        <identifiers>
          <isin value="BE0000348574"/>
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        <name>JPMORGAN CHASE BANK NA NEW YORK NY</name>
        <lei>7H6GLXDRUGQFU57RNE97</lei>
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        <name>FRANCE REPUBLIC OF</name>
        <lei>969500KCGF3SUYJHPV70</lei>
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          <isin value="FR0010070060"/>
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        <name>NETHERLANDS GOVERNMENT OF</name>
        <lei>254900G14ALGVKORFN62</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED KINGDOM,G.B. and N.IRELAND</name>
        <lei>ECTRVYYCEF89VWYS6K36</lei>
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        <issuerCat>NUSS</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>ROMANIA, REPUBLIC OF</name>
        <lei>315700IASY927EDWBK92</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1892127470"/>
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        <balance>35000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
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        <invCountry>RO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-03-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04125000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SWITZERLAND CONFEDERATION</name>
        <lei>5067006OA1BJ88912Q83</lei>
        <title>SWITZERLAND CONFEDERATION 1.25% 05/28/2026 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0224396983"/>
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        <balance>35000.00000000</balance>
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        <currencyConditional curCd="CHF" exchangeRt="0.88530000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CH</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01250000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AUSTRALIA, COMMONWEALTH OF</name>
        <lei>213800J6B7JSBDETCB42</lei>
        <title>AUSTRALIA GOVT 3% 3/21/47 RGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000XCLWAS7"/>
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        <balance>122000.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.29710098"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-03-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TITULOS DE TESORERIA B</name>
        <lei>549300MHDRBVRF6B9117</lei>
        <title>TITULOS DE TESORERIA B 7.25% 10/18/2034</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="COL17CT03615"/>
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        <balance>916000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="COP" exchangeRt="3415.50000000"/>
        <valUSD>299234.71000000</valUSD>
        <pctVal>0.162971229925</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07250000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JPMORGAN CHASE BANK NA NEW YORK NY</name>
        <lei>7H6GLXDRUGQFU57RNE97</lei>
        <title>FX Forward: USD/JPY settle 2021-02-19</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal FX transaction ID" value="21870"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>N/A</curCd>
        <valUSD>-415.79000000</valUSD>
        <pctVal>-0.00022645035</pctVal>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>JPMORGAN CHASE BANK NA NEW YORK NY</counterpartyName>
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            <amtCurSold>12000000.00000000</amtCurSold>
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            <unrealizedAppr>-415.79000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BUONI DEL TESORO POLIENNALI</name>
        <lei>815600DE60799F5A9309</lei>
        <title>BUONI DEL TESORO POLIENNALI 0.95% 08/01/2030 RGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005403396"/>
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        <balance>142000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <pctVal>0.098744649020</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00950000</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>BROWN BROTHERS HARRIMAN and CO.</name>
        <lei>5493006KMX1VFTPYPW14</lei>
        <title>FX Forward: USD/NZD settle 2021-02-19</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal FX transaction ID" value="19582"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>N/A</curCd>
        <valUSD>-16660.59000000</valUSD>
        <pctVal>-0.00907380311</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>BROWN BROTHERS HARRIMAN and CO.</counterpartyName>
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            <amtCurSold>543000.00000000</amtCurSold>
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            <amtCurPur>374124.29000000</amtCurPur>
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            <settlementDt>2021-02-19</settlementDt>
            <unrealizedAppr>-16660.59000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CHILE REP</name>
        <lei>549300FLZTJM5YJF8D34</lei>
        <title>CHILE GOVERNMENT INTERNATIONAL BOND 1.875% 05/27/2030</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1236685613"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>139000.86000000</valUSD>
        <pctVal>0.075703587711</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01875000</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>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT OF 0.1% 06/20/2023</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1051361J76"/>
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        <balance>4350000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
        <valUSD>42368.42000000</valUSD>
        <pctVal>0.023074975217</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00100000</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>VICTORIA, TREASURY CORP OF</name>
        <lei>549300ZJM7BQW1P9UV75</lei>
        <title>VICTORIA TREASURY CORP OF 2.25% 10/29/2021</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000027948"/>
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        <balance>530000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="AUD" exchangeRt="1.29710098"/>
        <valUSD>415860.01000000</valUSD>
        <pctVal>0.226488488940</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-10-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02250000</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>NEW BRUNSWICK PROVINCE CANADA</name>
        <lei>549300POZA55ZTGSOU44</lei>
        <title>NEW BRUNSWICK PROVINCE CANADA 3.05% 08/14/2050</title>
        <cusip>642866GQ4</cusip>
        <identifiers>
          <isin value="CA642866GQ40"/>
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        <balance>227000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.27290000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-08-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03050000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MALAYSIA GOVT OF</name>
        <lei>254900GSIL471JOBYY43</lei>
        <title>MALAYSIA GOVT OF 3.478% 06/14/2024</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYBMI1900030"/>
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        <balance>170000.00000000</balance>
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        <currencyConditional curCd="MYR" exchangeRt="4.02250000"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03478000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>INTESA SANPAOLO SPA</name>
        <lei>2W8N8UU78PMDQKZENC08</lei>
        <title>INTESA SANPAOLO SPA 2.125% 05/26/2025 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2179037697"/>
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        <balance>323000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <pctVal>0.232260383410</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02125000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SWEDBANK HYPOTEK AB</name>
        <lei>549300TJREQ7GHIXWR36</lei>
        <title>SWEDBANK MTG AB PUBL MTN 144A 0.45% 08/23/2023 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1778322351"/>
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        <balance>190000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <pctVal>0.129583692586</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00450000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>INTL FINANCE CORP</name>
        <lei>QKL54NQY28TCDAI75F60</lei>
        <title>INTL FIN CORP 2.8% 08/15/2022</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3CB0242519"/>
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        <balance>469000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="AUD" exchangeRt="1.29710098"/>
        <valUSD>377043.84000000</valUSD>
        <pctVal>0.205348164123</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02800000</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>MALAYSIA GOVT OF</name>
        <lei>254900GSIL471JOBYY43</lei>
        <title>MALAYSIA GOVT OF 4.935% 09/30/2043</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYBMZ1300078"/>
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        <balance>150000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="MYR" exchangeRt="4.02250000"/>
        <valUSD>43524.71000000</valUSD>
        <pctVal>0.023704721690</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04935000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>CHILE REP</name>
        <lei>549300FLZTJM5YJF8D34</lei>
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        <cusip>N/A</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>KOREA REPUBLIC OF</name>
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        <identifiers>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JPMORGAN CHASE BANK NA NEW YORK NY</name>
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        <cusip>N/A</cusip>
        <identifiers>
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        <curCd>N/A</curCd>
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        <assetCat>DFE</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>KOREA REPUBLIC OF</name>
        <lei>549300O0QCVSQGPGDT58</lei>
        <title>KOREA REPUBLIC OF 3.375% 09/10/2023</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR103502G396"/>
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        <balance>41520000.00000000</balance>
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        <currencyConditional curCd="KRW" exchangeRt="1088.40500000"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ING GROEP NV</name>
        <lei>549300NYKK9MWM7GGW15</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1953146245"/>
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        <balance>100000.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.73126143"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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      <invstOrSec>
        <name>SOCIETE NATIONALE DES CHEMINS DE FER FRANCAIS</name>
        <lei>969500A4MXJ3ESPHK698</lei>
        <title>SOCIETE NATIONALE DES CDF FRAN 0.625% 04/17/2030 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013507647"/>
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        <balance>300000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00625000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ASIAN DEVELOPMENT BANK</name>
        <lei>549300X0MVH42CY8Q105</lei>
        <title>ASIAN DEVELOPMENT BANK 0.2% 05/25/2023</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1824294901"/>
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        <balance>130000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <pctVal>0.088019526683</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00200000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MANITOBA PROVINCE CDA</name>
        <lei>5493003QILFOB3JRKE30</lei>
        <title>MANITOBA PROVINCE CDA 3.2% 03/05/2050</title>
        <cusip>563469US2</cusip>
        <identifiers>
          <isin value="CA563469US23"/>
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        <balance>256000.00000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.27290000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-03-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03200000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GOLDMAN SACHS BANK USA</name>
        <lei>KD3XUN7C6T14HNAYLU02</lei>
        <title>FX Forward: USD/SGD settle 2021-02-19</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal FX transaction ID" value="19486"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>N/A</curCd>
        <valUSD>-7425.67000000</valUSD>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BNP PARIBAS</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
        <title>FX Forward: USD/EUR settle 2021-02-19</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal FX transaction ID" value="20053"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>N/A</curCd>
        <valUSD>-6825.10000000</valUSD>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>BNP PARIBAS</counterpartyName>
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            <amtCurSold>217000.00000000</amtCurSold>
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            <amtCurPur>258551.79000000</amtCurPur>
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            <settlementDt>2021-02-19</settlementDt>
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        <securityLending>
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      <invstOrSec>
        <name>BELGIUM KINGDOM OF</name>
        <lei>549300SZ25JZFHRHWD76</lei>
        <title>BELGIUM KINGDOM OF 0.9% 06/22/2029 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0000347568"/>
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        <balance>1373000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>1872343.04000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00900000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JPMORGAN CHASE BANK NA NEW YORK NY</name>
        <lei>7H6GLXDRUGQFU57RNE97</lei>
        <title>FX Forward: KRW/USD settle 2021-01-04</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal FX transaction ID" value="22207"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>N/A</curCd>
        <valUSD>173.18000000</valUSD>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>TEST BROKER (2-WAY)</counterpartyName>
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      <invstOrSec>
        <name>ITALY REPUBLIC OF</name>
        <lei>815600DE60799F5A9309</lei>
        <title>ITALY REPUBLIC OF 1.45% 03/01/2036 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005402117"/>
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        <balance>323000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>423676.50000000</valUSD>
        <pctVal>0.230745558546</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01450000</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>RUSSIAN FEDN</name>
        <lei>5493004EHVGF71PDBU58</lei>
        <title>RUSSIAN FEDN 6.5% 02/28/2024</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="RU000A0ZYU88"/>
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        <balance>2875000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="RUB" exchangeRt="73.94625000"/>
        <valUSD>40493.09000000</valUSD>
        <pctVal>0.022053620319</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-02-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06500000</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>LCR FINANCE PLC</name>
        <lei>2138008GSNH2EM5YC581</lei>
        <title>LCR FINANCE PLC 5.1% 3/07/51</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS0150670551"/>
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        <balance>20000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73126143"/>
        <valUSD>56511.49000000</valUSD>
        <pctVal>0.030777669576</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-03-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05100000</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>TELUS CORPORATION</name>
        <lei>L2TEUTQ8OSHMJWVLCE40</lei>
        <title>TELUS CORPORATION 3.95% 02/16/2050</title>
        <cusip>87971MBP7</cusip>
        <identifiers>
          <isin value="CA87971MBP73"/>
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        <balance>33000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.27290000"/>
        <valUSD>28833.58000000</valUSD>
        <pctVal>0.015703539190</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-02-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03950000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UNITED KINGDOM,G.B. and N.IRELAND</name>
        <lei>ECTRVYYCEF89VWYS6K36</lei>
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        <cusip>N/A</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
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        <cusip>N/A</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SINGAPORE REPUBLIC OF</name>
        <lei>54930035WQZLGC45RZ35</lei>
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        <cusip>N/A</cusip>
        <identifiers>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02750000</annualizedRt>
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      <invstOrSec>
        <name>STATE STREET BANK AND TRUST COMPANY</name>
        <lei>571474TGEMMWANRLN572</lei>
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        <cusip>N/A</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT</name>
        <lei>ZTMSNXROF84AHWJNKQ93</lei>
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        <cusip>N/A</cusip>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>KREDITANSTALT FUR WIEDERAUFB</name>
        <lei>549300GDPG70E3MBBU98</lei>
        <title>KREDITANSTALT FUR WIEDER(UNGTD 0.875% 09/15/2026 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2034715305"/>
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        <balance>43000.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.73126143"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00875000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>THAILAND KINGDOM OF</name>
        <lei>254900PHJ6MSKT6C7026</lei>
        <title>THAILAND GOVT 3.85% 12/12/25</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TH0623035C07"/>
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        <balance>1091000.00000000</balance>
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        <currencyConditional curCd="THB" exchangeRt="29.95000000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03850000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CYPRUS, REPUBLIC OF</name>
        <lei>213800IOEYYAHPDLUL60</lei>
        <title>CYPRUS REPUBLIC OF 2.75% 06/27/2024 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1637276848"/>
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        <balance>32000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02750000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ROYAL BANK OF CANADA</name>
        <lei>ES7IP3U3RHIGC71XBU11</lei>
        <title>ROYAL BANK OF CANADA 2.609% 11/01/2024</title>
        <cusip>780086RF3</cusip>
        <identifiers>
          <isin value="CA780086RF34"/>
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        <balance>102000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.27290000"/>
        <valUSD>85375.02000000</valUSD>
        <pctVal>0.046497520338</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02609000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW ZEALAND, GOVERNMENT OF</name>
        <lei>549300237GPHG2AI7C34</lei>
        <title>NEW ZEALAND GOVERNMENT OF 2.75% 04/15/2025 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZGOVDT425C5"/>
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        <balance>140000.00000000</balance>
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        <currencyConditional curCd="NZD" exchangeRt="1.38985407"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>NZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02750000</annualizedRt>
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      <invstOrSec>
        <name>KOREA REPUBLIC OF</name>
        <lei>549300O0QCVSQGPGDT58</lei>
        <title>KOREA TREASURY BOND 3.0% 03/10/2023</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR1035027336"/>
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        <balance>160920000.00000000</balance>
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        <currencyConditional curCd="KRW" exchangeRt="1088.40500000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-03-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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        <name>LANSFORSAKRINGAR HYPOTEK AB</name>
        <lei>5493001P7BX1N0JAG961</lei>
        <title>LANSFORSAKRINGAR HYPOTEK AB 1.5% 09/16/2026 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0012324341"/>
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        <balance>5600000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="SEK" exchangeRt="8.22760000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01500000</annualizedRt>
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      <invstOrSec>
        <name>VOLKSWAGEN INTL FINANCE NV</name>
        <lei>5299004PWNHKYTR23649</lei>
        <title>VOLKSWAGEN INTL FINANCE NV 1.125% 10/02/2023 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1586555861"/>
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        <balance>100000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-10-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01125000</annualizedRt>
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        <name>RCI BANQUE S A</name>
        <lei>96950001WI712W7PQG45</lei>
        <title>RCI BANQUE S A 1.625% 05/26/2026 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013334695"/>
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        <balance>37000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01625000</annualizedRt>
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      <invstOrSec>
        <name>THE BANK OF NOVA SCOTIA</name>
        <lei>L3I9ZG2KFGXZ61BMYR72</lei>
        <title>BANK OF NOVA SCOTIA 1.375% 12/05/2023 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2089341809"/>
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        <balance>134000.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.73126143"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01375000</annualizedRt>
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        <name>BUONI DEL TESORO POLIENNALI</name>
        <lei>815600DE60799F5A9309</lei>
        <title>BUONI DEL TESORO POLIENNALI 2.5% 11/15/2025 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005345183"/>
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        <balance>1155000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>1588115.46000000</valUSD>
        <pctVal>0.864930173973</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02500000</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>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT OF 1.2% 03/20/2035</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1201521F37"/>
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        <balance>19650000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
        <valUSD>216619.10000000</valUSD>
        <pctVal>0.117976558108</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-03-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01200000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNION NATIONALE INTERPROFES POUR EMPLOI DANS COMMERCE INDUSTRIE SA UNEDIC</name>
        <lei>969500V3L9W19NIA5E82</lei>
        <title>UNION NIPE DCI SA UNEDIC MTN 1.25% 10/21/2027 RGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013020450"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>135731.89000000</valUSD>
        <pctVal>0.073923219179</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01250000</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>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT OF 0.4% 03/20/2036</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1201561G37"/>
        </identifiers>
        <balance>28300000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
        <valUSD>280135.88000000</valUSD>
        <pctVal>0.152569496064</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-03-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00400000</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>ALBERTA PROVINCE CDA</name>
        <lei>LQPXMHHNJKIPJYE53543</lei>
        <title>ALBERTA PROVINCE CDA 2.05% 06/01/2030</title>
        <cusip>013051EG8</cusip>
        <identifiers>
          <isin value="CA013051EG84"/>
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        <balance>260000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.27290000"/>
        <valUSD>215810.83000000</valUSD>
        <pctVal>0.117536352638</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02050000</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>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT OF 0.7% 12/20/2048</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1300611K15"/>
        </identifiers>
        <balance>10800000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
        <valUSD>107096.30000000</valUSD>
        <pctVal>0.058327510640</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-12-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00700000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WESTERN AUSTRALIA TREAS CORP</name>
        <lei>213800FKHP5ME5Y3CF47</lei>
        <title>WESTERN AUSTRALIA TREAS CORP 3% 10/21/2026</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3SG0001704"/>
        </identifiers>
        <balance>401000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="AUD" exchangeRt="1.29710098"/>
        <valUSD>352328.74000000</valUSD>
        <pctVal>0.191887659341</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SWITZERLAND CONFEDERATION</name>
        <lei>5067006OA1BJ88912Q83</lei>
        <title>SWITZERLND GOVT 2% 4/28/21 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0111999816"/>
        </identifiers>
        <balance>25000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CHF" exchangeRt="0.88530000"/>
        <valUSD>28493.17000000</valUSD>
        <pctVal>0.015518142796</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-04-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LLOYDS BANKING GROUP PLC</name>
        <lei>549300PPXHEU2JF0AM85</lei>
        <title>LLOYDS BANKING GROUP PLC 2.25% 10/16/2024</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1699636574"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73126143"/>
        <valUSD>143398.24000000</valUSD>
        <pctVal>0.078098518523</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-10-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT OF 0.4% 09/20/2025</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1103401F97"/>
        </identifiers>
        <balance>44650000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
        <valUSD>443006.01000000</valUSD>
        <pctVal>0.241272926907</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00400000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KOMMUNALBANKEN AS</name>
        <lei>I7ETN0QQO2AHZZGHJ389</lei>
        <title>KOMMUNALBANKEN AS 1.5% 12/15/2023 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1888278295"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73126143"/>
        <valUSD>142207.69000000</valUSD>
        <pctVal>0.077450113137</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KREDITANSTALT FUR WIEDERAUFB</name>
        <lei>549300GDPG70E3MBBU98</lei>
        <title>KREDITANSTALT FUR WIEDER(UNGTD 1.375% 02/02/2028</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1764081110"/>
        </identifiers>
        <balance>310000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="SEK" exchangeRt="8.22760000"/>
        <valUSD>40113.95000000</valUSD>
        <pctVal>0.021847130530</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01375000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CREDIT SUISSE GRP AG</name>
        <lei>549300506SI9CRFV9Z86</lei>
        <title>CREDIT SUISSE GRP AG 0.65%/VAR 01/14/2028 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0517825276"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>124890.74000000</valUSD>
        <pctVal>0.068018838804</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-14</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00650000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BUONI DEL TESORO POLIENNALI</name>
        <lei>815600DE60799F5A9309</lei>
        <title>BUONI DEL TESORO POLIENNALI 1.65% 03/01/2032 REGS 144A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005094088"/>
        </identifiers>
        <balance>198000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>268435.69000000</valUSD>
        <pctVal>0.146197259519</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01650000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BP CAPITAL MARKETS PLC</name>
        <lei>549300CRVT18MXX0AG93</lei>
        <title>BP CAPITAL MARKETS PLC 1.637% 06/26/2029 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1637863546"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>135492.47000000</valUSD>
        <pctVal>0.073792824640</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01637000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DAIMLER INTERNATIONAL FINANCE B.V</name>
        <lei>529900RUGCXMPEENHQ31</lei>
        <title>DAIMLER INTERNATIONAL FIN BV 1.375% 06/26/2026 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A2RYD91"/>
        </identifiers>
        <balance>44000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>57337.79000000</valUSD>
        <pctVal>0.031227694666</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01375000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EUROPEAN INVESTMENT BANK</name>
        <lei>5493006YXS1U5GIHE750</lei>
        <title>EUROPEAN INVESTMENT BANK 1.75% 07/30/2024 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2033281176"/>
        </identifiers>
        <balance>69000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.27290000"/>
        <valUSD>56577.94000000</valUSD>
        <pctVal>0.030813860024</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BUONI DEL TESORO POLIENNALI</name>
        <lei>815600DE60799F5A9309</lei>
        <title>BUONI DEL TESORO POLIENNALI 1.35% 04/01/2030 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005383309"/>
        </identifiers>
        <balance>96000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>126908.95000000</valUSD>
        <pctVal>0.069118009972</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01350000</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>EUROPEAN STABILITY MECHANISM</name>
        <lei>222100W4EEAQ77386N50</lei>
        <title>EUROPEAN STABILITY MECHANISM 1.125% 05/03/2032 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="EU000A1U9969"/>
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        <balance>47000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01125000</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>INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT</name>
        <lei>ZTMSNXROF84AHWJNKQ93</lei>
        <title>INTERNATIONAL BK RECON and DEVEL 2.5% 08/03/2023</title>
        <cusip>459058GJ6</cusip>
        <identifiers>
          <isin value="CA459058GJ61"/>
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        <balance>68000.00000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.27290000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-08-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02500000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>QUEBEC PROVINCE CDA</name>
        <lei>549300WN65YFEQH74Y36</lei>
        <title>QUEBEC PROVINCE CDA 1.9% 09/01/2030</title>
        <cusip>74814ZFG3</cusip>
        <identifiers>
          <isin value="CA74814ZFG33"/>
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        <balance>131000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.27290000"/>
        <valUSD>108905.26000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01900000</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ITALY REPUBLIC OF</name>
        <lei>815600DE60799F5A9309</lei>
        <title>ITALY REPUBLIC OF 4.5% 03/01/2026 REGS 144A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0004644735"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <pctVal>0.041020938835</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04500000</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>BELGIUM KINGDOM OF</name>
        <lei>549300SZ25JZFHRHWD76</lei>
        <title>BELGIUM GOVT 77 1% 06/22/2026 144A RGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0000337460"/>
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        <balance>71000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>94582.68000000</valUSD>
        <pctVal>0.051512258351</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01000000</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>SPAIN, KINGDOM OF</name>
        <lei>9598007A56S18711AH60</lei>
        <title>SPAIN GOVERNMENT 0.45% 10/31/2022</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0000012A97"/>
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        <balance>23000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>28626.75000000</valUSD>
        <pctVal>0.015590894038</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-10-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00450000</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>DAIMLER AG</name>
        <lei>529900R27DL06UVNT076</lei>
        <title>DAIMLER AG 2.625% 04/07/2025 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A289RN6"/>
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        <balance>472000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>638575.34000000</valUSD>
        <pctVal>0.347785217028</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02625000</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>ENBRIDGE GAS INC</name>
        <lei>5493008F8CJ4MIYYVW73</lei>
        <title>ENBRIDGE GAS INC 3.65% 04/01/2050</title>
        <cusip>29260ZAD8</cusip>
        <identifiers>
          <isin value="CA29260ZAD83"/>
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        <balance>54000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.27290000"/>
        <valUSD>52031.16000000</valUSD>
        <pctVal>0.028337561974</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03650000</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>EUROPEAN STABILITY MECHANISM</name>
        <lei>222100W4EEAQ77386N50</lei>
        <title>EUROPEAN STABILITY MECHANISM 0% 01/17/2022 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="EU000A1Z99G8"/>
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        <balance>39000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>47959.00000000</valUSD>
        <pctVal>0.026119754676</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-01-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</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>KOREA REPUBLIC OF</name>
        <lei>549300O0QCVSQGPGDT58</lei>
        <title>KOREA REPUBLIC OF 2.25% 06/10/2021</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR103501G869"/>
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        <balance>92610000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="KRW" exchangeRt="1088.40500000"/>
        <valUSD>85698.47000000</valUSD>
        <pctVal>0.046673679863</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-06-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02250000</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>NEW ZEALAND, GOVERNMENT OF</name>
        <lei>549300237GPHG2AI7C34</lei>
        <title>NEW ZEALAND GOVERNMENT OF 0.5% 05/15/2024</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZGOVDT524C5"/>
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        <balance>318000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="NZD" exchangeRt="1.38985407"/>
        <valUSD>229954.16000000</valUSD>
        <pctVal>0.125239188600</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>NZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00500000</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>CANADA, GOVERNMENT OF</name>
        <lei>4BFD7AQU0A75QLAHK410</lei>
        <title>CANADA GOVERNMENT OF 2% 12/01/2051</title>
        <cusip>135087H72</cusip>
        <identifiers>
          <isin value="CA135087H722"/>
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        <balance>54000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.27290000"/>
        <valUSD>51020.65000000</valUSD>
        <pctVal>0.027787211189</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02000000</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>ISRAEL, STATE OF</name>
        <lei>213800T8ZHTFZIBYPE21</lei>
        <title>ISRAEL STATE OF 1.5% 11/30/2023</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011550683"/>
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        <balance>402000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="ILS" exchangeRt="3.21345000"/>
        <valUSD>129828.28000000</valUSD>
        <pctVal>0.070707955205</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-11-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BROWN BROTHERS HARRIMAN and CO.</name>
        <lei>5493006KMX1VFTPYPW14</lei>
        <title>FX Forward: USD/PLN settle 2021-02-19</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal FX transaction ID" value="19519"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>N/A</curCd>
        <valUSD>-10613.28000000</valUSD>
        <pctVal>-0.00578027627</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>BROWN BROTHERS HARRIMAN and CO.</counterpartyName>
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            <curSold>PLN</curSold>
            <amtCurPur>763717.60000000</amtCurPur>
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            <settlementDt>2021-02-19</settlementDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>IRELAND REPUBLIC OF</name>
        <lei>549300KXBEJAOJ9OVF93</lei>
        <title>IRELAND REPUBLIC OF 1.5% 05/15/2050 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE00BH3SQB22"/>
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        <balance>23000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>37634.39000000</valUSD>
        <pctVal>0.020496695807</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01500000</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>DEUTSCHE TELEKOM AG</name>
        <lei>549300V9QSIG4WX4GJ96</lei>
        <title>DEUTSCHE TELEKOM AG 3.125% 02/06/2034 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1948630634"/>
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        <balance>60000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73126143"/>
        <valUSD>100108.06000000</valUSD>
        <pctVal>0.054521528146</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03125000</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>PEMBINA PIPELINE CORP</name>
        <lei>5493002W3L9YICM6FU21</lei>
        <title>PEMBINA PIPELINE CORP MTN CDS 3.62% 04/03/2029</title>
        <cusip>70632ZAM3</cusip>
        <identifiers>
          <isin value="CA70632ZAM38"/>
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        <balance>80000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.27290000"/>
        <valUSD>69359.73000000</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>2029-04-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03620000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FIDELITY NATL INFORMN SVCS INC</name>
        <lei>6WQI0GK1PRFVBA061U48</lei>
        <title>FIDELITY NATL INFORMN SVCS INC 1.5% 05/21/2027</title>
        <cusip>31620MBD7</cusip>
        <identifiers>
          <isin value="XS1843436228"/>
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        <balance>417000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01500000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>KOREA REPUBLIC OF</name>
        <lei>549300O0QCVSQGPGDT58</lei>
        <title>KOREA GOVT 2.375% 12/10/2027</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR103502G7C2"/>
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        <balance>50660000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="KRW" exchangeRt="1088.40500000"/>
        <valUSD>49141.51000000</valUSD>
        <pctVal>0.026763781264</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02375000</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>THAILAND KINGDOM OF</name>
        <lei>254900PHJ6MSKT6C7026</lei>
        <title>THAILAND KINGDOM OF 3.3% 06/17/2038</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TH062303I602"/>
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        <balance>9866000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="THB" exchangeRt="29.95000000"/>
        <valUSD>406836.45000000</valUSD>
        <pctVal>0.221574016713</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-06-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03300000</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>CZECH REPUBLIC</name>
        <lei>3157007EFDLQABN47912</lei>
        <title>CZECH REPUBLIC 0.45% 10/25/2023 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CZ0001004600"/>
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        <balance>5390000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CZK" exchangeRt="21.47750000"/>
        <valUSD>250824.79000000</valUSD>
        <pctVal>0.136605892150</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-10-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00450000</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>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT OF 0.3% 06/20/2046</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1300511G61"/>
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        <balance>48200000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
        <valUSD>440734.40000000</valUSD>
        <pctVal>0.240035747317</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00300000</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>RUSSIAN FEDN</name>
        <lei>5493004EHVGF71PDBU58</lei>
        <title>RUSSIAN FEDN 7.05% 01/19/2028</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="RU000A0JTK38"/>
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        <balance>3503000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="RUB" exchangeRt="73.94625000"/>
        <valUSD>51052.48000000</valUSD>
        <pctVal>0.027804546659</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07050000</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>FRANCE REPUBLIC OF</name>
        <lei>969500KCGF3SUYJHPV70</lei>
        <title>FRANCE REPUBLIC OF 1.5% 05/25/2031 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0012993103"/>
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        <balance>182000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>265376.49000000</valUSD>
        <pctVal>0.144531137342</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01500000</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>ROMANIA, REPUBLIC OF</name>
        <lei>315700IASY927EDWBK92</lei>
        <title>ROMANIA 4.625% 04/03/2049 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1968706876"/>
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        <balance>103000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>169870.43000000</valUSD>
        <pctVal>0.092515981535</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-04-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04625000</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>EUROPEAN INVESTMENT BANK</name>
        <lei>5493006YXS1U5GIHE750</lei>
        <title>EUROPEAN INVESTMENT BANK 1.75% 11/12/2026 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1347679448"/>
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        <balance>240000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="SEK" exchangeRt="8.22760000"/>
        <valUSD>31631.43000000</valUSD>
        <pctVal>0.017227323165</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01750000</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>SLOVENIA REPUBLIC OF</name>
        <lei>485100000LWQHIX4XX88</lei>
        <title>SLOVENIA REPUBLIC OF 1.1875% 03/14/2029 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SI0002103842"/>
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        <balance>110000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>150022.87000000</valUSD>
        <pctVal>0.081706469282</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>SI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01187500</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>BUONI DEL TESORO POLIENNALI</name>
        <lei>815600DE60799F5A9309</lei>
        <title>BUONI DEL TESORO POLIENNALI 3.85% 09/01/2049 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005363111"/>
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        <balance>416000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>802651.02000000</valUSD>
        <pctVal>0.437145222658</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03850000</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>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT OF 0.1% 09/20/2028</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1103521JA8"/>
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        <balance>54350000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
        <valUSD>533288.48000000</valUSD>
        <pctVal>0.290443175828</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00100000</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>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT OF 0.1% 09/20/2024</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1051411KA2"/>
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        <balance>5600000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
        <valUSD>54689.15000000</valUSD>
        <pctVal>0.029785174450</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-09-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00100000</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>ITALY REPUBLIC OF</name>
        <lei>815600DE60799F5A9309</lei>
        <title>ITALY REPUBLIC OF 0% 05/30/2022</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005412348"/>
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        <balance>807000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>991863.65000000</valUSD>
        <pctVal>0.540195483867</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-05-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</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>THAILAND KINGDOM OF</name>
        <lei>254900PHJ6MSKT6C7026</lei>
        <title>THAILAND GOVT BOND 3.775% 6/32</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TH0623A3C606"/>
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        <balance>1580000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="THB" exchangeRt="29.95000000"/>
        <valUSD>65814.07000000</valUSD>
        <pctVal>0.035844103560</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03775000</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>INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT</name>
        <lei>ZTMSNXROF84AHWJNKQ93</lei>
        <title>INTERNATIONAL BK RECON and DEVEL 1% 12/19/2022</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1756550429"/>
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        <balance>19000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73126143"/>
        <valUSD>26510.20000000</valUSD>
        <pctVal>0.014438164274</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-12-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AUTOBAHN SCHNELL</name>
        <lei>529900B2JGN28UCEQ136</lei>
        <title>AUTOBAHN SCHNELL 0.625% 09/15/2022 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1291264775"/>
        </identifiers>
        <balance>130000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>161956.17000000</valUSD>
        <pctVal>0.088205663770</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00625000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GERMANY FEDERAL REPUBLIC OF</name>
        <lei>529900AQBND3S6YJLY83</lei>
        <title>GERMANY FEDERAL REPUBLIC OF 0% 04/08/2022 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0001141752"/>
        </identifiers>
        <balance>74000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>91224.76000000</valUSD>
        <pctVal>0.049683445268</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-04-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BMW FINANCE NV</name>
        <lei>5299006ZHG3IXU0PNJ56</lei>
        <title>BMW FINANCE NV 1.5% 02/06/2029 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1948611840"/>
        </identifiers>
        <balance>86000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>116988.94000000</valUSD>
        <pctVal>0.063715307089</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OP MORTGAGE BANK PLC</name>
        <lei>743700IJXAGL8TGFRC33</lei>
        <title>OP MORTGAGE BANK PLC 1.0% 11/28/2024 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1144844583"/>
        </identifiers>
        <balance>170000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>220084.84000000</valUSD>
        <pctVal>0.119864092847</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-11-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LLOYDS BANKING GROUP PLC</name>
        <lei>549300PPXHEU2JF0AM85</lei>
        <title>LLOYDS BANKING GROUP PLC 3.5%/VAR 04/01/2026 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2148623106"/>
        </identifiers>
        <balance>404000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>560872.28000000</valUSD>
        <pctVal>0.305466051389</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.03500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KOREA REPUBLIC OF</name>
        <lei>549300O0QCVSQGPGDT58</lei>
        <title>KOREA REPUBLIC OF 1.25% 12/10/2022</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR103501G9C9"/>
        </identifiers>
        <balance>164870000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="KRW" exchangeRt="1088.40500000"/>
        <valUSD>152450.62000000</valUSD>
        <pctVal>0.083028686893</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-12-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT</name>
        <lei>ZTMSNXROF84AHWJNKQ93</lei>
        <title>INTERNATIONAL BK RECON and DEVEL 2.8% 01/13/2021</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3CB0234961"/>
        </identifiers>
        <balance>37000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="AUD" exchangeRt="1.29710098"/>
        <valUSD>28539.65000000</valUSD>
        <pctVal>0.015543457047</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-01-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02800000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HSBC HOLDINGS PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
        <title>HSBC HOLDINGS PLC 1.5%/VAR 12/04/2024 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1917601582"/>
        </identifiers>
        <balance>930000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>1190028.17000000</valUSD>
        <pctVal>0.648121183904</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-12-04</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.01500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CROATIA, REPUBLIC OF</name>
        <lei>74780000O00QGQ7CER13</lei>
        <title>CROATIA REPUBLIC OF 2.7% 06/15/2028 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1713462668"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>284033.62000000</valUSD>
        <pctVal>0.154692309563</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>HR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02700000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AUSTRALIA, COMMONWEALTH OF</name>
        <lei>213800J6B7JSBDETCB42</lei>
        <title>AUSTRALIA COMMONWEALTH OF 1.75% 06/21/2051 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000097495"/>
        </identifiers>
        <balance>718000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="AUD" exchangeRt="1.29710098"/>
        <valUSD>526730.34000000</valUSD>
        <pctVal>0.286871437303</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-06-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>THAILAND KINGDOM OF</name>
        <lei>254900PHJ6MSKT6C7026</lei>
        <title>THAILAND KINGDOM OF 1.6% 06/17/2035</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TH062303F608"/>
        </identifiers>
        <balance>3108000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="THB" exchangeRt="29.95000000"/>
        <valUSD>104422.09000000</valUSD>
        <pctVal>0.056871064318</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01600000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>QUEENSLAND TREASURY CORP</name>
        <lei>98INKCEEHOU5YJS0HQ88</lei>
        <title>QUEENSLAND TREASURY CORP 3.5% 08/21/2030 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3CB0248037"/>
        </identifiers>
        <balance>58000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="AUD" exchangeRt="1.29710098"/>
        <valUSD>54365.55000000</valUSD>
        <pctVal>0.029608933231</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANK OF AMERICA, N.A.</name>
        <lei>B4TYDEB6GKMZO031MB27</lei>
        <title>FX Forward: EUR/USD settle 2021-02-19</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal FX transaction ID" value="19754"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>N/A</curCd>
        <valUSD>6661.97000000</valUSD>
        <pctVal>0.003628287121</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>BANK OF AMERICA, N.A.</counterpartyName>
              <counterpartyLei>B4TYDEB6GKMZO031MB27</counterpartyLei>
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            <amtCurSold>225695.68000000</amtCurSold>
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            <amtCurPur>190000.00000000</amtCurPur>
            <curPur>EUR</curPur>
            <settlementDt>2021-02-19</settlementDt>
            <unrealizedAppr>6661.97000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NETHERLANDS GOVERNMENT OF</name>
        <lei>254900G14ALGVKORFN62</lei>
        <title>NETHERLANDS GOVERNMENT OF 0.25% 07/15/2029 REGS 144A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0013332430"/>
        </identifiers>
        <balance>1104000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>1443383.14000000</valUSD>
        <pctVal>0.786105079785</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CREDIT SUISSE GRP AG</name>
        <lei>549300506SI9CRFV9Z86</lei>
        <title>CREDIT SUISSE GRP AG 3.25%/VAR 04/02/2026 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0537261858"/>
        </identifiers>
        <balance>505000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>697196.26000000</valUSD>
        <pctVal>0.379711738626</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-02</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.03250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SCHLUMBERGER FINANCE BV</name>
        <lei>5299003L3TGTOIYBX911</lei>
        <title>SCHLUMBERGER FINANCE BV 2% 05/06/2032 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2166755509"/>
        </identifiers>
        <balance>230000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>328055.37000000</valUSD>
        <pctVal>0.178667732538</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVT 0.6% 06/20/2037</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1201611H69"/>
        </identifiers>
        <balance>3900000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>EUROPEAN INVESTMENT BANK</name>
        <lei>5493006YXS1U5GIHE750</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1490724975"/>
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        <balance>226000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT</name>
        <lei>ZTMSNXROF84AHWJNKQ93</lei>
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        <cusip>459058HA4</cusip>
        <identifiers>
          <isin value="CA459058HA44"/>
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        <balance>87000.00000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.27290000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01800000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>TELENOR ASA</name>
        <lei>549300IM1QSBY4SLPM26</lei>
        <title>TELENOR ASA 0.75% 05/31/2026 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2001737324"/>
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        <balance>100000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00750000</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>PHILIP MORRIS INTL INC</name>
        <lei>HL3H1H2BGXWVG3BSWR90</lei>
        <title>PHILIP MORRIS INTL INC 1.45% 08/01/2039</title>
        <cusip>718172CM9</cusip>
        <identifiers>
          <isin value="XS2035474555"/>
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        <balance>100000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>124378.63000000</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>2039-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01450000</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>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT OF 0.4% 09/20/2049</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1300641KA3"/>
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        <balance>5450000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
        <valUSD>49659.90000000</valUSD>
        <pctVal>0.027046110329</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-09-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00400000</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>AMERICA MOVIL SAB DE CV</name>
        <lei>5493000FNR3UCEAONM59</lei>
        <title>AMERICA MOVIL SAB DE CV 1.5% 03/10/2024</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1379122101"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>127891.48000000</valUSD>
        <pctVal>0.069653122101</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01500000</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>OSEO SA</name>
        <lei>969500STN7T9MRUMJ267</lei>
        <title>OSEO SA 0.625% 05/25/2026 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013382116"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>257429.02000000</valUSD>
        <pctVal>0.140202732523</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00625000</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>EUROPEAN STABILITY MECHANISM</name>
        <lei>222100W4EEAQ77386N50</lei>
        <title>EUROPEAN STABILITY MECHANISM 0.75% 09/05/2028 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="EU000A1Z99F0"/>
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        <balance>48000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>64245.57000000</valUSD>
        <pctVal>0.034989856491</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00750000</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>THE TORONTO DOMINION BANK</name>
        <lei>PT3QB789TSUIDF371261</lei>
        <title>TORONTO DOMINION BANK 0.375% 01/12/2021 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1342818470"/>
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        <balance>190000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>232158.53000000</valUSD>
        <pctVal>0.126439747486</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-01-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00375000</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>THE TORONTO DOMINION BANK</name>
        <lei>PT3QB789TSUIDF371261</lei>
        <title>TORONTO DOMINION BANK 2.496% 12/02/2024</title>
        <cusip>89117FNR6</cusip>
        <identifiers>
          <isin value="CA89117FNR69"/>
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        <balance>60000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.27290000"/>
        <valUSD>50092.39000000</valUSD>
        <pctVal>0.027281655955</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-12-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02496000</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>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT OF 0.2% 06/20/2036</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1201571G68"/>
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        <balance>100850000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
        <valUSD>968269.39000000</valUSD>
        <pctVal>0.527345418541</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00200000</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>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT OF 0.1% 06/01/2022</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1024131L60"/>
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        <balance>129000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
        <valUSD>1253282.07000000</valUSD>
        <pctVal>0.682570950378</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00100000</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>INDONESIA REPUBLIC OF</name>
        <lei>254900G208H6Q0L5B953</lei>
        <title>INDONESIA REPUBLIC OF 7.5% 04/15/2040</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IDG000014101"/>
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        <balance>5579000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="IDR" exchangeRt="14050.00000000"/>
        <valUSD>435201.71000000</valUSD>
        <pctVal>0.237022496301</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07500000</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>EUROPEAN FINANCIAL STABILITY FACILITY</name>
        <lei>222100OW6UHQXNHKN143</lei>
        <title>EUROPEAN FINANCIAL STBLTY FCTY 1.45% 09/05/2040 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="EU000A1G0D05"/>
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        <balance>23000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>36018.20000000</valUSD>
        <pctVal>0.019616475487</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-09-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01450000</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>NETHERLANDS GOVERNMENT OF</name>
        <lei>254900G14ALGVKORFN62</lei>
        <title>NETHERLANDS GOVERNMENT OF 0% 07/15/2030 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0014555419"/>
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        <balance>168000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>215045.00000000</valUSD>
        <pctVal>0.117119261128</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</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>BMW FINANCE NV</name>
        <lei>5299006ZHG3IXU0PNJ56</lei>
        <title>BMW FINANCE NV 0.625% 10/06/2023 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1948612905"/>
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        <balance>32000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>39910.39000000</valUSD>
        <pctVal>0.021736266307</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-10-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00625000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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        <lei>353800WZS8AXZXFUC241</lei>
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          <isin value="JP1051331H91"/>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>VOLKSWAGEN FIN SERV AG</name>
        <lei>529900USFSZYPS075O24</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2152061904"/>
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        <balance>32000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>NRW BANK</name>
        <lei>52990002O5KK6XOGJ020</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1708493702"/>
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        <balance>300000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVT .8% 9/20/22</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1103251C91"/>
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        <balance>30850000.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00800000</annualizedRt>
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      <invstOrSec>
        <name>CYPRUS, REPUBLIC OF</name>
        <lei>213800IOEYYAHPDLUL60</lei>
        <title>CYPRUS REPUBLIC OF 2.375% 09/25/2028 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1883942648"/>
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        <balance>84000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-09-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02375000</annualizedRt>
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      <invstOrSec>
        <name>ASIAN DEVELOPMENT BANK</name>
        <lei>549300X0MVH42CY8Q105</lei>
        <title>ASIAN DEVELOPMENT BANK 2.45% 01/17/2024</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3CB0259919"/>
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        <balance>65000.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.29710098"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02450000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SWITZERLAND CONFEDERATION</name>
        <lei>5067006OA1BJ88912Q83</lei>
        <title>SWITZERLAND CONFEDERATION 0% 07/24/2039 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0440081401"/>
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        <balance>383000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CHF" exchangeRt="0.88530000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT OF 0.1% 12/20/2021</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1051301GC9"/>
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        <balance>9350000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-12-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00100000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT OF 0.1% 12/20/2023</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1051381K12"/>
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        <balance>332900000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00100000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FRANCE REPUBLIC OF</name>
        <lei>969500KCGF3SUYJHPV70</lei>
        <title>FRANCE REPUBLIC OF 0.5% 05/25/2025 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0012517027"/>
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        <balance>182000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <pctVal>0.127350537706</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT OF 0.6% 12/20/2036</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1201591GC4"/>
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        <balance>12050000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-12-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00600000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>RCI BANQUE S A</name>
        <lei>96950001WI712W7PQG45</lei>
        <title>RCI BANQUE S A 0.75% 04/10/2023 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013412699"/>
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        <balance>41000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>50630.00000000</valUSD>
        <pctVal>0.027574452746</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-04-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00750000</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>UBS GROUP AG</name>
        <lei>549300SZJ9VS8SGXAN81</lei>
        <title>UBS GROUP AG 0.25%/VAR 01/29/2026 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0520042489"/>
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        <balance>669000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-29</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00250000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AUSTRIA REPUBLIC OF</name>
        <lei>529900QWWUI4XRVR7I03</lei>
        <title>AUSTRIA REPUBLIC OF 0.75% 10/20/2026 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AT0000A1K9C8"/>
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        <balance>70000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00750000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>KOREA REPUBLIC OF</name>
        <lei>549300O0QCVSQGPGDT58</lei>
        <title>KOREA GOVT 1.875% 06/10/2026</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR103502G669"/>
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        <balance>1008490000.00000000</balance>
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        <currencyConditional curCd="KRW" exchangeRt="1088.40500000"/>
        <valUSD>947940.57000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01875000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CK HUTCHISON GROUP TELECOM FINANCE SA</name>
        <lei>254900OM17Q9YNDIUG82</lei>
        <title>CK HUTCHISON GRP TELECOM FIN SA 0.375% 10/17/2023 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2056572154"/>
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        <balance>887000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-10-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00375000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MALAYSIA GOVT OF</name>
        <lei>254900GSIL471JOBYY43</lei>
        <title>MALAYSIA GOVT OF 3.757% 05/22/2040</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYBMY1900052"/>
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        <balance>1059000.00000000</balance>
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        <currencyConditional curCd="MYR" exchangeRt="4.02250000"/>
        <valUSD>276514.84000000</valUSD>
        <pctVal>0.150597380789</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-05-22</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
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        <name>COUNCIL OF EUROPE DEVELOPMENT BANK</name>
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        <name>JPMORGAN CHASE BANK NA NEW YORK NY</name>
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        <name>COUNCIL OF EUROPE DEVELOPMENT BANK</name>
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        <name>KOREA REPUBLIC OF</name>
        <lei>549300O0QCVSQGPGDT58</lei>
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        <name>WESTERN AUSTRALIA TREAS CORP</name>
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        <name>KOREA REPUBLIC OF</name>
        <lei>549300O0QCVSQGPGDT58</lei>
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        <name>JPMORGAN CHASE BANK NA NEW YORK NY</name>
        <lei>7H6GLXDRUGQFU57RNE97</lei>
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        <name>ONTARIO PROVINCE CDA</name>
        <lei>C7PVKCRGLG18EBQGZV36</lei>
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        <name>NETHERLANDS GOVERNMENT OF</name>
        <lei>254900G14ALGVKORFN62</lei>
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        <name>THAILAND KINGDOM OF</name>
        <lei>254900PHJ6MSKT6C7026</lei>
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        <name>HUNGARY REPUBLIC OF</name>
        <lei>5299008DH62LEB10JK83</lei>
        <title>HUNGARY REPUBLIC OF 1% 11/26/2025</title>
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        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ROMANIA, REPUBLIC OF</name>
        <lei>315700IASY927EDWBK92</lei>
        <title>ROMANIA 3.875% 10/29/2035 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1313004928"/>
        </identifiers>
        <balance>73000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>108911.62000000</valUSD>
        <pctVal>0.059316182486</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-10-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03875000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BUONI DEL TESORO POLIENNALI</name>
        <lei>815600DE60799F5A9309</lei>
        <title>BUONI DEL TESORO POLIENNALI 3.1% 03/01/2040 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005377152"/>
        </identifiers>
        <balance>130000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>212080.69000000</valUSD>
        <pctVal>0.115504818584</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03100000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OMV AG</name>
        <lei>549300V62YJ9HTLRI486</lei>
        <title>OMV AG 2.375% 04/09/2032 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2154348424"/>
        </identifiers>
        <balance>76000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>112439.31000000</valUSD>
        <pctVal>0.061237456853</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02375000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AMERICA MOVIL SAB DE CV</name>
        <lei>5493000FNR3UCEAONM59</lei>
        <title>AMERICA MOVIL SAB DE CV 2.125% 03/10/2028</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1379122523"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>276169.25000000</valUSD>
        <pctVal>0.150409163228</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02125000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SLOVAK, REPUBLIC OF</name>
        <lei>097900BHFM0000074794</lei>
        <title>SLOVAK REPUB OF 3.0% 2/23 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SK4120009044"/>
        </identifiers>
        <balance>52000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>68466.24000000</valUSD>
        <pctVal>0.037288546309</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>SK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-02-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fidelity Revere Street Trust</name>
        <lei>549300BDV45LJNXBZC55</lei>
        <title>Fidelity Cash Central Fund</title>
        <cusip>31635A105</cusip>
        <identifiers>
          <isin value="US31635A1051"/>
        </identifiers>
        <balance>5481038.12700000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5482134.33000000</valUSD>
        <pctVal>2.985717045909</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SWEDEN KINGDOM OF</name>
        <lei>ERE94C0BSULG2RM19605</lei>
        <title>SWEDEN KINGDOM OF 0.75% 11/12/2029 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0011281922"/>
        </identifiers>
        <balance>265000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="SEK" exchangeRt="8.22760000"/>
        <valUSD>34601.45000000</valUSD>
        <pctVal>0.018844875528</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KOREA REPUBLIC OF</name>
        <lei>549300O0QCVSQGPGDT58</lei>
        <title>KOREA GOVT 2.125% 03/10/2047</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR103502G735"/>
        </identifiers>
        <balance>29200000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="KRW" exchangeRt="1088.40500000"/>
        <valUSD>28403.47000000</valUSD>
        <pctVal>0.015469289776</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-03-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02125000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MEXICO UNITED MEXICAN STATES</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>MEXICO UNITED MEXICAN STATES 1.125% 01/17/2030</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2104886341"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>121363.29000000</valUSD>
        <pctVal>0.066097695147</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01125000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CAISSE D'AMORT LA DETTE SOCIAL</name>
        <lei>969500P04DQJS4BPM574</lei>
        <title>CAISSE D'AMORT LA DETTE SOCIAL 0% 02/25/2028 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR00140002P5"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>250784.71000000</valUSD>
        <pctVal>0.136584063510</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BUONI DEL TESORO POLIENNALI</name>
        <lei>815600DE60799F5A9309</lei>
        <title>BUONI DEL TESORO POLIENNALI 2.25% 09/01/2036 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005177909"/>
        </identifiers>
        <balance>143000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>207926.61000000</valUSD>
        <pctVal>0.113242395462</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>CITIGROUP INC 2.75% 01/24/2024</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1940150623"/>
        </identifiers>
        <balance>204000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73126143"/>
        <valUSD>297043.86000000</valUSD>
        <pctVal>0.161778034392</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>POLAND REPUBLIC OF</name>
        <lei>259400R9L8QEP0TPXS31</lei>
        <title>POLAND REPUBLIC OF 0% 02/10/2025 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2114767457"/>
        </identifiers>
        <balance>41000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>50510.27000000</valUSD>
        <pctVal>0.027509244585</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-02-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>KOREA REPUBLIC OF</name>
        <lei>549300O0QCVSQGPGDT58</lei>
        <title>KOREA REPUBLIC OF 1.375% 09/10/2024</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR103501G992"/>
        </identifiers>
        <balance>836330000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="KRW" exchangeRt="1088.40500000"/>
        <valUSD>773550.61000000</valUSD>
        <pctVal>0.421296360709</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-09-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01375000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IRELAND REPUBLIC OF</name>
        <lei>549300KXBEJAOJ9OVF93</lei>
        <title>IRELAND REPUBLIC OF 0.9% 05/15/2028 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE00BDHDPR44"/>
        </identifiers>
        <balance>32000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>43114.61000000</valUSD>
        <pctVal>0.023481370257</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00900000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BELGIUM KINGDOM OF</name>
        <lei>549300SZ25JZFHRHWD76</lei>
        <title>BELGIUM GOVT 1.9% 6/22/38 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0000336454"/>
        </identifiers>
        <balance>101000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>163936.93000000</valUSD>
        <pctVal>0.089284438667</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-06-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01900000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INTER AMERICAN DEV BANK</name>
        <lei>VKU1UKDS9E7LYLMACP54</lei>
        <title>INTER AMERICAN DEV BANK 1.25% 12/15/2025</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1991124063"/>
        </identifiers>
        <balance>308000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73126143"/>
        <valUSD>444112.46000000</valUSD>
        <pctVal>0.241875529183</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>AXA SA</name>
        <lei>F5WCUMTUM4RKZ1MAIE39</lei>
        <title>AXA SA 3EUR+3.75% 07/06/2047 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1346228577"/>
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        <balance>100000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-07-06</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.03375000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>VOLKSWAGEN FIN SERV AG</name>
        <lei>529900USFSZYPS075O24</lei>
        <title>VOLKSWAGEN FIN SERV AG 1.5% 10/01/2024 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1972548231"/>
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        <balance>36000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BELL CANADA INC</name>
        <lei>549300O5ZKB2MUUSKB97</lei>
        <title>BELL CANADA MTN 3% 10/03/2022</title>
        <cusip>07813ZBS2</cusip>
        <identifiers>
          <isin value="CA07813ZBS26"/>
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        <balance>100000.00000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.27290000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-10-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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      <invstOrSec>
        <name>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT OF 0.3% 09/20/2039</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1201701KA5"/>
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        <balance>36750000.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-09-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00300000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>IRELAND REPUBLIC OF</name>
        <lei>549300KXBEJAOJ9OVF93</lei>
        <title>IRELAND REPUBLIC OF 0.2% 10/18/2030 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE00BKFVC899"/>
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        <balance>86000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00200000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ANHEUSER BUSCH INBEV SA NV</name>
        <lei>5493008H3828EMEXB082</lei>
        <title>ANHEUSER BUSCH INBEV SA NV 2% 03/17/2028 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE6285455497"/>
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        <balance>32000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <pctVal>0.024152617290</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02000000</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>AUSTRIA REPUBLIC OF</name>
        <lei>529900QWWUI4XRVR7I03</lei>
        <title>AUSTRIA REPUBLIC OF 3.15% 06/20/2044 REGS 144A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AT0000A0VRQ6"/>
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        <balance>10000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>21384.59000000</valUSD>
        <pctVal>0.011646619918</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-06-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03150000</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>PETROLEOS MEXICANOS</name>
        <lei>549300CAZKPF4HKMPX17</lei>
        <title>PETROLEOS MEXICANOS 4.75% 02/28/2029 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1824424706"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>122852.18000000</valUSD>
        <pctVal>0.066908584480</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04750000</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>PORTUGAL OBRIGACOES DO TESOURO OT</name>
        <lei>549300FLKF3NX2O0U724</lei>
        <title>PORTUGAL OBRIGACOES DO TESOURO OT 2.875% 07/21/2026 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PTOTETOE0012"/>
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        <balance>196000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>282842.27000000</valUSD>
        <pctVal>0.154043468475</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02875000</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>SLOVENIA REPUBLIC OF</name>
        <lei>485100000LWQHIX4XX88</lei>
        <title>SLOVENIA REPUBLIC OF 2.125% 07/28/2025 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SI0002103545"/>
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        <balance>64000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>87589.97000000</valUSD>
        <pctVal>0.047703841375</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>SI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02125000</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>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT OF 0.1% 12/20/2029</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1103571L10"/>
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        <balance>7900000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
        <valUSD>77296.90000000</valUSD>
        <pctVal>0.042097960034</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00100000</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>BANQUE FED CRED MUTUEL PARIS</name>
        <lei>VBHFXSYT7OG62HNT8T76</lei>
        <title>BANQUE FED CRED MUTUEL PARIS 0.375% 01/13/2022 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1548802914"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>492544.84000000</valUSD>
        <pctVal>0.268253099274</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-01-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00375000</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>SWITZERLAND CONFEDERATION</name>
        <lei>5067006OA1BJ88912Q83</lei>
        <title>SWITZERLAND CONFEDERATION 0% 06/22/2029 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0224397346"/>
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        <balance>284000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CHF" exchangeRt="0.88530000"/>
        <valUSD>336963.29000000</valUSD>
        <pctVal>0.183519224126</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</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>DEXIA CR LOC SOCIETE ANONYME</name>
        <lei>F4G136OIPBYND1F41110</lei>
        <title>DEXIA CR LOC SOCIETE ANONYME 0.625% 01/17/2026 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1936137139"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>639140.40000000</valUSD>
        <pctVal>0.348092963823</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00625000</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>KBC GROUPE SA/NV</name>
        <lei>213800X3Q9LSAKRUWY91</lei>
        <title>KBC GROUPE SA/NV 0.5/VAR 12/03/2029 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0002664457"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>121374.59000000</valUSD>
        <pctVal>0.066103849429</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-03</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00500000</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>BUONI DEL TESORO POLIENNALI</name>
        <lei>815600DE60799F5A9309</lei>
        <title>BUONI DEL TESORO POLIENNALI 1.8% 03/01/2041 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005421703"/>
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        <balance>170000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>229623.19000000</valUSD>
        <pctVal>0.125058933482</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01800000</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>IRELAND REPUBLIC OF</name>
        <lei>549300KXBEJAOJ9OVF93</lei>
        <title>IRELAND REPUBLIC OF 1.1% 05/15/2029 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE00BH3SQ895"/>
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        <balance>434000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>598451.42000000</valUSD>
        <pctVal>0.325932656568</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <name>LITHUANIA REPUBLIC OF</name>
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        <name>BNP PARIBAS</name>
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      <invstOrSec>
        <name>JPMORGAN CHASE BANK NA NEW YORK NY</name>
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      <invstOrSec>
        <name>EUROPEAN INVESTMENT BANK</name>
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        <invCountry>LU</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>FRANCE REPUBLIC OF</name>
        <lei>969500KCGF3SUYJHPV70</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>SPAIN, KINGDOM OF</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NEW ZEALAND, GOVERNMENT OF</name>
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        <name>CANADIAN IMPERIAL BANK OF COMMERCE</name>
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        <name>BROWN BROTHERS HARRIMAN and CO.</name>
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        <name>STATE STREET BANK AND TRUST COMPANY</name>
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        <name>KOREA REPUBLIC OF</name>
        <lei>549300O0QCVSQGPGDT58</lei>
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        <name>AMERICA MOVIL SAB DE CV</name>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00750000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>LLOYDS BANK PLC</name>
        <lei>H7FNTJ4851HG0EXQ1Z70</lei>
        <title>LLOYDS BANK PLC 0.125% 09/23/2029 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2054600718"/>
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        <balance>100000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00125000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GOLDMAN SACHS GROUP INC (THE)</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
        <title>GOLDMAN SACHS GROUP INC (THE) 2% 01/11/2028 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1861206636"/>
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        <balance>51000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <pctVal>0.038437322083</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02000000</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>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVT 0.1% 12/20/2027</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1103491HC4"/>
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        <balance>7850000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
        <valUSD>77036.51000000</valUSD>
        <pctVal>0.041956144672</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00100000</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>GOLDMAN SACHS GROUP INC (THE)</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
        <title>GOLDMAN SACHS GROUP INC (THE) 3.125% 07/25/2029 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1859424902"/>
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        <balance>27000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73126143"/>
        <valUSD>43180.49000000</valUSD>
        <pctVal>0.023517250268</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03125000</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>CANADA, GOVERNMENT OF</name>
        <lei>4BFD7AQU0A75QLAHK410</lei>
        <title>CANADA GOVERNMENT OF 2% 06/01/2028</title>
        <cusip>135087H23</cusip>
        <identifiers>
          <isin value="CA135087H235"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.27290000"/>
        <valUSD>43522.27000000</valUSD>
        <pctVal>0.023703392801</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02000000</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>EUROPEAN FINANCIAL STABILITY FACILITY</name>
        <lei>222100OW6UHQXNHKN143</lei>
        <title>EUROPEAN FINANCIAL STBLTY FCTY 0.75% 05/03/2027 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="EU000A1G0DR4"/>
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        <balance>43000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>56810.01000000</valUSD>
        <pctVal>0.030940251556</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00750000</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>FRANCE REPUBLIC OF</name>
        <lei>969500KCGF3SUYJHPV70</lei>
        <title>FRANCE REPUBLIC OF 0.5% 05/25/2040 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013515806"/>
        </identifiers>
        <balance>2056000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>2709153.93000000</valUSD>
        <pctVal>1.475477721246</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00500000</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>GERMANY FEDERAL REPUBLIC OF</name>
        <lei>529900AQBND3S6YJLY83</lei>
        <title>GERMANY FEDERAL REPUBLIC OF 2.5% 07/04/2044 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0001135481"/>
        </identifiers>
        <balance>20000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>41033.10000000</valUSD>
        <pctVal>0.022347724215</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-07-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02500000</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>EUROPEAN INVESTMENT BANK</name>
        <lei>5493006YXS1U5GIHE750</lei>
        <title>EUROPEAN INVESTMENT BANK 2.7% 01/12/2023</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3CB0249787"/>
        </identifiers>
        <balance>72000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="AUD" exchangeRt="1.29710098"/>
        <valUSD>58285.41000000</valUSD>
        <pctVal>0.031743793874</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-01-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02700000</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>UNITED KINGDOM,G.B. and N.IRELAND</name>
        <lei>ECTRVYYCEF89VWYS6K36</lei>
        <title>UNITED KINGDOM G.B. and N.IRELAND 0.625% 07/31/2035 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BMGR2916"/>
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        <balance>77000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73126143"/>
        <valUSD>106872.98000000</valUSD>
        <pctVal>0.058205884592</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00625000</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>WALLOON REGION</name>
        <lei>529900HPQFHMCG25MZ72</lei>
        <title>WALLOON REGION 1.05% 06/22/2040 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0002709906"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>135493.20000000</valUSD>
        <pctVal>0.073793222218</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-06-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01050000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
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      <invstOrSec>
        <name>ISRAEL, STATE OF</name>
        <lei>213800T8ZHTFZIBYPE21</lei>
        <title>ISRAEL STATE OF 3.75% 03/31/2047</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011401937"/>
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        <balance>30000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="ILS" exchangeRt="3.21345000"/>
        <valUSD>13040.55000000</valUSD>
        <pctVal>0.007102232466</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-03-31</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>KOREA REPUBLIC OF</name>
        <lei>549300O0QCVSQGPGDT58</lei>
        <title>KOREA REPUBLIC OF 2.375% 09/10/2038</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR103502G891"/>
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        <balance>1005640000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="KRW" exchangeRt="1088.40500000"/>
        <valUSD>999327.31000000</valUSD>
        <pctVal>0.544260392814</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-09-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02375000</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>GOLDMAN SACHS GROUP INC (THE)</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
        <title>GOLDMAN SACHS GROUP INC (THE) 3.375% 03/27/2025 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2149207354"/>
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        <balance>488000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>678704.27000000</valUSD>
        <pctVal>0.369640506067</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-03-27</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>
      <invstOrSec>
        <name>AUSTRALIA, COMMONWEALTH OF</name>
        <lei>213800J6B7JSBDETCB42</lei>
        <title>AUSTRALIA COMMONWEALTH OF 0.25% 11/21/2024 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000083768"/>
        </identifiers>
        <balance>57000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="AUD" exchangeRt="1.29710098"/>
        <valUSD>44057.80000000</valUSD>
        <pctVal>0.023995056769</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-11-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00250000</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>POLAND REPUBLIC OF</name>
        <lei>259400R9L8QEP0TPXS31</lei>
        <title>POLAND GOVT 4% 04/25/2047</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PL0000109765"/>
        </identifiers>
        <balance>96000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="PLN" exchangeRt="3.73570000"/>
        <valUSD>38082.89000000</valUSD>
        <pctVal>0.020740960907</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-04-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
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      <invstOrSec>
        <name>KREDITANSTALT FUR WIEDERAUFB</name>
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      <invstOrSec>
        <name>JAPAN GOVERNMENT OF</name>
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      <invstOrSec>
        <name>EUROPEAN FINANCIAL STABILITY FACILITY</name>
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        <name>SASKATCHEWAN PROV CDA</name>
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        <name>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
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        <cusip>N/A</cusip>
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          <isin value="JP1400121K57"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2059-03-20</maturityDt>
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      <invstOrSec>
        <name>GOLDMAN SACHS BANK USA</name>
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        <cusip>N/A</cusip>
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        <curCd>N/A</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>EUROPEAN FINANCIAL STABILITY FACILITY</name>
        <lei>222100OW6UHQXNHKN143</lei>
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        <cusip>N/A</cusip>
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          <isin value="EU000A1G0ED2"/>
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        <invCountry>LU</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
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          <isin value="JP1103371F10"/>
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        <issuerCat>NUSS</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>ABERTIS INFRAESTRUCTURAS SA</name>
        <lei>549300GKFVWI02JQ5332</lei>
        <title>ABERTIS INFRAESTRUCTURAS SA 2.375% 09/27/2027 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1967635977"/>
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        <balance>400000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT OF 0.1% 06/20/2028</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1103511J74"/>
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        <balance>6750000.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00100000</annualizedRt>
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      <invstOrSec>
        <name>OSEO SA</name>
        <lei>969500STN7T9MRUMJ267</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013505518"/>
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        <balance>200000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-03-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00125000</annualizedRt>
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      <invstOrSec>
        <name>TAKEDA PHARMACEUTICAL CO LTD</name>
        <lei>549300ZLMVP4X0OGR454</lei>
        <title>TAKEDA PHARMACEUTICAL CO LTD 2% 07/09/2040</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2198582301"/>
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        <balance>157000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>POLAND REPUBLIC OF</name>
        <lei>259400R9L8QEP0TPXS31</lei>
        <title>POLAND REPUBLIC OF 2.5% 04/25/2024</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PL0000111191"/>
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        <balance>1910000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-04-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02500000</annualizedRt>
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      <invstOrSec>
        <name>ASIAN DEVELOPMENT BANK</name>
        <lei>549300X0MVH42CY8Q105</lei>
        <title>ASIAN DEVELOPMENT BANK 1.125% 12/15/2025</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2000650858"/>
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        <balance>32000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73126143"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01125000</annualizedRt>
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        <name>BNP PARIBAS</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
        <title>BNP PARIBAS 3.375% 01/23/2026 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1939253917"/>
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        <balance>550000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73126143"/>
        <valUSD>846724.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03375000</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>FRANCE REPUBLIC OF</name>
        <lei>969500KCGF3SUYJHPV70</lei>
        <title>FRANCE REPUBLIC OF 1% 05/25/2027 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013250560"/>
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        <balance>122000.00000000</balance>
        <units>PA</units>
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        <valUSD>164388.68000000</valUSD>
        <pctVal>0.089530473805</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01000000</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>CANADA, GOVERNMENT OF</name>
        <lei>4BFD7AQU0A75QLAHK410</lei>
        <title>CANADA GOVERNMENT OF 1.75% 03/01/2023</title>
        <cusip>135087H49</cusip>
        <identifiers>
          <isin value="CA135087H490"/>
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        <balance>340000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.27290000"/>
        <valUSD>275771.55000000</valUSD>
        <pctVal>0.150192565166</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01750000</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>BUONI DEL TESORO POLIENNALI</name>
        <lei>815600DE60799F5A9309</lei>
        <title>BUONI DEL TESORO POLIENNALI 2.45% 09/01/2050 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005398406"/>
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        <balance>77000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>117339.24000000</valUSD>
        <pctVal>0.063906089842</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02450000</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>SPAIN, KINGDOM OF</name>
        <lei>9598007A56S18711AH60</lei>
        <title>SPAIN KINGDOM OF 1.85% 07/30/2035 REGS 144A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0000012E69"/>
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        <balance>272000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>402251.54000000</valUSD>
        <pctVal>0.219076952045</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01850000</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>LAND NIEDERSACHSEN</name>
        <lei>391200ITQQZ7JMHXK080</lei>
        <title>LAND NIEDERSACHSEN 1.125% 09/12/2033 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A2NBKT4"/>
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        <balance>70000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>99293.41000000</valUSD>
        <pctVal>0.054077847958</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01125000</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>SIEMENS FINANCIERINGSMAATSCHAPPIJ NV</name>
        <lei>TAFO772JB70PDRN5VS48</lei>
        <title>SIEMENS FINANCIERINGSMAATSCHAPPIJ NV 0.125% 09/05/2029 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2049616621"/>
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        <balance>24000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>29817.32000000</valUSD>
        <pctVal>0.016239310317</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00125000</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>LAND NORDRHEIN WESTFALEN</name>
        <lei>529900VWPV1LPOHGJ702</lei>
        <title>LAND NORDRHEIN WESTFALEN 0.8% 07/30/2049 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000NRW0LV9"/>
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        <balance>104000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>149062.01000000</valUSD>
        <pctVal>0.081183159215</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-07-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00800000</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>BUONI DEL TESORO POLIENNALI</name>
        <lei>815600DE60799F5A9309</lei>
        <title>BUONI DEL TESORO POLIENNALI 0.85% 01/15/2027 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005390874"/>
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        <balance>81000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>103364.40000000</valUSD>
        <pctVal>0.056295018042</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00850000</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>AUSTRIA REPUBLIC OF</name>
        <lei>529900QWWUI4XRVR7I03</lei>
        <title>AUSTRIA REPUBLIC OF 0.75% 02/20/2028 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AT0000A1ZGE4"/>
        </identifiers>
        <balance>65000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>86998.42000000</valUSD>
        <pctVal>0.047381667417</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00750000</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>AT and T INC</name>
        <lei>549300Z40J86GGSTL398</lei>
        <title>AT and T INC 2.9% 12/04/2026</title>
        <cusip>00206RGE6</cusip>
        <identifiers>
          <isin value="XS1879223565"/>
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        <balance>226000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73126143"/>
        <valUSD>342603.77000000</valUSD>
        <pctVal>0.186591180461</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02900000</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>MEXICO UNITED MEXICAN STATES</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>UNITED MEXICAN STS GBL MTN BE 2.875% 04/08/2039</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1974394758"/>
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        <balance>185000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>245710.08000000</valUSD>
        <pctVal>0.133820284226</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-04-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02875000</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>POLAND REPUBLIC OF</name>
        <lei>259400R9L8QEP0TPXS31</lei>
        <title>POLAND GOVT 4% 10/25/23 1023</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PL0000107264"/>
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        <balance>97000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="PLN" exchangeRt="3.73570000"/>
        <valUSD>28782.96000000</valUSD>
        <pctVal>0.015675970184</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-10-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>NETHERLANDS GOVERNMENT OF</name>
        <lei>254900G14ALGVKORFN62</lei>
        <title>NETHERLANDS GOVERNMENT OF 2.5% 01/15/2033 REGS 144A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0010071189"/>
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        <balance>80000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>133042.57000000</valUSD>
        <pctVal>0.072458543546</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02500000</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>MALAYSIA GOVT OF</name>
        <lei>254900GSIL471JOBYY43</lei>
        <title>MALAYSIA GOVT OF 4.119% 11/30/2034</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYBGT1900062"/>
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        <balance>416000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="MYR" exchangeRt="4.02250000"/>
        <valUSD>112176.51000000</valUSD>
        <pctVal>0.061094328941</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04119000</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>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVT 0.1% 09/20/2027</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1103481H98"/>
        </identifiers>
        <balance>9750000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
        <valUSD>95636.97000000</valUSD>
        <pctVal>0.052086452895</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00100000</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>BUONI DEL TESORO POLIENNALI</name>
        <lei>815600DE60799F5A9309</lei>
        <title>BUONI DEL TESORO POLIENNALI 2.45% 09/01/33 144A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005240350"/>
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        <balance>39000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>57367.80000000</valUSD>
        <pctVal>0.031244038915</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02450000</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>IRELAND REPUBLIC OF</name>
        <lei>549300KXBEJAOJ9OVF93</lei>
        <title>IRELAND REPUBLIC OF 0% 10/18/2022 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE00BDHDPQ37"/>
        </identifiers>
        <balance>40000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>49469.30000000</valUSD>
        <pctVal>0.026942304469</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-10-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ONTARIO PROVINCE CDA</name>
        <lei>C7PVKCRGLG18EBQGZV36</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NEW SOUTH WALES TREASURY CORP</name>
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      <invstOrSec>
        <name>CANADA, GOVERNMENT OF</name>
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      <invstOrSec>
        <name>CANADA HOUSING TRUST NO 1</name>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED KINGDOM,G.B. and N.IRELAND</name>
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        <fairValLevel>2</fairValLevel>
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        <name>KOREA REPUBLIC OF</name>
        <lei>549300O0QCVSQGPGDT58</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>ABN AMRO BANK NV</name>
        <lei>BFXS5XCH7N0Y05NIXW11</lei>
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        <cusip>N/A</cusip>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>KOREA REPUBLIC OF</name>
        <lei>549300O0QCVSQGPGDT58</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR103501G968"/>
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        <balance>703200000.00000000</balance>
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        <currencyConditional curCd="KRW" exchangeRt="1088.40500000"/>
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        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-06-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01625000</annualizedRt>
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      <invstOrSec>
        <name>EUROPEAN INVESTMENT BANK</name>
        <lei>5493006YXS1U5GIHE750</lei>
        <title>EUROPEAN INVESTMENT BANK 0.05% 10/13/2034 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2055781962"/>
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        <balance>457000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00050000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>EUROPEAN UNION</name>
        <lei>529900FZRK8FGMPEOM08</lei>
        <title>EUROPEAN COMMUNITY 0% 11/04/2025 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="EU000A284451"/>
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        <balance>95000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <pctVal>0.065200547827</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BE</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>NORDEA HYPOTEK AB</name>
        <lei>5493000K2HPWIF6MFO29</lei>
        <title>NORDEA HYPOTEK AB 1% 09/17/2025</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0013358413"/>
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        <balance>1700000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="SEK" exchangeRt="8.22760000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ONTARIO PROVINCE CDA</name>
        <lei>C7PVKCRGLG18EBQGZV36</lei>
        <title>ONTARIO PROVINCE CDA 0.375% 04/08/2027 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2153608141"/>
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        <balance>283000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00375000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>ANHEUSER BUSCH INBEV SA NV</name>
        <lei>5493008H3828EMEXB082</lei>
        <title>ANHEUSER BUSCH INBEV SA NV 1.5% 04/18/2030 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE6276040431"/>
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        <balance>49000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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        <name>IBM CORPORATION</name>
        <lei>VGRQXHF3J8VDLUA7XE92</lei>
        <title>IBM CORPORATION 0.5% 09/07/2021</title>
        <cusip>459200JJ1</cusip>
        <identifiers>
          <isin value="XS1375841159"/>
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        <balance>140000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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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>0.00500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GOLDMAN SACHS BANK USA</name>
        <lei>KD3XUN7C6T14HNAYLU02</lei>
        <title>FX Forward: USD/DKK settle 2021-02-19</title>
        <cusip>N/A</cusip>
        <identifiers>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>N/A</curCd>
        <valUSD>-22088.20000000</valUSD>
        <pctVal>-0.01202982475</pctVal>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>THE TORONTO DOMINION BANK</name>
        <lei>PT3QB789TSUIDF371261</lei>
        <title>TORONTO DOMINION BANK 1.943% 03/13/2025</title>
        <cusip>89117FVY2</cusip>
        <identifiers>
          <isin value="CA89117FVY29"/>
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        <balance>252000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.27290000"/>
        <valUSD>206113.79000000</valUSD>
        <pctVal>0.112255085183</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-03-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01943000</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>MEXICAN BONOS DESARR FIX RT</name>
        <lei>N/A</lei>
        <title>MEXICAN BONOS 8% 11/07/2047</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MX0MGO000102"/>
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        <balance>2772000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PORTUGAL OBRIGACOES DO TESOURO OT</name>
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        <cusip>N/A</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LANSFORSAKRINGAR HYPOTEK AB</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LLOYDS BANKING GROUP PLC</name>
        <lei>549300PPXHEU2JF0AM85</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1749378342"/>
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        <balance>100000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>CAIXABANK SA</name>
        <lei>7CUNS533WID6K7DGFI87</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1936805776"/>
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        <balance>800000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02375000</annualizedRt>
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        <name>CREDIT SUISSE GRP AG</name>
        <lei>549300506SI9CRFV9Z86</lei>
        <title>CREDIT SUISSE GRP AG 1.25/VAR 07/17/2025 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0343366842"/>
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        <balance>100000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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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>BANK OF AMERICA, N.A.</name>
        <lei>B4TYDEB6GKMZO031MB27</lei>
        <title>FX Forward: USD/GBP settle 2021-02-19</title>
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          <other otherDesc="Internal FX transaction ID" value="19920"/>
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        <curCd>N/A</curCd>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GERMANY FEDERAL REPUBLIC OF</name>
        <lei>529900AQBND3S6YJLY83</lei>
        <title>GERMANY FEDERAL REPUBLIC OF 0% 08/15/2029 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0001102473"/>
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        <balance>31000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>THAILAND KINGDOM OF</name>
        <lei>254900PHJ6MSKT6C7026</lei>
        <title>THAILAND GOVT 3.65% 6/20/31</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TH0623A3B608"/>
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        <balance>2464000.00000000</balance>
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        <currencyConditional curCd="THB" exchangeRt="29.95000000"/>
        <valUSD>100487.23000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03650000</annualizedRt>
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      <invstOrSec>
        <name>SPAIN, KINGDOM OF</name>
        <lei>9598007A56S18711AH60</lei>
        <title>SPAIN GOVT 1.5% 04/30/2027 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES00000128P8"/>
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        <balance>157000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01500000</annualizedRt>
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      <invstOrSec>
        <name>SPAIN, KINGDOM OF</name>
        <lei>9598007A56S18711AH60</lei>
        <title>SPAIN KINGDOM OF 1.95% 07/30/2030 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES00000127A2"/>
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        <balance>26000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01950000</annualizedRt>
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        <name>GERMANY FEDERAL REPUBLIC OF</name>
        <lei>529900AQBND3S6YJLY83</lei>
        <title>GERMANY FEDERAL REPUBLIC OF 4% 01/04/2037 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0001135275"/>
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        <balance>40000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>INTL FINANCE CORP</name>
        <lei>QKL54NQY28TCDAI75F60</lei>
        <title>INTL FIN CORP 3.15% 06/26/2029 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3CB0254910"/>
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        <balance>90000.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.29710098"/>
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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>0.03150000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>COMMERZBANK AG</name>
        <lei>851WYGNLUQLFZBSYGB56</lei>
        <title>COMMERZBANK AG 0.01% 03/11/2030</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000CZ45VS1"/>
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        <balance>53000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00010000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BUONI DEL TESORO POLIENNALI</name>
        <lei>815600DE60799F5A9309</lei>
        <title>BUONI DEL TESORO POLIENNALI 3% 08/01/2029 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005365165"/>
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        <balance>2038000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</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>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVT 0.5% 09/20/2036</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1201581G90"/>
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        <balance>37400000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
        <valUSD>375155.45000000</valUSD>
        <pctVal>0.204319696400</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00500000</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>KOREA REPUBLIC OF</name>
        <lei>549300O0QCVSQGPGDT58</lei>
        <title>KOREA REPUBLIC OF 2% 03/10/2049</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR103502G933"/>
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        <balance>381850000.00000000</balance>
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        <currencyConditional curCd="KRW" exchangeRt="1088.40500000"/>
        <valUSD>363014.50000000</valUSD>
        <pctVal>0.197707410165</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-03-10</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>OSEO SA</name>
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      <invstOrSec>
        <name>MALAYSIA GOVT OF</name>
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      <invstOrSec>
        <name>FRANCE REPUBLIC OF</name>
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        <name>LATVIA, REPUBLIC OF</name>
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        <name>ONTARIO PROVINCE CDA</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-06-02</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
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        <identifiers>
          <isin value="JP1300601JA9"/>
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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>
        <title>FX Forward: USD/AUD settle 2021-02-19</title>
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        <identifiers>
          <other otherDesc="Internal FX transaction ID" value="20421"/>
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        <balance>1.00000000</balance>
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        <curCd>N/A</curCd>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>EUROPEAN FINANCIAL STABILITY FACILITY</name>
        <lei>222100OW6UHQXNHKN143</lei>
        <title>EUROPEAN FINANCIAL STBLTY FCTY 0.05% 10/17/2029 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="EU000A1G0EE0"/>
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        <balance>23000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00050000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT OF 0.4% 03/20/2050</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1300661L47"/>
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        <balance>8550000.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-03-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00400000</annualizedRt>
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      <invstOrSec>
        <name>GE CAPITAL EUROPEAN FUNDING UNLIMITED COMPANY</name>
        <lei>YHZHHIVHTKEV7XROHS46</lei>
        <title>GE CAP FNDG EMTN 4.625 2/22/27</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS0288429532"/>
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        <balance>100000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04625000</annualizedRt>
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      <invstOrSec>
        <name>GOLDMAN SACHS BANK USA</name>
        <lei>KD3XUN7C6T14HNAYLU02</lei>
        <title>FX Forward: USD/PEN settle 2021-02-19</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal FX transaction ID" value="19513"/>
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        <balance>1.00000000</balance>
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        <curCd>N/A</curCd>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PORTUGAL OBRIGACOES DO TESOURO OT</name>
        <lei>549300FLKF3NX2O0U724</lei>
        <title>PORTUGAL OBRIGACOES DO TESOURO OT 2.25% 04/18/2034 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PTOTEWOE0017"/>
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        <balance>23000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02250000</annualizedRt>
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        <name>BANQUE FED CRED MUTUEL PARIS</name>
        <lei>VBHFXSYT7OG62HNT8T76</lei>
        <title>BANQUE FED CRED MUTUEL PARIS 1.25% 05/26/2027 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1617831026"/>
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        <balance>100000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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        <name>UNION NATIONALE INTERPROFES POUR EMPLOI DANS COMMERCE INDUSTRIE SA UNEDIC</name>
        <lei>969500V3L9W19NIA5E82</lei>
        <title>UNION NIPE DCI SA UNEDIC 0.875% 05/25/2028 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013369758"/>
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        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00875000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GENERAL ELECTRIC CO</name>
        <lei>3C7474T6CDKPR9K6YT90</lei>
        <title>GENERAL ELECTRIC CO 0.875% 05/17/2025</title>
        <cusip>369604BS1</cusip>
        <identifiers>
          <isin value="XS1612542826"/>
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        <balance>110000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00875000</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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        <name>CYPRUS, REPUBLIC OF</name>
        <lei>213800IOEYYAHPDLUL60</lei>
        <title>CYPRUS REPUBLIC OF 3.75% 07/26/2023 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1457553367"/>
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        <balance>44000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>59137.99000000</valUSD>
        <pctVal>0.032208131755</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-07-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <name>ONTARIO PROVINCE CDA</name>
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        <name>CZECH REPUBLIC</name>
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        <name>FRANCE REPUBLIC OF</name>
        <lei>969500KCGF3SUYJHPV70</lei>
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        <identifiers>
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        <name>INDONESIA REPUBLIC OF</name>
        <lei>254900G208H6Q0L5B953</lei>
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        <name>RUSSIAN FEDN</name>
        <lei>5493004EHVGF71PDBU58</lei>
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        <identifiers>
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        <name>MEDTRONIC GLOBAL HOLDINGS SCA</name>
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        <cusip>58507LAM1</cusip>
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        <name>KOREA REPUBLIC OF</name>
        <lei>549300O0QCVSQGPGDT58</lei>
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        <name>KOMMUNEKREDIT</name>
        <lei>529900D8QLTZ6PRLJL76</lei>
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        <cusip>N/A</cusip>
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          <isin value="XS1677766047"/>
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        <name>BANK NEDERLANDSE GEMEENTEN NV</name>
        <lei>529900GGYMNGRQTDOO93</lei>
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        <name>BELGIUM KINGDOM OF</name>
        <lei>549300SZ25JZFHRHWD76</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0000350596"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>BE</invCountry>
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        <name>INDONESIA REPUBLIC OF</name>
        <lei>254900G208H6Q0L5B953</lei>
        <title>INDONESIA REPUBLIC OF 6.25% 06/15/2025</title>
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        <invCountry>ID</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>KREDITANSTALT FUR WIEDERAUFB</name>
        <lei>549300GDPG70E3MBBU98</lei>
        <title>KREDITANSTALT FUR WIEDER(UNGTD 3.2% 09/11/2026</title>
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        <identifiers>
          <isin value="AU000KFWHAE5"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>DNB NAERINGSKREDITT AS</name>
        <lei>5967007LIEEXZX64HS18</lei>
        <title>DNB NOR BOLIGKREDITT AS COVERED BK BD PROGRAM BOOK ENTRY REG S 0.375% 11/14/2023 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1909061597"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>BELGIUM KINGDOM OF</name>
        <lei>549300SZ25JZFHRHWD76</lei>
        <title>BELGIUM GOVT 0.5% 10/22/2024 REGS 144A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0000342510"/>
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        <balance>32000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-10-22</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT OF 0.1% 08/01/2022</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1024151L81"/>
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        <balance>64600000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00100000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT OF 0.1% 06/20/2029</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1103551K72"/>
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        <balance>3900000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
        <valUSD>38215.13000000</valUSD>
        <pctVal>0.020812982350</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00100000</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>SWITZERLAND CONFEDERATION</name>
        <lei>5067006OA1BJ88912Q83</lei>
        <title>SWITZERLAND GOVT 3.5% 4/08/33 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0015803239"/>
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        <balance>45000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CHF" exchangeRt="0.88530000"/>
        <valUSD>76103.02000000</valUSD>
        <pctVal>0.041447741040</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-04-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03500000</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>BNP PARIBAS</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
        <title>FX Forward: USD/KRW settle 2021-02-19</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal FX transaction ID" value="22044"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>N/A</curCd>
        <valUSD>-3534.24000000</valUSD>
        <pctVal>-0.00192484167</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>BNP PARIBAS</counterpartyName>
              <counterpartyLei>R0MUWSFPU8MPRO8K5P83</counterpartyLei>
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            <amtCurSold>520700000.00000000</amtCurSold>
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            <amtCurPur>475047.90000000</amtCurPur>
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            <settlementDt>2021-02-19</settlementDt>
            <unrealizedAppr>-3534.24000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>COMMERZBANK AG</name>
        <lei>851WYGNLUQLFZBSYGB56</lei>
        <title>COMMERZBANK AG 0.5% 12/04/2026 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000CZ45VC5"/>
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        <balance>58000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>72288.68000000</valUSD>
        <pctVal>0.039370349413</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00500000</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>INDONESIA REPUBLIC OF</name>
        <lei>254900G208H6Q0L5B953</lei>
        <title>INDONESIA GOVT 2.625% 06/14/23 RGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1432493879"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>129250.57000000</valUSD>
        <pctVal>0.070393318881</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02625000</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>BELGIUM KINGDOM OF</name>
        <lei>549300SZ25JZFHRHWD76</lei>
        <title>BELGIUM KINGDOM OF 0.1% 06/22/2030 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0000349580"/>
        </identifiers>
        <balance>175000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>223834.96000000</valUSD>
        <pctVal>0.121906508544</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00100000</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>BELGIUM KINGDOM OF</name>
        <lei>549300SZ25JZFHRHWD76</lei>
        <title>BELGIUM GOVT 5.5% 3/28/28</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0000291972"/>
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        <balance>40000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>70724.15000000</valUSD>
        <pctVal>0.038518264511</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</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>INDONESIA REPUBLIC OF</name>
        <lei>254900G208H6Q0L5B953</lei>
        <title>INDONESIA REPUBLIC OF 8.375% 04/15/2039</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IDG000013202"/>
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        <balance>1794000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="IDR" exchangeRt="14050.00000000"/>
        <valUSD>149393.59000000</valUSD>
        <pctVal>0.081363746556</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08375000</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>NORWAY GOVERNMENT BOND</name>
        <lei>549300O6E2WAK3IAXE34</lei>
        <title>NORWAY GOVERNMENT BOND 1.5% 02/19/2026 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0010757925"/>
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        <balance>295000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="NOK" exchangeRt="8.57425000"/>
        <valUSD>35821.57000000</valUSD>
        <pctVal>0.019509385528</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01500000</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>QUEBEC PROVINCE CDA</name>
        <lei>549300WN65YFEQH74Y36</lei>
        <title>QUEBEC PROV MED TERM NTS CDS 2.3% 09/01/2029</title>
        <cusip>74814ZFF5</cusip>
        <identifiers>
          <isin value="CA74814ZFF59"/>
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        <balance>1179000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.27290000"/>
        <valUSD>1013769.57000000</valUSD>
        <pctVal>0.552126034053</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02300000</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>ABN AMRO BANK NV</name>
        <lei>BFXS5XCH7N0Y05NIXW11</lei>
        <title>ABN AMRO BANK NV 0.375% 01/14/2035 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2101336316"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>260509.53000000</valUSD>
        <pctVal>0.141880460696</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00375000</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>NEWFOUNDLAND PROVINCE CDA</name>
        <lei>549300CLWWW48GTPOJ49</lei>
        <title>NEWFOUNDLAND PROVINCE CDA 3.3% 10/17/2046</title>
        <cusip>651333FT8</cusip>
        <identifiers>
          <isin value="CA651333FT85"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.27290000"/>
        <valUSD>45699.98000000</valUSD>
        <pctVal>0.024889431938</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-10-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03300000</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>FINLAND REPUBLIC OF</name>
        <lei>743700M6Y2OQRVSBRD14</lei>
        <title>FINLAND GOVT 0% 09/15/23 RGS 144A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI4000219787"/>
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        <balance>209000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>260384.34000000</valUSD>
        <pctVal>0.141812278873</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>FI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</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>STADSHYPOTEK AB</name>
        <lei>549300UOX05QGUJJ5707</lei>
        <title>STADSHYPOTEK AB 1.5% 03/01/2024 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0011063015"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="SEK" exchangeRt="8.22760000"/>
        <valUSD>127182.65000000</valUSD>
        <pctVal>0.069267074316</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SINGAPORE REPUBLIC OF</name>
        <lei>54930035WQZLGC45RZ35</lei>
        <title>SINGAPORE REPUBLIC OF 2% 02/01/2024</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SGXF92110679"/>
        </identifiers>
        <balance>147000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="SGD" exchangeRt="1.32160000"/>
        <valUSD>116842.99000000</valUSD>
        <pctVal>0.063635818814</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>SG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BELGIUM KINGDOM OF</name>
        <lei>549300SZ25JZFHRHWD76</lei>
        <title>BELGIUM KINGDOM OF 4% 03/28/2032 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0000326356"/>
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        <balance>30000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>54665.37000000</valUSD>
        <pctVal>0.029772223226</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>BUONI DEL TESORO POLIENNALI</name>
        <lei>815600DE60799F5A9309</lei>
        <title>BUONI DEL TESORO POLIENNALI 0.05% 01/15/2023 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005384497"/>
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        <balance>34000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>41927.26000000</valUSD>
        <pctVal>0.022834707676</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00050000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NORDEA MORTGAGE BANK PLC</name>
        <lei>7437001LESKGLAEOEU84</lei>
        <title>NORDEA BANK FINLAND PLC 1.0% 11/05/2024 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1132790442"/>
        </identifiers>
        <balance>180000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>233020.01000000</valUSD>
        <pctVal>0.126908932546</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-11-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ROYAL BANK OF CANADA</name>
        <lei>ES7IP3U3RHIGC71XBU11</lei>
        <title>ROYAL BANK OF CANADA 0.625% 09/10/2025 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1876471183"/>
        </identifiers>
        <balance>756000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>968354.87000000</valUSD>
        <pctVal>0.527391973236</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00625000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LANDWIRTSCHAFTLICHE RENTENBANK</name>
        <lei>529900Z3J0N6S0F7CT25</lei>
        <title>LANDWIRTSCHAFTLICHE RENTENBANK 2.6% 03/23/2027 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3CB0239796"/>
        </identifiers>
        <balance>60000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="AUD" exchangeRt="1.29710098"/>
        <valUSD>51369.12000000</valUSD>
        <pctVal>0.027976997276</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02600000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SNAM SPA</name>
        <lei>8156002278562044AF79</lei>
        <title>SNAM SPA 0% 05/12/2024 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2051660335"/>
        </identifiers>
        <balance>110000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>135339.64000000</valUSD>
        <pctVal>0.073709589333</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-05-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BELGIUM KINGDOM OF</name>
        <lei>549300SZ25JZFHRHWD76</lei>
        <title>BELGIUM KINGDOM OF 1.45% 06/22/2037 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0000344532"/>
        </identifiers>
        <balance>84000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>127394.42000000</valUSD>
        <pctVal>0.069382409924</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01450000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ALBERTA PROVINCE CDA</name>
        <lei>LQPXMHHNJKIPJYE53543</lei>
        <title>ALBERTA PROV 2.55% 12/15/22</title>
        <cusip>013051DG9</cusip>
        <identifiers>
          <isin value="CA013051DG93"/>
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        <balance>160000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.27290000"/>
        <valUSD>131198.99000000</valUSD>
        <pctVal>0.071454480548</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02550000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BROWN BROTHERS HARRIMAN and CO.</name>
        <lei>5493006KMX1VFTPYPW14</lei>
        <title>FX Forward: USD/JPY settle 2021-02-19</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal FX transaction ID" value="19573"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>N/A</curCd>
        <valUSD>-228524.72000000</valUSD>
        <pctVal>-0.12446067732</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>BROWN BROTHERS HARRIMAN and CO.</counterpartyName>
              <counterpartyLei>5493006KMX1VFTPYPW14</counterpartyLei>
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            <amtCurSold>2774200000.00000000</amtCurSold>
            <curSold>JPY</curSold>
            <amtCurPur>26652960.05000000</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2021-02-19</settlementDt>
            <unrealizedAppr>-228524.72000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNICREDIT SPA</name>
        <lei>549300TRUWO2CD2G5692</lei>
        <title>UNICREDIT SPA 2.2/VAR 07/22/2027 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2207976783"/>
        </identifiers>
        <balance>490000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>635014.67000000</valUSD>
        <pctVal>0.345845980870</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-22</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.02200000</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>ALBERTA PROVINCE CDA</name>
        <lei>LQPXMHHNJKIPJYE53543</lei>
        <title>ALBERTA PROVINCE CDA 0.5% 04/16/2025 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2156776309"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>126264.86000000</valUSD>
        <pctVal>0.068767221324</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00500000</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>FORD MTR CR CO LLC</name>
        <lei>UDSQCVRUX5BONN0VY111</lei>
        <title>FORD MTR CR CO LLC 2.33% 11/25/2025</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2052337503"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>123856.98000000</valUSD>
        <pctVal>0.067455825446</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02330000</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>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVT 0.1% 09/20/26</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1103441G98"/>
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        <balance>20350000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
        <valUSD>199300.12000000</valUSD>
        <pctVal>0.108544178182</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00100000</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>FINLAND REPUBLIC OF</name>
        <lei>743700M6Y2OQRVSBRD14</lei>
        <title>FINLAND REPUBLIC OF 0% 09/15/2024 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI4000391529"/>
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        <balance>84000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>105399.56000000</valUSD>
        <pctVal>0.057403420635</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>FI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</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>KOREA REPUBLIC OF</name>
        <lei>549300O0QCVSQGPGDT58</lei>
        <title>KOREA REPUBLIC OF 1.5% 12/10/2026</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR103502G6C4"/>
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        <balance>32000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="KRW" exchangeRt="1088.40500000"/>
        <valUSD>29449.80000000</valUSD>
        <pctVal>0.016039149091</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BREMEN, FREIE HANSESTADT</name>
        <lei>5299000FMNZDQIMTS006</lei>
        <title>BREMEN FREIE HANSESTADT 0.4% 08/20/2049 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A2YNXD3"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-08-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00400000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT</name>
        <lei>ZTMSNXROF84AHWJNKQ93</lei>
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        <cusip>459058GG2</cusip>
        <identifiers>
          <isin value="CA459058GG23"/>
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        <balance>93000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-01-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02250000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>BUONI DEL TESORO POLIENNALI</name>
        <lei>815600DE60799F5A9309</lei>
        <title>BUONI DEL TESORO POLIENNALI 1.6% 06/01/2026</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005170839"/>
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        <balance>179000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01600000</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>NEWFOUNDLAND PROVINCE CDA</name>
        <lei>549300CLWWW48GTPOJ49</lei>
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        <cusip>651333GD2</cusip>
        <identifiers>
          <isin value="CA651333GD25"/>
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        <balance>167000.00000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.27290000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-10-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02650000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT OF 0.4% 06/20/2040</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1201731L76"/>
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        <balance>10450000.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-06-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00400000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT OF 0.1% 03/20/2027</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1103461H35"/>
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        <balance>13300000.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
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        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00100000</annualizedRt>
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      <invstOrSec>
        <name>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT OF 0.1% 06/20/2030</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1103591L73"/>
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        <balance>58500000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00100000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SPAIN, KINGDOM OF</name>
        <lei>9598007A56S18711AH60</lei>
        <title>SPAIN KINGDOM OF 1% 10/31/2050 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0000012G00"/>
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        <balance>155000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <pctVal>0.106613939258</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-10-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT OF 0.5% 09/20/2046</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1300521G93"/>
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        <balance>15100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
        <valUSD>144752.63000000</valUSD>
        <pctVal>0.078836155558</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-09-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00500000</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>AUSTRIA REPUBLIC OF</name>
        <lei>529900QWWUI4XRVR7I03</lei>
        <title>AUSTRIA REPUBLIC OF 2.4% 05/23/2034 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AT0000A10683"/>
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        <balance>40000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>66599.96000000</valUSD>
        <pctVal>0.036272120283</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-05-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02400000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PFANDBRIEFBANK SCHWEIZERISCHER HYPOTHEKARINSTITUTE AG</name>
        <lei>506700W794IX46Z13F75</lei>
        <title>PFANDBRIEF SCHWEIZ HYPO 0% 07/29/2024 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0471297918"/>
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        <balance>40000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CHF" exchangeRt="0.88530000"/>
        <valUSD>46005.35000000</valUSD>
        <pctVal>0.025055744611</pctVal>
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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>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>CANADA, GOVERNMENT OF</name>
        <lei>4BFD7AQU0A75QLAHK410</lei>
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        <cusip>135087J96</cusip>
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          <isin value="CA135087J967"/>
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        <balance>58000.00000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.27290000"/>
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        <pctVal>0.025899273426</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>SPAIN, KINGDOM OF</name>
        <lei>9598007A56S18711AH60</lei>
        <title>SPAIN, KINGDOM OF 0.6% 10/31/2029 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0000012F43"/>
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        <balance>32000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>HYDRO-QUEBEC</name>
        <lei>6THEVG93PYJH84S4D167</lei>
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        <cusip>448814JA2</cusip>
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          <isin value="CA448814JA24"/>
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        <balance>50000.00000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.27290000"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>FRANCE REPUBLIC OF</name>
        <lei>969500KCGF3SUYJHPV70</lei>
        <title>FRANCE GOVT 1.75% 06/25/2039 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013234333"/>
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        <balance>221000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <pctVal>0.194264508545</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-06-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01750000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>STANDARD CHARTERED PLC</name>
        <lei>U4LOSYZ7YG4W3S5F2G91</lei>
        <title>STANDARD CHARTERED PLC 0.85%/VAR 01/27/2028 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2102360315"/>
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        <balance>107000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-27</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00850000</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>AUSTRALIA, COMMONWEALTH OF</name>
        <lei>213800J6B7JSBDETCB42</lei>
        <title>AUSTRALIA COMMONWEALTH OF 1.25% 05/21/2032</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000075681"/>
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        <balance>140000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="AUD" exchangeRt="1.29710098"/>
        <valUSD>109822.04000000</valUSD>
        <pctVal>0.059812021578</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-21</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
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          <isin value="JP1300591J79"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-06-20</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>TRANSCANADA PIPELINES LTD</name>
        <lei>5BV01I6231JPDAPMGH09</lei>
        <title>TRANSCANADA PIPELINES LTD MTN 3% 09/18/2029</title>
        <cusip>89353ZCE6</cusip>
        <identifiers>
          <isin value="CA89353ZCE66"/>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>VOLKSWAGEN FINANCIAL SERVICES NV</name>
        <lei>529900ZTQC8D1TW6BL41</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1596735701"/>
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        <balance>26000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02250000</annualizedRt>
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      <invstOrSec>
        <name>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT OF 0.1% 03/20/2026</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1103421G35"/>
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        <balance>19900000.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00100000</annualizedRt>
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      <invstOrSec>
        <name>KREDITANSTALT FUR WIEDERAUFB</name>
        <lei>549300GDPG70E3MBBU98</lei>
        <title>KREDITANSTALT FUR WIEDER(UNGTD 0% 09/30/2026 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A2TSTU4"/>
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        <balance>70000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CITIBANK, N.A.</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
        <title>FX Forward: USD/JPY settle 2021-02-19</title>
        <cusip>N/A</cusip>
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          <other otherDesc="Internal FX transaction ID" value="20427"/>
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        <balance>1.00000000</balance>
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        <curCd>N/A</curCd>
        <valUSD>-6207.44000000</valUSD>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>CITIBANK, N.A.</counterpartyName>
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      <invstOrSec>
        <name>BANCO SANTANDER SA</name>
        <lei>5493006QMFDDMYWIAM13</lei>
        <title>SANTANDER CENT HISPO ISSUA LTD 3.125% 01/19/2027 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1548444816"/>
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        <balance>100000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03125000</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>THAILAND KINGDOM OF</name>
        <lei>254900PHJ6MSKT6C7026</lei>
        <title>THAILAND KINGDOM OF 1.6% 12/17/2029</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TH0623039C03"/>
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        <balance>4153000.00000000</balance>
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        <currencyConditional curCd="THB" exchangeRt="29.95000000"/>
        <valUSD>142304.70000000</valUSD>
        <pctVal>0.077502947379</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01600000</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>GERMANY FEDERAL REPUBLIC OF</name>
        <lei>529900AQBND3S6YJLY83</lei>
        <title>GERMANY FEDERAL REPUBLIC OF 0% 10/10/2025 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0001141828"/>
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        <balance>841000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</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>COMUNIDAD DE MADRID</name>
        <lei>959800KASH3LCM57Q344</lei>
        <title>COMUNIDAD DE MADRID 1.571% 04/30/2029 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0000101909"/>
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        <balance>316000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01571000</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>ISRAEL, STATE OF</name>
        <lei>213800T8ZHTFZIBYPE21</lei>
        <title>ISRAEL STATE OF 1% 03/31/2030</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011609851"/>
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        <balance>1067000.00000000</balance>
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        <currencyConditional curCd="ILS" exchangeRt="3.21345000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01000000</annualizedRt>
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      <invstOrSec>
        <name>AUSTRIA REPUBLIC OF</name>
        <lei>529900QWWUI4XRVR7I03</lei>
        <title>AUSTRIA REPUBLIC OF 0% 02/20/2030 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AT0000A2CQD2"/>
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        <balance>162000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>AUSTRIA REPUBLIC OF</name>
        <lei>529900QWWUI4XRVR7I03</lei>
        <title>AUSTRIA REPUBLIC OF 0.5% 02/20/2029 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AT0000A269M8"/>
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        <balance>677000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>896172.55000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT OF 0.6% 06/20/2050</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1300671L78"/>
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        <balance>15150000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
        <valUSD>145157.12000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-06-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00600000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NORWAY GOVERNMENT BOND</name>
        <lei>549300O6E2WAK3IAXE34</lei>
        <title>NORWAY GOVERNMENT BOND 1.75% 02/17/2027 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0010786288"/>
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        <balance>884000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="NOK" exchangeRt="8.57425000"/>
        <valUSD>109182.26000000</valUSD>
        <pctVal>0.059463580271</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01750000</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>PROCTER and GAMBLE CO</name>
        <lei>2572IBTT8CCZW6AU4141</lei>
        <title>PROCTER and GAMBLE CO 1.8% 05/03/2029</title>
        <cusip>742718ET2</cusip>
        <identifiers>
          <isin value="XS1608101652"/>
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        <balance>226000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73126143"/>
        <valUSD>342359.95000000</valUSD>
        <pctVal>0.186458389565</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01800000</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>GOLDMAN SACHS BANK USA</name>
        <lei>KD3XUN7C6T14HNAYLU02</lei>
        <title>FX Forward: USD/RUB settle 2021-02-19</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal FX transaction ID" value="19510"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>N/A</curCd>
        <valUSD>-22950.74000000</valUSD>
        <pctVal>-0.01249958711</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS BANK USA</counterpartyName>
              <counterpartyLei>KD3XUN7C6T14HNAYLU02</counterpartyLei>
            </counterparties>
            <amtCurSold>48047000.00000000</amtCurSold>
            <curSold>RUB</curSold>
            <amtCurPur>623765.05000000</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2021-02-19</settlementDt>
            <unrealizedAppr>-22950.74000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INDONESIA REPUBLIC OF</name>
        <lei>254900G208H6Q0L5B953</lei>
        <title>INDONESIA REPUBLIC OF 7% 09/15/2030</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IDG000013806"/>
        </identifiers>
        <balance>1979000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="IDR" exchangeRt="14050.00000000"/>
        <valUSD>150713.88000000</valUSD>
        <pctVal>0.082082811818</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JAPAN GOVERNMENT OF</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVT 0.1% 06/20/26</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1103431G66"/>
        </identifiers>
        <balance>17550000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="103.25500000"/>
        <valUSD>171840.60000000</valUSD>
        <pctVal>0.093588988834</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00100000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DAIMLER AG</name>
        <lei>529900R27DL06UVNT076</lei>
        <title>DAIMLER AG 1.5% 07/03/2029 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A2GSCW3"/>
        </identifiers>
        <balance>44000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>59177.20000000</valUSD>
        <pctVal>0.032229486571</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNITED KINGDOM,G.B. and N.IRELAND</name>
        <lei>ECTRVYYCEF89VWYS6K36</lei>
        <title>UK GILT 1.5% 07/22/47 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BDCHBW80"/>
        </identifiers>
        <balance>120000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73126143"/>
        <valUSD>194153.34000000</valUSD>
        <pctVal>0.105741104078</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-07-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DENMARK KINGDOM OF</name>
        <lei>549300PTO6LS1PTM6607</lei>
        <title>DENMARK GOVT 0.5% 11/15/2027</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0009923567"/>
        </identifiers>
        <balance>907000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="DKK" exchangeRt="6.09240000"/>
        <valUSD>159435.13000000</valUSD>
        <pctVal>0.086832637929</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IRELAND REPUBLIC OF</name>
        <lei>549300KXBEJAOJ9OVF93</lei>
        <title>IRELAND REPUBLIC OF 3.4% 03/18/2024 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE00B6X95T99"/>
        </identifiers>
        <balance>28000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.81856506"/>
        <valUSD>38697.68000000</valUSD>
        <pctVal>0.021075791992</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03400000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2021-01-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Laura M. Del Prato</ncom:nameOfApplicant>
      <ncom:signature>Laura M. Del Prato</ncom:signature>
      <ncom:signerName>Laura M. Del Prato</ncom:signerName>
      <ncom:title>President and Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
