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      <invstOrSec>
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        <name>EL SALVADOR REPUBLIC OF</name>
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        <name>BANQUE CENTRALE DE TUNISIE</name>
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        <name>SAUDI ARABIAN OIL COMPANY</name>
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        <name>STILLWATER MINING COMPANY</name>
        <lei>6354007DPCY4ZN2MRR73</lei>
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        <name>EUROPEAN BANK FOR RECON and DEV</name>
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        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>ECUADOR, REP OF</name>
        <lei>5299003Y2U5XK0A35H71</lei>
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          <isin value="XS1199930329"/>
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        <invCountry>EC</invCountry>
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        <name>TURKEY REPUBLIC OF</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
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          <isin value="US900123BG46"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>TR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>BANCO DO BRASIL SA GRAND CAYMAN BRANCH</name>
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        <title>BANCO DO BRASIL GR CAYMAN BRH STEP PERP 144A</title>
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        <name>FIDELITY REVERE STREET TRUST</name>
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        <name>VENEZUELA, REPUBLIC OF</name>
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          <isin value="USP17625AD98"/>
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        <issuerCat>NUSS</issuerCat>
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        <name>DOMINICAN REPUBLIC</name>
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        <name>ESKOM HLDGS LTD</name>
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        <curCd>USD</curCd>
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        <name>BTA BANK JSC</name>
        <lei>N/A</lei>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KZ</invCountry>
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      <invstOrSec>
        <name>TINKOFF CREDIT SYSTEMS VIA TCS FINANCE LTD</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>QATAR ST</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>KENYA REPUBLIC OF</name>
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        <name>TURKEY REPUBLIC OF</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>FIDELITY BANK PLC</name>
        <lei>029200298A5K5WI0F567</lei>
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        <name>PETROLEOS DE VENEZUELA SA</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>VE</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BONITRON DESIGNATED ACTIVITY CO</name>
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          <isin value="US09821LAA98"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>PETROLEOS MEXICANOS</name>
        <lei>549300CAZKPF4HKMPX17</lei>
        <title>PETROLEOS MEXICANOS 6.75% 09/21/2047</title>
        <cusip>71654QCC4</cusip>
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          <isin value="US71654QCC42"/>
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        <curCd>USD</curCd>
        <valUSD>16166227.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-09-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06750000</annualizedRt>
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      <invstOrSec>
        <name>DTEK FINANCE PLC</name>
        <lei>549300VBCR9V58ZYQ356</lei>
        <title>DTEK FINANCE PLC PIK VAR 12/31/2024</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1543030222"/>
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        <balance>13189000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>13378591.88000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>PETROLEOS MEXICANOS</name>
        <lei>549300CAZKPF4HKMPX17</lei>
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        <cusip>71654QAZ5</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>IHS NETHERLANDS HOLDCO BV</name>
        <lei>5493006Z6YQYCCN2XI74</lei>
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        <cusip>44963LAB2</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>DELTA MERLIN DUNIA TEKSTIL PT</name>
        <lei>2549006VVY3FDMC5ZG55</lei>
        <title>DELTA MERLIN DUNIA TEKSTIL PT 8.625% 03/12/2024 144A</title>
        <cusip>69374VAA2</cusip>
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          <isin value="US69374VAA26"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>UKRAINE CABINET OF MINISTERS</name>
        <lei>6354001WLTJXOMEXPY07</lei>
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        <cusip>903724AM4</cusip>
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          <isin value="US903724AM46"/>
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        <curCd>USD</curCd>
        <valUSD>16542750.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>UA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07750000</annualizedRt>
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        <name>IVORY COAST (COTE D'IVOIRE)</name>
        <lei>254900ICW11T82O6H590</lei>
        <title>IVORY COAST GOV STEP 12/32 RGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS0496488395"/>
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        <balance>12353895.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>12350034.41000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-31</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05750000</annualizedRt>
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        <name>ODEBRECHT FINANCE LTD</name>
        <lei>N/A</lei>
        <title>ODEBRECHT FIN 7.125 6/42 144A</title>
        <cusip>675758AJ5</cusip>
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          <isin value="US675758AJ51"/>
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        <curCd>USD</curCd>
        <valUSD>535725.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07125000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <name>ODEBRECHT FINANCE LTD</name>
        <lei>N/A</lei>
        <title>ODEBRECHT FIN 7.5% PERP 144A</title>
        <cusip>675758AF3</cusip>
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          <isin value="US675758AF30"/>
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        <balance>10715000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>320646.38000000</valUSD>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>TURKIYE GARANTI BANKASI AS</name>
        <lei>5493002XSS7K7RHN1V37</lei>
        <title>TURKIYE GARANTI BANKASI AS 6.125%/VAR 05/24/2027</title>
        <cusip>900148AE7</cusip>
        <identifiers>
          <isin value="US900148AE73"/>
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        <balance>2470000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2336465.63000000</valUSD>
        <pctVal>0.158674294831</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <name>PETROBRAS INTL FIN CO LTD</name>
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        <name>EL SALVADOR REPUBLIC OF</name>
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        <name>TRADE and DEVELOPMENT BANK OF MONGOLIA LLC</name>
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        <name>DOMINICAN REPUBLIC</name>
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        <name>QATAR ST</name>
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        <name>OOREDOO INTERNATIONAL FINANCE LTD</name>
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        <name>PETROLEOS DE VENEZUELA SA</name>
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        <name>TURKEY REPUBLIC OF</name>
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        <name>QATAR ST</name>
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        <name>GEOPARK LTD</name>
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        <name>BOLIVIA REP</name>
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        <name>PERU, REPUBLIC OF</name>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>AZERBAIJAN REP</name>
        <lei>N/A</lei>
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        <cusip>05477LAA4</cusip>
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        <valUSD>722250.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CAMEROON REPUBLIC OF</name>
        <lei>54930021BO6NHYGBBV24</lei>
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        <assetCat>DBT</assetCat>
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        <invCountry>CM</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>QATAR ST</name>
        <lei>52990074F6OJOAXK4P65</lei>
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        <cusip>74727PBB6</cusip>
        <identifiers>
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        <balance>10014000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>QA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>INDONESIA REPUBLIC OF</name>
        <lei>254900G208H6Q0L5B953</lei>
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        <cusip>455780BR6</cusip>
        <identifiers>
          <isin value="US455780BR67"/>
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        <balance>4590000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6592387.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>LEBANON REPUBLIC OF</name>
        <lei>529900QPC4K9S1KHL354</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS0944226637"/>
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        <balance>1200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>940875.00000000</valUSD>
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        <invCountry>LB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-06-19</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>PETKIM PETROKIMYA HLDG AS</name>
        <lei>529900XZCVZOEYWNBQ67</lei>
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        <cusip>71638YAA4</cusip>
        <identifiers>
          <isin value="US71638YAA47"/>
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        <balance>6028000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6039302.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>OMAN SULTANATE</name>
        <lei>549300SZ20F0QTKNQC75</lei>
        <title>OMAN SULTANATE 5.625% 01/17/2028 144A</title>
        <cusip>682051AH0</cusip>
        <identifiers>
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        <balance>1714000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1773990.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>OM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05625000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ODEBRECHT FINANCE LTD</name>
        <lei>N/A</lei>
        <title>ODEBRECHT FIN 7.5% PERP REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="USG6710EAF72"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8977.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INDONESIA REPUBLIC OF</name>
        <lei>254900G208H6Q0L5B953</lei>
        <title>INDONESIA 6.625% 2/17/37 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="USY20721AJ83"/>
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        <balance>314000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>426843.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-02-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06625000</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>
        <name>OSCHADBANK (SSB #1 PLC)</name>
        <lei>213800X3YF17XQS13O34</lei>
        <title>SSB NO.1 PLC STEP 03/10/2023 144A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1273034014"/>
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        <balance>1412600.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1488968.69000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-03-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.09375000</annualizedRt>
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      <invstOrSec>
        <name>ADES INTERNATIONAL HOLDING PLC</name>
        <lei>213800WADXE5U3ZY1K46</lei>
        <title>ADES INTERNATIONAL HOLDING LTD 8.625% 04/24/2024 144A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1979294482"/>
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        <balance>2815000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2925840.63000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-04-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08625000</annualizedRt>
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      <invstOrSec>
        <name>PEMEX PROJ FDG MASTER TR</name>
        <lei>N/A</lei>
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        <identifiers>
          <isin value="US706451AG65"/>
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        <curCd>USD</curCd>
        <valUSD>1322685.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <name>IRSA INVERSIONES Y REPRESNT SA</name>
        <lei>549300QJINFBX83IZ837</lei>
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        <identifiers>
          <isin value="USP5880CAB65"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9687.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-07-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.11500000</annualizedRt>
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      <invstOrSec>
        <name>COSTA RICA REPUBLIC OF</name>
        <lei>N/A</lei>
        <title>COSTA RICA GOVT 4.25 1/23 144A</title>
        <cusip>221597BR7</cusip>
        <identifiers>
          <isin value="US221597BR74"/>
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        <valUSD>2213520.31000000</valUSD>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>CR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CSN RESOURCES SA</name>
        <lei>222100ZEX458NMOXZP08</lei>
        <title>CSN RESOURCES SA 6.5 7/20 144A</title>
        <cusip>12644VAA6</cusip>
        <identifiers>
          <isin value="US12644VAA61"/>
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        <curCd>USD</curCd>
        <valUSD>1434898.44000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>EGYPT, (ARAB) REP OF</name>
        <lei>529900GFIVH4086NMH82</lei>
        <title>EGYPT (ARAB) REP OF GLOBAL MTN BE 144A 8.7002% 03/01/2049 144A</title>
        <cusip>03846JW89</cusip>
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        <curCd>USD</curCd>
        <valUSD>915581.25000000</valUSD>
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        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08700200</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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        <name>BRAZIL, FEDERATIVE REPUBLIC OF</name>
        <lei>254900ZFY40OYEADAP90</lei>
        <title>BRAZILIAN GOVERNMENT INTERNATIONAL BOND 4.75% 01/14/2050</title>
        <cusip>105756CB4</cusip>
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          <isin value="US105756CB40"/>
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        <balance>8420000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8364743.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-01-14</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>BRAZIL, FEDERATIVE REPUBLIC OF</name>
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        <name>COSTA RICA REPUBLIC OF</name>
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        <name>NAK NAFTOGAZ UKRAINE VIA KONDOR FINANCE PLC</name>
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        <name>LAMAR FDG LTD</name>
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        <name>CREDITO REAL S A DE C V SOCIEDAD FINANCIERA DE OBJETO MULTIPLE ENTIDAD NO REGULADA</name>
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        <name>OMAN SULTANATE</name>
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        <name>SAUDI ARABIAN OIL COMPANY</name>
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        <name>EGYPT, (ARAB) REP OF</name>
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        <cusip>038461AM1</cusip>
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        <name>ROMANIA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SINOPEC GROUP OVERSEAS DEVELOPMENT (2018) LIMITED</name>
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        <name>DOMINICAN REPUBLIC</name>
        <lei>254900EHU7Q8FGVPI369</lei>
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        <cusip>25714PDJ4</cusip>
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        <name>INDONESIA REPUBLIC OF</name>
        <lei>254900G208H6Q0L5B953</lei>
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        <name>INDONESIA REPUBLIC OF</name>
        <lei>254900G208H6Q0L5B953</lei>
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        <name>PETROLEOS DE VENEZUELA SA</name>
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        <name>TURKEY REPUBLIC OF</name>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>TR</invCountry>
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        <name>PETROLEOS DE VENEZUELA SA</name>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UKRAINE CABINET OF MINISTERS</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AMERICA MOVIL SAB DE CV</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>VIETNAM SOCIALIST REP</name>
        <lei>5493008AE7RS4XK4BZ08</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>TURKEY REPUBLIC OF</name>
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        <invCountry>TR</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>NIGERIA REPUBLIC OF</name>
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        <curCd>USD</curCd>
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        <invCountry>NG</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>GHANA REP</name>
        <lei>213800PP4399SNNXZ126</lei>
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        <cusip>37443GAA9</cusip>
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        <balance>2385000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2492325.00000000</valUSD>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>GH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07875000</annualizedRt>
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        <name>MEXICO UNITED MEXICAN STATES</name>
        <lei>254900EGTWEU67VP6075</lei>
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        <cusip>91086QAV0</cusip>
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        <balance>17322000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>INDONESIA REPUBLIC OF</name>
        <lei>254900G208H6Q0L5B953</lei>
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        <cusip>455780BW5</cusip>
        <identifiers>
          <isin value="US455780BW52"/>
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        <balance>1590000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2113706.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BUENOS AIRES CITY ARGENTINA</name>
        <lei>5299007MC8RF52X0ON96</lei>
        <title>BUENOS AIRES CITY ARGENTINA 8.95% 02/19/21 144A</title>
        <cusip>11942GAC6</cusip>
        <identifiers>
          <isin value="US11942GAC69"/>
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        <balance>1876000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1885380.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-02-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08950000</annualizedRt>
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        <name>BRAZIL, FEDERATIVE REPUBLIC OF</name>
        <lei>254900ZFY40OYEADAP90</lei>
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        <cusip>105756BY5</cusip>
        <identifiers>
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        <balance>4582000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5186251.25000000</valUSD>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>EGYPT, (ARAB) REP OF</name>
        <lei>529900GFIVH4086NMH82</lei>
        <title>EGYPT (ARAB) REP OF GLOBAL MTN BE 144A 7.903% 02/21/2048 144A</title>
        <cusip>03846JW55</cusip>
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          <isin value="US03846JW552"/>
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        <balance>2635000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>BIZ FINANCE PLC</name>
        <lei>254900R5STMV7BZYC307</lei>
        <title>BIZ FINANCE PLC 9.625% 04/27/2022 144A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1261826512"/>
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        <balance>3907083.33700000</balance>
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        <curCd>USD</curCd>
        <valUSD>4102437.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-04-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.09625000</annualizedRt>
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        <name>EXPORT CREDIT BANK TURKEY INC</name>
        <lei>789000JVRVYLAXGDWR11</lei>
        <title>EXPORT CREDIT BANK TURKEY INC 5.375% 02/08/2021 144A</title>
        <cusip>90015LAA5</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05375000</annualizedRt>
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        <name>OIL AND GAS HOLDING CO BSCC/THE</name>
        <lei>549300OBH16L6TS6IW50</lei>
        <title>OIL AND GAS HOLDING CO BSCC/THE 7.625% 11/07/2024 144A</title>
        <cusip>67778M2C3</cusip>
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        <curCd>USD</curCd>
        <valUSD>1415581.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>0.07625000</annualizedRt>
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        <name>TRANSPORTADORA DE GAS DEL SUR</name>
        <lei>5299002TRC7IFQYSW596</lei>
        <title>TRANSPORTADORA DE GAS DEL SUR 6.75% 05/02/2025 144A</title>
        <cusip>893870AX3</cusip>
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        <valUSD>1264950.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06750000</annualizedRt>
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      <invstOrSec>
        <name>TURKEY REPUBLIC OF</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
        <title>TURKEY REP 5.125% 3/25/22</title>
        <cusip>900123BY5</cusip>
        <identifiers>
          <isin value="US900123BY51"/>
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        <balance>21464000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>21967062.50000000</valUSD>
        <pctVal>1.491829414029</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-03-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05125000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>TELEONICA DEL PERU SA</name>
        <lei>549300L59XR0I8CDIL13</lei>
        <title>TELEFONICA DEL PERU SA 7.375% 04/10/2027</title>
        <cusip>87938YAA7</cusip>
        <identifiers>
          <isin value="US87938YAA73"/>
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        <balance>15380000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>PE</invCountry>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>ALFA BD ISSUANCE PLC</name>
        <lei>253400QWEQNERA6RJS29</lei>
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        <cusip>01538RAF6</cusip>
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          <isin value="US01538RAF64"/>
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        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-15</maturityDt>
          <couponKind>Variable</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>MEXICO UNITED MEXICAN STATES</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>UNITED MEX 5.75 10/12/2110</title>
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        <curCd>USD</curCd>
        <valUSD>8029175.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2110-10-12</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GEORGIAN OIL and GAS CORP JSC</name>
        <lei>5493001K58EJICR6I331</lei>
        <title>GEORGIAN OIL and GAS CORP JSC 6.75% 4/26/21 144A</title>
        <cusip>37363CAB2</cusip>
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          <isin value="US37363CAB28"/>
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        <curCd>USD</curCd>
        <valUSD>2979765.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-04-26</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>YPF SOCIEDAD ANONIMA</name>
        <lei>5493003N7447U18U5U53</lei>
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        <cusip>984245AM2</cusip>
        <identifiers>
          <isin value="US984245AM20"/>
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        <curCd>USD</curCd>
        <valUSD>3017520.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-03-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08500000</annualizedRt>
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      <invstOrSec>
        <name>PETROLEOS MEXICANOS</name>
        <lei>549300CAZKPF4HKMPX17</lei>
        <title>PETROLEOS MEX 3.5% 1/30/23</title>
        <cusip>71654QBG6</cusip>
        <identifiers>
          <isin value="US71654QBG64"/>
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        <balance>7597000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7642107.19000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-01-30</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ALFA BD ISSUANCE PLC</name>
        <lei>253400QWEQNERA6RJS29</lei>
        <title>ALFA BD ISSUANCE PLC 8%/VAR PERP REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1513741311"/>
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        <balance>4985000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5051985.94000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TULLOW OIL PLC</name>
        <lei>2138003EYHWO75RKS857</lei>
        <title>TULLOW OIL PLC 6.25% 04/15/2022 144A</title>
        <cusip>899415AC7</cusip>
        <identifiers>
          <isin value="US899415AC75"/>
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        <balance>5405000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4872945.31000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06250000</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>
      <invstOrSec>
        <name>UKRAINE CABINET OF MINISTERS</name>
        <lei>6354001WLTJXOMEXPY07</lei>
        <title>UKRAINE GOVERNMENT 7.375% 09/25/2032 144A</title>
        <cusip>903724BM3</cusip>
        <identifiers>
          <isin value="US903724BM37"/>
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        <balance>2130000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2271778.13000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>UA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07375000</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>UKRAINE CABINET OF MINISTERS</name>
        <lei>6354001WLTJXOMEXPY07</lei>
        <title>UKRAINE CABINET OF MINISTERS 7.75% 09/01/2022 144A</title>
        <cusip>903724AP7</cusip>
        <identifiers>
          <isin value="US903724AP76"/>
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        <balance>10489000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11275675.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>UA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07750000</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>PEMEX PROJ FDG MASTER TR</name>
        <lei>N/A</lei>
        <title>PEMEX PROJ FDG MASTER TR VAR 12/01/2023</title>
        <cusip>706451BC4</cusip>
        <identifiers>
          <isin value="US706451BC43"/>
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        <balance>320000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>356777.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.08625000</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>SPARC EM SPC</name>
        <lei>N/A</lei>
        <title>SPARC EM SPC 0% 12/05/2022 144A</title>
        <cusip>846502AC6</cusip>
        <identifiers>
          <isin value="US846502AC62"/>
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        <balance>294866.28000000</balance>
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        <curCd>USD</curCd>
        <valUSD>283074.58000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-12-05</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>JAMAICA GOVT OF</name>
        <lei>N/A</lei>
        <title>JAMAICA GOVT OF 6.75% 04/28/2028</title>
        <cusip>470160CA8</cusip>
        <identifiers>
          <isin value="US470160CA80"/>
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        <balance>980000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1163137.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06750000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ESKOM HLDGS LTD</name>
        <lei>3789001900ED06F65111</lei>
        <title>ESKOM HLDGS LTD 5.75 1/21 144A</title>
        <cusip>296464AA8</cusip>
        <identifiers>
          <isin value="US296464AA84"/>
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        <curCd>USD</curCd>
        <valUSD>15371190.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TURKEY REPUBLIC OF</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
        <title>TURKEY REPUBLIC OF 6% 03/25/2027</title>
        <cusip>900123CL2</cusip>
        <identifiers>
          <isin value="US900123CL22"/>
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        <balance>421000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>425867.81000000</valUSD>
        <pctVal>0.028921578633</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SRI LANKA GOVT DEMOCRATIC SOCIALIST REP</name>
        <lei>254900HXCCIOHM74FA02</lei>
        <title>SRI LANKA GOVT DEMOC SOCIA REP 5.75% 04/18/2023 144A</title>
        <cusip>85227SAV8</cusip>
        <identifiers>
          <isin value="US85227SAV88"/>
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        <balance>2309000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2284336.19000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>LK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05750000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AZUL INVESTMENTS LLP</name>
        <lei>549300C6XNC8IDH04C74</lei>
        <title>AZUL INVESTMENTS LLP 5.875% 10/26/2027 144A</title>
        <cusip>05502FAA6</cusip>
        <identifiers>
          <isin value="US05502FAA66"/>
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        <balance>2045000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2119770.31000000</valUSD>
        <pctVal>0.143958059911</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-10-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05875000</annualizedRt>
          <isDefault>N</isDefault>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>RUSSIAN FEDN</name>
        <lei>5493004EHVGF71PDBU58</lei>
        <title>RUSSIAN FEDN 7.25% 05/10/2034</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="RU000A0ZYUB7"/>
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        <balance>222325000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="RUB" exchangeRt="62.06625000"/>
        <valUSD>3853901.99000000</valUSD>
        <pctVal>0.261726589409</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RU</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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      <invstOrSec>
        <name>SRI LANKA GOVT DEMOCRATIC SOCIALIST REP</name>
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        <cusip>85227SAQ9</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TRADE and DEVELOPMENT BANK OF MONGOLIA LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ARGENTINA REPUBLIC OF</name>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>AR</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>PETROLEOS MEXICANOS</name>
        <lei>549300CAZKPF4HKMPX17</lei>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SRI LANKA GOVT DEMOCRATIC SOCIALIST REP</name>
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        <cusip>85227SAJ5</cusip>
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        <invCountry>LK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>PETROLEOS MEXICANOS</name>
        <lei>549300CAZKPF4HKMPX17</lei>
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        <cusip>71654QCW0</cusip>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>NOSTRUM OIL and GAS FINANCE BV</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>SAUDI ARABIA KINGDOM OF</name>
        <lei>54930044PULMORCKB765</lei>
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        <cusip>80413TAC3</cusip>
        <identifiers>
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        <curCd>USD</curCd>
        <valUSD>2570507.50000000</valUSD>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>SA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>PETROBRAS GLOBAL FINANCE BV</name>
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        <cusip>71647NAQ2</cusip>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>MEXICO UNITED MEXICAN STATES</name>
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        <issuerCat>NUSS</issuerCat>
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          <couponKind>Fixed</couponKind>
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        <name>LEBANON REPUBLIC OF</name>
        <lei>529900QPC4K9S1KHL354</lei>
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          <isin value="XS1052421150"/>
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        <name>METINVEST BV</name>
        <lei>635400TMCKVEU87EJ582</lei>
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        <cusip>591555AD9</cusip>
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        <issuerCat>CORP</issuerCat>
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        <name>DOMINICAN REPUBLIC</name>
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        <name>EL SALVADOR REPUBLIC OF</name>
        <lei>529900AKDMUSFSDOM949</lei>
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        <name>RUSSIA FEDN MINISTRY FINANCE</name>
        <lei>5493004EHVGF71PDBU58</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>PETROLEOS MEXICANOS</name>
        <lei>549300CAZKPF4HKMPX17</lei>
        <title>PETROLEOS MX 4.875% 1/24</title>
        <cusip>71654QBH4</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>COSAN OVERSEAS LTD</name>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <lei>5493004EHVGF71PDBU58</lei>
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        <curCd>USD</curCd>
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        <issuerCat>NUSS</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UKRAINE CABINET OF MINISTERS</name>
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          <isin value="US903724AQ59"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>UA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>UST NOTES</name>
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          <isin value="US9128286T26"/>
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        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>PETROLEOS DE VENEZUELA SA</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SAUDI ARABIAN OIL COMPANY</name>
        <lei>5586006WD91QHB7J4X50</lei>
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        <cusip>80414L2D6</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03500000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>THIRD PAKISTAN INTERNATIONAL SUKUK CO LTD/THE</name>
        <lei>529900OMZDJ2H3CXKF72</lei>
        <title>THIRD PAKISTAN INTL SUKUK CO LTD 5.5% 10/13/2021 144A</title>
        <cusip>88429JAA4</cusip>
        <identifiers>
          <isin value="US88429JAA43"/>
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        <balance>1470000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1499400.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PK</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>INDONESIA REPUBLIC OF</name>
        <lei>254900G208H6Q0L5B953</lei>
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        <cusip>455780AZ9</cusip>
        <identifiers>
          <isin value="US455780AZ92"/>
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        <balance>7758000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11656395.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07750000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>EL SALVADOR REPUBLIC OF</name>
        <lei>529900AKDMUSFSDOM949</lei>
        <title>EL SALVADOR GOVT 6.375% 01/18/2027 144A</title>
        <cusip>283875AS1</cusip>
        <identifiers>
          <isin value="US283875AS10"/>
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        <balance>5219000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5576175.31000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>SV</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>INDIKA ENERGY CAPITAL II PTE LTD</name>
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        <cusip>45569EAA5</cusip>
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          <isin value="US45569EAA55"/>
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        <curCd>USD</curCd>
        <valUSD>5270070.31000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>PROVINCE OF SANTA FE</name>
        <lei>N/A</lei>
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        <cusip>74409AAC3</cusip>
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          <isin value="US74409AAC36"/>
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        <balance>7570000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6056000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>KENYA REPUBLIC OF</name>
        <lei>549300VVURQQYU45PR87</lei>
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        <cusip>491798AE4</cusip>
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          <isin value="US491798AE43"/>
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        <balance>3240000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3500212.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>KE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>AKBANK TURK ANONIM SIRKETI</name>
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        <cusip>00972BAB5</cusip>
        <identifiers>
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        <curCd>USD</curCd>
        <valUSD>2461085.94000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
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          <couponKind>Variable</couponKind>
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        <name>RUSSIA FEDN MINISTRY FINANCE</name>
        <lei>5493004EHVGF71PDBU58</lei>
        <title>RUSSIA FEDN MINISTRY FINANCE 5.1% 03/28/2035 144A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="RU000A1006T7"/>
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        <curCd>USD</curCd>
        <valUSD>15774000.00000000</valUSD>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <name>DEVELOPMENT BANK OF THE REPUBLIC OF BELARUS JSC</name>
        <lei>253400D4JRB0M70A0687</lei>
        <title>DEVELOPMENT BANK OF THE REPUBLIC OF BELARUS JSC 6.75% 05/02/2024 144A</title>
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        <curCd>USD</curCd>
        <valUSD>674000.00000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>BY</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ECOBANK TRANSNATIONAL INC</name>
        <lei>213800USCE9Y111R4656</lei>
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        <curCd>USD</curCd>
        <valUSD>1291073.44000000</valUSD>
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      <invstOrSec>
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        <name>EL SALVADOR REPUBLIC OF</name>
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        <name>BANCO MERCANTIL DEL NORTE SA GRAND CAYMAN BRH</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SRI LANKA GOVT DEMOCRATIC SOCIALIST REP</name>
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        <name>SRI LANKA GOVT DEMOCRATIC SOCIALIST REP</name>
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        <name>UKRAINE CABINET OF MINISTERS</name>
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        <name>EGYPT, (ARAB) REP OF</name>
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        <name>CSN RESOURCES SA</name>
        <lei>222100ZEX458NMOXZP08</lei>
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        <name>EGYPT, (ARAB) REP OF</name>
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        <name>NIGERIA REPUBLIC OF</name>
        <lei>549300GSBZD84TNEQ285</lei>
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        <name>NAFTOGAZ OF UKRAINE JSC</name>
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        <name>OIL AND GAS HOLDING CO BSCC/THE</name>
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        <name>JSC Georgian Railway</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-07-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07750000</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>DOMINICAN REPUBLIC</name>
        <lei>254900EHU7Q8FGVPI369</lei>
        <title>DOMINICAN REPUBLIC 6.85% 01/27/45 144A</title>
        <cusip>25714PCW6</cusip>
        <identifiers>
          <isin value="US25714PCW68"/>
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        <balance>2936000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3350710.00000000</valUSD>
        <pctVal>0.227553763088</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>DO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-01-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06850000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COLOMBIA TELECOMUNICACIONES S A ESP</name>
        <lei>549300CK4YN0V1C3MN55</lei>
        <title>COLOMBIA TELECOMUNICACINES SA 8.5% VAR PERP 144A</title>
        <cusip>19533PAB6</cusip>
        <identifiers>
          <isin value="US19533PAB67"/>
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        <balance>2070000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2091993.75000000</valUSD>
        <pctVal>0.142071695303</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANCO MACRO SA</name>
        <lei>579100KKDKKIFEBKK040</lei>
        <title>BANCO MACRO SA 6.75/VAR 11/04/2026 144A</title>
        <cusip>05963GAH1</cusip>
        <identifiers>
          <isin value="US05963GAH11"/>
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        <balance>4820000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3652656.25000000</valUSD>
        <pctVal>0.248059567959</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-04</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.06750000</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>UNITED STATES TREASURY BOND</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UNITED STATES TREASURY BOND 3% 02/15/2048</title>
        <cusip>912810SA7</cusip>
        <identifiers>
          <isin value="US912810SA79"/>
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        <balance>5470000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6142053.12000000</valUSD>
        <pctVal>0.417119744933</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-02-15</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>
      <invstOrSec>
        <name>LEBANON REPUBLIC OF</name>
        <lei>529900QPC4K9S1KHL354</lei>
        <title>LEBANON REP 6% 1/27/23 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS0859367194"/>
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        <balance>3134000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1452413.13000000</valUSD>
        <pctVal>0.098636430276</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>LB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-01-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06000000</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>PETROLEOS DE VENEZUELA SA</name>
        <lei>549300YWR8TN1OFD4P06</lei>
        <title>PETROLEOS DE VENEZUELA SA 6% 05/16/2024 144A</title>
        <cusip>716558AG6</cusip>
        <identifiers>
          <isin value="US716558AG66"/>
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        <balance>8980000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>695950.00000000</valUSD>
        <pctVal>0.047263428175</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-05-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SAUDI ARABIAN OIL COMPANY</name>
        <lei>5586006WD91QHB7J4X50</lei>
        <title>SAUDI ARABIAN OIL CO 2.875% 04/16/2024 144A</title>
        <cusip>80414L2C8</cusip>
        <identifiers>
          <isin value="US80414L2C81"/>
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        <balance>262000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>265602.50000000</valUSD>
        <pctVal>0.018037624372</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-04-16</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BORETS FIN DAC</name>
        <lei>635400LFT9PKEEFTKC04</lei>
        <title>BORETS FIN DAC 6.5% 04/07/2022 144A</title>
        <cusip>09973BAA7</cusip>
        <identifiers>
          <isin value="US09973BAA70"/>
        </identifiers>
        <balance>1930000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2000565.63000000</valUSD>
        <pctVal>0.135862619388</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-04-07</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VEDANTA RESOURCES FINANCE II PLC</name>
        <lei>8945002DGA3BBXO3N634</lei>
        <title>VEDANTA RESOURCES FINANCE II PLC 9.25% 04/23/2026</title>
        <cusip>92243XAA9</cusip>
        <identifiers>
          <isin value="US92243XAA90"/>
        </identifiers>
        <balance>1755000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1748821.35000000</valUSD>
        <pctVal>0.118766135882</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.09250000</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>JORDAN KINGDOM OF</name>
        <lei>5493000JZ4MYPVMBVN50</lei>
        <title>JORDAN KINGDOM OF 7.375% 10/10/2047 144A</title>
        <cusip>418097AJ0</cusip>
        <identifiers>
          <isin value="US418097AJ07"/>
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        <balance>845000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>898604.69000000</valUSD>
        <pctVal>0.061026134383</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-10-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07375000</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 8.5% 10/12/35 144A</title>
        <cusip>455780AT3</cusip>
        <identifiers>
          <isin value="US455780AT33"/>
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        <balance>739000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1162602.93000000</valUSD>
        <pctVal>0.078954810084</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-10-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08500000</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>TURKEY REPUBLIC OF</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
        <title>TURKEY REP 7.25% 3/05/38</title>
        <cusip>900123BB5</cusip>
        <identifiers>
          <isin value="US900123BB58"/>
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        <balance>1917000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2033218.13000000</valUSD>
        <pctVal>0.138080119336</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-03-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07250000</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>BARBADOS GOVT OF</name>
        <lei>529900UD1KUUS4SFD905</lei>
        <title>BARBADOS GOVT OF 6.5% 02/01/2021 144A</title>
        <cusip>067070AJ1</cusip>
        <identifiers>
          <isin value="US067070AJ11"/>
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        <balance>355000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>343018.75000000</valUSD>
        <pctVal>0.023295124726</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-02-01</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>MENDOZA PROVINCE OF</name>
        <lei>529900FD2SD2M48A6753</lei>
        <title>MENDOZA PROVINCE OF 8.375% 05/19/2024 144A</title>
        <cusip>586805AH6</cusip>
        <identifiers>
          <isin value="US586805AH63"/>
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        <balance>465000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>316200.00000000</valUSD>
        <pctVal>0.021473807010</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-05-19</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>BANCO DE RESERVAS DE LA REPUBLICA DOMINICANA</name>
        <lei>549300CKQT0JZ2EGNC56</lei>
        <title>BANCO DE RESERVAS 7% 02/01/2023 144A</title>
        <cusip>059566AA7</cusip>
        <identifiers>
          <isin value="US059566AA75"/>
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        <balance>1220000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1282525.00000000</valUSD>
        <pctVal>0.087098970070</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07000000</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>BRAZILIAN GOVERNMENT INTERNATIONAL BOND</name>
        <lei>254900ZFY40OYEADAP90</lei>
        <title>BRAZIL GOVT 10% 1/01/23</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRSTNCNTF147"/>
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        <balance>10435000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="BRL" exchangeRt="4.02270000"/>
        <valUSD>2884145.08000000</valUSD>
        <pctVal>0.195868358123</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.10000000</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>ARGENTINA REPUBLIC OF</name>
        <lei>549300KPBYGYF7HCHO27</lei>
        <title>ARGENTINA REPUBLIC 7.5% 04/22/2026</title>
        <cusip>040114GX2</cusip>
        <identifiers>
          <isin value="US040114GX20"/>
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        <balance>44049000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>22754061.56000000</valUSD>
        <pctVal>1.545276175357</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>SRI LANKA GOVT DEMOCRATIC SOCIALIST REP</name>
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      <invstOrSec>
        <name>YPF SOCIEDAD ANONIMA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>RUSSIAN FEDN</name>
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        <cusip>N/A</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>IRAQ REP</name>
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          <isin value="XS0240295575"/>
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        <invCountry>IQ</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>JORDAN KINGDOM OF</name>
        <lei>5493000JZ4MYPVMBVN50</lei>
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          <isin value="US418097AG67"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>JO</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>FIRST QUANTUM MINERALS LTD</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <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>UKRAINE RAILWAYS VIA SHORTLINE PLC</name>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1374118906"/>
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        <balance>2131600.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2211535.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BELARUS REPUBLIC OF</name>
        <lei>635400CVCOWYLHF4ZB08</lei>
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        <cusip>07737JAB9</cusip>
        <identifiers>
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        <balance>5490000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5862290.63000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-02-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06875000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EGYPT, (ARAB) REP OF</name>
        <lei>529900GFIVH4086NMH82</lei>
        <title>EGYPT (ARAB) REP OF GLOBAL MTN BE 144A 5.577% 02/21/2023 144A</title>
        <cusip>03846JW30</cusip>
        <identifiers>
          <isin value="US03846JW305"/>
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        <balance>1407000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1469963.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-02-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05577000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>RWANDA REP</name>
        <lei>213800AKFASSQE52AZ88</lei>
        <title>RWANDA INTERNATIONAL GOVERNMENT BOND 6.625% 05/02/2023 144A</title>
        <cusip>78347YAA1</cusip>
        <identifiers>
          <isin value="US78347YAA10"/>
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        <balance>3999000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4271431.88000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-05-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06625000</annualizedRt>
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      <invstOrSec>
        <name>DOMINICAN REPUBLIC</name>
        <lei>254900EHU7Q8FGVPI369</lei>
        <title>DOMINICAN REPUBLIC 6.4% 06/05/2049 144A</title>
        <cusip>25714PEB0</cusip>
        <identifiers>
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        <balance>2767000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>DO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-06-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06400000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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        <name>OOREDOO INTERNATIONAL FINANCE LTD</name>
        <lei>549300BHXCDJ03WU7N77</lei>
        <title>QTEL INTERNATIONAL FIN LTD 3.25% 02/21/2023 144A</title>
        <cusip>74735K2A9</cusip>
        <identifiers>
          <isin value="US74735K2A99"/>
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        <curCd>USD</curCd>
        <valUSD>1739925.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-02-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03250000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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        <name>SAUDI ARABIA KINGDOM OF</name>
        <lei>54930044PULMORCKB765</lei>
        <title>SAUDI ARABIA KINGDOM OF 4.625% 10/04/2047 144A</title>
        <cusip>80413TAF6</cusip>
        <identifiers>
          <isin value="US80413TAF66"/>
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        <balance>2330000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2622415.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04625000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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        <name>EMIRATE OF ABU DHABI</name>
        <lei>213800FER4348CINTA77</lei>
        <title>EMIRATE OF ABU DHABI 3.125% 09/30/2049 144A</title>
        <cusip>29135LAF7</cusip>
        <identifiers>
          <isin value="US29135LAF76"/>
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        <balance>3652000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3561841.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03125000</annualizedRt>
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        <name>CIMPOR FINANCIAL OPERATIONS BV</name>
        <lei>213800IVMAMWIHPCZJ07</lei>
        <title>CIMPOR FINANCIAL OPERATIONS BV 5.75% 07/17/24 144A</title>
        <cusip>17186LAA1</cusip>
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          <isin value="US17186LAA17"/>
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        <balance>4277000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3548573.44000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-07-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05750000</annualizedRt>
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        <name>CITGO HLDG INC</name>
        <lei>549300NYHOALWZ2BSL72</lei>
        <title>CITGO HLDG INC 9.25% 08/01/2024 144A</title>
        <cusip>17302WAB4</cusip>
        <identifiers>
          <isin value="US17302WAB46"/>
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        <balance>2682000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2876445.00000000</valUSD>
        <pctVal>0.195345429496</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.09250000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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        <name>RUSSIAN FEDN</name>
        <lei>5493004EHVGF71PDBU58</lei>
        <title>RUSSIAN FEDN 8.15% 2/03/27</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="RU000A0JS3W6"/>
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        <balance>250340000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08150000</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>EL SALVADOR REPUBLIC OF</name>
        <lei>529900AKDMUSFSDOM949</lei>
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          <isin value="US283875AM40"/>
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        <curCd>USD</curCd>
        <valUSD>2931562.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>SV</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-21</maturityDt>
          <couponKind>Fixed</couponKind>
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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>
        <name>BANCO DO BRASIL SA GRAND CAYMAN BRANCH</name>
        <lei>QE0Q0253K88YAGNPE356</lei>
        <title>BANCO DO BRASIL GR CAYMAN BRH 9.0% PERP 144A</title>
        <cusip>05958AAL2</cusip>
        <identifiers>
          <isin value="US05958AAL26"/>
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        <balance>660000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>752400.00000000</valUSD>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>VEDANTA RESOURCES PLC</name>
        <lei>2138007MYEKPEAZQTW83</lei>
        <title>VEDANTA RESOURCES PLC 6.375% 07/30/2022 144A</title>
        <cusip>92241TAK8</cusip>
        <identifiers>
          <isin value="US92241TAK88"/>
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        <balance>9670000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9467534.38000000</valUSD>
        <pctVal>0.642960171229</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-07-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06375000</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 7.6% 7/20/22</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="RU000A0JSMA2"/>
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        <balance>199690000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="RUB" exchangeRt="62.06625000"/>
        <valUSD>3364756.19000000</valUSD>
        <pctVal>0.228507669392</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-07-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07600000</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>ARGENTINA REPUBLIC OF</name>
        <lei>549300KPBYGYF7HCHO27</lei>
        <title>ARGENTINA REPUBLIC 6.875% 04/22/2021</title>
        <cusip>040114GW4</cusip>
        <identifiers>
          <isin value="US040114GW47"/>
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        <balance>43274000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>23192159.38000000</valUSD>
        <pctVal>1.575028319691</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-04-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06875000</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>YPF SOCIEDAD ANONIMA</name>
        <lei>5493003N7447U18U5U53</lei>
        <title>YPF SOCIEDAD ANONIMA 8.75% 04/04/2024 144A</title>
        <cusip>984245AK6</cusip>
        <identifiers>
          <isin value="US984245AK63"/>
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        <balance>11738000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11400532.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-04-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08750000</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>TURKEY REPUBLIC OF</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
        <title>TURKEY GOVT 6% 1/14/41</title>
        <cusip>900123BJ8</cusip>
        <identifiers>
          <isin value="US900123BJ84"/>
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        <balance>2392000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2228297.50000000</valUSD>
        <pctVal>0.151328369631</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-01-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06000000</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>TURKIYE VAKIFLAR BANKASI TAO</name>
        <lei>789000KAIHOLSQKQ9858</lei>
        <title>TURKIYE VAKIFLAR BANKASI TAO 5.75% 01/30/2023 144A</title>
        <cusip>90015WAG8</cusip>
        <identifiers>
          <isin value="US90015WAG87"/>
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        <balance>6995000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6890075.00000000</valUSD>
        <pctVal>0.467919483994</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-01-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05750000</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>MONGOLIA GOVERNMENT OF</name>
        <lei>N/A</lei>
        <title>MONGOLIA GOVT 8.75% 03/09/2024 144A</title>
        <cusip>60937LAA3</cusip>
        <identifiers>
          <isin value="US60937LAA35"/>
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        <balance>1160000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1320225.00000000</valUSD>
        <pctVal>0.089659256358</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08750000</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>TURKEY REPUBLIC OF</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
        <title>TURKEY REP GLB 6.875% 3/17/36</title>
        <cusip>900123AY6</cusip>
        <identifiers>
          <isin value="US900123AY60"/>
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        <balance>4341000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4487508.75000000</valUSD>
        <pctVal>0.304756157040</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-03-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06875000</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>GUATEMALA, REP OF</name>
        <lei>529900QKDFFU9UWW5315</lei>
        <title>GUATEMALA GOVT 4.9% 06/01/2030 144A</title>
        <cusip>401494AQ2</cusip>
        <identifiers>
          <isin value="US401494AQ29"/>
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        <balance>1370000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1470181.25000000</valUSD>
        <pctVal>0.099843100674</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04900000</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>TC ZIRAAT BANKASI AS</name>
        <lei>213800K5KTZFSUS8MR51</lei>
        <title>TC ZIRAAT BANKASI AS 5.125% 05/03/2022 144A</title>
        <cusip>90015JAA0</cusip>
        <identifiers>
          <isin value="US90015JAA07"/>
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        <balance>3837000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3821412.19000000</valUSD>
        <pctVal>0.259520138761</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-05-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05125000</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>AEROPUERTOS ARGENTINA 2000 SA</name>
        <lei>549300349K24AVAQ7B24</lei>
        <title>AEROPUERTOS ARGENTINA 2000 SA 6.875% 2/1/27 144A</title>
        <cusip>00786PAC8</cusip>
        <identifiers>
          <isin value="US00786PAC86"/>
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        <balance>6787812.50000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6505694.04000000</valUSD>
        <pctVal>0.441815364596</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06875000</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>OMAN SOVEREIGN SUKUK SAOC</name>
        <lei>549300KM6RUZQLK8LU36</lei>
        <title>OMAN SOVEREIGN SUKUK SAOC MTN BE 144A 4.397% 06/01/2024 144A</title>
        <cusip>68204LAA2</cusip>
        <identifiers>
          <isin value="US68204LAA26"/>
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        <balance>334000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>337757.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>OM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04397000</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>ESKOM HLDGS LTD</name>
        <lei>3789001900ED06F65111</lei>
        <title>ESKOM HLDGS LTD 7.125% 02/11/2025 144A</title>
        <cusip>29646AAB2</cusip>
        <identifiers>
          <isin value="US29646AAB26"/>
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        <balance>3070000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3135237.50000000</valUSD>
        <pctVal>0.212920572446</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-02-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07125000</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>
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        <name>PROVINCE CORDOBA</name>
        <lei>5299006CLM2Z97AATT29</lei>
        <title>PROVINCE CORDOBA 7.125% 06/10/2021 144A</title>
        <cusip>74408DAC8</cusip>
        <identifiers>
          <isin value="US74408DAC83"/>
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        <balance>10320000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7817400.00000000</valUSD>
        <pctVal>0.530896075032</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-06-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07125000</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>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2020-01-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Stacie M. Smith</ncom:nameOfApplicant>
      <ncom:signature>Stacie M. Smith</ncom:signature>
      <ncom:signerName>Stacie M. Smith</ncom:signerName>
      <ncom:title>President and Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
