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        <fairValLevel>2</fairValLevel>
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        <name>JORDAN KINGDOM OF</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>BAIDU INC</name>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>TURKEY REPUBLIC OF</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
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        <cusip>900123CB4</cusip>
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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>PROVINCE CORDOBA</name>
        <lei>5299006CLM2Z97AATT29</lei>
        <title>PROVINCE CORDOBA STEP 06/01/2027 144A</title>
        <cusip>74408DAD6</cusip>
        <identifiers>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DP WORLD CRESCENT LTD</name>
        <lei>21380096JRTWB8TL9236</lei>
        <title>DP WORLD CRESCENT LTD 3.7495% 01/30/2030 144A</title>
        <cusip>26139PAC7</cusip>
        <identifiers>
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        <curCd>USD</curCd>
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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>0.03749500</annualizedRt>
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      <invstOrSec>
        <name>REPUBLIC OF COLOMBIA</name>
        <lei>549300MHDRBVRF6B9117</lei>
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        <cusip>195325BK0</cusip>
        <identifiers>
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        <balance>845000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1110805.31000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07375000</annualizedRt>
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      <invstOrSec>
        <name>OMAN SULTANATE</name>
        <lei>549300SZ20F0QTKNQC75</lei>
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        <cusip>682051AJ6</cusip>
        <identifiers>
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        <balance>5980000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5943746.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>OM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06750000</annualizedRt>
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      <invstOrSec>
        <name>LEBANON REPUBLIC OF</name>
        <lei>529900QPC4K9S1KHL354</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1052421150"/>
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        <balance>5875000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>722625.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>LB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05800000</annualizedRt>
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        <name>LENOVO GROUP LTD</name>
        <lei>254900VUZRGD5U73RE46</lei>
        <title>LENOVO GROUP LTD 3.421% 11/02/2030 144A</title>
        <cusip>526250AB1</cusip>
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          <isin value="US526250AB16"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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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>
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        <curCd>USD</curCd>
        <valUSD>8227386.00000000</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>PETROLEOS MEXICANOS</name>
        <lei>549300CAZKPF4HKMPX17</lei>
        <title>PETROLEOS MEXICANOS 6.75% 09/21/2047</title>
        <cusip>71654QCC4</cusip>
        <identifiers>
          <isin value="US71654QCC42"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06750000</annualizedRt>
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        <name>PERU, REPUBLIC OF</name>
        <lei>254900STKLK2DBJJZ530</lei>
        <title>PERU 7.35% 7/21/25</title>
        <cusip>715638AS1</cusip>
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          <isin value="US715638AS19"/>
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        <curCd>USD</curCd>
        <valUSD>1322865.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07350000</annualizedRt>
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        <name>RUSSIA FEDN MINISTRY FINANCE</name>
        <lei>5493004EHVGF71PDBU58</lei>
        <title>RUSSIA FEDN MINISTRY FINANCE 5.1% 03/28/2035 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="RU000A1006S9"/>
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        <balance>4600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5470550.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-03-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05100000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>IHS NETHERLANDS HOLDCO BV</name>
        <lei>5493006Z6YQYCCN2XI74</lei>
        <title>IHS NETHERLANDS HOLDCO BV 7.125% 03/18/2025 144A</title>
        <cusip>44963LAB2</cusip>
        <identifiers>
          <isin value="US44963LAB27"/>
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        <balance>4125000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4284328.13000000</valUSD>
        <pctVal>0.283594895956</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>OEC FIN LTD</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <issuerCat>NUSS</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>PETROLEOS MEXICANOS</name>
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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>PROVINCE CORDOBA</name>
        <lei>5299006CLM2Z97AATT29</lei>
        <title>PROVINCE CORDOBA STEP 12/10/2025 144A</title>
        <cusip>74408DAC8</cusip>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>AR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>REPUBLIC OF COLOMBIA</name>
        <lei>549300MHDRBVRF6B9117</lei>
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        <curCd>USD</curCd>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>VENEZUELA, REPUBLIC OF</name>
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        <identifiers>
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        <curCd>USD</curCd>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>VE</invCountry>
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        <name>PETROLEOS DE VENEZUELA SA</name>
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        <name>UKRAINE CABINET OF MINISTERS</name>
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        <invCountry>UA</invCountry>
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        <name>ENFRAGEN ENERGIA SUR SA</name>
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        <issuerCat>CORP</issuerCat>
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        <name>PETROLEOS MEXICANOS</name>
        <lei>549300CAZKPF4HKMPX17</lei>
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        <invCountry>MX</invCountry>
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        <name>SAUDI ARABIAN OIL COMPANY</name>
        <lei>5586006WD91QHB7J4X50</lei>
        <title>SAUDI ARABIAN OIL CO 4.375% 04/16/2049 144A</title>
        <cusip>80414L2F1</cusip>
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        <name>RUSSIAN FEDERATION</name>
        <lei>5493004EHVGF71PDBU58</lei>
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        <valUSD>5030750.00000000</valUSD>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>RU</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>NBM US HOLDINGS INC</name>
        <lei>5493008K1QMSP0J8UC24</lei>
        <title>NBM US HOLDINGS INC 6.625% 08/06/2029 144A</title>
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        <curCd>USD</curCd>
        <valUSD>1925970.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PARAGUAY REPUBLIC OF</name>
        <lei>529900UXKJTJPCU0HK83</lei>
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        <cusip>699149AF7</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CHINA PEOPLES REPUBLIC OF</name>
        <lei>300300CHN201808MOF68</lei>
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        <identifiers>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SAUDI ARABIAN OIL COMPANY</name>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>VENEZUELA, REPUBLIC OF</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>EL SALVADOR REPUBLIC OF</name>
        <lei>529900AKDMUSFSDOM949</lei>
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        <identifiers>
          <isin value="US283875AS10"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>EMIRATE OF ABU DHABI</name>
        <lei>213800FER4348CINTA77</lei>
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        <curCd>USD</curCd>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-02</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>DOMINICAN REPUBLIC</name>
        <lei>254900EHU7Q8FGVPI369</lei>
        <title>DOMINICAN REPUBLIC 6.875% 01/29/2026 144A</title>
        <cusip>25714PDJ4</cusip>
        <identifiers>
          <isin value="US25714PDJ49"/>
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        <balance>4946000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5724376.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>DO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-01-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06875000</annualizedRt>
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        <name>IVORY COAST (COTE D'IVOIRE)</name>
        <lei>254900ICW11T82O6H590</lei>
        <title>IVORY COAST (COTE D'IVOIRE) 4.875% 01/30/2032 144A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2264968665"/>
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        <balance>1015000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84334809"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-01-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04875000</annualizedRt>
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      <invstOrSec>
        <name>ROMANIA, REPUBLIC OF</name>
        <lei>315700IASY927EDWBK92</lei>
        <title>ROMANIA REPUBLIC OF 4% 02/14/2051 144A</title>
        <cusip>77586RAJ9</cusip>
        <identifiers>
          <isin value="US77586RAJ95"/>
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        <balance>1500000.00000000</balance>
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        <valUSD>1578093.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-02-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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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>
          <isin value="US682051AH04"/>
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        <balance>1535000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1607432.81000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>OM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05625000</annualizedRt>
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        <name>GEORGIA REPUBLIC OF</name>
        <lei>254900MHQHBC58M2GR84</lei>
        <title>GEORGIA REPUBLIC OF 2.75% 04/22/2026 144A</title>
        <cusip>37311PAB6</cusip>
        <identifiers>
          <isin value="US37311PAB67"/>
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        <balance>2915000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2957814.06000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>ANTOFAGASTA PLC</name>
        <lei>213800MY6QVH4FVLD628</lei>
        <title>ANTOFAGASTA PLC 2.375% 10/14/2030 144A</title>
        <cusip>03718NAA4</cusip>
        <identifiers>
          <isin value="US03718NAA46"/>
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        <balance>4840000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4651240.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02375000</annualizedRt>
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        <name>SOUTHERN GAS CORRIDOR CJSC</name>
        <lei>213800DG58KG59XY6318</lei>
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        <cusip>84302LAA0</cusip>
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          <isin value="US84302LAA08"/>
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        <curCd>USD</curCd>
        <valUSD>9794536.31000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06875000</annualizedRt>
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        <name>ECUADOR REPUBLIC OF</name>
        <lei>5299003Y2U5XK0A35H71</lei>
        <title>ECUADOR REP OF STEP 07/31/2035 144A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2214238524"/>
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        <balance>5940000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4068900.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>EC</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.00500000</annualizedRt>
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      <invstOrSec>
        <name>ENERGEAN ISRAEL FINANCE LTD</name>
        <lei>98450044QACBL3F8EB03</lei>
        <title>ENERGEAN ISRAEL FINANCE LTD 4.875% 03/30/2026 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011736654"/>
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        <balance>3470000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3552481.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04875000</annualizedRt>
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        <name>AXTEL SAB DE CV</name>
        <lei>549300BVRDR8XTSXAD13</lei>
        <title>AXTEL SAB DE CV 6.375% 11/14/2024 144A</title>
        <cusip>05462GAJ3</cusip>
        <identifiers>
          <isin value="US05462GAJ31"/>
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        <balance>130000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>135549.38000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06375000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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        <name>ECUADOR REPUBLIC OF</name>
        <lei>5299003Y2U5XK0A35H71</lei>
        <title>ECUADOR REP OF STEP 07/31/2030 144A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2214238102"/>
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        <balance>6690000.00000000</balance>
        <units>PA</units>
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      <invstOrSec>
        <name>BRAZIL, FEDERATIVE REPUBLIC OF</name>
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        <name>CHILE REPUBLIC OF</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DOMINICAN REPUBLIC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ADES INTERNATIONAL HOLDING PLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF COLOMBIA</name>
        <lei>549300MHDRBVRF6B9117</lei>
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        <cusip>195325DZ5</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>BANCO MERCANTIL DEL NORTE SA CAYMAN ISLANDS BRANCH</name>
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        <cusip>05962GAJ8</cusip>
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        <assetCat>EP</assetCat>
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        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>OMAN SULTANATE</name>
        <lei>549300SZ20F0QTKNQC75</lei>
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        <cusip>682051AD9</cusip>
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        <balance>670000.00000000</balance>
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        <invCountry>OM</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>INDONESIA REPUBLIC OF</name>
        <lei>254900G208H6Q0L5B953</lei>
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        <cusip>455780BJ4</cusip>
        <identifiers>
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        <fairValLevel>2</fairValLevel>
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        <name>UKRAINE CABINET OF MINISTERS</name>
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        <cusip>90372UAR5</cusip>
        <identifiers>
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        <invCountry>UA</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>EGYPT, (ARAB) REPUBLIC OF</name>
        <lei>529900GFIVH4086NMH82</lei>
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        <cusip>N/A</cusip>
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          <isin value="EGT998067L11"/>
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        <invCountry>EG</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>TURKEY REPUBLIC OF</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
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        <cusip>900123CX6</cusip>
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          <isin value="US900123CX69"/>
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        <invCountry>TR</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>BARBADOS GOVT OF</name>
        <lei>529900UD1KUUS4SFD905</lei>
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        <cusip>067070AH5</cusip>
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        <invCountry>BB</invCountry>
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        <name>NIGERIA REPUBLIC OF</name>
        <lei>549300GSBZD84TNEQ285</lei>
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        <cusip>65412JAD5</cusip>
        <identifiers>
          <isin value="US65412JAD54"/>
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        <name>GEOPARK LTD</name>
        <lei>529900ZR5QI19AH4KZ07</lei>
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        <cusip>37255BAA7</cusip>
        <identifiers>
          <isin value="US37255BAA70"/>
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        <issuerCat>CORP</issuerCat>
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        <name>PETROLEOS DE VENEZUELA SA</name>
        <lei>549300YWR8TN1OFD4P06</lei>
        <title>PETROLEOS DE VENEZUELA SA 5.5% 04/12/2037 REGS</title>
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        <curCd>USD</curCd>
        <valUSD>139000.00000000</valUSD>
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        <name>UZBEKISTAN REPUBLIC OF</name>
        <lei>213800L6VDKUM3TCM927</lei>
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        <cusip>91822Q2B2</cusip>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>UZ</invCountry>
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        <name>ITAU UNIBANCO HOLDING SA CAYMAN ISLANDS BRANCH</name>
        <lei>BZO2P8KHO2O10H5QQ663</lei>
        <title>ITAU UNIBANCO HLDG SA KY BRH 6.125/VAR PERP 144A</title>
        <cusip>46556UAB0</cusip>
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        <name>OIL AND GAS HOLDING CO BSCC/THE</name>
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        <name>UKRAINE CABINET OF MINISTERS</name>
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        <name>MILLICOM INTL CELLULAR SA</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>HTA GROUP LTD/MAURITIUS</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>RUSSIAN FEDERATION</name>
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        <name>QATAR ST</name>
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        <fairValLevel>2</fairValLevel>
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        <name>INDONESIA REPUBLIC OF</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CABLE ONDA SA</name>
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        <name>VEON HOLDINGS BV</name>
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        <name>THIRD PAKISTAN INTERNATIONAL SUKUK CO LTD/THE</name>
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        <name>PETRONAS CAP LTD</name>
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        <name>ARGENTINA REPUBLIC OF</name>
        <lei>549300KPBYGYF7HCHO27</lei>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>CORPORACION NACIONAL DEL COBRE DE CHILE</name>
        <lei>549300UVMBCBCIPSUI70</lei>
        <title>CORPORACION NACIONAL DEL COBRE DE CHILE 3.15% 01/15/2051 144A</title>
        <cusip>21987BBD9</cusip>
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          <isin value="US21987BBD91"/>
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        <balance>1140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1101810.00000000</valUSD>
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        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>SAUDI ARABIA KINGDOM OF</name>
        <lei>54930044PULMORCKB765</lei>
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        <cusip>80413TAF6</cusip>
        <identifiers>
          <isin value="US80413TAF66"/>
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        <balance>3040000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3636600.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-10-04</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EGYPT, (ARAB) REPUBLIC OF</name>
        <lei>529900GFIVH4086NMH82</lei>
        <title>EGYPT (ARAB) REP OF 0% 09/14/2021</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="EGT9980E9L15"/>
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        <balance>27150000.00000000</balance>
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        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-09-14</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>WYNN MACAU LIMITED</name>
        <lei>254900NMDQ8ENTHU1I31</lei>
        <title>WYNN MACAU LIMITED 5.5% 01/15/2026 144A</title>
        <cusip>98313RAG1</cusip>
        <identifiers>
          <isin value="US98313RAG11"/>
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        <balance>2115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2209249.69000000</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>2026-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <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>4735000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4830587.81000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PARAGUAY REPUBLIC OF</name>
        <lei>529900UXKJTJPCU0HK83</lei>
        <title>PARAGUAY REP 2.739% 01/29/2033 144A</title>
        <cusip>699149AK6</cusip>
        <identifiers>
          <isin value="US699149AK64"/>
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        <balance>1305000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1266502.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02739000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DEVELOPMENT BANK OF MONGOLIA</name>
        <lei>254900HRWK3OKXS9UW60</lei>
        <title>DEVELOPMENT BANK OF MONGOLIA 7.25% 10/23/2023 144A</title>
        <cusip>25161AAA7</cusip>
        <identifiers>
          <isin value="US25161AAA79"/>
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        <balance>720000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>776160.00000000</valUSD>
        <pctVal>0.051376787156</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-10-23</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>
        <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>1587000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>197680.69000000</valUSD>
        <pctVal>0.013085186991</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>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>KAZMUAIGAZ NATIONAL CO JSC</name>
        <lei>2138001H1M69RFJCSH88</lei>
        <title>KAZMUNAIGAZ FINANCE SUB BV 5.75% 04/19/2047 144A</title>
        <cusip>48667QAP0</cusip>
        <identifiers>
          <isin value="US48667QAP00"/>
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        <balance>1010000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1254925.00000000</valUSD>
        <pctVal>0.083067942979</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-04-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05750000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OCP SA</name>
        <lei>213800D26TAPVTCVWG40</lei>
        <title>OCP SA 4.5% 10/22/2025 144A</title>
        <cusip>67091TAC9</cusip>
        <identifiers>
          <isin value="US67091TAC99"/>
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        <balance>1360000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1467100.00000000</valUSD>
        <pctVal>0.097112559830</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TURKEY REPUBLIC OF</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
        <title>TURKEY REPUBLIC OF 7.25% 12/23/2023</title>
        <cusip>900123CR9</cusip>
        <identifiers>
          <isin value="US900123CR91"/>
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        <balance>1613000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1740326.19000000</valUSD>
        <pctVal>0.115198371788</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07250000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>REPUBLIC OF ARMENIA</name>
        <lei>5299000H77JSW90G7935</lei>
        <title>REPUBLIC OF ARMENIA 7.15% 03/26/2025 144A</title>
        <cusip>042207AB6</cusip>
        <identifiers>
          <isin value="US042207AB67"/>
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        <balance>680000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>768952.50000000</valUSD>
        <pctVal>0.050899697132</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-03-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07150000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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        <name>B2W DIGITAL LUX SARL</name>
        <lei>222100KMO43GQ28M6N31</lei>
        <title>B2W DIGITAL LUX SARL 4.375% 12/20/2030 144A</title>
        <cusip>05609AAA9</cusip>
        <identifiers>
          <isin value="US05609AAA97"/>
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        <balance>4480000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4469360.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04375000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>COSTA RICA REPUBLIC OF</name>
        <lei>549300S1EK2VN6XVJP58</lei>
        <title>COSTA RICA REPUBLIC OF 6.125% 02/19/2031 144A</title>
        <cusip>221597CP0</cusip>
        <identifiers>
          <isin value="US221597CP00"/>
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        <balance>2535000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2680445.63000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06125000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>MEXICO UNITED MEXICAN STATES</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>MEXICO UNITED MEXICAN STATES 3.75% 01/11/2028</title>
        <cusip>91087BAE0</cusip>
        <identifiers>
          <isin value="US91087BAE02"/>
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        <balance>3415000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3729393.44000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03750000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>QATAR ST</name>
        <lei>52990074F6OJOAXK4P65</lei>
        <title>QATAR ST 4.817% 03/14/2049 144A</title>
        <cusip>74727PBB6</cusip>
        <identifiers>
          <isin value="US74727PBB67"/>
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        <balance>10449000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>13448516.06000000</valUSD>
        <pctVal>0.890205044310</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>QA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-03-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04817000</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>TINKOFF CREDIT SYSTEMS VIA TCS FINANCE LTD</name>
        <lei>2534000KL0PLD6KG7T76</lei>
        <title>TINKOFF CREDIT SYSTEMS VIA TCS FINANCE LTD 9.25/VAR PERP REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1631338495"/>
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        <balance>4530000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4755933.75000000</valUSD>
        <pctVal>0.314812146988</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
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        <name>CORPORACION NACIONAL DEL COBRE DE CHILE</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ODEBRECHT HOLDCO FINANCE LTD</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <assetCat>EP</assetCat>
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        <fairValLevel>2</fairValLevel>
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        <name>NATIONAL BANK OF UZBEKISTAN</name>
        <lei>253400TZJ7T1YULTGN68</lei>
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          <isin value="XS2242418957"/>
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        <fairValLevel>2</fairValLevel>
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        <name>PETROLEOS MEXICANOS</name>
        <lei>549300CAZKPF4HKMPX17</lei>
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        <cusip>71654QDF6</cusip>
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          <isin value="US71654QDF63"/>
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        <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>QNB FINANCE LTD</name>
        <lei>549300MY0DXTHQEX5O57</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2162033729"/>
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        <balance>3305000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3453725.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-05-12</maturityDt>
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      <invstOrSec>
        <name>BANK OF GEORGIA JSC</name>
        <lei>549300RPLD8RXL49Z691</lei>
        <title>GEORGIA BK JT STK CO 6% 07/26/2023 144A</title>
        <cusip>47973XAA9</cusip>
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          <isin value="US47973XAA90"/>
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        <valUSD>4773201.56000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06000000</annualizedRt>
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      <invstOrSec>
        <name>BERMUDA GOVERNMENT OF</name>
        <lei>549300FP5PUZXX9FVJ40</lei>
        <title>BERMUDA GOVERNMENT OF 2.375% 08/20/2030 144A</title>
        <cusip>085209AG9</cusip>
        <identifiers>
          <isin value="US085209AG93"/>
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        <balance>525000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>524114.06000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-08-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02375000</annualizedRt>
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      <invstOrSec>
        <name>ISRAEL, STATE OF</name>
        <lei>213800T8ZHTFZIBYPE21</lei>
        <title>ISRAEL STATE OF 3.375% 01/15/2050</title>
        <cusip>46513JXN6</cusip>
        <identifiers>
          <isin value="US46513JXN61"/>
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        <balance>3230000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3450479.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03375000</annualizedRt>
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      <invstOrSec>
        <name>SRI LANKA GOVT DEMOCRATIC SOCIALIST REP</name>
        <lei>254900HXCCIOHM74FA02</lei>
        <title>SRI LANKA GOVT DEMOC SOCIA REP 7.55% 03/28/2030 144A</title>
        <cusip>85227SBB1</cusip>
        <identifiers>
          <isin value="US85227SBB16"/>
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        <balance>1385000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>875839.38000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>LK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-03-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07550000</annualizedRt>
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      <invstOrSec>
        <name>KAZMUAIGAZ NATIONAL CO JSC</name>
        <lei>2138001H1M69RFJCSH88</lei>
        <title>KAZMUNAYGAS NATIONAL CO JSC 3.5% 04/14/2033 144A</title>
        <cusip>48126PAA0</cusip>
        <identifiers>
          <isin value="US48126PAA03"/>
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        <balance>2010000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2081731.88000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03500000</annualizedRt>
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        <name>OMAN OIL CO</name>
        <lei>549300YK417GKI6EQ392</lei>
        <title>OMAN OIL CO 5.125% 05/06/2028 144A</title>
        <cusip>67624L2A5</cusip>
        <identifiers>
          <isin value="US67624L2A50"/>
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        <balance>870000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>OM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-05-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05125000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>INDONESIA REPUBLIC OF</name>
        <lei>254900G208H6Q0L5B953</lei>
        <title>INDONESIA 6.625% 2/17/37 144A</title>
        <cusip>455780AX4</cusip>
        <identifiers>
          <isin value="US455780AX45"/>
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        <balance>3549000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4888303.88000000</valUSD>
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        <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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        <name>ARGENTINA REPUBLIC OF</name>
        <lei>549300KPBYGYF7HCHO27</lei>
        <title>ARGENTINA REPUBLIC OF STEP 01/09/2038</title>
        <cusip>040114HU7</cusip>
        <identifiers>
          <isin value="US040114HU71"/>
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        <balance>10211997.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3834604.87000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-09</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00125000</annualizedRt>
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        <name>REPUBLIC OF COLOMBIA</name>
        <lei>549300MHDRBVRF6B9117</lei>
        <title>COLOMBIA REPUBLIC OF 4.125% 05/15/2051</title>
        <cusip>195325DT9</cusip>
        <identifiers>
          <isin value="US195325DT91"/>
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        <balance>1315000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1245798.13000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04125000</annualizedRt>
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        <name>IVORY COAST (COTE D'IVOIRE)</name>
        <lei>254900ICW11T82O6H590</lei>
        <title>IVORY COAST GOVT 6.125% 06/15/2033 144A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1632632037"/>
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        <balance>950000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1002725.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06125000</annualizedRt>
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        <name>C and W SENIOR FINANCING DAC</name>
        <lei>5493009O8OIWZPZRY516</lei>
        <title>C and W SENIOR FINANCING DESIGNATED ACTIVITY COMPANY 6.875% 09/15/2027 144A</title>
        <cusip>12674TAA4</cusip>
        <identifiers>
          <isin value="US12674TAA43"/>
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        <balance>2060000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2201625.00000000</valUSD>
        <pctVal>0.145733378458</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06875000</annualizedRt>
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          <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>156269.83000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>153613.24000000</valUSD>
        <pctVal>0.010168205957</pctVal>
        <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>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EMBRAER NETHERLANDS FINANCE BV</name>
        <lei>724500PBR8LR26XBSP67</lei>
        <title>EMBRAER NETHERLANDS BV 5.05% 06/15/2025</title>
        <cusip>29082HAA0</cusip>
        <identifiers>
          <isin value="US29082HAA05"/>
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        <balance>3625000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3826731.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05050000</annualizedRt>
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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 REPUBLIC OF 5.75% 03/22/2024</title>
        <cusip>900123CF5</cusip>
        <identifiers>
          <isin value="US900123CF53"/>
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        <balance>1020000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1057485.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05750000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BIZ FINANCE PLC</name>
        <lei>254900R5STMV7BZYC307</lei>
        <title>BIZ FINANCE PLC 9.75% 01/22/2025 144A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1261826355"/>
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        <balance>1175000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1266282.81000000</valUSD>
        <pctVal>0.083819756763</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-01-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.09750000</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>EGYPT, (ARAB) REPUBLIC OF</name>
        <lei>529900GFIVH4086NMH82</lei>
        <title>EGYPT (ARAB) REP OF GLOBAL MTN BE 144A 7.903% 02/21/2048 144A</title>
        <cusip>03846JW55</cusip>
        <identifiers>
          <isin value="US03846JW552"/>
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        <balance>2940000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2902882.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-02-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07903000</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>RUSSIAN FEDERATION</name>
        <lei>5493004EHVGF71PDBU58</lei>
        <title>RUSSIAN FEDN 4.25% 06/23/2027 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="RU000A0JXTS9"/>
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        <balance>3800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4239612.50000000</valUSD>
        <pctVal>0.280635009586</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04250000</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>USIMINAS INTERNATIONAL SARL</name>
        <lei>529900KLYX6QPXVIVP43</lei>
        <title>USIMINAS INTERNATIONAL SARL 5.875% 07/18/2026 144A</title>
        <cusip>91734JAA8</cusip>
        <identifiers>
          <isin value="US91734JAA88"/>
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        <balance>3475000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3762121.88000000</valUSD>
        <pctVal>0.249028209502</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05875000</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>DAE FDG LLC</name>
        <lei>635400SZTPQL3Y1P2C76</lei>
        <title>DAE FDG LLC 1.55% 08/01/2024 144A</title>
        <cusip>23371DAJ3</cusip>
        <identifiers>
          <isin value="US23371DAJ37"/>
        </identifiers>
        <balance>1590000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1586772.30000000</valUSD>
        <pctVal>0.105034094418</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>0.01550000</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>OLEODUCTO CENTRAL SA</name>
        <lei>254900W4CPYCQFVH5E92</lei>
        <title>OLEODUCTO CENTRAL SA 4% 07/14/2027 144A</title>
        <cusip>680617AC1</cusip>
        <identifiers>
          <isin value="US680617AC18"/>
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        <balance>3565000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3680416.88000000</valUSD>
        <pctVal>0.243619865353</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </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"/>
        </identifiers>
        <balance>4622000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4167888.50000000</valUSD>
        <pctVal>0.275887343277</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STATE OIL COMPANY OF THE AZERBAIJAN REPUBLIC</name>
        <lei>2549002HARR1VE257O76</lei>
        <title>STATE OIL CO OF THE AZER 6.95% 03/18/2030 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1196496688"/>
        </identifiers>
        <balance>3015000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3790985.63000000</valUSD>
        <pctVal>0.250938803632</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06950000</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>KENYA REPUBLIC OF</name>
        <lei>549300VVURQQYU45PR87</lei>
        <title>KENYA REPUBLIC OF 7.25% 02/28/2028 144A</title>
        <cusip>491798AG9</cusip>
        <identifiers>
          <isin value="US491798AG90"/>
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        <balance>1955000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2156365.00000000</valUSD>
        <pctVal>0.142737458304</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>KE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-28</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>LIQUID TELECOMMUNICATIONS FINANCING PLC</name>
        <lei>635400MXAVJRJJCWVI87</lei>
        <title>LIQUID TELECOMMUNICATIONS FINANCING PLC 5.5% 09/04/2026 144A</title>
        <cusip>536333AB3</cusip>
        <identifiers>
          <isin value="US536333AB32"/>
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        <balance>3665000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3737154.69000000</valUSD>
        <pctVal>0.247375542518</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CAMPOSOL SA RGS</name>
        <lei>5493008B0STMH3JFSW17</lei>
        <title>CAMPOSOL SA 6% 02/03/2027 144A</title>
        <cusip>134638AE5</cusip>
        <identifiers>
          <isin value="US134638AE50"/>
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        <balance>855000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>887596.88000000</valUSD>
        <pctVal>0.058753190044</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-03</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>CORPORACION NACIONAL DEL COBRE DE CHILE</name>
        <lei>549300UVMBCBCIPSUI70</lei>
        <title>CORPORACION NACIONAL DEL COBRE DE CHILE 3.15% 01/14/2030 144A</title>
        <cusip>21987BBB3</cusip>
        <identifiers>
          <isin value="US21987BBB36"/>
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        <balance>1645000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1727558.44000000</valUSD>
        <pctVal>0.114353229067</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03150000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PETROLEOS MEXICANOS</name>
        <lei>549300CAZKPF4HKMPX17</lei>
        <title>PETROLEOS MEXICANOS FRN 3ML+ 03/11/2022</title>
        <cusip>71654QCF7</cusip>
        <identifiers>
          <isin value="US71654QCF72"/>
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        <balance>2958000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2983143.00000000</valUSD>
        <pctVal>0.197464830666</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-03-11</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.03774750</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>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>2735640.00000000</valUSD>
        <pctVal>0.181081728017</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>
          <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>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>485000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>543442.50000000</valUSD>
        <pctVal>0.035972389268</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>
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      </invstOrSec>
      <invstOrSec>
        <name>PERU, REPUBLIC OF</name>
        <lei>254900STKLK2DBJJZ530</lei>
        <title>PERU REPUBLIC OF 3.3% 03/11/2041</title>
        <cusip>715638DS8</cusip>
        <identifiers>
          <isin value="US715638DS81"/>
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        <balance>3120000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3155880.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-03-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03300000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>DOMINICAN REPUBLIC</name>
        <lei>254900EHU7Q8FGVPI369</lei>
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        <cusip>25714PEE4</cusip>
        <identifiers>
          <isin value="US25714PEE43"/>
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        <balance>3525000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3512442.19000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>DO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-01-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05875000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EGYPT, (ARAB) REPUBLIC OF</name>
        <lei>529900GFIVH4086NMH82</lei>
        <title>EGYPT (ARAB) REP OF 0% 11/23/2021</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="EGT9980NBL11"/>
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        <balance>24950000.00000000</balance>
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        <currencyConditional curCd="EGP" exchangeRt="15.69500000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-11-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <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>4187000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4262366.00000000</valUSD>
        <pctVal>0.282141144566</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-01-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03500000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EL SALVADOR REPUBLIC OF</name>
        <lei>529900AKDMUSFSDOM949</lei>
        <title>EL SALVADOR REPUBLIC OF 7.1246% 01/20/2050 144A</title>
        <cusip>283875BZ4</cusip>
        <identifiers>
          <isin value="US283875BZ44"/>
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        <balance>3292000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2806430.00000000</valUSD>
        <pctVal>0.185767569548</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>SV</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-01-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07124600</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>TELEFONICA CELULAR DEL PARAGUAY SA</name>
        <lei>254900R8A8IKGF4THL54</lei>
        <title>TELEFONICA CELULAR PARAGUAY SA 5.875% 04/15/2027 144A</title>
        <cusip>87936VAB3</cusip>
        <identifiers>
          <isin value="US87936VAB36"/>
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        <balance>3800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3989525.00000000</valUSD>
        <pctVal>0.264080829703</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05875000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>INDONESIA ASAHAN ALUMINIUM TBK PT</name>
        <lei>2549008P48EB9SN2OI80</lei>
        <title>INDONESIA ASAHAN ALUMINIUM TBK PT 5.45% 05/15/2030 144A</title>
        <cusip>74445PAF9</cusip>
        <identifiers>
          <isin value="US74445PAF99"/>
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        <balance>2205000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2565104.06000000</valUSD>
        <pctVal>0.169793348441</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05450000</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>BRAZIL, FEDERATIVE REPUBLIC OF</name>
        <lei>254900ZFY40OYEADAP90</lei>
        <title>BRAZILIAN GOVERNMENT INTERNATIONAL BOND 4.75% 01/14/2050</title>
        <cusip>105756CB4</cusip>
        <identifiers>
          <isin value="US105756CB40"/>
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        <balance>1540000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1496013.75000000</valUSD>
        <pctVal>0.099026463638</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-01-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PETROLEOS DE VENEZUELA SA</name>
        <lei>549300YWR8TN1OFD4P06</lei>
        <title>PDVSA 12.75% 2/17/22 144A</title>
        <cusip>716558AC5</cusip>
        <identifiers>
          <isin value="US716558AC52"/>
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        <balance>3065000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>122600.00000000</valUSD>
        <pctVal>0.008115329449</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-02-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.12750000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GALAXY PIPELINE ASSETS BIDCO LTD</name>
        <lei>549300L82YB0C6JQIC26</lei>
        <title>GALAXY PIPELINE ASSETS 2.625% 03/31/2036 144A</title>
        <cusip>36321PAB6</cusip>
        <identifiers>
          <isin value="US36321PAB67"/>
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        <balance>3445000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3376100.00000000</valUSD>
        <pctVal>0.223476050196</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-03-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02625000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PETROLEOS DE VENEZUELA SA</name>
        <lei>549300YWR8TN1OFD4P06</lei>
        <title>PDVSA PETR VENZ 5.375% 4/12/27</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS0294364954"/>
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        <balance>6115000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>259887.50000000</valUSD>
        <pctVal>0.017202876690</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05375000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MEXICO UNITED MEXICAN STATES</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>UNITED MEX 5.75 10/12/2110</title>
        <cusip>91086QAZ1</cusip>
        <identifiers>
          <isin value="US91086QAZ19"/>
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        <balance>3295000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3928875.63000000</valUSD>
        <pctVal>0.260066232489</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2110-10-12</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>
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      <invstOrSec>
        <name>TULLOW OIL PLC</name>
        <lei>2138003EYHWO75RKS857</lei>
        <title>TULLOW OIL PLC 10.25% 05/15/2026 144A</title>
        <cusip>899415AG8</cusip>
        <identifiers>
          <isin value="US899415AG89"/>
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        <balance>6370000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6676078.50000000</valUSD>
        <pctVal>0.441913347940</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.10250000</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>UKRAINE CABINET OF MINISTERS</name>
        <lei>6354001WLTJXOMEXPY07</lei>
        <title>UKRAINE CABINET OF MINISTERS 7.75% 09/01/2026 144A</title>
        <cusip>903724AT9</cusip>
        <identifiers>
          <isin value="US903724AT98"/>
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        <balance>1895000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2091369.38000000</valUSD>
        <pctVal>0.138435167366</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>UA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</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>
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      <invstOrSec>
        <name>PERU, REPUBLIC OF</name>
        <lei>254900STKLK2DBJJZ530</lei>
        <title>PERU REPUBLIC OF 3.55% 03/10/2051</title>
        <cusip>715638DT6</cusip>
        <identifiers>
          <isin value="US715638DT64"/>
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        <balance>2070000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2147625.00000000</valUSD>
        <pctVal>0.142158926662</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-03-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03550000</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>REPUBLICA ORIENTAL DEL URUGUAY</name>
        <lei>549300RDR012H2V82H43</lei>
        <title>URUGUAY REPUBLICA ORIENTAL DL 5.1% 06/18/2050</title>
        <cusip>760942BA9</cusip>
        <identifiers>
          <isin value="US760942BA98"/>
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        <balance>3930000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5145352.50000000</valUSD>
        <pctVal>0.340589157184</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>UY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-06-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05100000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EL SALVADOR REPUBLIC OF</name>
        <lei>529900AKDMUSFSDOM949</lei>
        <title>EL SALVADOR 7.75% 1/24/23 144A</title>
        <cusip>283875AK8</cusip>
        <identifiers>
          <isin value="US283875AK83"/>
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        <balance>3280000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3239000.00000000</valUSD>
        <pctVal>0.214400914246</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>SV</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-01-24</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>QATAR ST</name>
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        <name>NAGACORP LTD</name>
        <lei>549300MMNKN0RBJELS20</lei>
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        <name>TC ZIRAAT BANKASI AS</name>
        <lei>213800K5KTZFSUS8MR51</lei>
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        <cusip>90015JAA0</cusip>
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        <name>GHANA REPUBLIC OF</name>
        <lei>213800PP4399SNNXZ126</lei>
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        <cusip>37443GAL5</cusip>
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        <balance>3335000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3404826.56000000</valUSD>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>GH</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>
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        <cusip>71654QDD1</cusip>
        <identifiers>
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        <balance>38733000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>37135263.75000000</valUSD>
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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>RUSSIAN FEDERATION</name>
        <lei>5493004EHVGF71PDBU58</lei>
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        <cusip>78307ADH3</cusip>
        <identifiers>
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        <balance>1850000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2464893.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BANCO DO BRASIL SA CAYMAN ISLANDS BRANCH</name>
        <lei>QE0Q0253K88YAGNPE356</lei>
        <title>BANCO DO BRASIL GR CAYMAN BRH STEP PERP 144A</title>
        <cusip>05958AAK4</cusip>
        <identifiers>
          <isin value="US05958AAK43"/>
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        <curCd>USD</curCd>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>ARGENTINA REPUBLIC OF</name>
        <lei>549300KPBYGYF7HCHO27</lei>
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        <cusip>040114HX1</cusip>
        <identifiers>
          <isin value="US040114HX11"/>
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        <curCd>USD</curCd>
        <valUSD>2253506.87000000</valUSD>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>TURKEY REPUBLIC OF</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
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        <cusip>900123AW0</cusip>
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          <isin value="US900123AW05"/>
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        <curCd>USD</curCd>
        <valUSD>908963.31000000</valUSD>
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        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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        <name>MEXICO UNITED MEXICAN STATES</name>
        <lei>254900EGTWEU67VP6075</lei>
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        <cusip>91087BAF7</cusip>
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        <name>SAUDI ARABIAN OIL COMPANY</name>
        <lei>5586006WD91QHB7J4X50</lei>
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        <cusip>80414L2E4</cusip>
        <identifiers>
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        <issuerCat>CORP</issuerCat>
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        <name>INDONESIA REPUBLIC OF</name>
        <lei>254900G208H6Q0L5B953</lei>
        <title>INDONESIA 7.75% 1/17/38 144A</title>
        <cusip>455780AZ9</cusip>
        <identifiers>
          <isin value="US455780AZ92"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>
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        <name>NATURA COSMETICOS SA</name>
        <lei>N/A</lei>
        <title>NATURA COSMETICOS SA 4.125% 05/03/2028 144A</title>
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        <curCd>USD</curCd>
        <valUSD>4192250.00000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>COSTA RICA REPUBLIC OF</name>
        <lei>549300S1EK2VN6XVJP58</lei>
        <title>COSTA RICA 5.625% 4/30/2043 144A</title>
        <cusip>221597BT3</cusip>
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          <isin value="US221597BT31"/>
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        <balance>1995000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1844502.19000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05625000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF BENIN</name>
        <lei>635400Q11P6AE5A5Y230</lei>
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        <cusip>N/A</cusip>
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        <invCountry>BJ</invCountry>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>TURKEY REPUBLIC OF</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
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          <isin value="US900123BZ27"/>
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        <curCd>USD</curCd>
        <valUSD>10934560.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GENM CAPITAL LABUAN LTD</name>
        <lei>254900DWSHIWTSE0YG58</lei>
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        <cusip>37231BAA6</cusip>
        <identifiers>
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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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      <invstOrSec>
        <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>4225000.00000000</balance>
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        <curCd>USD</curCd>
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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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      <invstOrSec>
        <name>THIRD PAKISTAN INTERNATIONAL SUKUK CO LTD/THE</name>
        <lei>529900OMZDJ2H3CXKF72</lei>
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        <cusip>88429JAA4</cusip>
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          <isin value="US88429JAA43"/>
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        <curCd>USD</curCd>
        <valUSD>2138015.63000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>STATE SAVINGS BANK OF UKRAINE VIA 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>807200.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>845188.85000000</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>2023-03-10</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>STILLWATER MINING COMPANY</name>
        <lei>6354007DPCY4ZN2MRR73</lei>
        <title>STILLWATER MINING COMPANY 6.125% 06/27/2022 144A</title>
        <cusip>86074QAM4</cusip>
        <identifiers>
          <isin value="US86074QAM42"/>
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        <balance>6789000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6805123.88000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-06-27</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SAUDI ARABIA KINGDOM OF</name>
        <lei>54930044PULMORCKB765</lei>
        <title>SAUDI ARABIA KINGDOM OF 2.25% 02/02/2033 144A</title>
        <cusip>80413TAV1</cusip>
        <identifiers>
          <isin value="US80413TAV17"/>
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        <balance>4030000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3921693.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02250000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>VTR COMUNICACIONES SPA</name>
        <lei>213800XDZJKMC1AEUV94</lei>
        <title>VTR COMMUNICACIONES SPA/VTR FINANCE NV 5.125% 01/15/2028 144A</title>
        <cusip>918367AA1</cusip>
        <identifiers>
          <isin value="US918367AA16"/>
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        <balance>3598000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3747496.90000000</valUSD>
        <pctVal>0.248060130131</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05125000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>IVORY COAST (COTE D'IVOIRE)</name>
        <lei>254900ICW11T82O6H590</lei>
        <title>IVORY COAST (COTE D'IVOIRE) 6.375% 03/03/2028 144A</title>
        <cusip>221625AM8</cusip>
        <identifiers>
          <isin value="US221625AM84"/>
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        <balance>3135000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3446148.75000000</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>2028-03-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06375000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>YPF SA</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>8268000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7348185.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08750000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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        <name>TERMOCANDELARIA POWER LTD</name>
        <lei>549300YDORW43JL6G659</lei>
        <title>TERMOCANDELARIA POWER LTD 7.875% 01/30/2029 144A</title>
        <cusip>880879AA9</cusip>
        <identifiers>
          <isin value="US880879AA92"/>
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        <balance>2622375.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2807252.44000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07875000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JBS USA FOOD CO</name>
        <lei>549300O7SUM086E3RD66</lei>
        <title>JBS INVESTMENTS II GMBH 5.75% 01/15/2028 144A</title>
        <cusip>46650CAB5</cusip>
        <identifiers>
          <isin value="US46650CAB54"/>
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        <balance>3420000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3658442.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05750000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CEMEX SAB DE CV</name>
        <lei>549300RIG2CXWN6IV731</lei>
        <title>CEMEX SAB DE CV 5.125/VAR PERP 144A</title>
        <cusip>151290CA9</cusip>
        <identifiers>
          <isin value="US151290CA97"/>
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        <balance>3625000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3734837.50000000</valUSD>
        <pctVal>0.247222159481</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2199-12-31</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05125000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OMAN SULTANATE</name>
        <lei>549300SZ20F0QTKNQC75</lei>
        <title>OMAN GOVT 4.125% 01/17/2023 144A</title>
        <cusip>682051AG2</cusip>
        <identifiers>
          <isin value="US682051AG21"/>
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        <balance>1800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1851525.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>OM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-01-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04125000</annualizedRt>
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        <name>PETROLEOS MEXICANOS</name>
        <lei>549300CAZKPF4HKMPX17</lei>
        <title>PETROLEOS MEXICANOS 6.875% 10/16/2025 144A</title>
        <cusip>71654QDG4</cusip>
        <identifiers>
          <isin value="US71654QDG47"/>
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        <balance>2295000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2531958.75000000</valUSD>
        <pctVal>0.167599342647</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06875000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ANGOLA REPUBLIC</name>
        <lei>549300QHR2R3J8JSGK83</lei>
        <title>ANGOLA REPUBLIC 8.25% 05/09/2028 144A</title>
        <cusip>035198AB6</cusip>
        <identifiers>
          <isin value="US035198AB62"/>
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        <balance>3770000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3929753.75000000</valUSD>
        <pctVal>0.260124358370</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-09</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>DP WORLD CRESCENT LTD</name>
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        <name>CAMEROON REPUBLIC OF</name>
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        <name>METINVEST BV</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SASOL FING USA LLC</name>
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        <name>RUSSIA FEDN MINISTRY FINANCE</name>
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        <name>TURKEY REPUBLIC OF</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
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        <name>PROSUS NV</name>
        <lei>635400Z5LQ5F9OLVT688</lei>
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        <name>AZUL INVESTMENTS LLP</name>
        <lei>549300C6XNC8IDH04C74</lei>
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        <name>GUATEMALA, REP OF</name>
        <lei>529900QKDFFU9UWW5315</lei>
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        <name>OIL AND GAS HOLDING CO BSCC/THE</name>
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        <lei>549300QHR2R3J8JSGK83</lei>
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        <issuerCat>NUSS</issuerCat>
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        <name>PANAMA REPUBLIC OF</name>
        <lei>549300SHS4T08CL0LP14</lei>
        <title>PANAMA REPUBLIC OF 3.87% 07/23/2060</title>
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        <curCd>USD</curCd>
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        <invCountry>PA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MERCADOLIBRE INC</name>
        <lei>549300DKPDN9M5S8GB14</lei>
        <title>MERCADOLIBRE INC 2.375% 01/14/2026</title>
        <cusip>58733RAE2</cusip>
        <identifiers>
          <isin value="US58733RAE27"/>
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        <balance>1035000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1038881.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GUARA NORTE SARL</name>
        <lei>549300U2I4L03BBA3485</lei>
        <title>GUARA NORTE SARL 5.198% 06/15/2034 144A</title>
        <cusip>400666AA1</cusip>
        <identifiers>
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        <balance>2995984.50000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>IVORY COAST (COTE D'IVOIRE)</name>
        <lei>254900ICW11T82O6H590</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2064786838"/>
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        <balance>3125000.00000000</balance>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>CI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-10-17</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>KENYA REPUBLIC OF</name>
        <lei>549300VVURQQYU45PR87</lei>
        <title>KENYA REP 6.875% 06/24/2024 144A</title>
        <cusip>491798AE4</cusip>
        <identifiers>
          <isin value="US491798AE43"/>
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        <balance>3015000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3312354.38000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>KE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-06-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06875000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OMAN SULTANATE</name>
        <lei>549300SZ20F0QTKNQC75</lei>
        <title>OMAN SULTANATE 6.25% 01/25/2031 144A</title>
        <cusip>68205LAS2</cusip>
        <identifiers>
          <isin value="US68205LAS25"/>
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        <balance>670000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>716690.63000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>OM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06250000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RUSSIAN FEDERATION</name>
        <lei>5493004EHVGF71PDBU58</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS0971721963"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>266475.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05875000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>UZBEKISTAN REPUBLIC OF</name>
        <lei>213800L6VDKUM3TCM927</lei>
        <title>UZBEKISTAN REPUBLIC OF 3.7% 11/25/2030 144A</title>
        <cusip>91822Q2C0</cusip>
        <identifiers>
          <isin value="US91822Q2C08"/>
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        <balance>1595000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1588919.06000000</valUSD>
        <pctVal>0.105176196087</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>UZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-11-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03700000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>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>1562833.32700000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1613918.44000000</valUSD>
        <pctVal>0.106830993842</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-04-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.09625000</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 REPUBLIC OF 5.75% 05/11/2047</title>
        <cusip>900123CM0</cusip>
        <identifiers>
          <isin value="US900123CM05"/>
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        <balance>6710000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5736211.25000000</valUSD>
        <pctVal>0.379700196452</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-05-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05750000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BERMUDA GOVERNMENT OF</name>
        <lei>549300FP5PUZXX9FVJ40</lei>
        <title>BERMUDA GOVERNMENT OF 4.75% 02/15/2029 144A</title>
        <cusip>085209AF1</cusip>
        <identifiers>
          <isin value="US085209AF11"/>
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        <balance>2270000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2648522.50000000</valUSD>
        <pctVal>0.175315111269</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04750000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JAMAICA GOVT OF</name>
        <lei>529900Y93KNSXZI8KK56</lei>
        <title>JAMAICA GOVT OF 7.875% 07/28/2045</title>
        <cusip>470160CB6</cusip>
        <identifiers>
          <isin value="US470160CB63"/>
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        <balance>1685000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2354260.94000000</valUSD>
        <pctVal>0.155836893457</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-07-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07875000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BAIDU INC</name>
        <lei>254900AL64IANZYI1E02</lei>
        <title>BAIDU INC 1.72% 04/09/2026</title>
        <cusip>056752AS7</cusip>
        <identifiers>
          <isin value="US056752AS75"/>
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        <balance>2540000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2561082.00000000</valUSD>
        <pctVal>0.169527114004</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-04-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01720000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SILKNET JSC</name>
        <lei>635400QGWS2BG73SGG55</lei>
        <title>SILKNET JSC 11% 04/02/2024 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1843443430"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>273671.88000000</valUSD>
        <pctVal>0.018115313762</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-04-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.11000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SAUDI ARABIA KINGDOM OF</name>
        <lei>54930044PULMORCKB765</lei>
        <title>SAUDI ARABIA KINGDOM OF 4% 04/17/2025 144A</title>
        <cusip>80413TAG4</cusip>
        <identifiers>
          <isin value="US80413TAG40"/>
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        <balance>2095000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2311439.69000000</valUSD>
        <pctVal>0.153002402828</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MOROCCO KINGDOM OF</name>
        <lei>529900F3MBW9XY5K1X07</lei>
        <title>MOROCCO GOV 5.5 12/11/42 144A</title>
        <cusip>617726AG9</cusip>
        <identifiers>
          <isin value="US617726AG97"/>
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        <balance>920000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1043797.50000000</valUSD>
        <pctVal>0.069092663874</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-12-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>VTR COMUNICACIONES SPA</name>
        <lei>213800XDZJKMC1AEUV94</lei>
        <title>VTR COMMUNICACIONES SPA/VTR FINANCE NV 4.375% 04/15/2029 144A</title>
        <cusip>918367AC7</cusip>
        <identifiers>
          <isin value="US918367AC71"/>
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        <balance>1510000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1507961.50000000</valUSD>
        <pctVal>0.099817327646</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04375000</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>SERBIA REPUBLIC OF</name>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AZUL INVESTMENTS LLP</name>
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        <name>DOMINICAN REPUBLIC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ENN CLEAN ENERGY INTERNATIONAL INVESTMENT LTD</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>LEBANON REPUBLIC OF</name>
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        <invCountry>LB</invCountry>
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      <invstOrSec>
        <name>UKRAINE CABINET OF MINISTERS</name>
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          <isin value="US903724AN29"/>
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        <name>PETROLEOS MEXICANOS</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>Fidelity Revere Street Trust</name>
        <lei>549300BDV45LJNXBZC55</lei>
        <title>Fidelity Cash Central Fund</title>
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          <isin value="US31635A1051"/>
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        <curCd>USD</curCd>
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        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>MOROCCO KINGDOM OF</name>
        <lei>529900F3MBW9XY5K1X07</lei>
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        <curCd>USD</curCd>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>MA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>UKRAINE CABINET OF MINISTERS</name>
        <lei>6354001WLTJXOMEXPY07</lei>
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        <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>MEITUAN</name>
        <lei>21380033K525E5JLIA77</lei>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>NOSTRUM OIL and GAS FINANCE BV</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>UKRAINE CABINET OF MINISTERS</name>
        <lei>6354001WLTJXOMEXPY07</lei>
        <title>UKRAINE CABINET OF MINISTERS 7.75% 09/01/2025 144A</title>
        <cusip>903724AS1</cusip>
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          <isin value="US903724AS16"/>
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        <curCd>USD</curCd>
        <valUSD>1916250.00000000</valUSD>
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        <issuerCat>NUSS</issuerCat>
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        <name>COSTA RICA REPUBLIC OF</name>
        <lei>549300S1EK2VN6XVJP58</lei>
        <title>COSTA RICA REPUBLIC OF 7.0% 04/04/2044 144A</title>
        <cusip>221602AC9</cusip>
        <identifiers>
          <isin value="US221602AC91"/>
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        <curCd>USD</curCd>
        <valUSD>315160.31000000</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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        <name>JORDAN KINGDOM OF</name>
        <lei>5493000JZ4MYPVMBVN50</lei>
        <title>JORDAN KINGDOM OF 4.95% 07/07/2025 144A</title>
        <cusip>418097AK7</cusip>
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        <curCd>USD</curCd>
        <valUSD>4325071.88000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-07-07</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>ABU DHABI NATL ENERGY CO PJSC</name>
        <lei>213800UNJSVQFNUYYW03</lei>
        <title>ABU DHABI NATL ENERGY CO PJSC 4% 10/03/2049 144A</title>
        <cusip>00388WAH4</cusip>
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        <balance>670000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>764553.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-10-03</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>REPUBLIC OF COLOMBIA</name>
        <lei>549300MHDRBVRF6B9117</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SAUDI ARABIAN OIL COMPANY</name>
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        <cusip>80414L2D6</cusip>
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      <invstOrSec>
        <name>OOREDOO INTERNATIONAL FINANCE LTD</name>
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      <invstOrSec>
        <name>FIRST QUANTUM MINERALS LTD</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>PARAGUAY REPUBLIC OF</name>
        <lei>529900UXKJTJPCU0HK83</lei>
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        <cusip>699149AH3</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>INDONESIA REPUBLIC OF</name>
        <lei>254900G208H6Q0L5B953</lei>
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        <cusip>455780CF1</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>GEOPARK LTD</name>
        <lei>529900ZR5QI19AH4KZ07</lei>
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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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      <invstOrSec>
        <name>LEVIATHAN BOND LTD</name>
        <lei>254900D9T8VKYVQNZ220</lei>
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        <cusip>N/A</cusip>
        <identifiers>
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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>MOROCCO KINGDOM OF</name>
        <lei>529900F3MBW9XY5K1X07</lei>
        <title>MOROCCO KINGDOM OF 3% 12/15/2032 144A</title>
        <cusip>617726AL8</cusip>
        <identifiers>
          <isin value="US617726AL82"/>
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        <curCd>USD</curCd>
        <valUSD>665850.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>TURKEY REPUBLIC OF</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
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        <cusip>900123DA5</cusip>
        <identifiers>
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        <curCd>USD</curCd>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>DOMINICAN REPUBLIC</name>
        <lei>254900EHU7Q8FGVPI369</lei>
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        <cusip>25714PEB0</cusip>
        <identifiers>
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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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          <couponKind>Fixed</couponKind>
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        <name>ADECOAGRO SA</name>
        <lei>529900Q00UR5LFELO811</lei>
        <title>ADECOAGRO SA 6% 09/21/2027 144A</title>
        <cusip>00676LAA4</cusip>
        <identifiers>
          <isin value="US00676LAA44"/>
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        <balance>3730000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3931186.88000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>DOMINICAN REPUBLIC</name>
        <lei>254900EHU7Q8FGVPI369</lei>
        <title>DOMINICAN REPUBLIC 5.95% 01/25/27 144A</title>
        <cusip>25714PDT2</cusip>
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        <curCd>USD</curCd>
        <valUSD>4709250.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>DO</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>OMAN SULTANATE</name>
        <lei>549300SZ20F0QTKNQC75</lei>
        <title>OMAN SULTANATE 6% 08/01/2029 144A</title>
        <cusip>68205LAB9</cusip>
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        <curCd>USD</curCd>
        <valUSD>2821090.63000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>OM</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>TURKEY REPUBLIC OF</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
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        <cusip>900123BG4</cusip>
        <identifiers>
          <isin value="US900123BG46"/>
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        <curCd>USD</curCd>
        <valUSD>3038673.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>PERU, REPUBLIC OF</name>
        <lei>254900STKLK2DBJJZ530</lei>
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        <curCd>USD</curCd>
        <valUSD>1225307.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>EMIRATE OF ABU DHABI</name>
        <lei>213800FER4348CINTA77</lei>
        <title>EMIRATE OF ABU DHABI 3.125% 04/16/2030 144A</title>
        <cusip>29135LAH3</cusip>
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        <balance>5190000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5637313.13000000</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>
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        <name>EMIRATE OF ABU DHABI</name>
        <lei>213800FER4348CINTA77</lei>
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        <name>KENYA REPUBLIC OF</name>
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        <name>PETROLEOS DE VENEZUELA SA</name>
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        <cusip>716558AF8</cusip>
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        <name>DELTA MERLIN DUNIA TEKSTIL PT</name>
        <lei>2549006VVY3FDMC5ZG55</lei>
        <title>DELTA MERLIN DUNIA TEKSTIL PT STEP 06/26/2028</title>
        <cusip>69374VAC8</cusip>
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          <isin value="US69374VAC81"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
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        <name>UKRAINE CABINET OF MINISTERS</name>
        <lei>6354001WLTJXOMEXPY07</lei>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>UA</invCountry>
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        <name>JBS USA FOOD CO</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <name>BANCO MERCANTIL DEL NORTE SA CAYMAN ISLANDS BRANCH</name>
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        <assetCat>EP</assetCat>
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        <invCountry>KY</invCountry>

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        <name>TURKEY REPUBLIC OF</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
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        <name>REPUBLIC OF COLOMBIA</name>
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        <name>LEVIATHAN BOND LTD</name>
        <lei>254900D9T8VKYVQNZ220</lei>
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        <name>PETRORIO LUXEMBOURG S A R L</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>VEON HOLDINGS BV</name>
        <lei>5493000XDKGUH5NQGE22</lei>
        <title>VEON HOLDINGS BV 3.375% 11/25/2027 144A</title>
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        <curCd>USD</curCd>
        <valUSD>1448640.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <name>SAUDI ARABIA KINGDOM OF</name>
        <lei>54930044PULMORCKB765</lei>
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        <name>KAZAKHSTAN TEMIR ZHOLY FIN BV</name>
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        <name>BERMUDA GOVERNMENT OF</name>
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        <name>PETKIM PETROKIMYA HLDG AS</name>
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        <name>SRI LANKA GOVT DEMOCRATIC SOCIALIST REP</name>
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        <name>BRAZIL, FEDERATIVE REPUBLIC OF</name>
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        <name>TURKEY REPUBLIC OF</name>
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        <name>EL SALVADOR REPUBLIC OF</name>
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        <name>QATAR ST</name>
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        <name>TV AZTECA SAB DE CV</name>
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        <name>JAMAICA GOVT OF</name>
        <lei>529900Y93KNSXZI8KK56</lei>
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        <name>BELARUS REPUBLIC OF</name>
        <lei>635400CVCOWYLHF4ZB08</lei>
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        <cusip>07737JAB9</cusip>
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        <name>OIL AND GAS HOLDING CO BSCC/THE</name>
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        <name>DP WORLD SALAAM</name>
        <lei>549300SUYBT9X88E9435</lei>
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        <name>OEC FIN LTD</name>
        <lei>N/A</lei>
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        <name>STATE OIL COMPANY OF THE AZERBAIJAN REPUBLIC</name>
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        <name>INVESTMENT ENERGY RESOURCES LTD</name>
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        <name>UKRAINE CABINET OF MINISTERS</name>
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        <cusip>900123CK4</cusip>
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        <name>TELEONICA DEL PERU SA</name>
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        <name>VIETNAM SOCIALIST REPUBLIC OF</name>
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        <name>PETROLEOS MEXICANOS</name>
        <lei>549300CAZKPF4HKMPX17</lei>
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        <name>REPUBLIC OF COLOMBIA</name>
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        <name>ROMANIA, REPUBLIC OF</name>
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        <name>TURKEY REPUBLIC OF</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
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        <name>DOMINICAN REPUBLIC</name>
        <lei>254900EHU7Q8FGVPI369</lei>
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        <name>DELTA MERLIN DUNIA TEKSTIL PT</name>
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      <invstOrSec>
        <name>ADARO INDONESIA PT</name>
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      <invstOrSec>
        <name>EGYPT, (ARAB) REPUBLIC OF</name>
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        <fairValLevel>2</fairValLevel>
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        <name>KONDOR FINANCE PLC</name>
        <lei>213800PUC1T9GI6EIO63</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>SAUDI ARABIA KINGDOM OF</name>
        <lei>54930044PULMORCKB765</lei>
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        <name>YPF SA</name>
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        <name>LCPR SENIOR SECURED FINANCING DAC</name>
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        <cusip>50201DAD5</cusip>
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        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>PAKISTAN, ISLAMIC REP OF</name>
        <lei>529900LOP29R5WKHOD86</lei>
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        <cusip>695847AK9</cusip>
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        <invCountry>PK</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>DOMINICAN REPUBLIC</name>
        <lei>254900EHU7Q8FGVPI369</lei>
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        <cusip>25714PDW5</cusip>
        <identifiers>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>DO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>SAUDI ARABIA KINGDOM OF</name>
        <lei>54930044PULMORCKB765</lei>
        <title>SAUDI ARABIA KINGDOM OF 3.25% 10/22/2030 144A</title>
        <cusip>80413TAT6</cusip>
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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>PROSUS NV</name>
        <lei>635400Z5LQ5F9OLVT688</lei>
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        <cusip>74365PAA6</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>GEMS MENASA KY LTD/GEMS</name>
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        <cusip>36166LAA5</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>EGYPT, (ARAB) REPUBLIC OF</name>
        <lei>529900GFIVH4086NMH82</lei>
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        <invCountry>EG</invCountry>
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        <name>INDONESIA REPUBLIC OF</name>
        <lei>254900G208H6Q0L5B953</lei>
        <title>INDONESIA GOVT 6.75% 01/15/44 144A</title>
        <cusip>455780BR6</cusip>
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        <name>MOROCCO KINGDOM OF</name>
        <lei>529900F3MBW9XY5K1X07</lei>
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        <cusip>617726AM6</cusip>
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        <name>UKRAINE CABINET OF MINISTERS</name>
        <lei>6354001WLTJXOMEXPY07</lei>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>UA</invCountry>
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        <name>INDONESIA REPUBLIC OF</name>
        <lei>254900G208H6Q0L5B953</lei>
        <title>INDONESIA 8.5% 10/12/35 144A</title>
        <cusip>455780AT3</cusip>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07052900</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>HAZINE MUSTESARLIGI VARLIK KIRALAMA ANONIM SIRKETI</name>
        <lei>6354003QFJP7RDXEOZ20</lei>
        <title>HAZINE MUSTESARLIGI VARLIK 5.125% 06/22/2026 144A</title>
        <cusip>421790AG1</cusip>
        <identifiers>
          <isin value="US421790AG12"/>
        </identifiers>
        <balance>1715000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1712749.06000000</valUSD>
        <pctVal>0.113372943605</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05125000</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>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"/>
        </identifiers>
        <balance>12000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>14271000.00000000</valUSD>
        <pctVal>0.944648177588</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-03-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05100000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2021-07-30</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>
