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        <name>Interest Rate Swaps</name>
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      <invstOrSec>
        <name>CHICAGO BOARD OF TRADE</name>
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      <invstOrSec>
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        <lei>529900UT4DG0LG5R9O07</lei>
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        <name>Chicago Board of Trade</name>
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      <invstOrSec>
        <name>OSAKA EXCHANGE</name>
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        <isRestrictedSec>N</isRestrictedSec>
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        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>STANDRD CHARTERED BANK</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <amtCurPur>1255720.5</amtCurPur>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>STANDRD CHARTERED BANK</name>
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        <title>STANDRD CHARTERED BANK</title>
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          <other otherDesc="In-House" value="555555528"/>
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        <invCountry>N/A</invCountry>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>STANDRD CHARTERED BANK</counterpartyName>
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            <amtCurPur>2609586.50999999</amtCurPur>
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      <invstOrSec>
        <name>STANDRD CHARTERED BANK</name>
        <lei>N/A</lei>
        <title>STANDRD CHARTERED BANK</title>
        <cusip>555555529</cusip>
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          <other otherDesc="In-House" value="555555529"/>
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        <invCountry>N/A</invCountry>
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        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>STANDRD CHARTERED BANK</counterpartyName>
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            <amtCurPur>980569.66</amtCurPur>
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      <invstOrSec>
        <name>UBS INVESTMENT BANK</name>
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        <title>UBS INVESTMENT BANK</title>
        <cusip>555555530</cusip>
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          <other otherDesc="In-House" value="555555530"/>
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        <assetCat>DFE</assetCat>
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        <invCountry>N/A</invCountry>
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        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>UBS INVESTMENT BANK</counterpartyName>
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            <amtCurSold>407889.419999999</amtCurSold>
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      <invstOrSec>
        <name>UBS INVESTMENT BANK</name>
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        <invCountry>N/A</invCountry>
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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>UBS INVESTMENT BANK</counterpartyName>
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        <name>UBS INVESTMENT BANK</name>
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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>UBS INVESTMENT BANK</counterpartyName>
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        <name>UBS INVESTMENT BANK</name>
        <lei>N/A</lei>
        <title>UBS INVESTMENT BANK</title>
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        <invCountry>N/A</invCountry>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>UBS INVESTMENT BANK</counterpartyName>
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      <invstOrSec>
        <name>UBS INVESTMENT BANK</name>
        <lei>N/A</lei>
        <title>UBS INVESTMENT BANK</title>
        <cusip>555555534</cusip>
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          <other otherDesc="In-House" value="555555534"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>UBS INVESTMENT BANK</counterpartyName>
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            <amtCurSold>1529973.46999999</amtCurSold>
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            <settlementDt>2020-08-10</settlementDt>
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      <invstOrSec>
        <name>UBS INVESTMENT BANK</name>
        <lei>N/A</lei>
        <title>UBS INVESTMENT BANK</title>
        <cusip>555555535</cusip>
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          <other otherDesc="In-House" value="555555535"/>
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        <currencyConditional curCd="EUR" exchangeRt="1.05636365057"/>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>UBS INVESTMENT BANK</counterpartyName>
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            <amtCurSold>1531144.88999999</amtCurSold>
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            <amtCurPur>1528115.48999999</amtCurPur>
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            <settlementDt>2020-11-09</settlementDt>
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        <securityLending>
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      <invstOrSec>
        <name>AbbVie Inc.</name>
        <lei>FR5LCKFTG8054YNNRU85</lei>
        <title>ABBV 4.25 11/21/49 144A</title>
        <cusip>00287YBS7</cusip>
        <identifiers>
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          <ticker value="ABBV"/>
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        <balance>200000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-11-21</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>AbbVie Inc.</name>
        <lei>FR5LCKFTG8054YNNRU85</lei>
        <title>ABBV 2.95 11/21/26 144A</title>
        <cusip>00287YBU2</cusip>
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          <isin value="US00287YBU29"/>
          <ticker value="ABBV"/>
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        <balance>175000</balance>
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        <curCd>USD</curCd>
        <valUSD>177616.96</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.950000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Abu Dhabi Crude Oil Pipeline LLC</name>
        <lei>549300DONDFW2383FV66</lei>
        <title>ADNOUH 4.6 11/02/47 144A</title>
        <cusip>00401MAB2</cusip>
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          <isin value="US00401MAB28"/>
          <ticker value="ADNOUH"/>
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        <balance>325000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>375375</valUSD>
        <pctVal>0.0735259684</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-11-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.600000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>American Express Company</name>
        <lei>R4PP93JZOLY261QX3811</lei>
        <title>AXP 2.5 07/30/24</title>
        <cusip>025816CG2</cusip>
        <identifiers>
          <isin value="US025816CG27"/>
          <ticker value="AXP24C"/>
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        <balance>600000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>606519.47</valUSD>
        <pctVal>0.1188010160</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.500000000000</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>ASCENTIUM EQUIPMENT RECEIVABLES TRUST</name>
        <lei>N/A</lei>
        <title>ACER 2019-2A A3</title>
        <cusip>04365VAC6</cusip>
        <identifiers>
          <isin value="US04365VAC63"/>
          <ticker value="ACER"/>
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        <balance>575000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>574199.26</valUSD>
        <pctVal>0.1124703473</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.190000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BBCMS MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>BBCMS 2019-BWAY A</title>
        <cusip>05492NAA1</cusip>
        <identifiers>
          <isin value="US05492NAA19"/>
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        <balance>500000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>497498.35</valUSD>
        <pctVal>0.0974466812</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.585900000000</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>Truist Financial Corporation</name>
        <lei>549300DRQQI75D2JP341</lei>
        <title>TFC 2.5 08/01/24 MTN</title>
        <cusip>05531FBH5</cusip>
        <identifiers>
          <isin value="US05531FBH55"/>
          <ticker value="TFC24A"/>
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        <balance>725000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>733689.15</valUSD>
        <pctVal>0.1437101705</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>2.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANK OF THE WEST AUTO TRUST</name>
        <lei>N/A</lei>
        <title>BWSTA 2019-1 A3</title>
        <cusip>065606AC9</cusip>
        <identifiers>
          <isin value="US065606AC98"/>
          <ticker value="BWSTA"/>
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        <balance>595000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>598226.98</valUSD>
        <pctVal>0.1171767380</pctVal>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.430000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>The Boeing Company</name>
        <lei>RVHJWBXLJ1RFUBSY1F30</lei>
        <title>BA 2.8 03/01/24</title>
        <cusip>097023CC7</cusip>
        <identifiers>
          <isin value="US097023CC78"/>
          <ticker value="BA24B"/>
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        <balance>150000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>153319.99</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>2024-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.800000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bristol-Myers Squibb Company</name>
        <lei>HLYYNH7UQUORYSJQCN42</lei>
        <title>BMY 2.875 08/15/20 144A</title>
        <cusip>110122BC1</cusip>
        <identifiers>
          <isin value="US110122BC13"/>
          <ticker value="BMY"/>
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        <balance>225000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>226232.79</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>2020-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.875000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CAMB COMMERCIAL MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>CAMB 2019-LIFE A</title>
        <cusip>12482HAA2</cusip>
        <identifiers>
          <isin value="US12482HAA23"/>
          <ticker value="CAMB"/>
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        <balance>450000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>450544.91</valUSD>
        <pctVal>0.0882497524</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.744516100000</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>Cigna Corporation</name>
        <lei>549300VIWYMSIGT1U456</lei>
        <title>CI 3.4 09/17/21</title>
        <cusip>125523AE0</cusip>
        <identifiers>
          <isin value="US125523AE07"/>
          <ticker value="CI/21B"/>
        </identifiers>
        <balance>225000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>230261.45</valUSD>
        <pctVal>0.0451020875</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-09-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.400000000000</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>Commercial Mortgage Trust</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
        <title>COMM 2014-CR19 A5</title>
        <cusip>12592GBD4</cusip>
        <identifiers>
          <isin value="US12592GBD43"/>
          <ticker value="COMM"/>
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        <balance>500000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>529743.25</valUSD>
        <pctVal>0.1037625986</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-08-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.796000000000</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>COMM MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>COMM 2014-CR14 A4</title>
        <cusip>12630DAY0</cusip>
        <identifiers>
          <isin value="US12630DAY04"/>
          <ticker value="COMM"/>
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        <balance>365000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>389261.92</valUSD>
        <pctVal>0.0762460463</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-02-12</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.236000000000</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>CVS Health Corp</name>
        <lei>549300EJG376EN5NQE29</lei>
        <title>CVS 2.8 07/20/20</title>
        <cusip>126650CJ7</cusip>
        <identifiers>
          <isin value="US126650CJ78"/>
          <ticker value="CVS20A"/>
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        <balance>225000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>225637.96</valUSD>
        <pctVal>0.0441964689</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-07-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.800000000000</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>CVS Health Corp</name>
        <lei>549300EJG376EN5NQE29</lei>
        <title>CVS 2.625 08/15/24</title>
        <cusip>126650DE7</cusip>
        <identifiers>
          <isin value="US126650DE72"/>
          <ticker value="CVS24B"/>
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        <balance>190000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>191463.43</valUSD>
        <pctVal>0.0375025883</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.625000000000</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>Cameron LNG LLC</name>
        <lei>549300C39FLHGVD73K22</lei>
        <title>CAMLNG 2.902 07/15/31 144A</title>
        <cusip>133434AA8</cusip>
        <identifiers>
          <isin value="US133434AA86"/>
          <ticker value="CAMLNG"/>
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        <balance>650000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>650408.33</valUSD>
        <pctVal>0.1273976751</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.902000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Canada (Government of)</name>
        <lei>4BFD7AQU0A75QLAHK410</lei>
        <title>CAN 3.5 12/01/45</title>
        <cusip>135087ZS6</cusip>
        <identifiers>
          <isin value="CA135087ZS68"/>
          <ticker value="CANADA"/>
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        <balance>850000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="0.77009"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.500000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Canadian Pacer Auto Receivables Tr 2018-2</name>
        <lei>549300EBZ7BR10QAH203</lei>
        <title>CPART 2018-2A A4</title>
        <cusip>13646AAE0</cusip>
        <identifiers>
          <isin value="US13646AAE01"/>
          <ticker value="CPART"/>
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        <balance>700000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>719522.65</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-08-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.440000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>CHC COMMERCIAL MORTGAGE TRUST 2019-CHC</name>
        <lei>N/A</lei>
        <title>CHC 2019-CHC A</title>
        <cusip>162665AA1</cusip>
        <identifiers>
          <isin value="US162665AA10"/>
          <ticker value="CHC"/>
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        <balance>675000</balance>
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        <curCd>USD</curCd>
        <valUSD>674189.39</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.792903200000</annualizedRt>
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      <invstOrSec>
        <name>CHC COMMERCIAL MORTGAGE TRUST 2019-CHC</name>
        <lei>N/A</lei>
        <title>CHC 2019-CHC B</title>
        <cusip>162665AG8</cusip>
        <identifiers>
          <isin value="US162665AG89"/>
          <ticker value="CHC"/>
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        <balance>300000</balance>
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        <curCd>USD</curCd>
        <valUSD>299249.85</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.160645100000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Cheniere Corpus Christi Holdings, LLC</name>
        <lei>549300I7CIEWU1BBLQ53</lei>
        <title>CHCOCH 3.7 11/15/29 144A</title>
        <cusip>16412XAH8</cusip>
        <identifiers>
          <isin value="US16412XAH89"/>
          <ticker value="CHCOCH"/>
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        <balance>725000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>739342.09</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.700000000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Comcast Corporation</name>
        <lei>51M0QTTNCGUN7KFCFZ59</lei>
        <title>CMCSA 2.65 02/01/30</title>
        <cusip>20030NDA6</cusip>
        <identifiers>
          <isin value="US20030NDA63"/>
          <ticker value="CMCSA"/>
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        <balance>450000</balance>
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        <curCd>USD</curCd>
        <valUSD>451235.24</valUSD>
        <pctVal>0.0883849697</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.650000000000</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>
      <invstOrSec>
        <name>Conagra Brands Inc</name>
        <lei>54930035UDEIH090K650</lei>
        <title>CAG 3.8 10/22/21</title>
        <cusip>205887BZ4</cusip>
        <identifiers>
          <isin value="US205887BZ43"/>
          <ticker value="CAG21A"/>
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        <balance>225000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>232125.64</valUSD>
        <pctVal>0.0454672327</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-10-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.800000000000</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 Andina de Fomento</name>
        <lei>UKZ46SXGNYCZK0UOZE76</lei>
        <title>CAF 3.25 02/11/22</title>
        <cusip>219868CB0</cusip>
        <identifiers>
          <isin value="US219868CB02"/>
          <ticker value="CAF"/>
        </identifiers>
        <balance>360000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>365965.2</valUSD>
        <pctVal>0.0716828391</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>XX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-02-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.250000000000</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>CyrusOne LP / CyrusOne Finance Corp.</name>
        <lei>549300TDXOX1X4TWIB58</lei>
        <title>CONE 2.9 11/15/24</title>
        <cusip>23283PAQ7</cusip>
        <identifiers>
          <isin value="US23283PAQ72"/>
          <ticker value="CONE"/>
        </identifiers>
        <balance>100000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>100384</valUSD>
        <pctVal>0.0196625529</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.900000000000</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>CyrusOne LP / CyrusOne Finance Corp.</name>
        <lei>549300TDXOX1X4TWIB58</lei>
        <title>CONE 3.45 11/15/29</title>
        <cusip>23283PAR5</cusip>
        <identifiers>
          <isin value="US23283PAR55"/>
          <ticker value="CONE"/>
        </identifiers>
        <balance>250000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>250685</valUSD>
        <pctVal>0.0491025172</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.450000000000</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>DPL Inc.</name>
        <lei>N/A</lei>
        <title>AES 4.35 04/15/29 144A</title>
        <cusip>233293AP4</cusip>
        <identifiers>
          <isin value="US233293AP46"/>
          <ticker value="AES"/>
        </identifiers>
        <balance>545000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>525203.07</valUSD>
        <pctVal>0.1028732982</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.350000000000</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>DELL EQUIPMENT FINANCE TRUST</name>
        <lei>N/A</lei>
        <title>DEFT 2018-2 B</title>
        <cusip>24704DAG5</cusip>
        <identifiers>
          <isin value="US24704DAG51"/>
          <ticker value="DEFT"/>
        </identifiers>
        <balance>275000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>280187.13</valUSD>
        <pctVal>0.0548811990</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-10-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.550000000000</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>Dell International L.L.C. and EMC Corporation</name>
        <lei>N/A</lei>
        <title>DELL 6.02 06/15/26 144A</title>
        <cusip>25272KAK9</cusip>
        <identifiers>
          <isin value="US25272KAK97"/>
          <ticker value="DELL"/>
        </identifiers>
        <balance>325000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>373789.92</valUSD>
        <pctVal>0.0732154934</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.020000000000</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>Diamondback Energy Inc</name>
        <lei>549300R22LSX6OHWEN64</lei>
        <title>FANG 5.375 05/31/25</title>
        <cusip>25278XAH2</cusip>
        <identifiers>
          <isin value="US25278XAH26"/>
          <ticker value="FANG"/>
        </identifiers>
        <balance>250000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>262458.74</valUSD>
        <pctVal>0.0514086794</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.375000000000</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>Diamondback Energy Inc</name>
        <lei>549300R22LSX6OHWEN64</lei>
        <title>FANG 2.875 12/01/24</title>
        <cusip>25278XAL3</cusip>
        <identifiers>
          <isin value="US25278XAL38"/>
          <ticker value="FANG"/>
        </identifiers>
        <balance>525000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>530635.61</valUSD>
        <pctVal>0.1039373881</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.875000000000</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>Drive Auto Receivables Trust 2019-4</name>
        <lei>N/A</lei>
        <title>DRIVE 2019-4 B</title>
        <cusip>26209AAE1</cusip>
        <identifiers>
          <isin value="US26209AAE10"/>
          <ticker value="DRIVE"/>
        </identifiers>
        <balance>335000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>335055.78</valUSD>
        <pctVal>0.0656285066</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.230000000000</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>Edison International</name>
        <lei>549300I7ROF15MAEVP56</lei>
        <title>EIX 4.125 03/15/28</title>
        <cusip>281020AM9</cusip>
        <identifiers>
          <isin value="US281020AM97"/>
          <ticker value="EIX28"/>
        </identifiers>
        <balance>205000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>210101.8</valUSD>
        <pctVal>0.0411533488</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125000000000</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>Edison International</name>
        <lei>549300I7ROF15MAEVP56</lei>
        <title>EIX 5.75 06/15/27</title>
        <cusip>281020AN7</cusip>
        <identifiers>
          <isin value="US281020AN70"/>
          <ticker value="EIX27"/>
        </identifiers>
        <balance>120000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>134591.88</valUSD>
        <pctVal>0.0263629659</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.750000000000</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>Enbridge Incorporation</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
        <title>ENBCN 4 11/15/49</title>
        <cusip>29250NBA2</cusip>
        <identifiers>
          <isin value="US29250NBA28"/>
          <ticker value="ENB49"/>
        </identifiers>
        <balance>625000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>648939.39</valUSD>
        <pctVal>0.1271099489</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>The Estee Lauder Companies Inc.</name>
        <lei>549300VFZ8XJ9NUPU221</lei>
        <title>EL 2 12/01/24</title>
        <cusip>29736RAN0</cusip>
        <identifiers>
          <isin value="US29736RAN08"/>
          <ticker value="EL24"/>
        </identifiers>
        <balance>35000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>35105.46</valUSD>
        <pctVal>0.0068762250</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.000000000000</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>EXETER AUTOMOBILE RECEIVABLES TRUST</name>
        <lei>N/A</lei>
        <title>EART 2018-4A B</title>
        <cusip>30166EAC0</cusip>
        <identifiers>
          <isin value="US30166EAC03"/>
          <ticker value="EART"/>
        </identifiers>
        <balance>600000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>602874.12</valUSD>
        <pctVal>0.1180869890</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.640000000000</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>AmeriCredit Automobile Receivables Trust</name>
        <lei>N/A</lei>
        <title>AMCAR 2016-4 D</title>
        <cusip>03065TAG7</cusip>
        <identifiers>
          <isin value="US03065TAG76"/>
          <ticker value="ACAR"/>
        </identifiers>
        <balance>500000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>503156.65</valUSD>
        <pctVal>0.0985549915</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-12-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.740000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Federal Home Loan Banks</name>
        <lei>N/A</lei>
        <title>FHLBDN 0 01/02/08</title>
        <cusip>313384RG6</cusip>
        <identifiers>
          <isin value="US313384RG63"/>
          <ticker value="FHLB"/>
        </identifiers>
        <balance>40960000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>40958691.51</valUSD>
        <pctVal>8.0227171667</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-01-02</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.17</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNGT 2017-T1 A</title>
        <cusip>3136AV6R5</cusip>
        <identifiers>
          <isin value="US3136AV6R53"/>
          <ticker value="FNMA"/>
        </identifiers>
        <balance>548928.96</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>562734.85</valUSD>
        <pctVal>0.1102247746</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.898000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Federal Home Loan Mortgage Corporation</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FRESR 2017-SR01 A3</title>
        <cusip>3137FCJG0</cusip>
        <identifiers>
          <isin value="US3137FCJG02"/>
          <ticker value="FHLMC"/>
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        <balance>310000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>318486.56</valUSD>
        <pctVal>0.0623830376</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.089000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FHLMC Pc Prepay Prm 30</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHMS KC02 A2</title>
        <cusip>3137FHQ22</cusip>
        <identifiers>
          <isin value="US3137FHQ226"/>
          <ticker value="FEDMFH"/>
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        <balance>325000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>338388.08</valUSD>
        <pctVal>0.0662812155</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.370000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Arab Petroleum Investment Corp</name>
        <lei>213800A54KIUYH5YD185</lei>
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          <isin value="US03845EAA01"/>
          <ticker value="APICOR"/>
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        <balance>750000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>796354.65</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>XX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-09-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Egypt (Arab Republic of)</name>
        <lei>529900GFIVH4086NMH82</lei>
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          <isin value="US03846JW636"/>
          <ticker value="62CA"/>
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        <balance>200000</balance>
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        <curCd>USD</curCd>
        <valUSD>216042.4</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>2024-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.200000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FHLMC Pc Prepay Prm 30</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHMS KL3W AFLW</title>
        <cusip>3137FJF20</cusip>
        <identifiers>
          <isin value="US3137FJF209"/>
          <ticker value="FEDMFH"/>
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        <balance>420000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>420439.82</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.710560000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Federal Home Loan Mortgage Corporation</name>
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        <title>FHMS K159 A2</title>
        <cusip>3137FKKN5</cusip>
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          <isin value="US3137FKKN59"/>
          <ticker value="FHLMC"/>
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        <curCd>USD</curCd>
        <valUSD>418984.61</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.950000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corporation</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHMS K088 A2</title>
        <cusip>3137FKZZ2</cusip>
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          <isin value="US3137FKZZ25"/>
          <ticker value="FHLMC"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.690000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN BF0131</title>
        <cusip>3140FXED0</cusip>
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          <isin value="US3140FXED00"/>
          <ticker value="FNMA"/>
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        <balance>521206.31</balance>
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        <curCd>USD</curCd>
        <valUSD>548129.32</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.500000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN BF0171</title>
        <cusip>3140FXFM9</cusip>
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          <isin value="US3140FXFM99"/>
          <ticker value="FNMA"/>
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        <balance>465704.86</balance>
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        <curCd>USD</curCd>
        <valUSD>499110.54</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN BF0194</title>
        <cusip>3140FXGC0</cusip>
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          <isin value="US3140FXGC09"/>
          <ticker value="FNMA"/>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN MA1178</title>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
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        <title>FN MA3776</title>
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          <isin value="US31418DFS62"/>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Fidelity National Information Services</name>
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      <invstOrSec>
        <name>Ford Auto Securitization Trust</name>
        <lei>549300UXPSVB9J11GQ87</lei>
        <title>FASTR 2019-BA A2</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>2.321000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>The Boeing Company</name>
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        <title>BA 3.2 03/01/29</title>
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          <isin value="US097023CD51"/>
          <ticker value="BA29"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>CGDB COMMERCIAL MORTGAGE TRUST</name>
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        <title>CGDB 2019-MOB A</title>
        <cusip>125284AA7</cusip>
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          <isin value="US125284AA75"/>
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        <balance>425000</balance>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Floating</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Freddie Mac Seasoned Credit Risk Transfer Trust</name>
        <lei>N/A</lei>
        <title>SCRT 2017-4 M45T</title>
        <cusip>35563PCS6</cusip>
        <identifiers>
          <isin value="US35563PCS65"/>
          <ticker value="SCRT"/>
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        <balance>367786.45</balance>
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        <curCd>USD</curCd>
        <valUSD>393022.85</valUSD>
        <pctVal>0.0769827123</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-06-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Freddie Mac Seasoned Credit Risk Transfer Trust</name>
        <lei>N/A</lei>
        <title>SCRT 2019-3 M55D</title>
        <cusip>35563PLQ0</cusip>
        <identifiers>
          <isin value="US35563PLQ09"/>
          <ticker value="SCRT"/>
        </identifiers>
        <balance>394902.86</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>417079.03</valUSD>
        <pctVal>0.0816946775</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-10-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>CVS Health Corp</name>
        <lei>549300EJG376EN5NQE29</lei>
        <title>CVS 3.875 07/20/25</title>
        <cusip>126650CL2</cusip>
        <identifiers>
          <isin value="US126650CL25"/>
          <ticker value="CVS25"/>
        </identifiers>
        <balance>400000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>425636.36</valUSD>
        <pctVal>0.0833708306</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.875000000000</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>CARMAX AUTO OWNER TRUST</name>
        <lei>N/A</lei>
        <title>CARMX 2019-4 A4</title>
        <cusip>14315WAE0</cusip>
        <identifiers>
          <isin value="US14315WAE03"/>
          <ticker value="CARMX"/>
        </identifiers>
        <balance>600000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>600577.92</valUSD>
        <pctVal>0.1176372245</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.130000000000</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>Republic of Colombia</name>
        <lei>549300MHDRBVRF6B9117</lei>
        <title>COLOM 4 02/26/24</title>
        <cusip>195325BQ7</cusip>
        <identifiers>
          <isin value="US195325BQ70"/>
          <ticker value="COLOM"/>
        </identifiers>
        <balance>600000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>632064</valUSD>
        <pctVal>0.1238045093</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-02-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>Comcast Corporation</name>
        <lei>51M0QTTNCGUN7KFCFZ59</lei>
        <title>CMCSA 3.7 04/15/24</title>
        <cusip>20030NCR0</cusip>
        <identifiers>
          <isin value="US20030NCR08"/>
          <ticker value="CMCSA"/>
        </identifiers>
        <balance>300000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>319631.98</valUSD>
        <pctVal>0.0626073949</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.700000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Federal Home Loan Mortgage Corporation</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>SLST 2019-1 A2</title>
        <cusip>35564CBC0</cusip>
        <identifiers>
          <isin value="US35564CBC01"/>
          <ticker value="FHLMC"/>
        </identifiers>
        <balance>400000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>415682.04</valUSD>
        <pctVal>0.0814210444</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Federal Home Loan Mortgage Corporation</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>SLST 2019-3 A2C</title>
        <cusip>35564CEJ2</cusip>
        <identifiers>
          <isin value="US35564CEJ27"/>
          <ticker value="FHLMC"/>
        </identifiers>
        <balance>500000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>505063.05</valUSD>
        <pctVal>0.0989284045</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-10-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.750000000000</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>GM Financial Automobile Leasing Trust 2018-3</name>
        <lei>N/A</lei>
        <title>GMALT 2018-3 B</title>
        <cusip>36256GAF6</cusip>
        <identifiers>
          <isin value="US36256GAF63"/>
          <ticker value="GMALT"/>
        </identifiers>
        <balance>205000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>207575.89</valUSD>
        <pctVal>0.0406585903</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-07-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.480000000000</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>General Electric Company</name>
        <lei>3C7474T6CDKPR9K6YT90</lei>
        <title>GE V5 PERP D</title>
        <cusip>369604BQ5</cusip>
        <identifiers>
          <isin value="US369604BQ57"/>
          <ticker value="GEC2"/>
        </identifiers>
        <balance>80000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>78356.8</valUSD>
        <pctVal>0.0153480109</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2500-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</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>DH Europe Finance II SARL</name>
        <lei>222100KDGL314CKTZ511</lei>
        <title>DHR 2.6 11/15/29</title>
        <cusip>23291KAH8</cusip>
        <identifiers>
          <isin value="US23291KAH86"/>
          <ticker value="DHR/29"/>
        </identifiers>
        <balance>500000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>497419.08</valUSD>
        <pctVal>0.0974311543</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.600000000000</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>Dt Auto Owner Trust 2019-4</name>
        <lei>N/A</lei>
        <title>DTAOT 2019-4A B</title>
        <cusip>23343JAC0</cusip>
        <identifiers>
          <isin value="US23343JAC09"/>
          <ticker value="DTAOT"/>
        </identifiers>
        <balance>375000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>375016.88</valUSD>
        <pctVal>0.0734558222</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.360000000000</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>GM Financial Consumer Automobile Receivables Trust 2018-4</name>
        <lei>549300RO0W90UZB1HD05</lei>
        <title>GMCAR 2018-4 C</title>
        <cusip>38013FAG6</cusip>
        <identifiers>
          <isin value="US38013FAG63"/>
          <ticker value="GMCAR"/>
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        <balance>1250000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1282900.25</valUSD>
        <pctVal>0.2512860025</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.620000000000</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>Golden Credit Card Trust</name>
        <lei>549300BEDPMEONLTJX58</lei>
        <title>GCCT 2018-4A A</title>
        <cusip>380881ER9</cusip>
        <identifiers>
          <isin value="US380881ER96"/>
          <ticker value="GOLCCT"/>
        </identifiers>
        <balance>450000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>468931.5</valUSD>
        <pctVal>0.0918511958</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.440000000000</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>HCA Inc.</name>
        <lei>L3CJ6J7LJ2DX62FTXD46</lei>
        <title>HCA 5.875 02/01/29</title>
        <cusip>404119BW8</cusip>
        <identifiers>
          <isin value="US404119BW86"/>
          <ticker value="HCA29"/>
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        <balance>120000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>138750</valUSD>
        <pctVal>0.0271774309</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.875000000000</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>Hply Trust</name>
        <lei>N/A</lei>
        <title>HPLY 2019-HIT A</title>
        <cusip>40443RAA9</cusip>
        <identifiers>
          <isin value="US40443RAA95"/>
          <ticker value="HPLY"/>
        </identifiers>
        <balance>582162.54</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>580537.55</valUSD>
        <pctVal>0.1137118496</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.680645200000</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>Healthcare Trust of America Holdings LP</name>
        <lei>549300IYGAS4GE6VDL07</lei>
        <title>HTA 3.5 08/01/26</title>
        <cusip>42225UAD6</cusip>
        <identifiers>
          <isin value="US42225UAD63"/>
          <ticker value="HTA26"/>
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        <balance>230000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>239857.78</valUSD>
        <pctVal>0.0469817530</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.500000000000</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>Healthcare Trust of America Holdings LP</name>
        <lei>549300IYGAS4GE6VDL07</lei>
        <title>HTA 3.1 02/15/30</title>
        <cusip>42225UAG9</cusip>
        <identifiers>
          <isin value="US42225UAG94"/>
          <ticker value="HTA/30"/>
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        <balance>260000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>257823.12</valUSD>
        <pctVal>0.0505006848</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.100000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Inter-American Development Bank</name>
        <lei>VKU1UKDS9E7LYLMACP54</lei>
        <title>IADB 7.5 12/05/24 GMTN</title>
        <cusip>U4582NGK4</cusip>
        <identifiers>
          <isin value="XS0300626479"/>
          <ticker value="70SN"/>
        </identifiers>
        <balance>42000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="0.052889"/>
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        <pctVal>0.4414104789</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>XX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>7.500000000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>INVITATION HOMES TRUST</name>
        <lei>N/A</lei>
        <title>IHSFR 2018-SFR4 A</title>
        <cusip>46187XAA3</cusip>
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          <isin value="US46187XAA37"/>
          <ticker value="IHSFR"/>
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        <balance>454387.67</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>456953.28</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-19</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.869712000000</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>Italy (Republic Of)</name>
        <lei>815600DE60799F5A9309</lei>
        <title>ITALY 2.875 10/17/29</title>
        <cusip>465410BY3</cusip>
        <identifiers>
          <isin value="US465410BY32"/>
          <ticker value="ITALY"/>
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        <balance>1125000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1067544.21</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.875000000000</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>Jackson National Life Global Funding</name>
        <lei>635400PQXLYXWJI5QD78</lei>
        <title>JACLIF 3.3 02/01/22 144A</title>
        <cusip>46849LTE1</cusip>
        <identifiers>
          <isin value="US46849LTE10"/>
          <ticker value="JACLIF"/>
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        <balance>240000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>246697.46</valUSD>
        <pctVal>0.0483214642</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.300000000000</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>DELL EQUIPMENT FINANCE TRUST</name>
        <lei>N/A</lei>
        <title>DEFT 2018-2 C</title>
        <cusip>24704DAJ9</cusip>
        <identifiers>
          <isin value="US24704DAJ90"/>
          <ticker value="DEFT"/>
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        <balance>325000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>333377.01</valUSD>
        <pctVal>0.0652996803</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-10-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.720000000000</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>Energy Transfer Operating L P</name>
        <lei>5493008K8W3OKZE54J59</lei>
        <title>ETP 3.6 02/01/23</title>
        <cusip>29273RAS8</cusip>
        <identifiers>
          <isin value="US29273RAS85"/>
          <ticker value="ETE/23B"/>
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        <balance>625000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>639832.4</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.600000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Energy Transfer Operating L P</name>
        <lei>5493008K8W3OKZE54J59</lei>
        <title>ETP 5.25 04/15/29</title>
        <cusip>29278NAG8</cusip>
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          <isin value="US29278NAG88"/>
          <ticker value="ET/29C"/>
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        <balance>190000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>213227.72</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000</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>Energy Transfer Operating L P</name>
        <lei>5493008K8W3OKZE54J59</lei>
        <title>ETP 4.5 04/15/24</title>
        <cusip>29278NAH6</cusip>
        <identifiers>
          <isin value="US29278NAH61"/>
          <ticker value="ET/24E"/>
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        <balance>150000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>159569.34</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>2024-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000</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>Keurig Dr Pepper Inc</name>
        <lei>DYTQ8KRTKO7Y2BVU5K74</lei>
        <title>KDP 3.551 05/25/21</title>
        <cusip>49271VAE0</cusip>
        <identifiers>
          <isin value="US49271VAE02"/>
          <ticker value="KDP21B"/>
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        <balance>225000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>229754.87</valUSD>
        <pctVal>0.0450028619</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.551000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Keurig Dr Pepper Inc</name>
        <lei>DYTQ8KRTKO7Y2BVU5K74</lei>
        <title>KDP 4.057 05/25/23</title>
        <cusip>49271VAG5</cusip>
        <identifiers>
          <isin value="US49271VAG59"/>
          <ticker value="KDP"/>
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        <balance>650000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>685114.18</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.057000000000</annualizedRt>
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      <invstOrSec>
        <name>Korea Development Bank</name>
        <lei>549300ML2LNRZUCS7149</lei>
        <title>KDB 3 03/19/22</title>
        <cusip>500630CV8</cusip>
        <identifiers>
          <isin value="US500630CV81"/>
          <ticker value="SXXB"/>
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        <balance>200000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>203830.08</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-03-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Lanark Master Issuer plc</name>
        <lei>213800KIOPB5OYXIVY33</lei>
        <title>LAN 2019-1A 1A1</title>
        <cusip>513770BB2</cusip>
        <identifiers>
          <isin value="US513770BB22"/>
          <ticker value="61QT"/>
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        <balance>433333.35</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>433858.98</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2069-12-22</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.919500700000</annualizedRt>
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      <invstOrSec>
        <name>MGM Growth Properties Operating Partnership LP/ MGP Escrow Co Issuer Inc.</name>
        <lei>549300U6G4UOCMLQK204</lei>
        <title>MGMGPO 5.75 02/01/27 144A</title>
        <cusip>55303XAG0</cusip>
        <identifiers>
          <isin value="US55303XAG07"/>
          <ticker value="MGMGPO"/>
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        <balance>220000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>245850</valUSD>
        <pctVal>0.0481554694</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.750000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>Marsh &amp; McLennan Companies, Inc.</name>
        <lei>549300XMP3KDCKJXIU47</lei>
        <title>MMC 1.979 03/21/30</title>
        <cusip>571748BM3</cusip>
        <identifiers>
          <isin value="XS1963837197"/>
          <ticker value="MMC"/>
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        <balance>510000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="1.121705"/>
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        <pctVal>0.1223231248</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-03-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.979000000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Enterprise Fleet Financing 2019-3</name>
        <lei>N/A</lei>
        <title>EFF 2019-3 A3</title>
        <cusip>29374WAC0</cusip>
        <identifiers>
          <isin value="US29374WAC01"/>
          <ticker value="EFF"/>
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        <balance>550000</balance>
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        <curCd>USD</curCd>
        <valUSD>548090.45</valUSD>
        <pctVal>0.1073563266</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.190000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Equinor ASA</name>
        <lei>OW6OFBNCKXC4US5C7523</lei>
        <title>EQNR 3.25 11/18/49</title>
        <cusip>29446MAC6</cusip>
        <identifiers>
          <isin value="US29446MAC64"/>
          <ticker value="EQNR49"/>
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        <balance>575000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>577725.58</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-11-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>The Estee Lauder Companies Inc.</name>
        <lei>549300VFZ8XJ9NUPU221</lei>
        <title>EL 2.375 12/01/29</title>
        <cusip>29736RAP5</cusip>
        <identifiers>
          <isin value="US29736RAP55"/>
          <ticker value="EL29"/>
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        <balance>230000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>229570.03</valUSD>
        <pctVal>0.0449666567</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.375000000000</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>Federal Home Loan Mortgage Corporation</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHMS K087 A2</title>
        <cusip>3137FKUP9</cusip>
        <identifiers>
          <isin value="US3137FKUP97"/>
          <ticker value="FHLMC"/>
        </identifiers>
        <balance>125000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>137158.23</valUSD>
        <pctVal>0.0268656455</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.771000000000</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>Master Credit Card Trust</name>
        <lei>549300G7G68IV2D8IM76</lei>
        <title>MCCT 2018-1A A</title>
        <cusip>576339BM6</cusip>
        <identifiers>
          <isin value="US576339BM61"/>
          <ticker value="MSTCCT"/>
        </identifiers>
        <balance>750000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>749776.88</valUSD>
        <pctVal>0.1468613284</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-22</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.051350000000</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>Nigeria (Federal Republic of)</name>
        <lei>549300GSBZD84TNEQ285</lei>
        <title>NGERIA 5.625 06/27/22</title>
        <cusip>65412AEK4</cusip>
        <identifiers>
          <isin value="US65412AEK43"/>
          <ticker value="NGERIA"/>
        </identifiers>
        <balance>575000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>597873.5</valUSD>
        <pctVal>0.1171075006</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>NG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-06-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.625000000000</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>Ontario (Province Of)</name>
        <lei>C7PVKCRGLG18EBQGZV36</lei>
        <title>ONT 2.65 02/05/25</title>
        <cusip>68323AER1</cusip>
        <identifiers>
          <isin value="CA68323AER10"/>
          <ticker value="ONT"/>
        </identifiers>
        <balance>750000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="0.77009"/>
        <valUSD>593811.37</valUSD>
        <pctVal>0.1163118375</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-02-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.650000000000</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>Republic of Panama</name>
        <lei>549300SHS4T08CL0LP14</lei>
        <title>PANAMA 3.16 01/23/30</title>
        <cusip>698299BK9</cusip>
        <identifiers>
          <isin value="US698299BK97"/>
          <ticker value="PANAMA"/>
        </identifiers>
        <balance>475000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>489250</valUSD>
        <pctVal>0.0958310490</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.160000000000</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>Penarth Master Issuer plc</name>
        <lei>213800F8FTNP3LEAW656</lei>
        <title>PENAR 2018-2A A1</title>
        <cusip>70659PAK7</cusip>
        <identifiers>
          <isin value="US70659PAK75"/>
          <ticker value="96MA"/>
        </identifiers>
        <balance>575000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>574729.75</valUSD>
        <pctVal>0.1125742562</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-09-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.165130000000</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>Plains All American Pipeline L.P./PAA Finance Corp.</name>
        <lei>5521FA2ITF25TVH63740</lei>
        <title>PAA 3.55 12/15/29</title>
        <cusip>72650RBM3</cusip>
        <identifiers>
          <isin value="US72650RBM34"/>
          <ticker value="PAA/29"/>
        </identifiers>
        <balance>625000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>615159.94</valUSD>
        <pctVal>0.1204934540</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.550000000000</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>Pricoa Global Funding I</name>
        <lei>635400IBXEBMD9ADYA79</lei>
        <title>PRU 2.4 09/23/24 144A</title>
        <cusip>74153WCL1</cusip>
        <identifiers>
          <isin value="US74153WCL19"/>
          <ticker value="PRU"/>
        </identifiers>
        <balance>425000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>427374.65</valUSD>
        <pctVal>0.0837113153</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-09-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.400000000000</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>PT Indonesia Asahan Aluminium (Persero)</name>
        <lei>2549008P48EB9SN2OI80</lei>
        <title>IDASAL 5.23 11/15/21 144A</title>
        <cusip>74445PAA0</cusip>
        <identifiers>
          <isin value="US74445PAA03"/>
          <ticker value="9WDB"/>
        </identifiers>
        <balance>225000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>235800</valUSD>
        <pctVal>0.0461869420</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.230000000000</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>Republic Services, Inc.</name>
        <lei>NKNQHM6BLECKVOQP7O46</lei>
        <title>RSG 2.5 08/15/24</title>
        <cusip>760759AU4</cusip>
        <identifiers>
          <isin value="US760759AU48"/>
          <ticker value="RSG24"/>
        </identifiers>
        <balance>260000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>262744.37</valUSD>
        <pctVal>0.0514646267</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.500000000000</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>Royal Bank of Scotland Group plc</name>
        <lei>2138005O9XJIJN4JPN90</lei>
        <title>RBS 3.875 09/12/23</title>
        <cusip>780097BD2</cusip>
        <identifiers>
          <isin value="US780097BD21"/>
          <ticker value="RBS23B"/>
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        <balance>840000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>879719.1</valUSD>
        <pctVal>0.1723135497</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-09-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.875000000000</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>Royal Bank of Canada</name>
        <lei>ES7IP3U3RHIGC71XBU11</lei>
        <title>RY 2.55 07/16/24 GMTN</title>
        <cusip>78013XZU5</cusip>
        <identifiers>
          <isin value="US78013XZU52"/>
          <ticker value="RY"/>
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        <balance>625000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>634055.21</valUSD>
        <pctVal>0.1241945343</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.550000000000</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>SABIC Capital II BV</name>
        <lei>2138005PCUTH59D4RJ83</lei>
        <title>SABIC 4 10/10/23 144A</title>
        <cusip>78520LAA8</cusip>
        <identifiers>
          <isin value="US78520LAA89"/>
          <ticker value="SABIC"/>
        </identifiers>
        <balance>750000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>789375</valUSD>
        <pctVal>0.1546175459</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-10-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Saudi Arabian Oil Company</name>
        <lei>5586006WD91QHB7J4X50</lei>
        <title>ARAMCO 2.75 04/16/22 144A</title>
        <cusip>80414L2A2</cusip>
        <identifiers>
          <isin value="US80414L2A26"/>
          <ticker value="63VU"/>
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        <balance>250000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>252693.15</valUSD>
        <pctVal>0.0494958603</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-04-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.750000000000</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>SILVER ARROW CANADA LP</name>
        <lei>N/A</lei>
        <title>SAC 2019-1A A3</title>
        <cusip>827314AL9</cusip>
        <identifiers>
          <isin value="CA827314AL95"/>
          <ticker value="SAC"/>
        </identifiers>
        <balance>675000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="0.77009"/>
        <valUSD>519342.73</valUSD>
        <pctVal>0.1017254136</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.399000000000</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>Freddie Mac Seasoned Credit Risk Transfer Trust</name>
        <lei>N/A</lei>
        <title>SCRT 2018-4 M55D</title>
        <cusip>35563PHK8</cusip>
        <identifiers>
          <isin value="US35563PHK84"/>
          <ticker value="SCRT"/>
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        <balance>511022.6</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>540061.46</valUSD>
        <pctVal>0.1057836612</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-03-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>Freddie Mac Seasoned Credit Risk Transfer Trust</name>
        <lei>N/A</lei>
        <title>SCRT 2019-1 MA</title>
        <cusip>35563PJF7</cusip>
        <identifiers>
          <isin value="US35563PJF71"/>
          <ticker value="SCRT"/>
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        <balance>741848.17</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>765320.91</valUSD>
        <pctVal>0.1499059901</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.500000000000</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>Southern California Edison Company</name>
        <lei>9R1Z5I36FERIBVKW4P77</lei>
        <title>EIX 2.85 08/01/29</title>
        <cusip>842400GS6</cusip>
        <identifiers>
          <isin value="US842400GS60"/>
          <ticker value="EIX"/>
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        <balance>600000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>598565.69</valUSD>
        <pctVal>0.1172430822</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.850000000000</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>Southern Copper Corporation</name>
        <lei>2549007U6NAP46Q9TU15</lei>
        <title>SCCO 5.875 04/23/45</title>
        <cusip>84265VAJ4</cusip>
        <identifiers>
          <isin value="US84265VAJ44"/>
          <ticker value="SCCO45"/>
        </identifiers>
        <balance>190000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>237542.17</valUSD>
        <pctVal>0.0465281867</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-04-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.875000000000</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>STARWOOD WAYPOINT HOMES TRUST</name>
        <lei>N/A</lei>
        <title>SWH 2017-1 A</title>
        <cusip>85572MAA8</cusip>
        <identifiers>
          <isin value="US85572MAA80"/>
          <ticker value="SWH"/>
        </identifiers>
        <balance>1173299.09</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1171020.19</valUSD>
        <pctVal>0.2293716775</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-22</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.716000500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Steel Dynamics, Inc.</name>
        <lei>549300HGGKEL4FYTTQ83</lei>
        <title>STLD 3.45 04/15/30</title>
        <cusip>858119BK5</cusip>
        <identifiers>
          <isin value="US858119BK53"/>
          <ticker value="STLD"/>
        </identifiers>
        <balance>200000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>202071.87</valUSD>
        <pctVal>0.0395804993</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.450000000000</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>Federal Home Loan Mortgage Corporation</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>SLST 2018-2 A1</title>
        <cusip>35564CAN7</cusip>
        <identifiers>
          <isin value="US35564CAN74"/>
          <ticker value="FHLMC"/>
        </identifiers>
        <balance>542704.57</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>561690.6</valUSD>
        <pctVal>0.1100202339</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.500000000000</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>Federal Home Loan Mortgage Corporation</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>SLST 2019-2 A1C</title>
        <cusip>35564CCZ8</cusip>
        <identifiers>
          <isin value="US35564CCZ86"/>
          <ticker value="FHLMC"/>
        </identifiers>
        <balance>610925.49</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>614763.14</valUSD>
        <pctVal>0.1204157314</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.750000000000</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>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>G2 766537</title>
        <cusip>36176HLS1</cusip>
        <identifiers>
          <isin value="US36176HLS12"/>
          <ticker value="GNR"/>
        </identifiers>
        <balance>121361.86</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>122020.38</valUSD>
        <pctVal>0.0239005437</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-07-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>N/A</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>GM Financial Automobile Leasing Trust 2018-3</name>
        <lei>N/A</lei>
        <title>GMALT 2018-3 C</title>
        <cusip>36256GAG4</cusip>
        <identifiers>
          <isin value="US36256GAG47"/>
          <ticker value="GMALT"/>
        </identifiers>
        <balance>400000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>405669.84</valUSD>
        <pctVal>0.0794599209</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-07-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.700000000000</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>TESLA AUTO LEASE TRUST</name>
        <lei>N/A</lei>
        <title>TESLA 2019-A B</title>
        <cusip>88165GAE0</cusip>
        <identifiers>
          <isin value="US88165GAE08"/>
        </identifiers>
        <balance>1000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>996401</valUSD>
        <pctVal>0.1951684273</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-12-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.410000000000</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>Tricon American Homes Trust</name>
        <lei>N/A</lei>
        <title>TAH 2019-SFR1 A</title>
        <cusip>89612LAA4</cusip>
        <identifiers>
          <isin value="US89612LAA44"/>
          <ticker value="TAH"/>
        </identifiers>
        <balance>575000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>575790.74</valUSD>
        <pctVal>0.1127820759</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-03-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.750000000000</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>U.S. Bancorp</name>
        <lei>N1GZ7BBF3NP8GI976H15</lei>
        <title>USB 2.4 07/30/24</title>
        <cusip>91159HHX1</cusip>
        <identifiers>
          <isin value="US91159HHX17"/>
          <ticker value="USB24D"/>
        </identifiers>
        <balance>600000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>607645.87</valUSD>
        <pctVal>0.1190216477</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.400000000000</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>United States Treasury Bills</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>B 0 04/16/20</title>
        <cusip>912796TR0</cusip>
        <identifiers>
          <isin value="US912796TR02"/>
          <ticker value="B"/>
        </identifiers>
        <balance>930000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>925870.5</valUSD>
        <pctVal>0.1813533802</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-04-16</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>N/A</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>Ghana, Republic of</name>
        <lei>213800PP4399SNNXZ126</lei>
        <title>GHANA 7.875 03/26/27 144A</title>
        <cusip>37443GAA9</cusip>
        <identifiers>
          <isin value="US37443GAA94"/>
          <ticker value="63GO"/>
        </identifiers>
        <balance>300000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>315023.4</valUSD>
        <pctVal>0.0617046968</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.875000000000</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>Hewlett Packard Enterprise Company</name>
        <lei>549300BX44RGX6ANDV88</lei>
        <title>HPE 2.25 04/01/23</title>
        <cusip>42824CBE8</cusip>
        <identifiers>
          <isin value="US42824CBE84"/>
          <ticker value="HPQ23"/>
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        <balance>625000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>623968.21</valUSD>
        <pctVal>0.1222187596</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.250000000000</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>United States Treasury Notes</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 2.125 12/31/21</title>
        <cusip>912828G87</cusip>
        <identifiers>
          <isin value="US912828G872"/>
          <ticker value="T"/>
        </identifiers>
        <balance>3494000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3529636.98</valUSD>
        <pctVal>0.6913619100</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.125000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>United States Treasury Notes</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 1.25 01/31/20</title>
        <cusip>912828H52</cusip>
        <identifiers>
          <isin value="US912828H524"/>
          <ticker value="T"/>
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        <balance>1300000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1299581.86</valUSD>
        <pctVal>0.2545534858</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.250000000000</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>Japan Bank for International Cooperation</name>
        <lei>549300TJ3QFYVCTSCJ29</lei>
        <title>JBIC 3.375 10/31/23</title>
        <cusip>471048BU1</cusip>
        <identifiers>
          <isin value="US471048BU18"/>
          <ticker value="JBIC"/>
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        <balance>1500000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1576724.9</valUSD>
        <pctVal>0.3088384286</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-10-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.375000000000</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>MBARC Credit Canada</name>
        <lei>549300T0LAPKEKVWBV33</lei>
        <title>SALC 2019-AA A3</title>
        <cusip>552755BM1</cusip>
        <identifiers>
          <isin value="CA552755BM10"/>
          <ticker value="SALC"/>
        </identifiers>
        <balance>625000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="0.77009"/>
        <valUSD>484463.44</valUSD>
        <pctVal>0.0948934894</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-10-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.715000000000</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>Morgan Stanley</name>
        <lei>N/A</lei>
        <title>MSC 2019-L2 A3</title>
        <cusip>61768HAV8</cusip>
        <identifiers>
          <isin value="US61768HAV87"/>
          <ticker value="MS"/>
        </identifiers>
        <balance>775000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>843949.04</valUSD>
        <pctVal>0.1653071473</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.806000000000</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>Nyt Mortgage Trust</name>
        <lei>N/A</lei>
        <title>NYT 2019-NYT A</title>
        <cusip>62954PAA8</cusip>
        <identifiers>
          <isin value="US62954PAA84"/>
          <ticker value="NYT"/>
        </identifiers>
        <balance>550000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>551379.57</valUSD>
        <pctVal>0.1080005776</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.870322600000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>United States Treasury Notes</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 1.125 07/31/21</title>
        <cusip>912828S76</cusip>
        <identifiers>
          <isin value="US912828S760"/>
          <ticker value="T"/>
        </identifiers>
        <balance>22597000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>22423469.73</valUSD>
        <pctVal>4.3921607089</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-07-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.125000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>United States Treasury Notes</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 2 11/15/26</title>
        <cusip>912828U24</cusip>
        <identifiers>
          <isin value="US912828U246"/>
          <ticker value="T"/>
        </identifiers>
        <balance>1945000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1965221.41</valUSD>
        <pctVal>0.3849345514</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>United Health Group Incorporated</name>
        <lei>549300GHBMY8T5GXDE41</lei>
        <title>UNH 2.875 08/15/29</title>
        <cusip>91324PDS8</cusip>
        <identifiers>
          <isin value="US91324PDS83"/>
          <ticker value="UNH29"/>
        </identifiers>
        <balance>160000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>164440.39</valUSD>
        <pctVal>0.0322094943</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.875000000000</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>VERIZON OWNER TRUST</name>
        <lei>549300DBBHVB9QKK8Q94</lei>
        <title>VZOT 2018-A C</title>
        <cusip>92348XAD7</cusip>
        <identifiers>
          <isin value="US92348XAD75"/>
          <ticker value="VZOT"/>
        </identifiers>
        <balance>1250000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1280283.5</valUSD>
        <pctVal>0.2507734509</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-04-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.550000000000</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>Wells Fargo Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>WFCM 2019-C51 A4</title>
        <cusip>95001VAU4</cusip>
        <identifiers>
          <isin value="US95001VAU44"/>
          <ticker value="WFCM"/>
        </identifiers>
        <balance>585000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>614378.47</valUSD>
        <pctVal>0.1203403848</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-06-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.311000000000</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>World Omni Automobile Lease Securitization Tr 2018-B</name>
        <lei>549300JMLWTKGTW3CW74</lei>
        <title>WOLS 2018-B A4</title>
        <cusip>98162CAE1</cusip>
        <identifiers>
          <isin value="US98162CAE12"/>
          <ticker value="WOLS"/>
        </identifiers>
        <balance>800000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>813124.48</valUSD>
        <pctVal>0.1592694367</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.300000000000</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>Xcel Energy Inc</name>
        <lei>LGJNMI9GH8XIDG5RCM61</lei>
        <title>XEL 3.5 12/01/49</title>
        <cusip>98389BAX8</cusip>
        <identifiers>
          <isin value="US98389BAX82"/>
          <ticker value="XEL"/>
        </identifiers>
        <balance>400000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>405279.02</valUSD>
        <pctVal>0.0793833697</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.500000000000</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>10 YEAR TREASURY OPTION FUTURE</name>
        <lei>N/A</lei>
        <title>02/01/2020</title>
        <cusip>99TYG0C15</cusip>
        <identifiers>
          <other otherDesc="In-House" value="99TYG0C15"/>
        </identifiers>
        <balance>157</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>117750</valUSD>
        <pctVal>0.0230640900</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DO</assetCat>
        <issuerConditional desc="Purchased option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <debtSec>
          <maturityDt>2020-01-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS &amp; CO</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>U.S. 10 Year Treasury Futures Call Option</issuerName>
                <issueTitle>U.S. 10 Year Treasury Futures Call Option</issueTitle>
                <identifiers>
                  <cusip value="99TYG0C15"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>157</shareNo>
            <exercisePrice>129.500000000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2020-02-20</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>117750</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PNC Bank, National Association</name>
        <lei>AD6GFRVSDT01YPT1CS68</lei>
        <title>PNC V2.232 07/22/22 BKNT</title>
        <cusip>69353RFP8</cusip>
        <identifiers>
          <isin value="US69353RFP82"/>
          <ticker value="PNC"/>
        </identifiers>
        <balance>600000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>602027.59</valUSD>
        <pctVal>0.1179211763</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-07-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.232000000000</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>Paypal Holdings Incorporation</name>
        <lei>5493005X2GO78EFZ3E94</lei>
        <title>PYPL 2.4 10/01/24</title>
        <cusip>70450YAC7</cusip>
        <identifiers>
          <isin value="US70450YAC75"/>
          <ticker value="PYPL"/>
        </identifiers>
        <balance>500000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>504649.04</valUSD>
        <pctVal>0.0988473110</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.400000000000</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>10 YEAR TREASURY OPTION FUTURE</name>
        <lei>N/A</lei>
        <title>02/01/2020</title>
        <cusip>99TYG0P11</cusip>
        <identifiers>
          <other otherDesc="In-House" value="99TYG0P11"/>
        </identifiers>
        <balance>-157</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-51515.63</valUSD>
        <pctVal>-0.0100905403</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>DO</assetCat>
        <issuerConditional desc="Written option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <debtSec>
          <maturityDt>2020-01-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS &amp; CO</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>U.S. 10 Year Treasury Futures Put Option</issuerName>
                <issueTitle>U.S. 10 Year Treasury Futures Put Option</issueTitle>
                <identifiers>
                  <cusip value="99TYG0P11"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>157</shareNo>
            <exercisePrice>126.500000000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2020-02-20</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-51516</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>US LONG BOND OPTION FUTURES</name>
        <lei>N/A</lei>
        <title>02/01/2020</title>
        <cusip>99USG0P12</cusip>
        <identifiers>
          <other otherDesc="In-House" value="99USG0P12"/>
        </identifiers>
        <balance>-48</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-14250</valUSD>
        <pctVal>-0.0027911956</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>DO</assetCat>
        <issuerConditional desc="Written option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <debtSec>
          <maturityDt>2020-01-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS &amp; CO</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>U.S. Long Bond Futures Put Option</issuerName>
                <issueTitle>U.S. Long Bond Futures Put Option</issueTitle>
                <identifiers>
                  <cusip value="99USG0P12"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>48</shareNo>
            <exercisePrice>153.000000000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2020-02-20</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-14250</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Permanent Master Issuer Plc</name>
        <lei>213800MVYG7MLQM2LF25</lei>
        <title>PERMM 2019-1A 1A1</title>
        <cusip>71419GAY6</cusip>
        <identifiers>
          <isin value="US71419GAY61"/>
          <ticker value="80AT"/>
        </identifiers>
        <balance>600000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>599863.8</valUSD>
        <pctVal>0.1174973474</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-07-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>N/A</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>Petrobras Global Finance B.V.</name>
        <lei>549300FNENFFSMO3GT38</lei>
        <title>PETBRA 5.093 01/15/30 144A</title>
        <cusip>71647NBF5</cusip>
        <identifiers>
          <isin value="US71647NBF50"/>
          <ticker value="PETBRA"/>
        </identifiers>
        <balance>164000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>175727.64</valUSD>
        <pctVal>0.0344203660</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.093000000000</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>EQUATE Petrochemical B.V.</name>
        <lei>635400Y3Z5R4NJSMQ630</lei>
        <title>EQPTRC 3 03/03/22 REGS</title>
        <cusip>N30420AB4</cusip>
        <identifiers>
          <isin value="XS1513739927"/>
          <ticker value="EQPTRC"/>
        </identifiers>
        <balance>200000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>200788</valUSD>
        <pctVal>0.0393290233</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-03-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</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>NETHERLANDS</name>
        <lei>N/A</lei>
        <title>UNSECURED EURO ZONE NOTES</title>
        <cusip>AM2066182</cusip>
        <identifiers>
          <isin value="NL0012171458"/>
          <ticker value="NETHER"/>
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        <balance>1625000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1953405.67</valUSD>
        <pctVal>0.3826201625</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.75</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>Pfizer Inc.</name>
        <lei>765LHXWGK1KXCLTFYQ30</lei>
        <title>PFE 2.95 03/15/24</title>
        <cusip>717081ES8</cusip>
        <identifiers>
          <isin value="US717081ES88"/>
          <ticker value="PFE24A"/>
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        <balance>110000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>114134.92</valUSD>
        <pctVal>0.0223559921</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.950000000000</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>Pfizer Inc.</name>
        <lei>765LHXWGK1KXCLTFYQ30</lei>
        <title>PFE 3.45 03/15/29</title>
        <cusip>717081ET6</cusip>
        <identifiers>
          <isin value="US717081ET61"/>
          <ticker value="PFE29"/>
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        <balance>105000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>113000.62</valUSD>
        <pctVal>0.0221338129</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.450000000000</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>SCF EQUIPMENT LEASING LLC</name>
        <lei>N/A</lei>
        <title>SCFET 2019-1A A2</title>
        <cusip>78397AAB0</cusip>
        <identifiers>
          <isin value="US78397AAB08"/>
          <ticker value="SCFET"/>
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        <balance>250000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>251694.7</valUSD>
        <pctVal>0.0493002905</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-10-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.230000000000</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>SBA Tower Trust</name>
        <lei>N/A</lei>
        <title>SBATOW 2.836 01/15/25 144A</title>
        <cusip>78403DAN0</cusip>
        <identifiers>
          <isin value="US78403DAN03"/>
          <ticker value="SBAC"/>
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        <balance>600000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>605852.34</valUSD>
        <pctVal>0.1186703430</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.836000000000</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>Egypt (Arab Republic of)</name>
        <lei>529900GFIVH4086NMH82</lei>
        <title>EGYPT 6.125 01/31/22 REGS</title>
        <cusip>M1487WBQ7</cusip>
        <identifiers>
          <isin value="XS1558077845"/>
          <ticker value="EGYPT"/>
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        <balance>200000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>208200.4</valUSD>
        <pctVal>0.0407809152</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.125000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ARGENTINA (REPUBLIC OF)</name>
        <lei>549300KPBYGYF7HCHO27</lei>
        <title>UNSECURED ARS NOTES</title>
        <cusip>AN0758861</cusip>
        <identifiers>
          <isin value="ARARGE3203R1"/>
          <ticker value="ARGB0N"/>
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        <balance>3215000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>34269.57</valUSD>
        <pctVal>0.0067124964</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-04-03</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>61.94</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>Ghana, Republic of</name>
        <lei>213800PP4399SNNXZ126</lei>
        <title>GHGB 19.75 03/15/32 15Y</title>
        <cusip>V3R60FCC6</cusip>
        <identifiers>
          <isin value="GHGGOG044751"/>
          <ticker value="GHANA"/>
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        <balance>3873000</balance>
        <units>NS</units>
        <currencyConditional curCd="GHS" exchangeRt="0.175439"/>
        <valUSD>615834.26</valUSD>
        <pctVal>0.1206255353</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>19.750000000000</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>
      <invstOrSec>
        <name>France (Republic Of)</name>
        <lei>969500KCGF3SUYJHPV70</lei>
        <title>FRTR 2 05/25/48</title>
        <cusip>F43750JK9</cusip>
        <identifiers>
          <isin value="FR0013257524"/>
          <ticker value="ETANF"/>
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        <balance>2255000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="1.121705"/>
        <valUSD>3248717.67</valUSD>
        <pctVal>0.6363372964</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.000000000000</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>GHANA (REPUBLIC OF)</name>
        <lei>213800PP4399SNNXZ126</lei>
        <title>SENIOR UNSECURED NOTES</title>
        <cusip>AN7522831</cusip>
        <identifiers>
          <isin value="GHGGOG045386"/>
          <ticker value="GHGB"/>
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        <balance>110000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>19435.46</valUSD>
        <pctVal>0.0038068892</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>18.5</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>Veon Holdings B.V.</name>
        <lei>5493000XDKGUH5NQGE22</lei>
        <title>VIP 3.95 06/16/21 REGS</title>
        <cusip>N9353VAH3</cusip>
        <identifiers>
          <isin value="XS1625994022"/>
          <ticker value="0BCA"/>
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        <balance>600000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>609120</valUSD>
        <pctVal>0.1193103906</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-06-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.950000000000</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>Republic of Finland</name>
        <lei>743700M6Y2OQRVSBRD14</lei>
        <title>RFGB 0.5 09/15/27</title>
        <cusip>X8T03RBC6</cusip>
        <identifiers>
          <isin value="FI4000278551"/>
          <ticker value="SVAO050027"/>
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        <balance>750000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="1.121705"/>
        <valUSD>879324.73</valUSD>
        <pctVal>0.1722363031</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>FI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.500000000000</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>France (Republic Of)</name>
        <lei>969500KCGF3SUYJHPV70</lei>
        <title>FRTR 0 03/25/23</title>
        <cusip>F43750JL7</cusip>
        <identifiers>
          <isin value="FR0013283686"/>
          <ticker value="FRTR"/>
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        <balance>2750000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="1.121705"/>
        <valUSD>3137850.92</valUSD>
        <pctVal>0.6146214519</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-03-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>N/A</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SILVER ARROW CANADA LP</name>
        <lei>N/A</lei>
        <title>SAC 2018-1A A3</title>
        <cusip>827314AE5</cusip>
        <identifiers>
          <isin value="CA827314AE52"/>
          <ticker value="SAC"/>
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        <balance>925000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="0.77009"/>
        <valUSD>722284.28</valUSD>
        <pctVal>0.1414762601</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.165000000000</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>Sinopec Group Overseas Development (2018) Limited</name>
        <lei>549300C6OZZ8LTVR8209</lei>
        <title>SINOPE 2.5 08/08/24 144A</title>
        <cusip>82939GAF5</cusip>
        <identifiers>
          <isin value="US82939GAF54"/>
          <ticker value="SINOPE"/>
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        <balance>975000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>977916.66</valUSD>
        <pctVal>0.1915478373</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-08-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.500000000000</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>Infraestructura Energetica Nova S.A.B. de C.V.</name>
        <lei>715K4H1JYF3O6JOK1411</lei>
        <title>IENOVA 4.875 01/14/48 REGS</title>
        <cusip>P56145AB4</cusip>
        <identifiers>
          <isin value="USP56145AB40"/>
          <ticker value="IENOVA"/>
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        <balance>200000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>190500</valUSD>
        <pctVal>0.0373138781</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-01-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.875000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kenya (Republic of)</name>
        <lei>549300VVURQQYU45PR87</lei>
        <title>KENINT 7.25 02/28/28 REGS</title>
        <cusip>V50249AB3</cusip>
        <identifiers>
          <isin value="XS1781710543"/>
          <ticker value="KENGB"/>
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        <balance>325000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>352987.05</valUSD>
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        <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>7.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Democratic Socialist Republic of Sri Lanka</name>
        <lei>N/A</lei>
        <title>SRILAN 6.85 03/14/24 144A</title>
        <cusip>85227SAY2</cusip>
        <identifiers>
          <isin value="US85227SAY28"/>
          <ticker value="SRILAN"/>
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        <balance>225000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>227799.95</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>LK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.850000000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Turkey (Republic of)</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
        <title>TURKEY 5.6 11/14/24</title>
        <cusip>900123CW8</cusip>
        <identifiers>
          <isin value="US900123CW86"/>
          <ticker value="TURKEY"/>
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        <balance>625000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>635807.5</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>2024-11-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.600000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>United States Treasury Notes</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 1.375 01/31/21</title>
        <cusip>912828N89</cusip>
        <identifiers>
          <isin value="US912828N894"/>
          <ticker value="T"/>
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        <balance>6475000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6456379.97</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.375000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>United States Treasury Notes</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 1.125 09/30/21</title>
        <cusip>912828T34</cusip>
        <identifiers>
          <isin value="US912828T347"/>
          <ticker value="T"/>
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        <balance>3091000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3065322.72</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.125000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>United States Treasury Notes</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 2.625 07/15/21</title>
        <cusip>912828Y20</cusip>
        <identifiers>
          <isin value="US912828Y206"/>
          <ticker value="T"/>
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        <balance>3359000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3410646.67</valUSD>
        <pctVal>0.6680548763</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.625000000000</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>United States Treasury Notes</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 1.5 08/31/21</title>
        <cusip>912828YC8</cusip>
        <identifiers>
          <isin value="US912828YC87"/>
          <ticker value="T"/>
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        <balance>8096000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8081490.03</valUSD>
        <pctVal>1.5829487321</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-08-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Senegal (Republic of)</name>
        <lei>549300NP14ZLQGWIUZ97</lei>
        <title>SENEGL 4.75 03/13/28 144A</title>
        <cusip>AR4942801</cusip>
        <identifiers>
          <isin value="XS1790105180"/>
          <ticker value="SENEGL"/>
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        <balance>215000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="1.121705"/>
        <valUSD>253945.03</valUSD>
        <pctVal>0.0497410702</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>SN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.750000000000</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>Ghana, Republic of</name>
        <lei>213800PP4399SNNXZ126</lei>
        <title>GHGB 16.5 03/22/21 3Y</title>
        <cusip>V3R60FCQ5</cusip>
        <identifiers>
          <isin value="GHGGOG048935"/>
          <ticker value="GHANA"/>
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        <balance>400000</balance>
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        <currencyConditional curCd="GHS" exchangeRt="0.175439"/>
        <valUSD>68568.99</valUSD>
        <pctVal>0.0134308395</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-03-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>16.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>United States Treasury Notes</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 1.5 09/30/21</title>
        <cusip>912828YJ3</cusip>
        <identifiers>
          <isin value="US912828YJ31"/>
          <ticker value="T"/>
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        <balance>8357000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8342169</valUSD>
        <pctVal>1.6340088019</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>United Health Group Incorporated</name>
        <lei>549300GHBMY8T5GXDE41</lei>
        <title>UNH 2.375 08/15/24</title>
        <cusip>91324PDR0</cusip>
        <identifiers>
          <isin value="US91324PDR01"/>
          <ticker value="UNH24A"/>
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        <balance>325000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>329014.29</valUSD>
        <pctVal>0.0644451396</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.375000000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Western Midstream Operating LP</name>
        <lei>L6D8A6MLSY454J2JXJ60</lei>
        <title>WES 4.65 07/01/26</title>
        <cusip>958254AF1</cusip>
        <identifiers>
          <isin value="US958254AF13"/>
          <ticker value="WGP/26"/>
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        <balance>290000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>296677.85</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ghana, Republic of</name>
        <lei>213800PP4399SNNXZ126</lei>
        <title>GHGB 19.75 03/25/24 7YR</title>
        <cusip>V3R60FCD4</cusip>
        <identifiers>
          <isin value="GHGGOG044744"/>
          <ticker value="GHANA"/>
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        <balance>970000</balance>
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        <currencyConditional curCd="GHS" exchangeRt="0.175439"/>
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        <pctVal>0.0318368178</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>19.750000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ING Groep N.V.</name>
        <lei>549300NYKK9MWM7GGW15</lei>
        <title>INTNED V3 04/11/28 Emtn</title>
        <cusip>N4578EEP9</cusip>
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          <isin value="XS1590823859"/>
          <ticker value="INTNED"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-11</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Banque Ouest Africaine de Developpement</name>
        <lei>529900LIZJABE4JJS826</lei>
        <title>BOAD 5 07/27/27 REGS</title>
        <cusip>V0956YAB1</cusip>
        <identifiers>
          <isin value="XS1650033571"/>
          <ticker value="BOAD"/>
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        <balance>550000</balance>
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        <curCd>USD</curCd>
        <valUSD>582945</valUSD>
        <pctVal>0.1141834049</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>XX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</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>
      <invstOrSec>
        <name>Argentina (Republic of)</name>
        <lei>549300KPBYGYF7HCHO27</lei>
        <title>ARGTES 18.2 10/03/21</title>
        <cusip>P8S090LT1</cusip>
        <identifiers>
          <isin value="ARARGE3202H4"/>
          <ticker value="TO21"/>
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        <issuerCat>NUSS</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ARGENTINA (REPUBLIC OF)</name>
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          <isin value="ARARGE3204M0"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ARGENTINA (REPUBLIC OF)</name>
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          <isin value="ARARGE320622"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SINGAPORE (REPUBLIC OF)</name>
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        <cusip>AS3039433</cusip>
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        <assetCat>DBT</assetCat>
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        <invCountry>SG</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>GHANA (REPUBLIC OF)</name>
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        <cusip>AQ6551883</cusip>
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          <isin value="GHGGOG047903"/>
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        <curCd>USD</curCd>
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        <invCountry>GH</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-06-06</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ghana, Republic of</name>
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          <isin value="GHGGOG048331"/>
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        <currencyConditional curCd="GHS" exchangeRt="0.175439"/>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>GH</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-02-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>16.500000000000</annualizedRt>
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      <invstOrSec>
        <name>GHANA (REPUBLIC OF)</name>
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        <cusip>AS7245564</cusip>
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          <isin value="GHGGOG049875"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GH</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Austria (Republic of)</name>
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          <isin value="AT0000A1ZGE4"/>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>AT</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-20</maturityDt>
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          <annualizedRt>0.750000000000</annualizedRt>
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        <name>Senegal (Republic of)</name>
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          <isin value="XS1790104530"/>
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        <invCountry>SN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.750000000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>ARGENTINA (REPUBLIC OF)</name>
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        <cusip>N/A</cusip>
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          <isin value="ARARGE3205N5"/>
          <ticker value="ARGCER"/>
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        <balance>716000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AR</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-03-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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      <invstOrSec>
        <name>Argentina (Republic of)</name>
        <lei>549300KPBYGYF7HCHO27</lei>
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          <ticker value="TO23"/>
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        <balance>42851000</balance>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>AR</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Argentina (Republic of)</name>
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        <invCountry>AR</invCountry>
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        <name>Japan (Government Of)</name>
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        <name>Australia (Commonwealth of)</name>
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          <isin value="AU000XCLWAS7"/>
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        <invCountry>AU</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ARGENTINA (REPUBLIC OF)</name>
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          <isin value="ARARGE5206A8"/>
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        <invCountry>AR</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>African Export-Import Bank</name>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>XX</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>ARGENTINA (REPUBLIC OF)</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>AR</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>ARGENTINA (REPUBLIC OF)</name>
        <lei>549300KPBYGYF7HCHO27</lei>
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        <cusip>N/A</cusip>
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        <balance>3360950</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-08-27</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ARGENTINA (REPUBLIC OF)</name>
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          <isin value="ARARGE5206F7"/>
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        <curCd>USD</curCd>
        <valUSD>316392.04</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-04-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>68.44</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ARGENTINA (REPUBLIC OF)</name>
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          <isin value="ARARGE5206V4"/>
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        <balance>4491810</balance>
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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>
        <debtSec>
          <maturityDt>2020-10-29</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ARGENTINA (REPUBLIC OF)</name>
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        <cusip>N/A</cusip>
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          <isin value="ARARGE520858"/>
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        <balance>2839330</balance>
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        <curCd>USD</curCd>
        <valUSD>36397.53</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-02-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>194.74</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ARGENTINA (REPUBLIC OF)</name>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ARARGE520874"/>
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        <balance>1657030</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>20134.51</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-03-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>189.92</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Republic of Ecuador</name>
        <lei>5299003Y2U5XK0A35H71</lei>
        <title>ECUA 10.75 01/31/29 REGS</title>
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          <isin value="XS1929376710"/>
          <ticker value="ECUA"/>
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        <balance>575000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>560625</valUSD>
        <pctVal>0.1098115112</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>EC</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.750000000000</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>ARGENTINA (REPUBLIC OF)</name>
        <lei>549300KPBYGYF7HCHO27</lei>
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        <cusip>AX2686340</cusip>
        <identifiers>
          <isin value="ARARGE520718"/>
          <ticker value="ARGTB"/>
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        <balance>1061300</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>13818.9</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-05-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>68.78</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Indonesia (Republic of)</name>
        <lei>529900FWX0GRR7WG5W79</lei>
        <title>INDOGB 12.9 06/15/22 FR35</title>
        <cusip>Y39814DM0</cusip>
        <identifiers>
          <isin value="IDG000006602"/>
          <ticker value="INDON"/>
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        <balance>3887000000</balance>
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        <currencyConditional curCd="IDR" exchangeRt="0.000072"/>
        <valUSD>321483.88</valUSD>
        <pctVal>0.0629701328</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>12.900000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Driver Australia Six Trust</name>
        <lei>5493007C9FVSH2JKHQ64</lei>
        <title>DAOT 6 A</title>
        <cusip>Q744B9AB9</cusip>
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          <isin value="AU3FN0050589"/>
          <ticker value="DAOT"/>
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        <balance>846451.53</balance>
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        <currencyConditional curCd="AUD" exchangeRt="0.701749"/>
        <valUSD>593996.9</valUSD>
        <pctVal>0.1163481779</pctVal>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.758300000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Medtronic Global Holdings SCA</name>
        <lei>549300JXMTTP8GKYIX14</lei>
        <title>MDT 1.625 03/07/31</title>
        <cusip>58507LAJ8</cusip>
        <identifiers>
          <isin value="XS1960678412"/>
          <ticker value="MDT/31"/>
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        <balance>150000</balance>
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        <pctVal>0.0361259491</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.625000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ARGENTINA (REPUBLIC OF)</name>
        <lei>549300KPBYGYF7HCHO27</lei>
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        <cusip>AZ6534889</cusip>
        <identifiers>
          <isin value="ARARGE5207T6"/>
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        <balance>4954880</balance>
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        <curCd>USD</curCd>
        <valUSD>56758.94</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-04-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>168.27</annualizedRt>
          <isDefault>N</isDefault>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Japan (Government Of)</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JGBI 0.1 03/10/28 23</title>
        <cusip>J2S39KJ56</cusip>
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          <isin value="JP1120231J51"/>
          <ticker value="JGB"/>
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        <balance>549900000</balance>
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        <valUSD>5280199.92</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>0.100000000000</annualizedRt>
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      <invstOrSec>
        <name>Republic of Colombia</name>
        <lei>549300MHDRBVRF6B9117</lei>
        <title>COLTES 10 07/24/24 B</title>
        <cusip>P3772NBN1</cusip>
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          <isin value="COL17CT02385"/>
          <ticker value="TFIT16240724"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>10.000000000000</annualizedRt>
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      <invstOrSec>
        <name>ARGENTINA (REPUBLIC OF)</name>
        <lei>549300KPBYGYF7HCHO27</lei>
        <title>UNSECURED NOTES</title>
        <cusip>AZ8027411</cusip>
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          <isin value="ARARGE5207W0"/>
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        <curCd>USD</curCd>
        <valUSD>25915.97</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>116</annualizedRt>
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      <invstOrSec>
        <name>Mexico (United Mexican States)</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>MBONO 8 12/07/23 M</title>
        <cusip>P9767GWU1</cusip>
        <identifiers>
          <isin value="MX0MGO000003"/>
          <ticker value="M_BONOS_231207"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Belgium (Kingdom Of)</name>
        <lei>549300SZ25JZFHRHWD76</lei>
        <title>BGB 1.6 06/22/47 78</title>
        <cusip>B1124GGY1</cusip>
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          <isin value="BE0000338476"/>
          <ticker value="BESK"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-06-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.600000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Silverstone Master Issuer PLC</name>
        <lei>549300P6OXWKM20QS303</lei>
        <title>SMI 2019-1A 2A</title>
        <cusip>G8T62FAV8</cusip>
        <identifiers>
          <isin value="XS1966679893"/>
          <ticker value="64OH"/>
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        <balance>539400</balance>
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        <pctVal>0.1406352425</pctVal>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2070-01-21</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.460590000000</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>
      <invstOrSec>
        <name>Kreditanstalt Fur Wiederaufbau</name>
        <lei>549300GDPG70E3MBBU98</lei>
        <title>KFW 0.375 04/23/30 EMTN</title>
        <cusip>D4S46MCX1</cusip>
        <identifiers>
          <isin value="DE000A11QTF7"/>
          <ticker value="KW6Y"/>
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        <balance>1070000</balance>
        <units>NS</units>
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        <fairValLevel>2</fairValLevel>
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        <name>France (Republic Of)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Credit Agricole Home Loan SFH</name>
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        <name>Brazil (Federative Republic)</name>
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        <name>Brazil (Federative Republic)</name>
        <lei>254900ZFY40OYEADAP90</lei>
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          <isin value="BRSTNCNTF147"/>
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        <invCountry>BR</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Ghana, Republic of</name>
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        <invCountry>GH</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Ghana, Republic of</name>
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        <invCountry>GH</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Secretaria Tesouro Nacional</name>
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          <isin value="BRSTNCNTF170"/>
          <ticker value="BLTN"/>
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        <invCountry>BR</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-01-01</maturityDt>
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          <annualizedRt>10.000000000000</annualizedRt>
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        <name>Republic of Colombia</name>
        <lei>549300MHDRBVRF6B9117</lei>
        <title>COLTES 7.5 08/26/26 B</title>
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          <isin value="COL17CT02625"/>
          <ticker value="TFIT15260826"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CO</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Republic of Colombia</name>
        <lei>549300MHDRBVRF6B9117</lei>
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        <cusip>P6S34QCM2</cusip>
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          <isin value="COL17CT02864"/>
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        <invCountry>CO</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Spain (Kingdom of)</name>
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        <name>GHANA (REPUBLIC OF)</name>
        <lei>213800PP4399SNNXZ126</lei>
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          <isin value="GHGGOG047440"/>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>Indonesia (Republic of)</name>
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          <isin value="IDG000009002"/>
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        <name>Dp World Plc</name>
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        <invCountry>AE</invCountry>
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        <name>Germany (Federal Republic Of)</name>
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        <invCountry>DE</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Indonesia (Republic of)</name>
        <lei>529900FWX0GRR7WG5W79</lei>
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        <invCountry>ID</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Indonesia (Republic of)</name>
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      <invstOrSec>
        <name>Democratic Socialist Republic of Sri Lanka</name>
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          <isin value="USY2029SAF12"/>
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        <invCountry>LK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Mexico (United Mexican States)</name>
        <lei>254900EGTWEU67VP6075</lei>
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        <cusip>P4R0C9EJ8</cusip>
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          <isin value="MX0MGO0000Q0"/>
          <ticker value="MEX"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>INDIA (REPUBLIC OF)</name>
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          <isin value="IN0020150010"/>
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        <issuerCat>CORP</issuerCat>
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      <invstOrSec>
        <name>Japan (Government Of)</name>
        <lei>353800WZS8AXZXFUC241</lei>
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          <isin value="JP1120221H48"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-10</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>Japan (Government Of)</name>
        <lei>353800WZS8AXZXFUC241</lei>
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          <isin value="JP1748321K57"/>
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        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-05-20</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>N/A</annualizedRt>
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      <invstOrSec>
        <name>Development Bank of Kazakhstan JSC</name>
        <lei>213800LCDPGJ1BI7KX98</lei>
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          <isin value="XS0860582435"/>
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        <curCd>USD</curCd>
        <valUSD>208000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>KZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Ghana, Republic of</name>
        <lei>213800PP4399SNNXZ126</lei>
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          <isin value="XS0956935398"/>
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        <invCountry>GH</invCountry>
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        <name>JAPAN</name>
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        <issuerCat>UST</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <name>JAPAN</name>
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      <invstOrSec>
        <name>Japan (Government Of)</name>
        <lei>353800WZS8AXZXFUC241</lei>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Italy (Republic Of)</name>
        <lei>815600DE60799F5A9309</lei>
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          <isin value="IT0005086886"/>
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        <invCountry>IT</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>JAPAN</name>
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        <name>The Republic of Korea</name>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>2.000000000000</annualizedRt>
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        <securityLending>
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        <name>Banco Santander, S.A.</name>
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        <cusip>E2R99CV53</cusip>
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          <isin value="ES0413900558"/>
          <ticker value="SANTAN"/>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-09</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Engie</name>
        <lei>LAXUQCHT4FH58LRZDY46</lei>
        <title>ENGIFP V1.375 PERP</title>
        <cusip>F3R09RUQ1</cusip>
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          <ticker value="ENGAR"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2500-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.375000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ghana, Republic of</name>
        <lei>213800PP4399SNNXZ126</lei>
        <title>GHGB 24.75 03/01/21 5YR</title>
        <cusip>V3R60FBQ6</cusip>
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          <isin value="GHGGOG041880"/>
          <ticker value="GHANA"/>
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        <pctVal>0.0065681631</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>24.750000000000</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>Ghana, Republic of</name>
        <lei>213800PP4399SNNXZ126</lei>
        <title>GHGB 24.5 06/21/21 5YR</title>
        <cusip>V3R60FBT0</cusip>
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          <isin value="GHGGOG042631"/>
          <ticker value="GHANA"/>
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        <balance>50000</balance>
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        <currencyConditional curCd="GHS" exchangeRt="0.175439"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-06-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>24.500000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GHANA (REPUBLIC OF)</name>
        <lei>213800PP4399SNNXZ126</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GHGGOG042813"/>
          <ticker value="GHGB"/>
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        <balance>300000</balance>
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        <curCd>USD</curCd>
        <valUSD>56042.17</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-07-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>24.75</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ghana, Republic of</name>
        <lei>213800PP4399SNNXZ126</lei>
        <title>GHGB 19 11/02/26 10Y</title>
        <cusip>V3R60FBX1</cusip>
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          <isin value="GHGGOG043563"/>
          <ticker value="GHANA"/>
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        <balance>2890000</balance>
        <units>NS</units>
        <currencyConditional curCd="GHS" exchangeRt="0.175439"/>
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        <pctVal>0.0902551275</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>19.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>KOREA (REPUBLIC OF)</name>
        <lei>549300ML2LNRZUCS7149</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR103501G893"/>
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        <balance>6682000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5935030.65</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-09-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.25</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>KOREA (REPUBLIC OF)</name>
        <lei>549300ML2LNRZUCS7149</lei>
        <title>SENIOR UNSECURED NOTES</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR103501G992"/>
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        <balance>1574710000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1353961.15</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-09-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.38</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>European Union</name>
        <lei>529900FZRK8FGMPEOM08</lei>
        <title>EU 1.375 10/04/29 EMTN</title>
        <cusip>L3334EAY3</cusip>
        <identifiers>
          <isin value="EU000A1ZR7H3"/>
          <ticker value="EEC"/>
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        <balance>1900000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="1.121705"/>
        <valUSD>2394775.78</valUSD>
        <pctVal>0.4690728159</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>XX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.375000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Egypt (Arab Republic of)</name>
        <lei>529900GFIVH4086NMH82</lei>
        <title>EGYPT 4.75 04/16/26 REGS</title>
        <cusip>M1487WCS2</cusip>
        <identifiers>
          <isin value="XS1807306300"/>
          <ticker value="40BR"/>
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        <balance>200000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="1.121705"/>
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        <pctVal>0.0461944772</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.750000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ghana, Republic of</name>
        <lei>213800PP4399SNNXZ126</lei>
        <title>GHGB 21.5 03/09/20 3YR</title>
        <cusip>V3R60FCB8</cusip>
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          <isin value="GHGGOG044546"/>
          <ticker value="GHANA"/>
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        <balance>220000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-03-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>21.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ghana, Republic of</name>
        <lei>213800PP4399SNNXZ126</lei>
        <title>GHGB 18.25 07/25/22 5Y</title>
        <cusip>V3R60FCF9</cusip>
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          <isin value="GHGGOG045980"/>
          <ticker value="GHANA"/>
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        <balance>130000</balance>
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        <currencyConditional curCd="GHS" exchangeRt="0.175439"/>
        <valUSD>21518.25</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>18.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mexico (United Mexican States)</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>MBONO 6.5 06/10/21 M</title>
        <cusip>P9767HCU1</cusip>
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          <isin value="MX0MGO0000N7"/>
          <ticker value="MEX"/>
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        <balance>75750000</balance>
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        <currencyConditional curCd="MXN" exchangeRt="0.052889"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-06-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.500000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mexico (United Mexican States)</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>MBONO 7.25 12/09/21 M</title>
        <cusip>P4R07XUA2</cusip>
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          <isin value="MX0MGO000144"/>
          <ticker value="MEX"/>
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        <balance>39660000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-12-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.250000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Indonesia (Republic of)</name>
        <lei>529900FWX0GRR7WG5W79</lei>
        <title>INDOGB 10.25 07/15/22 FR43</title>
        <cusip>Y39814DY4</cusip>
        <identifiers>
          <isin value="IDG000007501"/>
          <ticker value="INDON"/>
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        <balance>257000000</balance>
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        <currencyConditional curCd="IDR" exchangeRt="0.000072"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.250000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Indonesia (Republic of)</name>
        <lei>529900FWX0GRR7WG5W79</lei>
        <title>INDOGB 10 02/15/28 FR47</title>
        <cusip>Y39814EE7</cusip>
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          <isin value="IDG000008004"/>
          <ticker value="INDON"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.000000000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ABN AMRO Bank N.V.</name>
        <lei>BFXS5XCH7N0Y05NIXW11</lei>
        <title>ABNANV 0.875 01/14/26</title>
        <cusip>N02598EK7</cusip>
        <identifiers>
          <isin value="XS1344751968"/>
          <ticker value="ABNANV"/>
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        <balance>700000</balance>
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        <valUSD>831319.49</valUSD>
        <pctVal>0.1628333547</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.875000000000</annualizedRt>
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        <name>Norway (Kingdom Of)</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <issuerCat>UST</issuerCat>
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        <name>India (Republic of)</name>
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          <isin value="IN0020070028"/>
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        <invCountry>IN</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>INDIA (REPUBLIC OF)</name>
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        <name>NORWAY(KINGDOM OF)</name>
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        <name>Ukraine (Republic of)</name>
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        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>United Kingdom of Great Britain and Northern Ireland</name>
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        <name>THAILAND (KINGDOM OF)</name>
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        <invCountry>TH</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Poland (Republic of)</name>
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      <invstOrSec>
        <name>Republic of Colombia</name>
        <lei>549300MHDRBVRF6B9117</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>CK Hutchison Finance (16) (II) Limited</name>
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        <isRestrictedSec>N</isRestrictedSec>

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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INDIA (REPUBLIC OF)</name>
        <lei>N/A</lei>
        <title>SENIOR UNSECURED INR NOTES</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IN0020130061"/>
          <ticker value="IGB"/>
        </identifiers>
        <balance>362000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5473959.25</valUSD>
        <pctVal>1.0722028763</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-11-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.83</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INDIA (REPUBLIC OF)</name>
        <lei>N/A</lei>
        <title>SENIOR UNSECURED INR NOTES</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IN0020160050"/>
          <ticker value="IGB"/>
        </identifiers>
        <balance>25000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>355746.13</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-12-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.84</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Italy (Republic Of)</name>
        <lei>815600DE60799F5A9309</lei>
        <title>BTPS 0.65 11/01/20</title>
        <cusip>T6247A4G8</cusip>
        <identifiers>
          <isin value="IT0005142143"/>
          <ticker value="ITALY"/>
        </identifiers>
        <balance>3925000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="1.121705"/>
        <valUSD>4434103.55</valUSD>
        <pctVal>0.8685228301</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.650000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Austria (Republic of)</name>
        <lei>529900QWWUI4XRVR7I03</lei>
        <title>RAGB 1.5 02/20/47</title>
        <cusip>A0654UAN1</cusip>
        <identifiers>
          <isin value="AT0000A1K9F1"/>
          <ticker value="AUST"/>
        </identifiers>
        <balance>575000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="1.121705"/>
        <valUSD>784354.18</valUSD>
        <pctVal>0.1536341009</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-02-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.500000000000</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>Takeda Pharmaceutical Company Limited</name>
        <lei>549300ZLMVP4X0OGR454</lei>
        <title>TACHEM 3 11/21/30 REGS</title>
        <cusip>J8129EAK4</cusip>
        <identifiers>
          <isin value="XS1843449395"/>
          <ticker value="SAJB"/>
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        <balance>475000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="1.121705"/>
        <valUSD>633384.13</valUSD>
        <pctVal>0.1240630876</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Hungary (Republic Of)</name>
        <lei>5299008DH62LEB10JK83</lei>
        <title>REPHUN 1.25 10/22/25</title>
        <cusip>X93622FK3</cusip>
        <identifiers>
          <isin value="XS1887498282"/>
          <ticker value="46EM"/>
        </identifiers>
        <balance>325000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="1.121705"/>
        <valUSD>387166.69</valUSD>
        <pctVal>0.0758356465</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>HU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Spain (Kingdom of)</name>
        <lei>9598007A56S18711AH60</lei>
        <title>SPGB 2.9 10/31/46</title>
        <cusip>E8922ABW9</cusip>
        <identifiers>
          <isin value="ES00000128C6"/>
          <ticker value="4SN2"/>
        </identifiers>
        <balance>4235000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="1.121705"/>
        <valUSD>6493311.97</valUSD>
        <pctVal>1.2718669345</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-10-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.900000000000</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>Republic of Chile</name>
        <lei>549300FLZTJM5YJF8D34</lei>
        <title>BTPCL 4.5 03/01/21</title>
        <cusip>P9T38EAS7</cusip>
        <identifiers>
          <isin value="CL0002269331"/>
          <ticker value="BTP0450321"/>
        </identifiers>
        <balance>860000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CLP" exchangeRt="0.00133"/>
        <valUSD>1178332.63</valUSD>
        <pctVal>0.2308039898</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000</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>Anglo American Capital PLC</name>
        <lei>TINT358G1SSHR3L3PW36</lei>
        <title>AALLN 1.625 03/11/26 EMtn</title>
        <cusip>G037626U3</cusip>
        <identifiers>
          <isin value="XS1962513674"/>
          <ticker value="94AW"/>
        </identifiers>
        <balance>260000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="1.121705"/>
        <valUSD>303208.7</valUSD>
        <pctVal>0.0593905116</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.625000000000</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>Ivory Coast Republic</name>
        <lei>254900ICW11T82O6H590</lei>
        <title>IVYCST 5.875 10/17/31 REGS</title>
        <cusip>V73789BG9</cusip>
        <identifiers>
          <isin value="XS2064786754"/>
          <ticker value="IVYCST"/>
        </identifiers>
        <balance>550000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="1.121705"/>
        <valUSD>640504.77</valUSD>
        <pctVal>0.1254578314</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.875000000000</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>Temasek Financial (I) Limited</name>
        <lei>549300XMGMDF3VRJMF12</lei>
        <title>TEMASE 1.25 11/20/49 GMTN</title>
        <cusip>Y8563UAD0</cusip>
        <identifiers>
          <isin value="XS2080786150"/>
          <ticker value="TEMASE"/>
        </identifiers>
        <balance>850000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="1.121705"/>
        <valUSD>970048.79</valUSD>
        <pctVal>0.1900067310</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>SG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-11-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>THAILAND (KINGDOM OF)</name>
        <lei>254900PHJ6MSKT6C7026</lei>
        <title>SENIOR UNSECURED NOTES</title>
        <cusip>Y0967LUG0</cusip>
        <identifiers>
          <isin value="TH065503U302"/>
        </identifiers>
        <balance>44831000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1498715.03</valUSD>
        <pctVal>0.2935583720</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-03-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.77</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>JSC National Company KazMunayGas</name>
        <lei>2138001H1M69RFJCSH88</lei>
        <title>KZOKZ 6.375 10/24/48 REGS</title>
        <cusip>Y44709AG1</cusip>
        <identifiers>
          <isin value="XS1807299331"/>
          <ticker value="42AI"/>
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        <balance>325000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>417813.5</valUSD>
        <pctVal>0.0818385406</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-10-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.375000000000</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>ENEL Finance International N.V.</name>
        <lei>0YQH6LCEF474UTUV4B96</lei>
        <title>ENELIM 0.375 06/17/27 EMTN</title>
        <cusip>N30706EJ5</cusip>
        <identifiers>
          <isin value="XS2066706909"/>
          <ticker value="ENELIM"/>
        </identifiers>
        <balance>575000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="1.121705"/>
        <valUSD>638289.34</valUSD>
        <pctVal>0.1250238876</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.375000000000</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>Japan (Government Of)</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JGB 0.7 12/20/48 61</title>
        <cusip>J2S39KS98</cusip>
        <identifiers>
          <isin value="JP1300611K15"/>
          <ticker value="JGB"/>
        </identifiers>
        <balance>380000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="0.009203"/>
        <valUSD>3775938.48</valUSD>
        <pctVal>0.7396058162</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-12-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.700000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JAPAN</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>TREASURY BILLS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1748581K94"/>
        </identifiers>
        <balance>122000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1123970.99</valUSD>
        <pctVal>0.2201559919</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-09-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>-0.14</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>Egypt (Arab Republic of)</name>
        <lei>529900GFIVH4086NMH82</lei>
        <title>EGYPT 7.0529 01/15/32 REGS</title>
        <cusip>M1487WDD4</cusip>
        <identifiers>
          <isin value="XS2079842642"/>
          <ticker value="79AG"/>
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        <balance>250000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>261930</valUSD>
        <pctVal>0.0513051133</pctVal>
        <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>7.052900000000</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>Orange S.A.</name>
        <lei>969500MCOONR8990S771</lei>
        <title>ORAFP 0 09/04/26 EMTN</title>
        <cusip>F6861DKX7</cusip>
        <identifiers>
          <isin value="FR0013444676"/>
          <ticker value="ORACN"/>
        </identifiers>
        <balance>1000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="1.121705"/>
        <valUSD>1090342.12</valUSD>
        <pctVal>0.2135689916</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>N/A</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JAPAN</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>TREASURY BILLS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1748621KA5"/>
        </identifiers>
        <balance>136250000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1254475.78</valUSD>
        <pctVal>0.2457184057</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-04-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>-0.15</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JAPAN</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>TREASURY BILLS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1748631KA4"/>
        </identifiers>
        <balance>160000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1472658.85</valUSD>
        <pctVal>0.2884546601</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-01-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>-0.13</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>AT&amp;T Inc</name>
        <lei>549300Z40J86GGSTL398</lei>
        <title>T 0.25 03/04/26</title>
        <cusip>00206RJN3</cusip>
        <identifiers>
          <isin value="XS2051361264"/>
          <ticker value="T"/>
        </identifiers>
        <balance>370000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="1.121705"/>
        <valUSD>406383.26</valUSD>
        <pctVal>0.0795996609</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.250000000000</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>AT&amp;T Inc</name>
        <lei>549300Z40J86GGSTL398</lei>
        <title>T 1.8 09/14/39</title>
        <cusip>00206RJQ6</cusip>
        <identifiers>
          <isin value="XS2051362312"/>
          <ticker value="T"/>
        </identifiers>
        <balance>300000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="1.121705"/>
        <valUSD>320701</valUSD>
        <pctVal>0.0628167874</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-09-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.800000000000</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>DPL Inc.</name>
        <lei>N/A</lei>
        <title>AES 4.35 04/15/29 REGS</title>
        <cusip>U2605PAE6</cusip>
        <identifiers>
          <isin value="USU2605PAE61"/>
          <ticker value="AES"/>
        </identifiers>
        <balance>80000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>77297.21</valUSD>
        <pctVal>0.0151404654</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.350000000000</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>Philippines (Republic Of)</name>
        <lei>529900RAHBALMYIJ3T08</lei>
        <title>PHILIP 0.875 05/17/27 EMTN</title>
        <cusip>Y6972FZU7</cusip>
        <identifiers>
          <isin value="XS1991219442"/>
          <ticker value="PHILIP"/>
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        <balance>240000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="1.121705"/>
        <valUSD>273920.36</valUSD>
        <pctVal>0.0536537056</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.875000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JAPAN</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>TREASURY BILLS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1748651KA2"/>
        </identifiers>
        <balance>266000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2448390.86</valUSD>
        <pctVal>0.4795745826</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-01-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>-0.15</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JAPAN</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>TREASURY BILLS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1748721KB1"/>
        </identifiers>
        <balance>918150000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8452322.61</valUSD>
        <pctVal>1.6555849614</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-03-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>-0.15</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JAPAN</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>TREASURY BILLS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1748751KC6"/>
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        <balance>917800000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8452508.82</valUSD>
        <pctVal>1.6556214350</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-06-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>-0.15</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Ireland (Republic Of)</name>
        <lei>549300KXBEJAOJ9OVF93</lei>
        <title>IRISH 1 05/15/26</title>
        <cusip>G4R49GAG8</cusip>
        <identifiers>
          <isin value="IE00BV8C9418"/>
          <ticker value="IRELND"/>
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        <balance>1375000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="1.121705"/>
        <valUSD>1650897.64</valUSD>
        <pctVal>0.3233668935</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.000000000000</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>Italy (Republic Of)</name>
        <lei>815600DE60799F5A9309</lei>
        <title>BTPS 2.7 03/01/47</title>
        <cusip>T6247A5L6</cusip>
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          <isin value="IT0005162828"/>
          <ticker value="ITALY"/>
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        <balance>2675000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="1.121705"/>
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        <pctVal>0.6325502727</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.700000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>The Republic of Korea</name>
        <lei>549300O0QCVSQGPGDT58</lei>
        <title>KTB 3 09/10/24 2409</title>
        <cusip>Y7277FQM5</cusip>
        <identifiers>
          <isin value="KR103502G495"/>
          <ticker value="KOREA"/>
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        <balance>750000000</balance>
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        <currencyConditional curCd="KRW" exchangeRt="0.000865"/>
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        <pctVal>0.1356121050</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-09-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Australia (Commonwealth of)</name>
        <lei>213800J6B7JSBDETCB42</lei>
        <title>ACGB 2.25 05/21/28 149</title>
        <cusip>Q08184MW2</cusip>
        <identifiers>
          <isin value="AU000XCLWAR9"/>
          <ticker value="ACGB"/>
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        <balance>4350000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="0.701749"/>
        <valUSD>3276366.45</valUSD>
        <pctVal>0.6417529563</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Japan (Government Of)</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JGB 0.1 06/20/21 128</title>
        <cusip>J2S39KNZ5</cusip>
        <identifiers>
          <isin value="JP1051281G68"/>
          <ticker value="1280045"/>
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        <balance>665600000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="0.009203"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-06-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.100000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Thailand (Kingdom Of)</name>
        <lei>254900PHJ6MSKT6C7026</lei>
        <title>THAIGB 2.125 12/17/26</title>
        <cusip>Y6065BDX2</cusip>
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          <isin value="TH0623036C06"/>
          <ticker value="LB26DA"/>
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        <balance>36825000</balance>
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        <currencyConditional curCd="THB" exchangeRt="0.033385"/>
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        <pctVal>0.2527423172</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.125000000000</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>Mexico (United Mexican States)</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>MBONO 8 06/11/20 M</title>
        <cusip>P66249DV5</cusip>
        <identifiers>
          <isin value="MX0MGO0000L1"/>
          <ticker value="MEX"/>
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        <balance>70990000</balance>
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        <currencyConditional curCd="MXN" exchangeRt="0.052889"/>
        <valUSD>3774418.99</valUSD>
        <pctVal>0.7393081885</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mexico (United Mexican States)</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>MALAYSIA</name>
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          <isin value="MYBMO1900020"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ING Bank N.V.</name>
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          <isin value="XS1805257265"/>
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      <invstOrSec>
        <name>ING Groep N.V.</name>
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          <isin value="XS1796079488"/>
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        <invCountry>NL</invCountry>
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      <invstOrSec>
        <name>Norway (Kingdom Of)</name>
        <lei>N/A</lei>
        <title>NGB 3 03/14/24 476</title>
        <cusip>R34155AK8</cusip>
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          <isin value="NO0010705536"/>
          <ticker value="NST476"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>NO</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</annualizedRt>
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      <invstOrSec>
        <name>Norway (Kingdom Of)</name>
        <lei>N/A</lei>
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          <isin value="NO0010732555"/>
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        <invCountry>NO</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-03-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.750000000000</annualizedRt>
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      <invstOrSec>
        <name>Mexico (United Mexican States)</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>MCET 0 02/27/20 BI</title>
        <cusip>P4R07XVX1</cusip>
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          <isin value="MXBIGO000OA5"/>
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        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-02-27</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>N/A</annualizedRt>
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      <invstOrSec>
        <name>Petroleos Mexicanos</name>
        <lei>549300CAZKPF4HKMPX17</lei>
        <title>PEMEX 5.125 03/15/23 EMTN</title>
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          <isin value="XS1379158048"/>
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        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-03-15</maturityDt>
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          <annualizedRt>5.125000000000</annualizedRt>
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      <invstOrSec>
        <name>Secretaria Tesouro Nacional</name>
        <lei>254900ZFY40OYEADAP90</lei>
        <title>BNTNF 10 01/01/27 NTNF</title>
        <cusip>P8T60MXG3</cusip>
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          <isin value="BRSTNCNTF1P8"/>
          <ticker value="BLTN"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>BR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>10.000000000000</annualizedRt>
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      <invstOrSec>
        <name>Ukraine (Republic of)</name>
        <lei>6354001WLTJXOMEXPY07</lei>
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        <cusip>X5S005UE9</cusip>
        <identifiers>
          <isin value="XS1303918939"/>
          <ticker value="UKRAIN"/>
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        <balance>475000</balance>
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        <curCd>USD</curCd>
        <valUSD>488242.05</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>UA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.750000000000</annualizedRt>
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        <name>Republic of Ecuador</name>
        <lei>5299003Y2U5XK0A35H71</lei>
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        <cusip>P8054QAM5</cusip>
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          <isin value="XS1458514673"/>
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        <curCd>USD</curCd>
        <valUSD>1420284.39</valUSD>
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        <invCountry>EC</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>NORWAY(KINGDOM OF)</name>
        <lei>N/A</lei>
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        <cusip>R34155BM3</cusip>
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          <isin value="NO0010847106"/>
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        <issuerCat>UST</issuerCat>
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        <name>Intesa Sanpaolo S.p.A.</name>
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        <title>ISPIM 1.375 12/18/25 EMTN</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>THAILAND (KINGDOM OF)</name>
        <lei>254900PHJ6MSKT6C7026</lei>
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          <isin value="TH065503UB04"/>
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        <invCountry>TH</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Belgium (Kingdom Of)</name>
        <lei>549300SZ25JZFHRHWD76</lei>
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          <ticker value="KB6M"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>BE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-06-22</maturityDt>
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          <annualizedRt>1.900000000000</annualizedRt>
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        <name>Republic of Colombia</name>
        <lei>549300MHDRBVRF6B9117</lei>
        <title>COLOM 9.85 06/28/27</title>
        <cusip>P3772NBA9</cusip>
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          <isin value="XS0306322065"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.850000000000</annualizedRt>
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      <invstOrSec>
        <name>Republic of Colombia</name>
        <lei>549300MHDRBVRF6B9117</lei>
        <title>COLOM 4.375 03/21/23</title>
        <cusip>195325BP9</cusip>
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          <isin value="XS0833886095"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-03-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.375000000000</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>Indonesia (Republic of)</name>
        <lei>529900FWX0GRR7WG5W79</lei>
        <title>INDON 3.75 06/14/28 REGS</title>
        <cusip>Y20722AQ0</cusip>
        <identifiers>
          <isin value="XS1432493440"/>
          <ticker value="INDON"/>
        </identifiers>
        <balance>215000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="1.121705"/>
        <valUSD>290364.55</valUSD>
        <pctVal>0.0568746846</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.750000000000</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>General Electric Company</name>
        <lei>3C7474T6CDKPR9K6YT90</lei>
        <title>GE 0.375 05/17/22</title>
        <cusip>369604BR3</cusip>
        <identifiers>
          <isin value="XS1612542669"/>
          <ticker value="GE"/>
        </identifiers>
        <balance>230000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="1.121705"/>
        <valUSD>258159.07</valUSD>
        <pctVal>0.0505664885</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-05-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.375000000000</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>Anglo American Capital PLC</name>
        <lei>TINT358G1SSHR3L3PW36</lei>
        <title>AALLN 1.625 09/18/25 EMTN</title>
        <cusip>G037625Q3</cusip>
        <identifiers>
          <isin value="XS1686846061"/>
          <ticker value="83SN"/>
        </identifiers>
        <balance>140000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="1.121705"/>
        <valUSD>163635.89</valUSD>
        <pctVal>0.0320519141</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.625000000000</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>WPC Eurobond B.V</name>
        <lei>5493005XDMOLBARL5M14</lei>
        <title>WPC 2.125 04/15/27</title>
        <cusip>92940NAB5</cusip>
        <identifiers>
          <isin value="XS1785458172"/>
          <ticker value="WPC"/>
        </identifiers>
        <balance>100000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="1.121705"/>
        <valUSD>118602.92</valUSD>
        <pctVal>0.0232311543</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.125000000000</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>Gaz Capital S.A.</name>
        <lei>213800568PRHV2JR9650</lei>
        <title>GAZPRU 2.5 03/21/26</title>
        <cusip>L4191BCE1</cusip>
        <identifiers>
          <isin value="XS1795409082"/>
          <ticker value="BPCLIN"/>
        </identifiers>
        <balance>325000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="1.121705"/>
        <valUSD>392624.79</valUSD>
        <pctVal>0.0769047430</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.500000000000</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>Iberdrola International B.V.</name>
        <lei>549300ZMLFJKWC63XN87</lei>
        <title>IBESM V2.625 PERP EMTN</title>
        <cusip>N43452F92</cusip>
        <identifiers>
          <isin value="XS1797138960"/>
          <ticker value="IBESM"/>
        </identifiers>
        <balance>500000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="1.121705"/>
        <valUSD>598653.95</valUSD>
        <pctVal>0.1172603700</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2500-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.625000000000</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>CK Hutchison Europe Finance (18) Limited</name>
        <lei>2549003J58N9TB141B68</lei>
        <title>CKHH 1.25 04/13/25</title>
        <cusip>G2176HAB5</cusip>
        <identifiers>
          <isin value="XS1806124753"/>
          <ticker value="CKHH"/>
        </identifiers>
        <balance>200000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="1.121705"/>
        <valUSD>230974.32</valUSD>
        <pctVal>0.0452417197</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>European Investment Bank</name>
        <lei>5493006YXS1U5GIHE750</lei>
        <title>EIB 0.625 01/22/29 EMTN</title>
        <cusip>B3821S6J1</cusip>
        <identifiers>
          <isin value="XS1938387237"/>
          <ticker value="EIB"/>
        </identifiers>
        <balance>1030000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="1.121705"/>
        <valUSD>1215048.78</valUSD>
        <pctVal>0.2379957061</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>XX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.625000000000</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>Republic of Kazakhstan</name>
        <lei>5493007OEK8EF02UO833</lei>
        <title>KAZAKS 0.6 09/30/26 REGS</title>
        <cusip>Y7276LDL9</cusip>
        <identifiers>
          <isin value="XS2050933899"/>
          <ticker value="KAZAKS"/>
        </identifiers>
        <balance>890000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="1.121705"/>
        <valUSD>994457.95</valUSD>
        <pctVal>0.1947878356</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>KZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.600000000000</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>Indonesia (Republic of)</name>
        <lei>529900FWX0GRR7WG5W79</lei>
        <title>INDON 1.4 10/30/31</title>
        <cusip>Y39814KM2</cusip>
        <identifiers>
          <isin value="XS2069959398"/>
          <ticker value="MJFB"/>
        </identifiers>
        <balance>335000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="1.121705"/>
        <valUSD>373028.04</valUSD>
        <pctVal>0.0730662614</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.400000000000</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>CK Hutchison Group Telecom Finance S.A.</name>
        <lei>254900OM17Q9YNDIUG82</lei>
        <title>CKHGTH 1.125 10/17/28</title>
        <cusip>L17666AC9</cusip>
        <identifiers>
          <isin value="XS2057069762"/>
          <ticker value="CKHGTH"/>
        </identifiers>
        <balance>675000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="1.121705"/>
        <valUSD>753905.72</valUSD>
        <pctVal>0.1476700583</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.125000000000</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>Perusahaan Listrik Negara PT</name>
        <lei>254900OYVDRYS9J51J61</lei>
        <title>PLNIJ 1.875 11/05/31 REGS</title>
        <cusip>Y6862HAC3</cusip>
        <identifiers>
          <isin value="XS2073758885"/>
          <ticker value="PLNIJ"/>
        </identifiers>
        <balance>370000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="1.121705"/>
        <valUSD>412540.66</valUSD>
        <pctVal>0.0808057317</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.875000000000</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>MDGH - GMTN B.V</name>
        <lei>213800L53ZH5KG593W13</lei>
        <title>MUBAUH 2.5 11/07/24 REGS</title>
        <cusip>N5S29SAA7</cusip>
        <identifiers>
          <isin value="XS2075921887"/>
          <ticker value="92XD"/>
        </identifiers>
        <balance>295000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>295737.5</valUSD>
        <pctVal>0.0579271024</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-11-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.500000000000</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>DH Europe Finance II SARL</name>
        <lei>222100KDGL314CKTZ511</lei>
        <title>DHR 0.2 03/18/26</title>
        <cusip>23291KAA3</cusip>
        <identifiers>
          <isin value="XS2050404636"/>
          <ticker value="DHR/26"/>
        </identifiers>
        <balance>475000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="1.121705"/>
        <valUSD>526353.28</valUSD>
        <pctVal>0.1030985937</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.200000000000</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>WPC Eurobond B.V</name>
        <lei>5493005XDMOLBARL5M14</lei>
        <title>WPC 1.35 04/15/28</title>
        <cusip>N9655RAA2</cusip>
        <identifiers>
          <isin value="XS2052968596"/>
          <ticker value="WPC"/>
        </identifiers>
        <balance>135000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="1.121705"/>
        <valUSD>149717.9</valUSD>
        <pctVal>0.0293257505</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.350000000000</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>EDP Finance B.V.</name>
        <lei>5299007L43AQDFOW5739</lei>
        <title>EDPPL 0.375 09/16/26 EMTN</title>
        <cusip>N2R631DY6</cusip>
        <identifiers>
          <isin value="XS2053052895"/>
          <ticker value="ELEPOR"/>
        </identifiers>
        <balance>450000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="1.121705"/>
        <valUSD>498196.19</valUSD>
        <pctVal>0.0975833695</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.375000000000</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>Emirate of Abu Dhabi</name>
        <lei>213800FER4348CINTA77</lei>
        <title>ADGB 2.5 09/30/29 REGS</title>
        <cusip>M0152WAE1</cusip>
        <identifiers>
          <isin value="XS2057865979"/>
          <ticker value="76AC"/>
        </identifiers>
        <balance>1400000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1394750</valUSD>
        <pctVal>0.2731943906</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.500000000000</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>DP World Crescent LTD</name>
        <lei>21380096JRTWB8TL9236</lei>
        <title>DPWDU 3.7495 01/30/30 REGS</title>
        <cusip>G28288AD3</cusip>
        <identifiers>
          <isin value="XS2056707420"/>
          <ticker value="75ZB"/>
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        <balance>225000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>227423.7</valUSD>
        <pctVal>0.0445462478</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.750000000000</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>Veon Holdings B.V.</name>
        <lei>5493000XDKGUH5NQGE22</lei>
        <title>VIP 4 04/09/25 REGS</title>
        <cusip>N9219HAA3</cusip>
        <identifiers>
          <isin value="XS2058691663"/>
          <ticker value="VIP"/>
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        <balance>675000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>703390.5</valUSD>
        <pctVal>0.1377754716</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mexico (United Mexican States)</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>MCET 0 04/02/20 BI</title>
        <cusip>P4R07XWF9</cusip>
        <identifiers>
          <isin value="MXBIGO000OG2"/>
          <ticker value="MEX"/>
        </identifiers>
        <balance>163626000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="0.052889"/>
        <valUSD>8492429.52</valUSD>
        <pctVal>1.6634408372</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-04-02</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>N/A</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>Becton Dickinson Euro Finance S.A.R.L.</name>
        <lei>549300W40NLZ25XUTH09</lei>
        <title>BDX 0.632 06/04/23</title>
        <cusip>07589LAB3</cusip>
        <identifiers>
          <isin value="XS2002532567"/>
          <ticker value="BDX/23A"/>
        </identifiers>
        <balance>200000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="1.121705"/>
        <valUSD>226594.11</valUSD>
        <pctVal>0.0443837532</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.632000000000</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>2020-02-14</ncom:dateSigned>
      <ncom:nameOfApplicant>GREAT-WEST FUNDS INC</ncom:nameOfApplicant>
      <ncom:signature>/s/Mary Maiers</ncom:signature>
      <ncom:signerName>Mary Maiers</ncom:signerName>
      <ncom:title>Chief Financial Officer &amp; Treasurer, Great-West Funds, Inc.</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
